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Nonprofiteer
← CCL FARM CONSERVATION INC

Form 990 for tax year 2022

Filed by CCL FARM CONSERVATION INC.

Totals

Total revenue
$1,070,531
Total expenses
$87,045
Contributions and grants received
$1,067,531
Grants paid
$0
Program service revenue
$3,000
Investment income
$0
Other revenue
$0
Total assets, end of year
$5,426,351
Total liabilities, end of year
$4,442,865
Net assets or fund balances, end of year
$983,486
Program services expenses (Part IX)
$86,387
Management and general expenses
$658
Fundraising expenses
$0
Program service expenses (Part III)
$86,387

Program services were 99.2% 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

    $1,067,531

  • 1g · Noncash contributions included above

    $1,067,531

  • 2a · Program service revenue: LEASE INCOME

    total $3,000 · related or exempt $3,000

Functional expenses

Part IX, the statement of functional expenses.

  • 16 · Occupancy

    total $4,007 · program services $4,001 · management and general $6

  • 20 · Interest

    total $652 · management and general $652

  • 22 · Depreciation, depletion and amortization

    total $82,386 · program services $82,386

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $438,864

  • 4 · Accounts receivable

    end of year $3,000

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

    $4,842,517

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

    $82,386

  • 10c · Land, buildings and equipment, net

    end of year $4,760,131

  • 14 · Intangible assets

    end of year $224,356

  • 17 · Accounts payable and accrued expenses

    end of year $4,001

  • 23 · Secured mortgages and notes payable

    end of year $4,000,000

  • 24 · Unsecured notes and loans payable

    end of year $438,864

  • 27 · Net assets without donor restrictions

    end of year $983,486

Mission and programs · 2022

Mission

CCL FARM CONSERVATION, INC. IS ORGANIZED AND SHALL AT ALL TIMES BE OPERATED TO BENEFIT AND SUPPORT SOUTH CAROLINA COASTAL CONSERVATIO LEAGUE, INC. (CCL).

  • THE ORGANIZATION WILL ASSIST THE SOUTH CAROLINA COASTAL CONSERVATION LEAGUE (CCL) IN ITS PROGRAMS AND SERVICES BY UNDERTAKING THE (A) ACQUISITION OF A LEASEHOLD INTEREST IN CERTAIN REAL PROPERTY LOCATED AT 1814 HARMON STREET, CHARLESTON, SOUTH CAROLINA 29403 (LAND), INCLUDING THE NEW FOOD HUB FACILITY CONSTRUCTED AND DEVELOPED BY CCL ON THE LAND (FACILITY) AND (B) LEASING OF THE LAND AND THE FACILITY TO CCL FOR OPERATING (COLLECTIVELY, (A) AND (B) ARE REFERRED TO AS, THE PROJECT). THE ACTIVITIES OF THE ORGANIZATION WILL BE FUNDED THROUGH ITS PARTICIPATION AS A QUALIFIED LOW-INCOME COMMUNITY BUSINESS AS DEFINED UNDER SECTION 45D OF THE INTERNAL REVENUE CODE (CODE) AND AS A BORROWER IN A NEW MARKET TAX CREDIT (NMTC) TRANSACTION. (CONTINUED ON SCHEDULE O)

    Expenses $86,387 · Revenue $3,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Griffin

    CHAIR

    Total calculated
    $0
    Hours/week
    0.25
  • William Brenizer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Faith Rivers James

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 40 related
  • Sally Webb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Richard R Schmaltz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Mike Mistler

    CONTROLLER

    Total calculated
    $92,908
    From this org
    $0
    From related orgs
    $86,899
    Other
    $6,009
    Hours/week
    1 + 40 related

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 February 2025
IRS schema version
2022v5.0
Source object
202540459349301519

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