Form 990 for tax year 2024

What the amendment changed

Compared with the latest return for 2024 , filed 3 February 2026. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue

$620,856 →changed to $620,655

Total expenses

$587,107 →changed to $617,607

Contributions and grants received

$592,498 →changed to $599,947

Grants paid

$577,550 →changed to $608,050

Investment income

$15,829 →changed to $8,380

Other revenue

$12,529 →changed to $12,328

Total assets, end of year

$40,879 →changed to $10,599

Net assets or fund balances, end of year

$40,879 →changed to $10,599

Program services expenses

$583,020 →changed to $613,520

Program service expenses (Part III)

$583,020 →changed to $613,520

Totals

Total revenue

$620,856

Total expenses

$587,107

Contributions and grants received

$592,498

Grants paid

$577,550

Program service revenue

$0

Investment income

$15,829

Other revenue

$12,529

Total assets, end of year

$40,879

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$40,879

Program services expenses (Part IX)

$583,020

Management and general expenses

$4,087

Fundraising expenses

$0

Program service expenses (Part III)

$583,020

Program services were 99.3% 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.

Mission and programs · 2024

• The Walnut Cove Members Association (WCMA) consists of the Cliffs at Walnut Cove property owners who are interested in supporting local nonprofit charities and join the organization through annual tax-deductible membership dues. The WCMA is a 501(c)(3) nonprofit that raises money through annual dues, other member and corporate donations, and the annual "Weekend of Giving" which traditionally includes a golf tournament and other fundraising events. At the end of each year, these funds are distributed to a variety of local charitable organizations based on recommendations submitted by the grant committee to the board of directors. Any WCMA member actively involved in a charity which meets the stated guidelines is encouraged to submit a grant request.The WCMA is made up entirely of unpaid volunteers committed to making sure all available funds go directly to reputable local charities while incurring minimal overhead and administrative expense. Historically 98% of all net fundraising revenue has gone directly to charity. Membership in the WCMA serves a dual purpose. Not only is the organization helping those in need within the Western North Carolina community, but we are also supporting friends and neighbors who are committed to volunteering for worthwhile causes. Since its 2007 inception, the WCMA has awarded more than 440 grants, totaling over $4,100,000 to a diverse range of nonprofits in Western North Carolin. WCMA began with just 56 members but of the past few years has grown to mor that 450 members, many of whom are active volunteers. WCMA's service to the community, along with its generous donations, has made Walnut Cove a valued and respected part of the Western North Carolina region.

  Expenses $583,020 · Grants $577,550

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

Listed in Part VII

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.

Grants on this return

• Various organizations 5000 or less

  $28,549

  Human services

• ABCCM

  $25,000

  Human services

• ASAP

  $25,000

  Natural and cultural

• Asheville Poverty Initiative

  $25,000

  Human services

• Bounty and Soul

  $25,000

  Human services

• Calvary Episcopal Church Food Pantry

  $25,000

  Human services

• Church of Advocate (Red Door Ministry)

  $25,000

  Human services

• Eblen Charities

  $25,000

  Human services

• Food Connection

  $25,000

  Human services

• Haywood Street Congregation

  $25,000

  Human services

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2024

Filed

6 June 2025

IRS schema version

2024v5.1

Source object

202511629349301821

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.