Swannanoa Community Council Inc
- Assets
- $289.3k
- Revenue
- $162.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Swannanoa, NC
- Founding
- 07/1969
- Data as of
- 12/2021
- EIN
- 23-7027026
Organization Overview
Swannanoa Community Council Inc is located in Swannanoa, NC. The organization was established in 1969. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swannanoa Community Council Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Swannanoa Community Council Inc generated $162.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.9% each year . All expenses for the organization totaled $28.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SWANNANOA COMMUNITY COUNCIL OWNS AND MANAGES PROPERTIES IN THE GROVEMONT COMMUNITY OF SWANNANOA INCLUDING THE COMMUNITY CENTER BUILDING THAT HOUSES THE SWANNANOA LIBRARY, GROVEMENT PARK & PLAYGROUND, AND THE HISTORIC GROVEMONT SQUARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROOVIN' CONCERT SERIES-THREE FREE CONCERTS ATTENDED BY 200-300 MEMBERS OF THE PUBLIC. RECEIVED GIFT OF 2+/- ACRES OF PROPERTY TO DEVELOP INTO "FOX CREEK PARK" TO DEVELOP FOR PUBLIC USE AND ENJOYMENT AND NATURE PRESERVE. COMPLETED GROVEMONT PARK IMPROVEMENT PROJECTS INCLUDING: ADDITION OF ADA- ACCESSIBLE PICNIC TABLES, PAVED PATH CONNECTORS, RE-MULCHING PLAYGROUND AREAS WITH 100 CUBIC YARDS OF CERTIFIED PLAYGROUND MULCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Dye Chair | OfficerTrustee | 3 | $0 |
Sylvan Williams Vice-Chair | OfficerTrustee | 3 | $0 |
George Scott Treasurer | OfficerTrustee | 3 | $0 |
Beth Ballhausen Secretary | OfficerTrustee | 3 | $0 |
Peter Ballhausen Member | Trustee | 3 | $0 |
Robert Randolph Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,269 |
| Related organizations | $0 |
| Government grants | $12,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,058 |
| Noncash contributions included in lines 1a–1f | $88,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,327 |
| Total Program Service Revenue | $7,025 |
| Investment income | $5,123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $638 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $162,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $300 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $134 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,177 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,416 |
| Insurance | $4,029 |
| All other expenses | $0 |
| Total functional expenses | $28,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,648 |
| Savings and temporary cash investments | $22,424 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $178,925 |
| Investments—publicly traded securities | $63,287 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $289,284 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $7,350 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,350 |
| Net assets without donor restrictions | $281,934 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $289,284 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Swannanoa Community Council Inc has recieved totaling $21,000.
| Awarding Organization | Amount |
|---|---|
Cannon Foundation Inc Concord, NC PURPOSE: GROVEMONT PARK BOUNDED RUBBER PATHWAY | $20,000 |
The Hedrick Family Foundation Inc Salisbury, NC PURPOSE: CHARITABLE USE | $500 |
The Hedrick Family Foundation Inc Salisbury, NC PURPOSE: CHARITABLE USE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Organizing Inc Charlottesville, VA | $8,195,944 | $10,817,973 |
American Exceptionalism Institute Inc Arlington, VA | $932,684 | $8,055,400 |
Peterson Family Foundation Fairfax, VA | $10,465,952 | $6,659,097 |
Blueprint North Carolina Raleigh, NC | $4,476,634 | $4,156,783 |
Georgia Rural Water Association Incorporated Barnesville, GA | $3,435,226 | $4,117,604 |
North Carolina Rural Water Association Inc Welcome, NC | $3,212,310 | $3,286,739 |
Appalachian Sustainable Development Bristol, VA | $1,778,820 | $3,125,936 |
New Town Macon Inc Macon, GA | $28,447,383 | $5,896,499 |
Action Greensboro Greensboro, NC | $6,492,627 | $1,414,644 |
Fair Lines America Inc Alexandria, VA | $465,017 | $1,410,316 |
Consumer Action For A Strong Economy Inc Alexandria, VA | $303,059 | $1,453,575 |
Pinnacle Community Developmentcorporation Durham, NC | $331,555 | $1,232,408 |