Velva Community Clinic Inc
- Assets
- $481.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Velva, ND
- Founding
- 11/2009
- Data as of
- 09/2022
- EIN
- 45-0366584
Organization Overview
Velva Community Clinic Inc is located in Velva, ND. The organization was established in 2009. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, 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. Velva Community Clinic Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Velva Community Clinic Inc generated $22.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $13.6k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
VELVA COMMUNITY CLINIC, INC. WAS FORMED TO PROMOTE THE HEALTH CARE OF PEOPLE IN THE VELVA, ND AREA. THEY WILL ACQUIRE REAL ESTATE AND EQUIPMENT WITHIN THE COMMUNITY TO RENT FACILITIES TO ORGANIZATIONS PROVIDING HEALTH CARE AT AFFORDABLE PRICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Haga Vice President | 1 | $0 | |
Colette Canavello Secretary | 1 | $0 | |
Linda Beall Treasurer | 1 | $0 | |
Cindy Shattuck Director | 1 | $0 | |
James J Olson President | 1 | $0 | |
Karl Keller Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $21,000 |
| Membership dues | $0 |
| Investment income | $1,239 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,239 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,155 |
| Occupancy, rent, utilities, and maintenance | $7,576 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,886 |
| Total expenses | $13,617 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $395,329 |
| Other assets | $0 |
| Total assets | $481,573 |
| Total liabilities | $0 |
| Net assets or fund balances | $481,573 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rural America Initiatives Rapid City, SD | $11,020,564 | $7,975,941 |
Western Organization Of Resource Billings, MT | $7,655,474 | $9,479,621 |
Community And Economic Development Associates Chatfield, MN | $1,658,001 | $2,830,781 |
Sharing Our Roots Northfield, MN | $1,750,092 | $967,957 |
Rural Electric Economic Development Inc Madison, SD | $44,957,084 | $2,458,763 |
South Eastern Development Foundation Sioux Falls, SD | $22,464,210 | $4,520,935 |
North Central Planning Council Devils Lake, ND | $2,034,561 | $1,088,900 |
Center For Rural Policy And Development Mankato, MN | $628,188 | $663,588 |
Big Ideas Inc New Ulm, MN | $77,922 | $540,880 |
Montana Cooperative Development Center Inc Great Falls, MT | $357,457 | $497,645 |
North Dakota Farmers Union Foundation Jamestown, ND | $258,278 | $297,826 |
Griggs-Steele Empowerment Zone Inc Finley, ND | $5,018,876 | $162,623 |