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Metanoia

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200310400 ✦ North charleston, SC ✦ Designated as a 501(c)(3)

Overview

What is Metanoia?

Metanoia is a nonprofit organization based in North Charleston, South Carolina, with a focus on housing development. As a certified Community Housing Development Organization (CHDO), Metanoia provides repairs for homeowners with low fixed incomes, acquires and renovates vacant properties, and builds new homes for both affordable homeownership and rental opportunities. To combat gentrification, Metanoia also land banks properties for future affordable housing. With a mission rooted in faith, Metanoia invests in neighborhood assets, builds leaders, establishes quality housing, and fosters economic development to create strong communities. The organization currently employs 27 individuals.


Official website here: www.metanoiasc.org

Is Metanoia legitimate?

Metanoia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metanoia submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $193,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $522,560

For more financial information, click here


Official website here: www.metanoiasc.org

What is the mission statement of Metanoia?

Metanoia Community Development Corporation is a faith-based movement that invests in neighborhood assets to foster leadership, establish quality housing, and stimulate economic development. Their mission is to propel individuals forward into new relationships with God and each other, ultimately aiming to create strong communities. Metanoia operates as a non-profit housing developer, offering repairs for low-income homeowners, acquiring and renovating vacant properties, and building new homes for both affordable homeownership and rental opportunities. They also engage in land banking for future affordable housing and collaborate with local policy makers to ensure the creation of additional affordable housing in the region.


Official website here: www.metanoiasc.org

Who is the CEO of Metanoia?

Bill Stanfield is the Board Chair of Metanoia. The CEO's salary of Metanoia is $85,648 and their total compensation is $94,948.


Official website here: www.metanoiasc.org

What is the revenue of Metanoia?

Metanoia's revenue in 2022 was $5,043,478.


Official website here: www.metanoiasc.org

Who are the executives of Metanoia and what are their salaries?

The average compensation at Metanoia during 2022 was $26,539. There are 27 employees and 150 volunteers at Metanoia.

Here are 14 key members and their salaries (Metanoia's CEO's salary is $85,648 and their total compensation is $94,948):

    Bill Stanfield (Ceo)
  • Compensation: $85,648
  • Related: $0
  • Other: $9,300

    • Jamilla Harper (Coo)
  • Compensation: $73,544
  • Related: $0
  • Other: $5,927

    • Shawn Saulsberry (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monifa Ellington (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Stangon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Hudson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ayesha Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lane Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Larsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nelson Akwari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ida Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raynique Syas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.metanoiasc.org

    Where can I find the form 990 for Metanoia?

    The Metanoia’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.metanoiasc.org

    Learn more at the official website: www.metanoiasc.org

    Mission Statement of Metanoia

    Metanoia Community Development Corporation is a faith-driven movement that invests in neighborhood assets to foster strong communities. Their mission is centered around building leaders, establishing quality housing, and generating economic development. By pushing forward into new relationships with God and each other, Metanoia aims to create harmonious communities.

    At the heart of Metanoia's mission is their commitment to housing development. As a non-profit housing developer, they work in distressed communities where they also run leadership programs. In this capacity, they offer repairs to homeowners with low fixed incomes, renovate vacant properties, and build new homes for both affordable homeownership and rental opportunities. Metanoia is also engaged in land banking property for future affordable housing in communities at risk of gentrification. Additionally, they collaborate with local policy makers to ensure the creation of additional affordable housing in their region along a soon-to-be built bus rapid transit line.

    Impact

    This information is meant to be a general summary of Metanoia. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Metanoia's impact can be seen in the transformation of distressed communities through its focus on housing development and economic revitalization. By investing in neighborhood assets and building leaders within these communities, Metanoia is actively working to create strong and sustainable communities. The organization's efforts in providing affordable housing opportunities, renovating vacant properties, and advocating for policies that promote affordable housing demonstrate a commitment to combating issues such as gentrification and improving the quality of life for residents. Overall, Metanoia's work is helping to foster positive change and opportunity in North Charleston, SC, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $41,094
  • Program Service Revenue: $636,572
  • Gross Receipts: $5,097,123

    • Assets and Liabilities:
  • Total Assets: $13,453,712
  • Total Liabilities: $4,058,246
  • Net Assets: $9,395,466
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HOME SALES

    Revenue

    $330,000

    RENTAL INCOME

    Revenue

    $306,572

    Organization Details

    Founding Year

    2003

    Principal Officer

    Bill Stanfield

    Main Address

    2005 REYNOLDS AVENUE, NORTH CHARLESTON, SC, 29405

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Metanoia and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.