2011-08-10T14:07:04-00:00 2010-12-31 990 2010-01-01 561271685 Center for Community Self-Help CENT 9199564400 301 W Main Street Durham NC 277013227 Stephanie Barnes-Simms 9199564400 2011-08-10 false 2010 2016-02-24 21:20:13Z Stephanie Barnes-Simms 301 W Main Street Durham NC 27701 7255491 false X www.self-help.org X 1980 NC The Center's mission is to create and protect ownership and economic opportunity for charitable beneficiaries, including individuals, organizations and communities traditionally underserved by conventional markets. The Centers mission is to create and protect ownership and economic opportunity for charitable beneficiaries, including individuals, organizations and communities traditionally underserved by conventional markets. 10 8 0 0 5409670 6537946 311115 178961 24669 5026 20297 533558 5765751 7255491 832729 3067972 0 0 0 20159 4501034 1626948 5333763 4694920 431988 2560571 22821204 22899664 6955267 4473156 15865937 18426508 X The Centers mission is to create and protect ownership and economic opportunity for charitable beneficiaries, including individuals, organizations and communities traditionally underserved by conventional markets. false false 753727 750000 178961 COMMUNITY DEVELOPMENT LENDING Through Self-Help Ventures Fund, created job options for low income, rural and minority communities by creating jobs, enabling home ownership and fostering small business development. Approximately 23,861 beneficiaries. 663154 2150 EDUCATIONAL AND TECHNICAL ASSISTANCE Together with supporting organizations Self-Help Ventures Fund and Self-Help Community Development Corporation, conducted general programs, educational and job-saving activities, and development of support groups and community-based organizations that help low-income people. Approximately 38,613 beneficiaries. 2756165 2017972 COMMUNITY DEVELOPMENT REAL ESTATE PROJECTS Through Self-Help Ventures Fund, provided rental property to exempt organizations. Developed commercial property in blighted areas. Homeownership revitalization projects in blighted areas for low-income and disadvantaged families. Approximately 2,240 beneficiaries. 65024 4238070 true true false true false false false false false true false true false false true true false false false false false false false false false false true true false false false false false false false false false false false false false false true true true true false true 25 0 false 0 false false false false false false false false false false X 10 8 false false false false true true false true true false false true true true true true true true true false X Stephanie Barnes-Simms 9199564659 301 W Main Street Durham NC 27701 X Lew H Myers 001.00 X X 0 0 0 Martin Eakes 001.00 X X 0 63462 27553 Charles Daye 001.00 X 0 0 0 David Stein 001.00 X 0 0 0 Gene Nichol 001.00 X 0 0 0 Farad Ali 001.00 X 0 0 0 Linda Shaw 001.00 X 0 0 0 Lynne Walker 001.00 X 0 0 0 Liz Seaborn 001.00 X 0 45608 11198 Katherine Stern Weaver 001.00 X X 0 0 0 Stephanie Barnes-Simms 040.00 X 0 70557 15371 179627 54122 false false false 24732 3480664 3032550 6537946 Charitable Credit Enhancement 522200 178961 178961 178961 5026 5026 Technical Assistance Revenue 541900 2150 2150 Sales Tax Refund 900099 8029 8029 Other Income 900099 142014 142014 381365 381365 533558 7255491 712519 5026 2767972 2767972 300000 300000 0 0 0 0 0 0 0 0 0 0 13700 13700 5000 5000 0 58 42 16 1 0 14235 10087 1478 2670 0 0 29788 21487 7951 350 6293 6293 0 0 0 0 19176 13832 5118 226 0 Loan Loss Expense 328685 328685 Hiring Recruiting 310 224 82 4 Marketing 25 25 Association Dues Sponsorship 3700 3700 Staffing Reimbursement to SHSC EIN 56-1849615 1205978 780723 408347 16908 0 4694920 4238070 436692 20159 829862 1593846 768943 269344 296652 309697 45000 45000 644581 616113 47644 28468 6543 3938 20826560 20649371 22821204 22899664 404536 160737 2709291 509291 3841440 3803128 6955267 4473156 X 5665937 8226508 10200000 10200000 15865937 18426508 22821204 22899664 2560571 X false true true X true true X 2603031 3402101 2060423 7871210 4419312 20356077 2603031 3402101 2060423 7871210 4419312 20356077 2626471 17729606 196404 189559 83549 24669 5026 499207 20855284 2426299 0.85010 0.75470 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 87 17850 8163 551388 8250 569238 4686670 83432171 4694920 84001409 384746 1000000 96187 250000 1000000 1000000 1000000 1000000 4000000 6000000 579211 884145 689096 569238 2721690 250000 250000 250000 250000 1000000 1500000 23150 27160 49284 17850 117444 II-A Affiliated group members 1 Center for Responsible Lending, 302 W. Main Street, Durham, NC, EIN 74-3043913, Direct lobbying expenses 543,225, Grassroots lobbying expenses 17,763 2 Self-Help Ventures Fund, 301 W. Main Street, Durham, NC, EIN 58-1562750, Direct lobbying expenses 0, Grassroots lobbying expenses 0 3 Self-Help Community Development Corporation, 301 W. Main Street, Durham, NC EIN 56-1975829, Direct lobbying expenses 0, Grassroots lobbying expenses 0 4 Self-Help Services Corporation, 301 W. Main Street, Durham, NC 27701, EIN 56-1849615, Direct lobbying expenses 0,Grassroots lobbying expenses 0 5 Self-Help Assistance Corporation, 301 W. Main Street, Durham, NC 27701, EIN 56-1923620,Direct lobbying expenses 0 Grassroots lobbying expenses 0. II-A Of these group members, Center for Responsible Lending and the filing organization, Center for Community Self-Help, have made the election under section 501h. 42089 42089 455759 428427 27332 146733 145597 1136 28468 NC Childcare Revolving Loan Fund 2454177 F Eastern NC Childcare Revolving Loan Fund 1348951 F Charter School Enhancement Grant Fund 11817066 F Golden Leaf Loan Fund 5029177 F 20649371 7255491 4694920 2560571 2560571 7255491 7255491 7255491 4694920 4694920 4694920 X 2 The Center has determined that all tax positions taken for the current year ended December 