COMMUNITY BUILDERS OF KANSAS CITY
4001 BLUE PKWY STE 301 NO 301, KANSAS CITY, MO 641302350 www.cb-kc.org

Total Revenue
$4,961,480
Total Expenses
$6,332,411
Net Assets
$24,923,267

Organizations Filed Purposes: CBKC IS RECOGNIZED BOTH REGIONALLY AND NATIONALLY FOR ITS INNOVATIVE AND HOLISTIC APPROACH TO COMMUNITY DEVELOPMENT PROJECTS, CIVIC INVESTMENT AND BUILDING INFRASTRUCTURE. CBKC'S SUCCESSFUL MODEL OF REDEVELOPMENT HAS PRODUCED MEASURABLE ECONOMIC RESULTS. BECAUSE OF CBKC'S EXPERTISE IN DEVELOPING PARTNERSHIPS FOR LOW INCOME HOUSING. CBKC IS ABLE TO LEVERAGE RESOURCES TO PROVIDE UNIQUE SOLUTIONS AND CREATE OPPORTUNITIES FOR PHYSICAL, SOCIAL AND ECONOMIC GROWTH. CBKC HAS DELIVERED MORE THAN $225 MILLION OF COMMUNITY AND DEVELOPMENT INITIATIVES, INCLUSIVE OF MORE THAN 650 UNITS OF AFFORDABLE HOUSING.

COMMUNITY BUILDERS OF KANSAS CITY (CBKC) MISSION IS TO CHANGE THE LANDSCAPE BY IGNITING AND FUELING EQUITY, ACCESS, OPPORTUNITY AND ADVOCACY.

TO DATE, THE MOUNT CLEVELAND REDEVELOPMENT INITIATIVE HAS GENERATED A SUBSTANCE ABUSE TREATMENT CENTER; A 143,000 SQUARE FOOT FEDERALLY QUALIFIED HEALTH CENTER; A CHILD AND FAMILY DEVELOPMENT CENTER; EXPANDED OFFICE SPACE; RETAIL SERVICES AND 80 UNITS OF AFFORDABLE, VERY ATTRACTIVE DUPLEXES AND TOWNHOUSES ALL AS PART OF THE MOUNT CLEVELAND REDEVELOPMENT INITIATIVE. IT IS CLEAR THAT THE MOUNT CLEVELAND INITIATIVE CONTINUES TO SPUR THE REVITALIZATION OF THE URBAN CORE.CBKC CURRENTLY IS UNDERTAKING AN INITIATIVE TO IMPROVE THE BRUSH CREEK CORRIDOR BY DEVELOPING A 60,000/250,000 SQUARE FOOT CAMPUS LOCATED IN AN OPPORTUNITY ZONE. WITH AN INITIAL INVESTMENT OF $20 MILLION AND A PROJECTED BUILT OUT CAMPUS OF $70 - $90 MILLION COMPOSED OF COMMERCIAL/MIXED USE PROPERTIES. THE INITIATIVE WILL TARGET AS TENANTS NON PROFIT ORGANIZATIONS, FOUNDATIONS AND PUBLIC SECTOR BUSINESSES THAT PROVIDE SERVICES AND EMPLOYMENT OPPORTUNITES FOR THE URBAN CORE.

CBKC IS RESPONSIBLE FOR THE OVERSIGHT AND OPERATION OF NEARLY 650 UNITS OF SUBSIDIZED, AFFORDABLE, MULTI-FAMILY RENTAL HOUSING. THE DEMOGRAPHIC OF A SINGLE PARENT WITH CHILDREN COMPRISES 80% OF THE HOUSEHOLDS AT 8 OF THE 10 MULTI-FAMILY PROPERTIES. THE UNITS ACCOMMODATE THE NEEDS OF LOW TO MODERATELY LOW INCOME RESIDENTS. ONE OF THE MULTI-FAMILY PROPERTIES ACCOMMODATES THE NEEDS OF LOW TO MODERATE INCOME SENIORS. ANOTHER PROJECT SERVES THOSE WITH SPECIAL NEEDS. OCCUPANCY LEVELS AT THE 10 MULTI-FAMILY PROPERTIES WERE GENERALLY MAINTAINED AT OR ABOVE 90% FOR 2019. CBKC'S RENTAL HOUSING HAS CONSISTENTLY RECEIVED ABOVE AVERAGE RATINGS FROM THE MISSOURI HOUSING DEVELOPMENT COMMISSION. DURING 2019 CBKC UNDERTOOK THE INITIAL PLANNING FOR AN ADDITIONAL 64 UNITS OF RESIDENTIAL HOUSING.

CBKC ALSO OWNS AND MAINTAINS A SHOPPING CENTER LOCATED IN AN AREA OF THE CITY OF KANSAS CITY WHICH HAD NO GROCERY STORE OR OTHER SERVICES FOR THE COMMUNITY. CBKC MAINTAINED THE SHOPPING CENTER OCCUPANCY AT APPROXIMATELY NINETY PERCENT (90%) AND THUS MAINTAINED SERVICES PROVIDED TO THE COMMUNITY DURING 2019. TODAY THE SHOPPING CENTER SERVES OVER 200,000 UNDERSERVED PEOPLE IN THE URBAN CORE. CBKC HAS CONTINUED WORKING ON CONTAINING OPERATING EXPENSES IN ORDER TO ATTRACT DESIRABLE TENANTS. CBKC ALSO OWNS AND MANAGES 85,000 SQUARE FEET OF OFFICE SPACE. CBKC HAS LEASED OFFICE SPACE TO A SIGNIFICANT NUMBER OF NOT FOR PROFITS THAT PROVIDE SERVICES TO THE SURROUNDING UNDER SERVED COMMUNITY. DURING 2019 CBKC TOOK THE INITIAL INITIATIVE TO AQUIRE AND DEVELOP COMMERCIAL PROPERTY ON AN ELEVEN ACRE BLIGHTED AND DISTRESSED AREA OF THE BRUSH CREEK CORRIDOR IN KANSAS CITY, MISSOURI TO IMPROVE AN UNDER SERVED COMMUNITY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mohamed ChaudryCEO (THRU 5/19)40$210,819
Emmet PiersonCEO40$102,560
Robert PearsonCFO (THRU 6/19)40$86,638
Stephen WeatherfordCFO40$55,773
Sherita WilliamsBOARD MEMBER1$0
Dr Philip OlsonBOARD MEMBER (THRU 3/19)1$0
Becky ForrestBOARD MEMBER (THRU 3/19)1$0
Stan ArchieBOARD MEMBER1$0
Senator Yvonne WilsonBOARD CHAIR (THRU 6/19)1$0
James NicholsBOARD TREASURER (THRU 2/19)1$0
Carol GrimaldiSECRETARY1$0
Eric BurtinBOARD TREASURER1$0
Ken BacchusBOARD CHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023029349301202_public.xml