Skip to content
Nonprofiteer
← HAYWOOD VOCATIONAL OPPORTUNITIES INC

Form 990 for tax year 2024

Filed by HAYWOOD VOCATIONAL OPPORTUNITIES INC.

Totals

Total revenue
$10,015,604
Total expenses
$11,192,295
Contributions and grants received
$169,679
Grants paid
$0
Program service revenue
$983,612
Investment income
$107,337
Other revenue
$8,754,976
Total assets, end of year
$14,425,955
Total liabilities, end of year
$2,684,453
Net assets or fund balances, end of year
$11,741,502
Program services expenses (Part IX)
$8,880,465
Management and general expenses
$2,311,830
Fundraising expenses
$0
Program service expenses (Part III)
$8,880,465

Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $169,679

  • 2a · Program service revenue: COMMUNITY ALTERNATIVES

    total $612,310 · related or exempt $612,310

  • 2b · Program service revenue: VOCATIONAL REHAB & SUPPORTIVE

    total $319,302 · related or exempt $319,302

  • 2c · Program service revenue: WORK FIRST PROGRAM

    total $52,000 · related or exempt $52,000

  • 3 · Investment income

    total $127,636 · excluded $127,636

  • 7a · Gross sales of assets other than inventory

    securities $1,710,920

  • 7b · Less cost or other basis and sales expenses

    securities $1,731,219

  • 7c · Gain or loss

    securities -$20,299

  • 7d · Net gain or loss

    total -$20,299 · excluded -$20,299

  • 10a · Gross sales of inventory

    $18,196,071

  • 10b · Cost of goods sold

    $9,460,645

  • 10c · Net income from sales of inventory

    total $8,735,426 · related or exempt $8,735,426

  • 11a · Other revenue: OTHER INCOME

    total $19,550 · excluded $19,550

  • 11e · Other revenue, total

    $19,550

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $281,690 · program services $211,268 · management and general $70,422

  • 7 · Other salaries and wages

    total $6,523,909 · program services $5,403,983 · management and general $1,119,926

  • 8 · Pension plan contributions

    total $251,404 · program services $208,700 · management and general $42,704

  • 9 · Other employee benefits

    total $718,908 · program services $571,709 · management and general $147,199

  • 10 · Payroll taxes

    total $508,664 · program services $423,422 · management and general $85,242

  • 11f · Fees: investment management

    total $7,906 · management and general $7,906

  • 11g · Fees: other

    total $104,638 · program services $11,417 · management and general $93,221

  • 12 · Advertising and promotion

    total $18,512 · program services $18,422 · management and general $90

  • 13 · Office expenses

    total $1,167,457 · program services $844,802 · management and general $322,655

  • 14 · Information technology

    total $115,321 · program services $40,362 · management and general $74,959

  • 16 · Occupancy

    total $441,427 · program services $282,624 · management and general $158,803

  • 17 · Travel

    total $73,994 · program services $59,709 · management and general $14,285

  • 20 · Interest

    total $80,365 · program services $48,219 · management and general $32,146

  • 22 · Depreciation, depletion and amortization

    total $575,468 · program services $458,273 · management and general $117,195

  • 23 · Insurance

    total $174,617 · program services $154,442 · management and general $20,175

  • 24a · Other expenses: CREDIT LOSSES

    total $142,462 · program services $142,462

  • 24b · Other expenses: MISCELLANEOUS

    total $5,553 · program services $651 · management and general $4,902

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $81,185 · end of year $10,702

  • 2 · Savings and temporary cash investments

    beginning of year $1,793,818 · end of year $1,200,559

  • 4 · Accounts receivable

    beginning of year $1,716,635 · end of year $1,510,689

  • 7 · Other notes and loans receivable

    beginning of year $36,719 · end of year $35,496

  • 8 · Inventories for sale or use

    beginning of year $2,836,105 · end of year $2,726,398

  • 9 · Prepaid expenses and deferred charges

    beginning of year $112,317 · end of year $120,108

  • 10a · Land, buildings and equipment: cost or other basis

    $15,946,490

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,615,684

  • 10c · Land, buildings and equipment, net

    beginning of year $7,516,246 · end of year $7,330,806

  • 11 · Investments: publicly traded securities

    beginning of year $1,663,940 · end of year $1,150,957

  • 14 · Intangible assets

    beginning of year $353,354 · end of year $199,615

  • 15 · Other assets

    beginning of year $220,727 · end of year $140,625

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,926,652 · end of year $1,270,382

