2025-02-17T08:40:26-06:00 2024-06-30 390758449 WIPFLI LLP 105 E PINE ST UPPER FLOOR MISSOULA MT 59802 990 2023-07-01 200310400 METANOIA META 8435293014 2005 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 BILL STANFIELD CEO 8435293014 2025-02-04 1 1 SAM BRUNSON CPA P01696998 4067281800 2025-02-04 2023 2025-03-06 01:10:19Z BILL STANFIELD 2005 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 3808120 0 X METANOIASC.ORG X 2003 SC WE AMPLIFY OPPORTUNITIES FOR A THRIVING COMMUNITY WITH FAMILIES IN CHICORA AND SURROUNDING HISTORICALLY BLACK NEIGHBORHOODS BY HONING THE UNIQUE ASSETS THAT EXIST HERE. 14 14 36 125 0 0 2744025 3138618 713142 542584 7058776 88886 208577 4305 10724520 3774393 40321 81000 0 0 927761 1217897 0 0 269184 2291889 2177555 3259971 3476452 7464549 297941 24329959 27089322 7439571 9397662 16890388 17691660 X WE AMPLIFY OPPORTUNITIES FOR A THRIVING COMMUNITY WITH FAMILIES IN CHICORA AND SURROUNDING HISTORICALLY BLACK NEIGHBORHOODS BY HONING THE UNIQUE ASSETS THAT EXIST HERE. 0 0 1272822 81000 542584 HOUSING DEVELOPMENT:METANOIA IS A NON-PROFIT HOUSING DEVELOPER WITHIN A CITY WITH SOME OF THE FASTEST RISING HOUSING COSTS AND HIGHEST EVICTION RATES IN THE NATION. AS A CERTIFIED COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO), WE OFFER REPAIRS TO HOMEOWNERS ON A LOW FIXED INCOME. WE ALSO ACQUIRE AND RENOVATE VACANT PROPERTIES AND BUILD NEW HOMES FOR BOTH AFFORDABLE HOMEOWNERSHIP AND RENTAL OPPORTUNITIES. METANOIA IS ALSO LAND BANKING PROPERTY FOR FUTURE AFFORDABLE HOUSING IN A COMMUNITY THAT IS THREATENED BY GENTRIFICATION. METANOIA IS ALSO WORKING WITH LOCAL POLICY MAKERS TO ENSURE THE CREATION OF ADDITIONAL AFFORDABLE HOUSING IN OUR REGION. 777540 0 0 LEADERSHIP DEVELOPMENT (MYLA - METANOIA YOUTH LEADERSHIP ACADEMY):THE METANOIA YOUTH LEADERSHIP ACADEMY OFFERS YEAR-ROUND LEADERSHIP DEVELOPMENT FOR STUDENTS IN THE MOST DISINVESTED NEIGHBORHOODS IN NORTH CHARLESTON. WE OFFER AFTER SCHOOL PROGRAMMING FOR 45 STUDENTS DURING THE SCHOOL YEAR AND 80 STUDENTS DURING THE SUMMER MONTHS. WE SERVE STUDENTS FROM 1ST TO 12TH GRADES AND OFFER INTERNSHIPS FOR COLLEGE GRADUATES THAT HAVE BEEN STUDENTS IN OUR PROGRAMS. METANOIA STUDENTS OUTPERFORM THEIR PEERS ON STANDARDIZED TESTING AND ATTEND COLLEGE AT A MUCH HIGHER RATE THAN THEIR PEER GROUPS. AS A PART OF THIS EFFORT, METANOIA ALSO OPERATES A YOUTH EMPLOYMENT INITIATIVE THAT PROVIDES HIGH SCHOOL STUDENTS PRACTICAL JOB EXPERIENCE. DURING THE SUMMERS METANOIA OPERATES A CHILDREN'S DEFENSE FUND FREEDOM SCHOOL WHERE 94% OF SCHOLARS EITHER GAIN (82.3%) OR MAINTAIN (11.6%) THEIR READING LEVELS DURING THE CRITICAL SUMMER MONTHS. 