BELMONT COMMUNITY DEVELOPMENT CORPORATION
EIN 56-1708764 · Community Improvement & Capacity Building (S32Z)
What they do
The Mission of Belmont CDC is to Preserve The Historic Integrity of The Belmont Neighborhood of Charlotte, North Carolina and Surrounding Areas, Utilizing Traditional and Non-traditional Methods of Community Economic Development. The Goal of Belmont CDC is to Provide Affordable Housing, Educational, and Living Wage Employment Opportunities; Business and Entrepreneurship Development, Elderly Housing, Services for Low-to-moderate-income Residents, and Ensure Full Access to and Participation In The Economic Revitalization of The Community.
Should I give to this charity?
This record may have an IRS status problem. Do not give until you verify it.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkThere may be a problem with its nonprofit status. Check before giving.
Money report from 2022The report may be old. Ask for a newer one.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders6 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
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- Who did you help? Ask for a recent story or report that shows real results.
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Worth asking: Expenses exceeded revenue by $144,263 this year. Ask whether that was planned or caused by a one-time event.
Pay context: The highest compensation shown in this filing is $83,394 for REGINALD JONES (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.
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Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
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Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.
Has the pattern changed?
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Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
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Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
People reported as paid
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See everyone listed on the board or leadership roster (6)
REGINALD JONESEXECUTIVE DIR.
JOHN WALLACEDIRECTOR
MARK LYNCHDIRECTOR
MICHAEL HALLTREASURER
SEDRICK MCCALLUMCHAIRMAN
WALLY BURGESSSECRETARY
About this charity
- Recognized since
- January 1991
- Location
- PO BOX 33051, CHARLOTTE, NC 28233-3051
- County
- Mecklenburg
- In care of
- Michael Hall
- Primary officer
- Michael Hall, Treasurer
How to reach them
Filing and classification
- Latest tax year
- 2022
- Tax period began
- January 1, 2022
- Return type
- 990
- Tax preparer
- FOARD AND COMPANY PA
- NTEE classification
- Community Improvement & Capacity Building (S32Z)
- IRS tax category
- Civic and Social Organizations
- Revocation date
- May 15, 2026