Wilmington Area Rebuilding Ministry Inc
Nonprofit profile at a glance
- EIN
- 562076795
- IRS 990 coverage
- 2011–2025
- Forms available
- Form 990 2025
- Location
- Wilmington, NC, USA
- Phone
- 9103997563
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $4,748,138
- Expenses
- $4,103,186
- Assets
- $5,193,048
- Liabilities
- $478,882
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Charles Chambers (President)
- Mandy Mattox (Past President)
- Rickman Davis (President-Elect)
- Andy Jones (Chief Executive Officer)
Highest reported compensation
- Andy Jones (Chief Executive Officer): $123,276 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At WARM, we bring together volunteers and trusted contractors to take care of urgent home repairs-so people can live safely, independently, and with dignity. We focus on repairs that impact health and accessibility for homeowners who may not have the resources to fix critical issues on their own. We partner with community organizations, regional governments, and local service providers to be proactive and focus on repairs that can be detrimental to one's health and accessibility. WARM's areas of impact are affordable housing preservation, health and wellness, workforce development, and disaster resiliency. The majority of our funding is from government sources (69%) and private support (29%).
What it reported doing in 2025
As we enter our 30th year (2026), we have rebuilt 2,650 homes in our seven-county service area that includes Bladen, Brunswick, Columbus, Duplin, New Hanover, Onslow, and Pender.To qualify for WARM's services, homeowners must be at or below certain income thresholds (usually 50%) based on area median income for their county of residence and must have resided in and owned their homes for at least three years. WARM served 367 households in 2025 and 555 households in 2024.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.8%; rating input score 77
- Program expense ratio: 89%; rating input score 89
- Fundraising efficiency: $13.82 raised per $1 spent on fundraising; rating input score 47; 47th 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- 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: 13.6%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 18.6% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 18.7% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 21.1% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 76.8% of revenue deployed · 89% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $3.7M in reported program spending
- Leadership: top reported pay $123K · 17 people listed
- Highest-paid contractors: 1 contractor listed · $129K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 15 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 47/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.