305301 0 0 ECONOMIC DEVELOPMENT:METANOIA SEEKS THE ECONOMIC REVITALIZATION OF THE COMMUNITIES WE SERVE THAT IS BENEFICIAL TO THE CURRENT FAMILIES WITHIN THOSE COMMUNITIES. WE HAVE DONE THIS THROUGH OFFERING TRAINING TO MINORITY CONTRACTORS, STARTING STUDENT RUN SMALL BUSINESSES, PROVIDING A LOCAL MANUFACTURER A LOW INTEREST LOAN FOR EXPANSION TO CREATE ADDITIONAL JOBS AND WORKING ON THE REVITALIZATION OF A DOWNTOWN COMMERCIAL STRIP THROUGH THE NEIGHBORHOOD. WE HAVE PROVIDED BELOW MARKET SPACE TO SEVERAL BLACK ENTREPRENEURS TO HELP SUPPORT THEIR BUSINESS GROWTH ALONG THIS CORRIDOR. METANOIA IS ALSO WORKING ON THE ADAPTIVE REUSE OF THE FORMER CHICORA ELEMENTARY SCHOOL A 57,000 SQ/FT FACILITY THAT WILL HOUSE A CRISTO REY HIGH SCHOOL AND AN AUDITORIUM FOR USE BY THE NEIGHBORHOOD. METANOIA IS ALSO WORKING WITH LOCAL MUNICIPAL LEADERS TO SUPPORT SMALL BUSINESS INFRASTRUCTURE WITHIN THE COMMUNITIES WE SERVE. 166867 0 0 CALL TO ACTION: METANOIA WORKS WITH THE CITIZENS OF THE COMMUNITY TO MOBILIZE COMMUNITY VOICE AROUND ISSUES THAT THEY IDENTIFY AS IMPORTANT. THE ORGANIZATION HAS WORKED TO ORGANIZE THE COMMUNITY TO GET A NEW ELEMENTARY SCHOOL BUILT, CHANGE NEIGHBORHOOD ZONING LAWS, AND ACHIEVE MITIGATION FUNDING FROM A RAIL FACILITY BEING BUILT ADJACENT TO THE COMMUNITY. METANOIA ALSO HOSTS VOLUNTEERS THAT WORK IN PARTNERSHIP WITH COMMUNITY RESIDENTS ON PROJECTS AND PROGRAMS THAT BENEFIT THE COMMUNITY. ANY ORGANIZING OF THE COMMUNITY AROUND ISSUES OF IMPORTANCE IS NON-PARTISAN AND ISSUE ORIENTED. 166867 0 0 2522530 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 56 0 36 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X BILL STANFIELD 8435293014 2005 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 MONIFA ELLINGTON BOARD CHAIR 4.00 X X 0 0 0 NELSON AKWARI TREASURER 2.00 X X 0 0 0 FRED HUDSON SECRETARY 2.00 X X 0 0 0 BRADY ANDERSON DIRECTOR 1.00 X 0 0 0 HAROLD DRAYTON DIRECTOR 1.00 X 0 0 0 LISA HUFFINES DIRECTOR 1.00 X 0 0 0 ALEX JACKSON DIRECTOR 1.00 X 0 0 0 MIKE JACKSON DIRECTOR 1.00 X 0 0 0 CRAIG LOGAN DIRECTOR 1.00 X 0 0 0 ELIZABETH NANCE-COKER DIRECTOR 1.00 X 0 0 0 DAMON NEWBY DIRECTOR 1.00 X 0 0 0 RAYNIQUE SYAS DIRECTOR 1.00 X 0 0 0 IDA TAYLOR DIRECTOR 1.00 X 0 0 0 AYESHA WASHINGTON DIRECTOR 1.00 X 0 0 0 BILL STANFIELD CEO 40.00 X 112043 0 9437 JAMILLA HARPER COO 40.00 X 96253 0 9102 208296 0 18539 1 0 0 0 WEEKS & IRVIN LLC PO BOX 128 LADSON SC 294560128 LEGAL SERVICES 281999 WIPFLI LLP PO BOX 3160 MILWAUKEE WI 532013160 ADVISORY SERVICES 219233 JW CONSTRUCTION OF RIDGELAND LLC 5240 HWY 162 HOLLYWOOD SC 29449 CONSTRUCTION SERVICES 126479 3 5032 793075 2340511 3138618 RENTAL INCOME 531110 368584 368584 HOME SALES 531390 174000 174000 542584 42613 42613 80000 33727 46273 46273 46273 OTHER INCOME 900099 4305 4305 4305 3774393 542584 0 93191 81000 81000 230786 146722 50925 33139 804583 511958 176974 115651 