Council On Aging Of Cleveland County Inc
- Assets
- $2.4m
- Revenue
- $997.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Shelby, NC
- Founding
- 04/1980
- Data as of
- 06/2020
- EIN
- 56-1230516
Organization Overview
Council On Aging Of Cleveland County Inc is located in Shelby, NC. The organization was established in 1980. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Council On Aging Of Cleveland County Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council On Aging Of Cleveland County 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 06/2020, Council On Aging Of Cleveland County Inc generated $997.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
AGING SERVICES TO SENIOR CITIZENS, SENIOR CITIZEN CENTER OPERATIONS, SENIOR TRIPS, SENIOR HEALTH PROMOTIONS, NUTRITION PROGRAMS, EMERGENCY ASSISTANCE, AND NUMEROUS SENIOR ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER 19,000 SENIORS PARTICIPATE IN SENIOR CENTER ACTIVITIES, SENIOR NEWS CIRCULATES TO MORE THAN 7,000 MONTHLY. OVER 27,000 CONGREGATE AND HOME DELIVERED MEALS SERVED. SENIOR HOUSING PROVIDED TO 85 SENIORS OVER. OVER 1,000 SENIORS PROVIDED HEALTH, TRANSPORTATION, HOME REPAIRS, LEGAL, UTILITY, AND OTHER OUTREACH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnny Hutchins Director | Trustee | 2 | $0 |
Dick Strachan Director | Trustee | 2 | $0 |
Tom Neal Director | Trustee | 2 | $0 |
Gene Matheney Director | Trustee | 2 | $0 |
Jeff Ledford Director | Trustee | 2 | $0 |
Maj Joel Shores Jr Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $684,718 |
| Investment income | $3,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$7,227 |
| Net Gain/Loss on Asset Sales | $55,178 |
| Net Income from Fundraising Events | $19,533 |
| Net Income from Gaming Activities | $24,668 |
| Net Income from Sales of Inventory | $5,581 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $997,642 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $338,349 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $109,970 |
| Payroll taxes | $25,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,272 |
| Office expenses | $1,460 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,499 |
| Travel | $224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,144 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $108,194 |
| Insurance | $19,907 |
| All other expenses | $0 |
| Total functional expenses | $1,013,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,037 |
| Savings and temporary cash investments | $75,723 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,759 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,615 |
| Prepaid expenses and deferred charges | $10,716 |
| Investments—publicly traded securities | $2,881 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $148,134 |
| Total assets | $2,449,177 |
| Accounts payable and accrued expenses | $42,054 |
| 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 | $177,591 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $219,645 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,229,532 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Council On Aging Of Cleveland County Inc has recieved totaling $5,005.
| Awarding Organization | Amount |
|---|---|
Idex Foundation Northbrook, IL PURPOSE: WELFARE GRANT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mountain Empire Older Citizens Inc Big Stone Gap, VA | $8,808,055 | $17,898,946 |
Wellmont Wexford House Johnson City, TN | $11,769,586 | $11,612,147 |
Legacy Link Inc Oakwood, GA | $6,797,475 | $15,898,819 |
Appalachian Agency For Senior Citizens Cedar Bluff, VA | $13,226,617 | $17,944,269 |
The 60 Plus Association Inc Alexandria, VA | $451,230 | $11,797,770 |
Community Services For The Aging Inc Spartanburg, SC | $6,254,795 | $11,281,372 |
Aging Disability & Transit Services Of Rockingham County Reidsville, NC | $8,070,642 | $11,439,316 |
Senior Connections The Capital Area Agency On Aging Richmond, VA | $3,890,692 | $8,738,746 |
Senior Services Inc Winstonsalem, NC | $22,278,206 | $15,636,681 |
Senior Solutions Anderson, SC | $13,549,787 | $8,561,029 |
Resources For Seniors Raleigh, NC | $2,163,318 | $7,658,467 |
Middle Flint Council On Aging Inc Americus, GA | $21,707,476 | $7,638,632 |