2021-12-14T15:27:46-06:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2020-07-01 560530008 COMMUNITY LINK PROGRAMS OF TRAVELERS AID SOCIETY OF CENTRAL CAROLINAS INC COMM 7049439490 601 E 5TH STREET NO 220 CHARLOTTE NC 282023093 FLOYD R DAVIS JR PRESIDENT/CEO 7049439490 2021-12-07 1 FLOYD DAVIS JR 999009999 JOHN NORMAN P01506766 7049985200 2021-12-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z COMMUNITY LINK FLOYD R DAVIS JR 601 E 5TH STREET NO 220 CHARLOTTE NC 282023093 6208741 0 X WWW.COMMUNITYLINKNC.ORG X 1929 NC TO ENABLE INDIVIDUALS AND FAMILIES TO OBTAIN AND SUSTAIN SAFE, DECENT, AND AFFORDABLE HOUSING. 13 13 42 76 0 0 4739509 6089689 18516 11624 28498 806 91924 106622 4878447 6208741 3077481 3742063 0 0 1511307 1844700 0 0 116865 829464 740845 5418252 6327608 -539805 -118867 2489321 2441493 1300084 1302408 1189237 1139085 X TO ENABLE INDIVIDUALS AND FAMILIES TO OBTAIN AND SUSTAIN SAFE, DECENT, AND AFFORDABLE HOUSING. 0 0 5137187 3742063 HOMELESS TO HOUSING: EVERY DAY WE HELP INDIVIDUALS AND FAMILIES WHO ARE EXPERIENCING HOMELESSNESS IDENTIFY AND SECURE APPROPRIATE HOUSING. WHEN NEEDED, WE PAY RENTAL SUBSIDIES TO SUPPORT THEIR MOVES. WHILE IN THE PROGRAM, HOUSEHOLDS WORK WITH COUNSELORS (CASEWORKERS) TO ADDRESS THE ISSUES THAT LED TO HOMELESSNESS. WE SERVE VETERANS, PEOPLE WITH DISABILITIES, THOSE FLEEING DOMESTIC VIOLENCE, AND THE CHRONICALLY HOMELESS. DURING THE YEAR, WE HELPED 1,227 PEOPLE THROUGH OUR HOMELESS TO HOUSING PROGRAM. 423978 11624 ASSET BUILDING: WE HELP LOW TO MODERATE INCOME HOUSEHOLDS GROW SAVINGS, BUY A FIRST HOME, PREVENT FORECLOSURE, AND RECEIVE FREE TAX ASSISTANCE. INDIVIDUALS AND FAMILIES PARTICIPATE IN OUR FINANCIAL EMPOWERMENT WORKSHOPS THAT INCLUDE BUDGETING, SAVING, CREDIT REPAIR, AND BANKING/FINANCIAL PRODUCTS TO IMPROVE THEIR FINANCIAL HEALTH AND INDEPENDENCE. WE ALSO PROVIDE FREE TAX PREPARATION SERVICES TO HELP LOWER-INCOME PEOPLE FILE THEIR TAXES AND OBTAIN MUCH-NEEDED TAX REFUNDS. WE EDUCATED AND COUNCELED 312 INDIVIDUALS AND PREPARED 613 TAX RETURNS.OUR ORGANIZATION IS A HOUSING AND URBAN DEVELOPMENT (HUD) -APPROVED AGENCY AND SERVICES ARE PROVIDED BY CERTIFIED HOUSING COUNSELORS. 5561165 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 281 0 1 42 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CFSC SHARED SERVICES LLC 7049439515 601 E FIFTH STREET SUITE 450 CHARLOTTE NC 28202 KATHY CUMMINTS CHAIR 2.00 X X 0 0 0 MARTHA BORGESE VICE-CHAIR 2.00 X X 0 0 0 ROD BANKS SECRETARY 2.00 X X 0 0 0 MATTHEW GOZYCKI TREASURER 2.00 X X 0 0 0 ANA APONTE DIRECTOR 1.00 X 0 0 0 CAROL WILLIAMS DIRECTOR 1.00 X 0 0 0 DINO CRNALIC DIRECTOR 1.00 X 0 0 0 DOROTHY ASHFORD DIRECTOR 1.00 X 0 0 0 ELIZABETH TEAGARDEN DIRECTOR 1.00 X 0 0 0 JAMES WARD DIRECTOR 1.00 X 0 0 0 LEVERNE MCELVEEN DIRECTOR 1.00 X 0 0 0 UNETTA MOORE DIRECTOR 1.00 X 0 0 0 JOEL BLEVINS DIRECTOR 1.00 X 0 0 0 FLOYD DAVIS PRESIDENT & CEO 40.00 X 169454 0 34949 169454 0 34949 1 0 1 0 TRUE HOMES LLC 2649 BREKONRIDGE CTR DRIVE MONROE NC 28110 BUILDING HOMES FOR COMMUNITY LINK 307910 CFSC SHARED SERVICES 601 E 5TH STREET CHARLOTTE NC 28202 HR & FINANCE 183903 DUKE ENERGY PO BOX 70516 CHARLOTTE NC 28277 UTILITY SERVICES 120486 3 347493 4540007 1202189 6089689 SERVICE FEES 900099 11624 11624 11624 129 129 91626 0 91626 91626 91626 677 0 677 677 677 MISCELLANEOUS REVENUE 900099 14996 14996 14996 6208741 11624 0 107428 3742063 3742063 161214 48534 112680 1235653 1063703 166175 5775 30370 22092 8278 309137 202182 106200 755 108326 85933 21829 564 125 125 180210 141405 38805 134307 58353 8407 67547 45369 4254 8005 33110 58084 30012 26254 1818 61091 55778 5293 20 9749 3555 3393 2801 178966 73796 105170 1744 1601 143 15501 