South River Development Corporation

Organization Overview

South River Development Corporation is located in Waynesboro, VA. The organization was established in 1998. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, South River Development Corporation employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South River Development Corporation 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, South River Development Corporation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 15.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPMENT AND MANAGEMENT OF SPECIAL NEEDS AND LOW INCOME HOUSING PROJECTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPMENT AND MANAGEMENT OF SPECIAL NEEDS AND LOW INCOME HOUSING PROJECTS


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Board, Officers & Key Employees

Name (title)Compensation
Maryann Maupin
President
$0
Dr Margaret Vanhuss
Vice President
$0
Tessa Fitzgerald
Secretary/treasurer
$0
Kimberly Byrd
Exec. VP
$0
David Bullock
Director
$0
Thomas Reider
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,724,640
Investment income $73
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,724,713

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