Organizations Filed Purposes:
TO ENHANCE COMMUNITIES AND IMPROVE LIVES THROUGH DIVERSE HOUSING AND ECONOMIC DEVELOPMENT SOLUTIONS. MOSAIC BELIEVES THAT HIGH QUALITY HOUSING FOR A VARIETY OF INCOMES IS A CATALYST FOR VIBRANT, HEALTHY COMMUNITIES. THEIR VISION IS THAT EVERYONE HAS ACCESS TO HIGH QUALITY HOUSING, IN THRIVING COMMUNITIES THAT OFFER A VARIETY OF JOBS AND SERVICES.
MOSAIC COMPLETED CONSTRUCTION AND FULLY LEASED MAGNOLIA, 82 UNITS OF AFFORDABLE HOUSING FOR SENIORS IN CHARLOTTE, NC IN 2019 AND COMPLETED CONSTRUCTION OF 58 UNITS OF AFFORDABLE HOUSING FOR SENIORS IN GASTONIA, NC IN DECEMBER 2019 AND WAS FULLY LEASED TO QUALIFIED TENANTS AS OF FEBRUARY 29, 2020. MOSAIC CLOSED FINANCING AND BEGAN CONSTRUCTION IN 2019 ON TWO CHARLOTTE, NC PROPERTIES - BINGHAM PARK, 60 AFFORDABLE UNITS FOR SENIORS AND EVOKE LIVING AT SUGAR CREEK, 180 AFFORDABLE UNITS FOR FAMILIES. MOSAIC WAS AWARDED 2 ADDITIONAL AFFORDABLE HOUSING PROJECTS IN JULY 2019 INCLUDING CAROLINA AVENUE, A NEW CONSTRUCTION WITH 82 AFFORDABLE FAMILY UNITS IN NEW BERN, NC AND FOR REHABILITATION OF ELM GREEN IN NEWPORT, NC, A 48 UNIT FAMILY PROJECT IN THE MOSAIC PORTFOLIO. MOSAIC HOLDS BOTH DIRECT AND INDIRECT GENERAL PARTNER INTERESTS AND EXERCISES SIGNIFICANT INFLUENCE OVER OPERATIONAL AND DEVELOPMENT ACTIVITIES.
MOSAIC WHOLLY OWNS THE INTERESTS IN KINGS MILL, LLC, APPLE TREE OF SANFORD, LLC, AND ELM GREEN APARTMENTS, LLC WHICH ARE APARTMENT COMPLEXES FOR LOW AND MODERATE INCOME INDIVIDUALS PURSUANT TO SECTION 42 OF THE INTERNAL REVENUE CODE OF 1986 WHICH PROVIDE LOW-INCOME HOUSING TAX CREDITS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Kathleen O Stilwell | EXECUTIVE DIRECTOR | 50 | $132,854 |
| Matt Giddens | BOARD MEMBER | 1 | $0 |
| Cari Jones | BOARD MEMBER | 1 | $0 |
| Mary Reca Todd | BOARD MEMBER | 1 | $0 |
| Sheryl Fortune | BOARD MEMBER | 1 | $0 |
| David Gitlin | BOARD MEMBER | 1 | $0 |
| Kory Jeter | BOARD MEMBER | 1 | $0 |
| Stan Wilson | BOARD MEMBER | 1 | $0 |
| Willie Dixon | BOARD MEMBER | 1 | $0 |
| Tom Barry | BOARD TREASURER | 1 | $0 |
| Helen Mcinnis | BOARD SECRETARY | 1 | $0 |
| Kim Graham | BOARD VICE CHAIR | 1 | $0 |
| Harold Barnes | BOARD CHAIR | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202033189349310768_public.xml