  • 23 · Secured mortgages and notes payable

    beginning of year $1,233,384 · end of year $1,080,843

  • 25 · Other liabilities

    beginning of year $333,603 · end of year $333,228

  • 27 · Net assets without donor restrictions

    beginning of year $12,837,407 · end of year $11,741,502

Mission and programs · 2024

Mission

HVO IS A SOCIAL ENTERPRISE PROVIDING EMPLOYMENT IN MANUFACTURING AND SERVICES. WE EMPOWER ALL INDIVIDUALS WITH DISABILITIES THROUGH VOCATIONAL TRAINING AND COMMUNITY ENGAGEMENT, SUPPORTING THEIR JOURNEY TOWARD INDEPENDENCE AND SUCCESS.

  • HVO CREATES PATHWAYS TO INDEPENDENCE FOR INDIVIDUALS WITH DISABILITIES BY OFFERING VOCATIONAL TRAINING, COMPETITIVE EMPLOYMENT, AND SUPPORTIVE COMMUNITY INTEGRATION OPPORTUNITIES.

    Expenses $7,730,877 · Revenue $8,735,426

  • HVO OPERATES AN EMPLOYMENT AND TRAINING PROGRAMS THAT PREPARE INDIVIDUALS WITH DISABILITIES FOR SUCCESS IN THE WORKFORCE. THROUGH ON-THE-JOB TRAINING, COACHING, AND SKILSS DEVELOPMENT, PARTICIPANTS GAIN CONFIDENCE, EARN INCOME, AND ACHIEVE GREATER SELF-SUFFICIENCY. IN THE MOST RECENT YEAR, HVO PROVIDED VOCATIONAL SERVICES TO 172 INDIVIDUALS, HELPING 22 SECURE AND MAINTAIN EMPLOYMENT IN THE COMMUNITY. IN ADDITION TO VOCATIONAL TRAINING, HVO PARTNERS WITH LOCAL BUSINESSES AND COMMUNITY ORGANIZATIONS TO CREATE INCLUSIVE EMPLOYMENT OPPORTUNITIES. THESE PARTNERSHIPS NOT ONLY EXPAND JOB PLACEMENTS FOR INDIVIDUALS WITH DISABILITIES BUT ALSO STRENGTHEN THE LOCAL ECONOMY. HVO STAFF PROVIDE ONGOING SUPPORT TO EMPLOYERS AND EMPLOYEES, ENSURING LONG-TERM JOB SUCCESS AND WORKPLACE INTEGRATION.

    Expenses $1,149,588 · Revenue $983,612

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Susan Trahan

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Doug Burchfield

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Stamey

    SECRETARY

    Total calculated
    $56,703
    From this org
    $47,478
    From related orgs
    $0
    Other
    $9,225
    Hours/week
    40

  • Peter Briggs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wendolyn Forbes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cyrena Goodwin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robbie Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rhonda Schandevel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Holland

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    1

  • Audrey Gaddis

    PRESIDENT TH

    Total calculated
    $138,197
    From this org
    $125,627
    From related orgs
    $0
    Other
    $12,570
    Hours/week
    40

  • Scott Stevens

    TREASURER TH

    Total calculated
    $91,425
    From this org
    $82,651
    From related orgs
    $0
    Other
    $8,774
    Hours/week
    40

  • David Angel

    PRESIDENT

    Total calculated
    $52,068
    From this org
    $52,068
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tiffany Singleton

    TREASURER/CO

    Total calculated
    $0
    Hours/week
    40

  • Melvin Mayberry

    PLANT MANAGE

    Total calculated
    $158,373
    From this org
    $145,263
    From related orgs
    $0
    Other
    $13,110
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,263
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,981
    Nontaxable benefits
    $5,129
    Filer's total
    $158,373

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2024
Filed
16 January 2026
IRS schema version
2024v5.0
Source object
202630199349300213

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.