Greater Hickory Cooperative Christian Ministry
- Assets
- $4.7m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 44
- Location
- Hickory, NC
- Founding
- 07/2003
- Data as of
- 12/2023
- EIN
- 56-0934855
Organization Overview
Greater Hickory Cooperative Christian Ministry is located in Hickory, NC. The organization was established in 2003. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Greater Hickory Cooperative Christian Ministry employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Hickory Cooperative Christian Ministry 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 12/2023, Greater Hickory Cooperative Christian Ministry generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CRISIS ASSISTANCE TO THOSE IN NEED THROUGH THE FOLLOWING PROGRAMS: FOOD PANTRY, FINANCIAL ASSISTANCE, HEALTHCARE CENTER, AND THRIFT STORE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A FOOD PANTRY AND ASSIST NEEDY INDIVIDUALS IN PAYING RENT AND UTILITY EXPENSES
WHOLE LIFE CENTER IS A HOLISTIC CENTER FOR NEXT STEP SERVICES TO ASSIST OUR NEIGHBORS TO GAIN INDEPENDENCE FROM THE POVERTY CYCLE.
PROVIDE MEDICAL CARE PHARMACEUTICALS TO THOSE IN NEED
MACC-LINKING UNINSURED ELIGIBLE PATIENTS WITH PRIMARY CARE PHYSICIANS WHO HAVE AGREED TO PROVIDE CARE FOR PATIENTS WITH CHRONIC CARE CONDITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Appenzeller Member | Trustee | 2 | $0 |
Naomi East Member | Trustee | 2 | $0 |
Jeff Gniadek Member | Trustee | 2 | $0 |
Fran Herfurth Member | Trustee | 2 | $0 |
Lori Alala Member | Trustee | 2 | $0 |
Jennifer Forrester Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $143,259 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,132,132 |
| Noncash contributions included in lines 1a–1f | $1,069,609 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,275,391 |
| Total Program Service Revenue | $104,794 |
| Investment income | $27,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,302,157 |
| Net Income from Fundraising Events | $4,389 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$60,114 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,661,480 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,795,107 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,484 |
| Compensation of current officers, directors, key employees. | $68,484 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $588,932 |
| Pension plan accruals and contributions | $3,178 |
| Other employee benefits | $99,468 |
| Payroll taxes | $56,688 |
| 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 | $1,789 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,806 |
| Office expenses | $16,321 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,168 |
| 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 | $47,775 |
| Insurance | $21,448 |
| All other expenses | $68,911 |
| Total functional expenses | $2,946,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,541 |
| Savings and temporary cash investments | $843,861 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,829,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $972,331 |
| Prepaid expenses and deferred charges | $5,299 |
| Net Land, buildings, and equipment | $361,410 |
| Investments—publicly traded securities | $180,341 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $370,810 |
| Total assets | $4,741,900 |
| Accounts payable and accrued expenses | $85,849 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $371,307 |
| Other liabilities | $0 |
| Total liabilities | $457,156 |
| Net assets without donor restrictions | $4,200,209 |
| Net assets with donor restrictions | $84,535 |
| 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 | $4,741,900 |