Mountain Air Community Fund Inc

Organization Overview

Mountain Air Community Fund Inc is located in Burnsville, NC. The organization was established in 1999. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Air Community Fund 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 12/2023, Mountain Air Community Fund Inc generated $202.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $191.2k during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 5 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.

Since 2023, Mountain Air Community Fund Inc has awarded 14 individual grants totaling $133,666. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT ORGANIZATIONS WITH PROGRAMS TARGETING HEALTH AND ECONOMIC DEVELOPMENT, EDUCATION, LITERACY, THE ARTS AND FAMILY ISSUES THAT BENEFIT RESIDENTS OF YANCEY COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MOUNTAIN AIR COMMUNITY FUND (MACF) IS A GRANT-BASED FUND THAT RAISES MONEY EACH YEAR TO HELP THE PEOPLE OF YANCEY COUNTY. THANKS TO OUR COMMUNITYS GENEROUS GIVING, MACF HAS PROVIDED INVALUABLE ASSISTANCE TO NUMEROUS LESS FORTUNATE NEIGHBORS IN YANCEY COUNTY. THROUGH GRANTS EXCEEDING $1,200,000 WEVE SUPPORTED MORE THAN 40 LOCAL CHARITABLE ORGANIZATIONS SINCE 2016. MACF HAS SELECTED FOUR IMPORTANT PILLARS AS OUR FOCUS FOR 2024 AND BEYOND, IN HOPES OF GROWING GRANT FUNDS TO MAKE AN EVEN MORE LASTING IMPACT ON OUR NEIGHBORS IN NEED. THE FOUR PILLARS INCLUDE: FOOD INSECURITY, EDUCATION AND THE ARTS, CHILD AND FAMILY WELFARE AND MEDICAL AND HEALTHCARE.


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Board, Officers & Key Employees

Name (title)Compensation
Sallie Bailey
President
$0
Diana Richter
Secretary
$0
Suzanne Zapfel
Treasurer
$0
James Mccann
Member
$0
Tom Valore
Member
$0
Jeanette Valore
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,500
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$182,124
Noncash contributions included in lines 1a–1f $61,402
Total Revenue from Contributions, Gifts, Grants & Similar$185,624
Total Program Service Revenue$0
Investment income $3,043
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $13,907
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $202,574

Grants Awarded

Over the last fiscal year, Mountain Air Community Fund Inc has awarded $133,666 in support to 14 organizations.

Grant RecipientAmount

APP STATEPARENT TO PARENT

PURPOSE: Programming

$7,181

BOY SCOUTS - TROOP 502

PURPOSE: Programming

$6,000

DIG IN YANCEY COMMUNITY GARDEN

PURPOSE: Programming

$17,500

ECU DENTAL SCHOOL

PURPOSE: Programming

$7,000

FEED-A-CHILD YANCEY

PURPOSE: Programming

$8,000

MITCHELL-YANCEY HABITAT FOR HUMANITY

PURPOSE: Programming

$6,000
View Grant Profile

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