Form 990 for tax year 2022
Filed by SOTERIA WORLD OUTREACH MINISTRIES INC.
Totals
- Total revenue
- $1,415,809
- Total expenses
- $774,094
- Contributions and grants received
- $960,478
- Grants paid
- $0
- Program service revenue
- $314,474
- Investment income
- $761
- Other revenue
- $140,096
- Total assets, end of year
- $2,789,759
- Total liabilities, end of year
- $350,050
- Net assets or fund balances, end of year
- $2,439,709
- Program services expenses (Part IX)
- $561,407
- Management and general expenses
- $212,687
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $561,407
Program services were 72.5% 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.
-
1a · Federated campaigns
$97,667
-
1f · All other contributions, gifts and grants
$862,811
-
2a · Program service revenue: SPECIAL EVENTS
total $116,161 · related or exempt $116,161
-
2b · Program service revenue: RENT
total $115,083 · excluded $115,083
-
2c · Program service revenue: SOTERIA HOUSE
total $41,797 · related or exempt $41,797
-
2d · Program service revenue: SOTERIA AT WORK
total $41,386 · related or exempt $41,386
-
2e · Program service revenue: RECYCLING
total $47 · related or exempt $47
-
3 · Investment income
total $761 · excluded $761
-
11a · Other revenue: INSURANCE PROCEEDS
total $121,799 · related or exempt $121,799
-
11b · Other revenue: MISC
total $9,997 · related or exempt $9,997
-
11c · Other revenue: GAIN ON SALE
total $8,300 · related or exempt $8,300
-
11e · Other revenue, total
$140,096
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $81,046 · management and general $81,046
-
7 · Other salaries and wages
total $71,867 · management and general $71,867
-
9 · Other employee benefits
total $13,772 · management and general $13,772
-
13 · Office expenses
total $14,724 · program services $11,779 · management and general $2,945
-
16 · Occupancy
total $4,405 · program services $3,524 · management and general $881
-
17 · Travel
total $13,268 · program services $10,614 · management and general $2,654
-
20 · Interest
total $15,061 · program services $12,049 · management and general $3,012
-
22 · Depreciation, depletion and amortization
total $65,141 · program services $52,113 · management and general $13,028
-
23 · Insurance
total $31,268 · program services $25,014 · management and general $6,254
-
24a · Other expenses: PROGRAM EXPENDITURES
total $402,810 · program services $402,810
-
24b · Other expenses: PROFESSIONAL FEES
total $23,342 · program services $13,592 · management and general $9,750
-
24c · Other expenses: AUTOMOBILE EXPENSES
total $10,104 · program services $8,083 · management and general $2,021
-
24d · Other expenses: UTILITIES
total $8,087 · program services $6,470 · management and general $1,617
-
24e · All other expenses
total $19,199 · program services $15,359 · management and general $3,840
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,012,085 · end of year $1,222,707
-
4 · Accounts receivable
beginning of year $20,637 · end of year $2,199
-
9 · Prepaid expenses and deferred charges
beginning of year $15,953 · end of year $43,812
-
10a · Land, buildings and equipment: cost or other basis
$2,194,669
-
10b · Land, buildings and equipment: accumulated depreciation
$673,628
-
10c · Land, buildings and equipment, net
beginning of year $1,127,739 · end of year $1,521,041
-
17 · Accounts payable and accrued expenses
beginning of year $5,667 · end of year $1,177
-
24 · Unsecured notes and loans payable
beginning of year $356,702 · end of year $340,976
-
25 · Other liabilities
beginning of year $11,221 · end of year $7,897
-
27 · Net assets without donor restrictions
beginning of year $1,802,824 · end of year $2,439,709
Mission and programs · 2022
Mission
EMPOWER LOW-INCOME INDIVIDUALS IN THE GREENVILLE AREA TO BE SELF-SUFFICIENT & SUSTAINING THROUGH FINANCIAL BUDGETING AND CREDIT REPAIR WORKSHOPS, EDUCATION AND COUNSELING FOR FIRST TIME HOME BUYERS AND THE OPPORTUNITY FOR HOME OWNERSHIP THROUGH AFFORDABLE HOUSING, COUNSELING AND ASSISTANCE WITH AFFORDABLE RENTAL HOUSING FOR LOW-TO-MODERATE INCOME FAMILIES, ASSISTANCE WITH EMPLOYMENT OPPORTUNITIES AND STARTUP AND GROWTH FOR ENTREPRENEURSHIP, EDUCATIONAL CLASSES IN COMMUNITY AND ECONOMIC DEVELOPMENT, AND TRANSITIONAL HOUSING AND SUPPORT FOR MEN AND WOMEN WHOSE LIVES HAVE BEEN IMPACTED BY CRIME.
-
PROVIDING GOODS AND SERVICES TO LOW INCOME INDIVIDUALS AND FAMILIES IN GREENVILLE COUNTY AND UPSTATE SOUTH CAROLINA TO EMPOWER INDIVIDUALS AND FAMILIES TO BE SELF-SUFFICIENT AND SUSTAINING.
Expenses $561,407 · Revenue $314,474
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jerry BlassingameJERRY BLASSINGAME
CEO
- Total calculated
- $81,046
- From this org
- $81,046
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kelechi BenetKELECHI BENET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry ClarkTERRY CLARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jan CollinsJAN COLLINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brooke CulclasureBROOKE CULCLASURE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Michael GatchellMICHAEL GATCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anita LeboldANITA LEBOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ginny StroudGINNY STROUD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331739349300908
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