Public Charity

THE IDA AND ASSET BUILDING COLLABORATIVE OF NORTH CAROLINA

THE IDA AND ASSET BUILDING COLLABORATIVE OF NORTH CAROLINA is a nonprofit organization categorized as Public Charity based in RALEIGH, NC. Its most recent IRS filing (2024) reports revenue of $187K, expenses of $190K, total assets of $242K. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $102K.

EIN: 043728351 RALEIGH, NC Latest filing: 2024
Total Revenue$187K
Total Expenses$190K
Total Assets$242K
Grant Records5
Funding Total$102K
Filing Years2020–2024

Mission

THE COLLABORATIVE'S MISSION IS TO CLOSE THE WEALTH GAP IN NORTH CAROLINA. WE ADVOCATE ON BEHALF OF FINANCIALLY VULNERABLE COMMUNITIES BY COLLABORATING WITH FINANCIAL INSTITUTIONS, NONPROFITS, AND LOCAL GOVERNMENT AGENCIES ACROSS THE STATE TO EDUCATE PEOPLE ON BUILDING WEALTH. WE BELIEVE EVERYONE REGARDLESS OF THEIR SKIN COLOR, PHYSICAL ABILITIES, OR FINANCIAL CIRCUMSTANCES DESERVES AN EQUAL OPPORTUNITY TO BUILD WEALTH.

Sample Grants Received

2023
EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION
$25,000
2023
Combat predatory lending
$10,000
2021
EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION
$25,000
2020
Assistance to combat predatory lending
$32,000
2019
GENERAL PURPOSE
$10,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

DIRECTOR Bronwyn Lucas
SECRETARY Catherine Jarboe
BOARD CHAIR Kati Sessoms
TREASURER Latasha Best-Gaddy
EXECUTIVE DIRECTOR Marquita Robertson
DIRECTOR Quintonia Thorpe

Officer compensation and complete director data available with membership.

Top Grant Purposes

EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION
$50,000 2 grants
Assistance to combat predatory lending
$32,000 1 grant
Combat predatory lending
$10,000 1 grant
GENERAL PURPOSE
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $187K $190K $242K
2023 $181K $178K $257K
2022 $177K $168K $263K
2021 $192K $187K $227K
2020 $271K $185K $246K

Between 2020 and 2024, reported annual revenue declined from $271K to $187K (-31%), with total assets most recently reported at $242K.

Interactive year-over-year charts and full filing details available with membership.

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