North Carolina Housing Coalition Inc

What it reported doing in 2025

Community justice collaborative: the community justice collaborative (cjc) is a triangle-region initiative incubated by the nc housing coalition. The primary purpose of the collaborative is to support and connect community-led efforts in historically black communities to prevent the displacement of long-term neighbors and to enable affordable and equitable housing development, provide ample opportunities for power building across the region. Working in and with a dozen historically black neighborhoods, the cjc will help mobilize community development strategies, real estate tools, and data analysis to further community self-determination, increase racial equity, and retain lower-income long-term black residents who have built and sustained our communities. North Carolina tenants union (nctu): on march 15, 2024, the coalition (the "sponsor") entered into a fiscal sponsorship agreement with the North Carolina tenants union (the "project"). Under this agreement, the sponsor provides fiscal sponsorship services, including receiving grants, tax deductible contributions, and other revenues on behalf of the project. The sponsor is also responsible for maintaining financial oversight, disbursing funds and processing payroll for the project's activities in accordance with the terms outlined in the agreement. The agreement includes an administrative fee of 6.5% of the project's gross revenue, applied to donations and grants received by the sponsor on the project's behalf. Additionally, the sponsor agrees to provide certain employee benefits and administrative support to project staff. This agreement is expected to remain in effect until the project has established and confirmed independent 501(c)3 legal status and the parties agree to termination in writing, unless sooner terminated by the parties as outlined in the agreement. The agreement terminated on april 30, 2025, upon the agency's designation as an independent 501(c)(3).

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 81%; rating input score 81
• Fundraising efficiency: $14.34 raised per $1 spent on fundraising; rating input score 46; 46th 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: 100%; rating input score 100; 78th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th 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: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -24.5%; rating input score 5; 5th percentile among comparable filings
• Total-asset coverage ratio: 0.4; rating input score 20; 20th percentile among comparable filings
• Liabilities to assets ratio: 0.25; rating input score 22; 22nd percentile among comparable filings
• Officer compensation ratio: 11.3%; rating input score 34; 34th percentile among comparable filings

Growth

• Program expense growth: 7.5% per year; rating input score 100; 48th percentile among comparable filings
• Revenue growth: 5.5% per year; rating input score 100; 41st percentile among comparable filings
• Asset growth: 5.4% per year; rating input score 100; 37th percentile among comparable filings