23238 14787 5111 3340 52892 32729 12808 7355 106398 67714 23396 15288 10789 4066 6022 701 250342 94342 139724 16276 235486 88743 131432 15311 75874 39566 13998 22310 35230 17677 14036 3517 69429 62176 2339 4914 61807 45072 13534 3201 78612 78487 39 86 229323 213145 16162 16 163288 135639 24395 3254 CONSTRUCTION COSTS 268950 268950 PROPERTY MAINTENANCE EX 266291 215660 47625 3006 EMERGENCY REPAIRS 161359 161359 OTHER PROGRAM COSTS 138447 124617 13830 132328 118121 6218 7989 3476452 2522530 684738 269184 2329648 1295311 10166871 11343723 86912 24988 522332 376803 54250 50138 10729208 1085278 6106930 9643930 5063016 4354429 24329959 27089322 633868 417918 352912 145880 457248 382795 5615330 8092237 380213 358832 7439571 9397662 X 11324207 12182416 5566181 5509244 16890388 17691660 24329959 27089322 297941 503331 0 X X 0 1 X 1 1 1 X 4052322 2759107 4319633 2744025 3138618 17013705 228485 278608 656081 713142 542584 2418900 4280807 3037715 4975714 3457167 3681202 19432605 35000 750000 500000 21125 1306125 0 35000 750000 500000 21125 1306125 18126480 20567 8241 14719 58776 42613 144916 20567 8241 14719 58776 42613 144916 277565 1057028 26670 208577 4305 1574145 4578939 4102984 5017103 3724520 3728120 21151666 0.85700 0.86100 0.00690 0.00560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2179424 2179424 7802625 807195 6995430 601285 156069 445216 145874 122014 23860 9643930 CONSTRUCTION IN PROGRESS 3927610 NET OPERATING LEASE 339709 ASSETS HELD WITH CONDITIONS 80000 AMORTIZED CLOSING COSTS 7110 4354429 OPERATING LEASE 356707 REFUNDABLE DEPOSITS 2125 358832 X 4397724 503331 120000 623331 3774393 0 3774393 3596452 120000 120000 3476452 0 3476452 PART IV, LINE 2B: METANOIA ENTERED INTO AN AGREEMENT WITH THE LOWCOUNTRY ALLIANCE FOR MODEL COMMUNITIES IN 2016. UNDER THIS AGREEMENT, THE CITY OF NORTH CHARLESTON TRANSFERRED $860,000 TO METANOIA FOR SERVICES. THE FUNDS ARE REQUIRED TO BE KEPT IN A SEPARATE ACCOUNT. METANOIA WILL WORK WITH TARGETED NEIGHBORHOODS TO DEVELOP AFFORDABLE HOUSING UNITS THAT WILL BE FINANCED WITH THESE FUNDS. THESE FUNDS ARE TO BE SPENT ACCORDING TO THE AGREEMENT. METANOIA WILL WORK WITH TARGETED COMMUNITIES IN NORTH CHARLESTON TO IDENTIFY POTENTIAL PROJECTS FOR NEW AND RENOVATED HOUSING. METANOIA WILL DEVELOP AS MANY HOMEOWNERSHIP UNITS AS THE CURRENT MARKET FOR SUCH CAN HOLD AND THE AGREEMENT ALLOWS FOR DEVELOPMENT OF AFFORDABLE RENTAL HOUSING AS WELL. THE MONEY TRANSFERRED TO A REVOLVING ACCOUNT FOR SHORT TERM (36 MONTHS PER PROJECT) ACQUISITION AND CONSTRUCTION FINANCING OF IDENTIFIED PROPERTIES. AFTER 36 MONTHS OR ONCE THAT PROJECT IS COMPLETE, WHICHEVER IS SOONER, METANOIA WILL FIND LONG TERM FINANCING FOR THESE PROPERTIES. NO MORE THAN 10% OF A UNIT'S FINANCING FROM THE FUNDS