6490 5687 3324 6823 6823 8530 7025 808 697 16894 16894 DUES AND MEMBERSHIPS 19485 11864 7621 MISCELLANEOUS 3967 2525 988 454 6327608 5561165 649578 116865 175833 505155 81126 4777 1077027 390214 4039 307 200392 216952 925953 145704 487088 780249 463816 543839 2489321 2441493 96738 215413 44829 379772 1037860 540471 120657 166752 1300084 1302408 X 753338 785656 435899 353429 1189237 1139085 2489321 2441493 X -118867 34128 34587 X 0 1 X 1 1 1 X 4669059 5160015 5328906 4739509 6089689 25987178 4669059 5160015 5328906 4739509 6089689 25987178 821984 25165194 21678 21491 59872 85803 91755 280599 9374 6416 4338 7498 14996 42622 26310399 126422 0.95650 0.98590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 439891 439891 83580 73690 9890 40188 40185 3 362294 31829 330465 780249 457B ASSET 166752 ASSETS HELD FOR SALE 377087 543839 457B LIABILITY 166752 166752 X 6451919 34128 209050 243178 6208741 0 6208741 6536658 209050 209050 6327608 0 6327608 PART X, LINE 2: COMMUNITY LINK, PROGRAMS OF TRAVELERS AID SOCIETY OF CENTRAL CAROLINAS, INC. IS A NORTH CAROLINA NONPROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. COMMUNITY LINK HOME OWNERSHIP, LLC IS A SINGLE MEMBER LIMITED LIABILITY COMPANY. AS SUCH, IT IS CONSIDERED A DISREGARDED ENTITY FOR TAX PURPOSES. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. U.S. GAAP REQUIRES THE ORGANIZATION TO RECOGNIZE A TAX BENEFIT OR EXPENSE FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION HAS EVALUATED ITS TAX POSITION AND MANAGEMENT BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 OR 2020. X X X X 1 COMMUNICATION MARK 233 TAMPA CIRCLE ARDEN NC 28704 FUNDRAISING CONSULTING AND GRANT WRITING 0 0 0 0 1 TRAVEL ASSISTANCE 154 14562 HOUSING/UTILITY ASSISTANCE 1227 3727501 PART I, LINE 2: EACH CUSTOMER'S ABILITY TO PAY RENT/UTILITIES IS ASSESSED AND COMPARED TO CURRENT FAIR MARKET RENTS IN THE AREA. COMMUNITY LINK UTILIZES THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S TENANT RENT CALCULATION WORKSHEET TO DETERMINE EACH CUSTOMER'S AFFORDABILITY. COMMUNITY LINK COMMITS TO THE LANDLORD TO PAY THE REMAINING PORTION. THE PAYMENT TO THE LANDLORD GOES THROUGH AN INTERNAL APPROVAL PROCESS PRIOR TO BEING PROCESSED. X X X X 0 0 0 0 0 0 0 0 0 FLOYD DAVIS PRESIDENT & CEO 169454 0 0 0 0 0 6027 0 28922 0 204403 0 0 0 X 2 503400 FMV BASED ON APPRAISAL 0 1 1 PART I, LINE 32B: THE PRESIDENT/CEO OF THE ORGANIZATION REVIEWS ALL NON-STANDARD CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS OF THE BOARD OF DIRECTORS AND THE CHAIRS OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD OF DIRECTORS BETWEEN ITS REGULAR MEETINGS WHERE A QUORUM OF THE BOARD OF DIRECTORS WOULD BE IMPRACTICAL OR IMPOSSIBLE, EVALUATE THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S PERFORMANCE, DETERMINE HIS/HER COMPENSATION ANNUALLY, AND HANDLE SUCH MATTERS AS MAY BE DELEGATED TO IT BY RESOLUTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE AUDIT COMMITTEE AND FEEDBACK IS GIVEN IF NEEDED. AFTER THEIR REVIEW IT IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C WHEN ACTION IS TAKEN BY THE BOARD, THE QUESTION IS ASKED IF THERE ARE ANY CONFLICTS. IF SOMEONE ANSWERS YES, THAT PERSON ABSTAINS FROM VOTING AND IT IS NOTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE REVIEWS AND DETERMINES COMPENSATION. CFSC PEER ANALYSIS, NONPROFIT TIME, MERCER CONSULTING, CHARITY NAVIGATOR ARE USED IN THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON SALE OF ASSETS AVAILABLE FOR SALE 34,587. COMMUNITY LINK HOME OWNERSHIP LLC 601 E FIFTH STREET SUITE 200 CHARLOTTE NC 28202 ASSIST LOW INCOME IND/FAM IN LOCATING AND PURCHASING AFFORDABLE HOUSING. NC 446248 1595394 COMMUNITY LINK