Public Charity

BELOVED ASHEVILLE

Based in ASHEVILLE, NC, BELOVED ASHEVILLE operates as a Public Charity. The organization reported $11.2M in revenue, $7.1M in expenses, $23.3M in total assets for fiscal year 2025. Imperigo tracks 138 reported grant relationships connected to this organization totaling approximately $7.5M.

EIN: 843381632 ASHEVILLE, NC Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$11.2M
Total Expenses$7.1M
Total Assets$23.3M
Grant Records138
Funding Total$7.5M
Filing Years2021–2025

Mission

THE MISSION OF BELOVED ASHEVILLE IS TO CULTIVATE A TRANSFORMATIONAL WAY OF LIFE ROOTED IN COMMUNITY, CREATIVITY, AND EQUITY. WE BRING TOGETHER PEOPLE FROM ALL WALKS OF LIFE TO CREATE INNOVATIVE SOLUTIONS TO SOME OF THE TOUGHEST CHALLENGES THAT OUR CITY, REGION, AND WORLD FACE: RACISM AND SYSTEMIC INEQUITIES, HOUSING AND FOOD INSECURITY, POVERTY, AND HEALTHCARE INEQUALITIES. BELOVED ASHEVILLE HAS BEEN ENGAGED IN HURRICANE HELENE DISASTER RELIEF, RECOVERY, REBUILDING, AND HEALING SINCE THE AFTERMATH OF THE STORM ACROSS THE IMPACTED ZONES THROUGHTOUT WESTERN NORTH CAROLINA AND WILL CONTINUE TO PROVIDE SUPPORT FOR YEARS TO COME.

Where $100 goes at Beloved Asheville

How Beloved Asheville divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$6 Management running the organization
$2 Fundraising raising the next dollar

Inside the $92 for programs

$92
To provide charitable support to the vulnerable population in the community
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Adrienne Sigmon
DIRECTOR Amy Cantrell
TREASURER Crissy Stewart
DIRECTOR Marcus Davis
PRESIDENT Michelle Capell
DIRECTOR Susan Haynes

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,698,841 85 grants
Human & Social Services
$1,026,995 13 grants
Economic Development
$658,258 7 grants
Housing & Homelessness
$324,350 3 grants
Public Safety & Disaster Relief
$303,727 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $11.2M $7.1M $23.3M
2024 $16.1M $908K $19.2M
2023 $1.8M $478K $4.0M
2022 $1.1M $717K $3.2M
2021 $1.6M $285K $2.3M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $11.2M (+600%), with total assets most recently reported at $23.3M.

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

See the full picture for BELOVED ASHEVILLE

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