OUTLINED IN THE MOU MAY BE LEFT IN AN INDIVIDUAL UNIT FOR LONG TERM FINANCING. ALL HOMEOWNERS OR RENTERS SERVED BY THIS GRANT MUST HAVE HOUSEHOLD INCOMES AT OR BELOW 120% OF AREA MEDIAN INCOME ("AMI") ADJUSTED FOR FAMILY SIZE. HOUSING PROJECTS UNDER THIS AGREEMENT WILL OPERATE WITHIN THE SCOPE OF THE COMMUNITY MASTER PLAN FACILITATED BY THE LAMC AND ADOPTED BY THE CITY OF NORTH CHARLESTON. PART X, LINE 2: METANOIA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, METANOIA QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT EVALUATED METANOIA'S TAX POSITIONS AND CONCLUDED THAT METANOIA HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2024, AND 2023. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. METANOIA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 COMMUNITY FIRST LAND TRUST 8750 STE J-163 RIVERS AVENUE NORTH CHARLESTON SC 29406 813879587 501(C)(3) 0 80000 FMV LAND AT 1904 AND 1906 REDWOOD CONSTRUCTION OF AFFORDABLE HOMES. 1 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WILL BE SENT VIA EMAIL TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY APPLIES TO ALL MEMBERS OF THE BOARD AND EMPLOYEES. BOARD MEMBERS AND EMPLOYEES HAVE AN OBLIGATION TO DISCLOSE REAL AND APPARENT OR PERCEIVED CONFLICTS OF INTEREST TO THE BOARD OF DIRECTORS AND CEO. THE CHAIRPERSON OF THE BOARD WILL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF THE CONFLICT INVOLVING THE BOD, ANY BOARD COMMITTEE MEMBER, OR THE CEO AND ANY MEMBER OF THE SENIOR LEADERSHIP TEAM. THE CEO WILL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING EMPLOYEES BELOW THE SENIOR MANAGEMENT LEVEL, SUBJECT TO THE APPROVAL OF THE BOD. THOSE DETERMINED TO HAVE A CONFLICT WILL ABSTAIN FROM PARTICIPATING IN, DISCUSSING, OR VOTING ON THE ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPOINTS A COMMITTEE TO REVIEW THE CEO COMPENSATION PACKAGE AND INDEPENDENTLY COMPARES THIS PACKAGE TO THAT OF LIKE ORGANIZATIONS. THE CEO IS RESPONSIBLE FOR EVALUATION OF COMPENSATION FOR ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. OLD CHICORA LANDLORD LLC 2005 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 843739290 OWNER OF THE OLD CHICORA SCHOOL SC 226453 226453 METANOIA OLD CHICORA SPONSOR HOLDINGS LLC 2005 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 844207346 INVESTMENT IN BUSINESS AND REAL ESTATE IN LOW INCOME COMMUNITIES. SC 0 0 METANOIA OLD CHICORA ENTERPRISES LLC 2005 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 843797045 INVESTMENT IN BUSINESS AND REAL ESTATE IN LOW INCOME COMMUNITIES. SC 0 0 METANOIA METANOIA OLD CHICORA SPONSOR ML LLC 2005 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 843733986 INVESTMENT IN BUSINESS AND REAL ESTATE IN LOW INCOME COMMUNITIES. SC 0 0 METANOIA