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LOVE COMMUNITY DEVELOPMENT CORPORATION

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Public IRS 990 nonprofit record

LOVE COMMUNITY DEVELOPMENT CORPORATION

EIN 58-2463983 · Low-Income & Subsidized Rental Housing (L21)

What they do

Provided Training and Resources for Senior Volunteers Age 55 Over to Help 43 Students In Pre-K Through 4th Grade Become Proficient Readers Through Community Collaborations Enriched The Lives of 241 Homebound Isolated Seniors Andor Disabled Individuals By Providing Transportation for Access to Care Doctorpharmacy Andor Foodnutrition Support Grocery Shopping or Local Food Pantry Also Provided Social Support Through Card Connections and Home Visits for Homebound Isolated Seniors

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $123.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.40%of revenue went to mission work123.8% of expenses · Program services
$110.94spent for every $100 of revenueSpending was higher than revenue this year.
$0.38in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $15,552 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $29,374 for JEREMY SUMPTER (RSVP PROGRAM DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

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

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$179,705
Mission workProgram services$130,10472.40% of revenue123.8% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$74,62941.53% of revenueShown in gray on the chart
Total expenses$105,07658.47% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$142,096
Expenses$157,648
Annual shortfall $15,552 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$130,104 · 82.5% of expenses
See all reported dollar amounts
Revenue$142,096
Expenses$157,648
Assets$59,270
Income$142,096
Contributions$142,096
Mission work (program services)$130,104
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JEREMY SUMPTERRSVP PROGRAM DIRECTOR · 30 hrs/week $29,374
PATRICIA GILLIAMRSVP PROGRAM ASSISTANT · 18 hrs/week $19,547

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (4)

JEREMY SUMPTERRSVP PROGRAM DIRECTOR

PATRICIA GILLIAMRSVP PROGRAM ASSISTANT

ANGELINE SUMPTERPRESIDENTCEO

RONALD SUMPTEREXECUTIVE DIRECTOR

About this charity

Recognized since
January 2004
Location
3980 N LIBERTY ST, WINSTON SALEM, NC 27105-3810
County
Forsyth
In care of
Angeline Sumpter
Primary officer
Angeline Sumpter, President

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
NTEE classification
Low-Income & Subsidized Rental Housing (L21)
IRS tax category
Low-Income & Subsidized Rental Housing

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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