31, 2010 and all years open under the statue of limitation are highly certain. Therefore, the Center has determined that no unrecognized tax liability exists. true Self-Help Ventures Fund 301 W Main Durham NC 27701 581562750 501c3 2531365 Charitable Lending Self-Help Community Dev Corp 301 W Main Durham NC 27701 561975829 501c3 236607 Affordable Housing 2 Down Payment Assistance 300000 I 2 The organization makes grants only under very limited circumstances where it maintains close supervision of the manner in which grant funds are expended or works in partnership with an ally organization that supervises the use of grant funds. Grantees are required to provide periodic documentation that funds have been expended in accordance with any grant agreements. III 1 The organization is committed to facilitating 300,000 in down payment assistance to first time women home buyers to help them overcome the high transaction costs of purchasing a home. This grant expense was accrued as a payable in 2010 to be paid in future years Form 990 Part III 4d COMMUNITY DEVELOPMENT SECONDARY MARKET PROGRAMS Facilitation of a secondary market operated by Self-Help Ventures Fund at reasonable rates for home mortgages of low-income buyers in distressed communities to make homeownership more widely available to these families. Approximately 47,796 beneficiaries. Form 990 Part III 4d RESPONSIBLE LENDING POLICY AND RESEARCH Together with supporting organization Center for Responsible Lending, engaged in education technical assistance on abusive financial practices that deplete the wealth of low-income minority families communities. Published more than 30 research reports, issue briefs, and analysis for comment letters to educate the general public and inform the regulatory process. Taken together, the activities noted above had approximately 6,641 beneficiaries. Form 990 Part VI 6, 7a The organization has two classes of members, each of which elects a representative to the board of directors. Form 990 Part VI 11b The Form 990 is prepared by staff accountants. The Chief Financial Officer, the Controller, and in-house counsel review multiple drafts and verify all answers before the form is provided to the Chief Executive Officer and board of directors for further review and comment prior to submission. Form 990 Part VI 12c The organizations Conflict of Interest Policy covers its officers, directors or trustees, all employees of the organization or any related organization, and family members of persons in these categories. All covered persons are required under the policy to disclose actual or potential conflicts as soon as they arise and to confirm on an annual basis that there are no existing conflicts of interest. Persons with actual conflicts are prohibited from participating in any decisions relevant to the situation where the conflict exists. Most conflicts are clearly delineated by the policy situations that are no so clear-cut are reviewed by in-house counsel, the CEO, or the Board, as appropriate. Form 990 Part VI 15b The organization pays its highest paid workers including the CEO, top management officials and other officers, in accordance with a salary ceiling that is confirmed annually by the board, and was last confirmed in February 2010. This ceiling is subject to adjustment for increased costs of living associated with the geographical areas in which workers are working, but is well below the average market salary for workers with comparable levels of expertise and experience. Form 990 Part VI 19 No documents available to the public. Form 990 Part VII 1a No director or officer receives compensation for his or her work as a director, officer or trustee instead, the amounts listed in columns E and F are compensation paid to full-time 40 hours per week employees of the related organization, Self-Help Services Corporation, which serves as the employer for all of the filing organizations workers. Self-Help Assistance Corporation 301 W Main Street Durham NC 27701 561923620 Economic Development NC 501c3 11-1 Filing Organization true Self-Help Community Development Corporation 301 W Main Street Durham NC 27701 561975829 Affordable Housing NC 501c3 11-1 Filing Organization true Self-Help Credit Union 301 W Main Street Durham NC 27701 561382971 Economic Development NC 501c14 N/A N/A false Self-Help Services Corporation 301 W Main Street Durham NC 27701 561849615 Staffing Services NC 501c3 11-1 Filing Organization true Self-Help Ventures Fund 301 W Main Street Durham NC 27701 581562750 Charitable Lending NC 501c3 11-1 Filing Organization true Center for Responsible Lending 301 W Main Street Durham NC 27701 743043913 Research Policy NC 501c3 11-1 Filing Organization true Self-Help Federal Credit Union 301 W Main Street Durham NC 27701 263016612 Economic Development NC 501c1 N/A N/A false Self-Help Economic Development 1330 Broadway Street Suite 604 Oakland CA 94612 205330006 Charitable Activities CA 501c3 7 Filing Organization true false false false true false false false false false true false true true false true true false false Self-Help Services Corporation o 1205978 Cash Self-Help Credit Union p 53110 Cash Self-Help Ventures Fund p 1243444 Cash Center for Community Self-Help 301 W Main Street Durham NC 277013227 561271685 87 8163 8250 4686670 4694920 55891 13973 0 0 0 Center for Responsible Lending 301 W Main Street Durham NC 277013227 743043913 17763 543225 560988 5384175 5945163 70775 17694 69 490213 0 Self-Help Community Development Corporation 301 W Main Street Durham NC 277013227 561975829 0 0 0 1811600 1811600 21566 5392 0 0 0 Self-Help Ventures Fund 301 W Main Street Durham NC 277013227 581562750 0 0 0 55101813 55101813 655963 163991 0 0 0 Self-Help Services Corporation 301 W Main Street Durham NC 277013227 561849615 0 0 0 16447913 16447913 195805 48951 0 0 0