Cooperative Christian Ministry
Legal name: Cabarrus Cooperative Christian Ministry
Nonprofit profile at a glance
- EIN
- 561320818
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2022
- Location
- Concord, NC, United States
- Phone
- 704-786-4709
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $8,189,880
- Expenses
- $7,554,575
- Assets
- $20,744,844
- Liabilities
- $2,174,568
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Ed Hosack (Chief Executive)
- Doug Stafford (Vice President)
- Edison McCrea (President)
Highest reported compensation
- Ed Hosack (Chief Executive): $112,349 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide immediate assistance to residents of Concord, Kannapolis, and Cabarrus County, NC who are experiencing crisis in the areas of food, housing, or finances while engaging them in a series of actions that will empower them to move beyond crisis. CCM’s network of food pantries, crisis financial assistance and continuum of housing programs are built on the support of individuals, businesses, foundations and churches throughout the region. CCM’s collaborative services deliver resources and education that help individuals and families create a path to stability by networking with partner organizations and local businesses. Over 30,000 volunteer hours each year. > **Food Program Coordinator > **Status:** Full-Time, Salaried > The Food Program Coordinator supports the coordination and operation of CCM’s external pantry programs, including mobile and satellite pantries, delivery...
What it reported doing in 2024
Housing Programs: Families that are deprived of safe and affordable housing cannot adequately store and prepare food, sustain proper hygiene or achieve adequate sleep, make routine medical appointments, or even maintain a regimen of proper medications.They cannot support the tasks necessary to encourage success in school or performance in the workplace, and they cannot establish the stability to participate in after-school activities or community life. The largest population of growth among the homeless in Cabarrus County is families with children, while the fastest growing homeless population is senior adults. CCMs housing programs served 21 families this year (including 45 children), providing safe housing, nutritious meals, tutoring for students, educational and training opportunities for parents, and case management resources to resident families. 90% of these families progressed within our model or moved to other safe/stable housing, and 74% of the families improved their household financial status. CCM restores hope in the lives of individuals and families facing hardship due to adverse life circumstances. CCMs food and financial services provide relief, in a Christ-centered environment, while our structured housing program guides families towards personal and financial stability.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.9%; rating input score 85
- Program expense ratio: 92.1%; rating input score 92
- Fundraising efficiency: $13.9 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.8%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 2.75; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 19.3% per year; rating input score 100; 83rd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 84.9% of revenue deployed · 92.1% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $7M in reported program spending
- Leadership: top reported pay $112K · 15 people listed
- Highest-paid contractors: 5 contractors listed · $1.5M reported
- Consistency: 25 of 25 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
- Review — Sustainability: Operating margin scored 58/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.