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Nonprofiteer
← MOUNTAIN AIR COMMUNITY FUND INC

Form 990-EZ for tax year 2022

Filed by MOUNTAIN AIR COMMUNITY FUND INC.

Totals

Total revenue
$174,613
Total expenses
$178,984
Contributions and grants received
$119,383
Grants paid
$177,298
Program service revenue
$0
Membership dues (line 3)
$0
Investment income (line 4)
$31
Gain or loss on sale of assets (line 5c)
$0
Gaming and fundraising events, net (line 6d)
$55,199
Gross profit on inventory sales (line 7c)
$0
Other revenue (line 8)
not reported
Total assets, end of year
$229,291
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
$229,291
Program service expenses (Part III)
$177,298

Program services were 99.1% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

To support organizations with programs targeting health and economic development, education, literacy, the arts and family issues that benefit residents of Yancey County.

  • Awarded $165,298 in grants to 27 nonprofit organizations supporting Yancey County residents.

    Expenses $165,298 · Grants $165,298

  • .Awarded $12,000 in college scholarships to 12 MountainHeritage High School seniors on behalf of MAPA.

    Expenses $12,000 · Grants $12,000

As filed on the 2022 return.

Listed in Part IV

  • Sallie Bailey

    President

    Total calculated
    $0
    Hours/week
    3

  • Annie Craver

    Vice President

    Total calculated
    $0
    Hours/week
    2

  • Diana Richter

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Marcie Jacobs

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Suzanne Zapfel

    Member

    Total calculated
    $0
    Hours/week
    1

  • Alyson Rau

    Member

    Total calculated
    $0
    Hours/week
    1

  • Jeanette Valore

    Member

    Total calculated
    $0
    Hours/week
    1

  • Cathy Williams

    Member

    Total calculated
    $0
    Hours/week
    1

  • Gail Lewis

    Member

    Total calculated
    $0
    Hours/week
    1

  • Tom Valore

    Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
8 May 2023
IRS schema version
2022v5.0
Source object
202331289349202733

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

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