Waccamaw Housing Inc
- Assets
- $770.2k
- Revenue
- $80.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 09/1992
- Data as of
- 06/2020
- EIN
- 57-0930695
Organization Overview
Waccamaw Housing Inc is located in Myrtle Beach, SC. The organization was established in 1992. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waccamaw Housing 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, Waccamaw Housing Inc generated $80.2k 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 (23.3%) each year. All expenses for the organization totaled $156.1k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (15.4%) 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
PROVIDE HOUSING FOR CHRONICALLY MENTALLY ILL HOMELESS PERSONS WHO ARE UNDER TREATMENT BY THE SOUTH CAROLINA DEPARTMENT OF MENTAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING FOR THE CHRONICALLY MENTALLY ILL HOMELESS PERSONS WHO ARE UNDER TREATMENT BY SOUTH CAROLINA DEPARTMENT OF MENTAL HEALTH
PROVIDE HOUSING FOR THE CHRONICALLY MENTALLY ILL HOMELESS PERSONS WHO ARE UNDER TREATMENT BY SOUTH CAROLINA DEPARTMENT OF MENTAL HEALTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Murry G Chesson President | OfficerTrustee | 10 | $0 |
John Coffin Treasurer | OfficerTrustee | 10 | $0 |
Robin Gause Director | Trustee | 10 | $0 |
Percy Kelly Director | Trustee | 10 | $0 |
Kenneth Smith Director | Trustee | 10 | $0 |
Adelaide Proctor Program Coordinator | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $135 |
| 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 | $80,175 |
| 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 | $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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,095 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $39,317 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $156,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,972 |
| 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 | $15,793 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $305 |
| Total assets | $770,190 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $58,650 |
| Total liabilities | $58,650 |
| 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 | $272,847 |
| Total liabilities and net assets/fund balances | $711,540 |
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|---|---|---|
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Crossnore Communities For Children Crossnore, NC | $41,820,872 | $36,255,249 |
B & D Integrated Health Services Durham, NC | $4,788,708 | $11,835,093 |
Cooperriis Inc Mill Spring, NC | $12,718,463 | $13,153,723 |
Residential Services Inc Chapel Hill, NC | $17,802,150 | $11,666,621 |
Elks Aidmore Inc Conyers, GA | $5,741,804 | $7,665,185 |
Eagle Ranch Inc Flowery Branch, GA | $10,349,544 | $13,429,536 |
Windwood Farm Home For Children Inc Awendaw, SC | $3,619,044 | $4,525,186 |
Haven House Inc Raleigh, NC | $5,715,124 | $5,832,556 |
Cape Fear Group Homes Inc Wilmington, NC | $2,301,518 | $3,782,504 |
Autism Services Inc Raleigh, NC | $1,061,929 | $3,647,735 |
Residential Treatment Services Of Alamance Inc Burlington, NC | $2,118,828 | $1,771,338 |