Cooperative Christian Ministry 
The information on this page was last updated 4/22/2026. If you see errors or omissions, please email: [email protected]
Summary
Cooperative Christian Ministry serves Cabarrus and Southern Rowan counties through programs that move people from crisis to restoration.
Relieving hunger and food insecurity
Keeping families together in their home
Addressing homelessness and housing crisis
Teaching perseverance and restoring hope among struggling families in our community.
Contact information
Mailing address:
Cooperative Christian Ministry
PO Box 1717
Concord, NC 28026-1717
Website: cooperativeministry.com
Phone: 704-786-4709
Email: [email protected]
Organization details
EIN: 561320818
CEO/President: Ed Hosack
Chairman: Doug Stafford
Board size: 18
Founder:
Ruling year: 1982
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
o demonstrate God's love through a network of resources that encourages individuals of every age to acknowledge their gifts and discover the purpose and fulfillment that God intends for their life.
Mission statement
To provide immediate assistance to members of our community who are experiencing crisis in the areas of food, housing, or finances while engaging them in a series of actions that will empower them to move beyond crisis.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 867 of 1435 | 80 of 148 |
| Fund acquisition rating | | 958 of 1435 | 90 of 148 |
| Resource allocation rating | | 173 of 1435 | 29 of 148 |
| Asset utilization rating | | 1286 of 1436 | 131 of 148 |
According to the organization's Form 990, it received $59,192 in government grants in 2025.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 7% | 3% | 3% | 4% | 17% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 6% | 3% | 3% | 4% | 16% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 79% | 93% | 100% | 100% | 95% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 6% | 6% | 6% | 5% | 16% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 21% | 7% | 0% | 0% | 5% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 92% | 91% | 91% | 93% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 92% | 40% | 54% | 90% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 85% | 36% | 49% | 84% | 81% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 8% | 60% | 46% | 10% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 3% | 52% | 54% | 19% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 2% | 2% | 3% | 2% | 2% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.02 | 0.36 | 0.29 | 0.62 | 1.78 | 1.44 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.89 | 3.06 | 2.45 | 3.38 | 2.00 | 1.82 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.14 | 1.12 | 0.71 | 2.11 | 3.57 | 2.62 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.56 | 6.33 | 6.52 | 46.68 | 34.36 | 20.85 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.16 | 0.15 | 0.02 | 0.03 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.79 | 9.06 | 14.34 | 5.56 | 3.27 | 4.35 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 10% | 16% | 1% | 2% | 5% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 5% | 9% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 77% | 246% | 291% | 159% | 55% | 66% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $2,937,243 | $3,385,406 | $1,364,885 | $1,210,854 | $893,759 |
| Receivables, inventories, prepaids | $3,835,671 | $5,271,902 | $1,133,679 | $706,384 | $908,217 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $6,772,914 | $8,657,308 | $2,498,564 | $1,917,238 | $1,801,976 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $12,995,631 | $11,631,977 | $5,146,457 | $1,174,307 | $673,932 |
| Other long-term assets | $976,299 | $896,641 | $806,454 | $740,488 | $812,400 |
| Total long-term assets | $13,971,930 | $12,528,618 | $5,952,911 | $1,914,795 | $1,486,332 |
| Total assets | $20,744,844 | $21,185,926 | $8,451,475 | $3,832,033 | $3,288,308 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $61,069 | $275,918 | $53,528 | $55,794 | $86,420 |
| Other current liabilities | $1,008,810 | $1,050,962 | $0 | $0 | $0 |
| Total current liabilities | $1,069,879 | $1,326,880 | $53,528 | $55,794 | $86,420 |
| Debt | $1,000,000 | $2,000,000 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $104,689 | $14,596 | $18,469 | $21,527 | $91,767 |
| Total long-term liabilities | $1,104,689 | $2,014,596 | $18,469 | $21,527 | $91,767 |
| Total liabilities | $2,174,568 | $3,341,476 | $71,997 | $77,321 | $178,187 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $14,868,377 | $11,465,994 | $7,275,526 | $2,509,384 | $2,161,630 |
| With donor restrictions | $3,701,899 | $6,378,456 | $1,103,952 | $1,245,328 | $948,491 |
| Net assets | $18,570,276 | $17,844,450 | $8,379,478 | $3,754,712 | $3,110,121 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $6,490,250 | $14,451,373 | $9,842,617 | $7,588,996 | $4,506,171 |
| Program service revenue | $1,510,592 | $810,924 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $12,080 | $6 | $5,338 |
| Other revenue | $189,038 | $225,113 | ($33,115) | ($23,003) | $255,805 |
| Total other revenue | $1,699,630 | $1,036,037 | ($21,035) | ($22,997) | $261,143 |
| Total revenue | $8,189,880 | $15,487,410 | $9,821,582 | $7,565,999 | $4,767,314 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $6,956,234 | $5,611,495 | $4,812,454 | $6,381,962 | $3,872,905 |
| Management and general | $131,474 | $131,641 | $133,985 | $132,976 | $100,407 |
| Fundraising | $466,867 | $391,292 | $329,080 | $320,091 | $754,291 |
| Total expenses | $7,554,575 | $6,134,428 | $5,275,519 | $6,835,029 | $4,727,603 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $635,305 | $9,352,982 | $4,546,063 | $730,970 | $39,711 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $635,305 | $9,352,982 | $4,546,063 | $730,970 | $39,711 |
Compensation
| Name | Title | Compensation |
| Ed Hosack | Chief Executive | $112,349 |
Compensation data as of: 6/30/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/22/2026. To update the information below, please email: [email protected]
History
In 1981, seven Concord churches (All Saints Episcopal, Central United Methodist, Concord Associate Reformed Presbyterian, First Presbyterian, Forest Hill United Methodist, St. James Catholic, and St. James Lutheran) organized a steering committee to establish a crisis assistance ministry for Cabarrus County.
Later that year the doors of the Cabarrus Cooperative Christian Ministry opened with a handful of volunteers, and a fierce belief in the rightness of its mission. The small office provided financial assistance as well as canned food and clothing, and those in need were received with grace and compassion. As many as 3000 people received assistance during that first year.
Cooperative Christian Ministry has continued to grow each year. In 2018, over 1,500 volunteers delivered services to individuals for direct assistance in some manner of food, housing, or financial assistance through CCM.