Community Chest Of The Town Of Mount Carmel Inc is located in Mt Carmel, TN. The organization was established in 1982. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Chest Of The Town Of Mount Carmel 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 12/2022, Community Chest Of The Town Of Mount Carmel Inc generated $9.9k 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 (9.9%) each year. All expenses for the organization totaled $6.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE ESSENTIAL SERVICES PAYMENTS AND ASSISTANCE TO RESIDENTS THESE INCLUDE UTILITIES AND RENT, AS WELL AS FOOD . THERE WERE APPROXIMATELY 70 FAMILIES THAT RECEIVED HELP WITH MONTHLY UTILITIES, PROPERTY TAXES AND HEALTH NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Jennings President | 2 | $0 | |
Lawrence Herman Vice Pres | 2 | $0 | |
Tina Marshall Secretary | 2 | $0 | |
James Vanburen Treasurer | 2 | $0 | |
Ramona Adams Director | 2 | $0 | |
Leotta Bennett Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,858 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $9,858 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $365 |
Total expenses | $6,806 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,525 |
Other assets | $0 |
Total assets | $13,525 |
Total liabilities | $0 |
Net assets or fund balances | $13,525 |