Form 990 for tax year 2022
Filed by CHOANOKE AREA DEVELOPMENT ASSOC.
Totals
- Total revenue
- $10,178,158
- Total expenses
- $10,723,052
- Contributions and grants received
- $9,971,502
- Grants paid
- $2,218,693
- Program service revenue
- $205,849
- Investment income
- $807
- Other revenue
- $0
- Total assets, end of year
- $3,273,783
- Total liabilities, end of year
- $2,875,898
- Net assets or fund balances, end of year
- $397,885
- Program services expenses (Part IX)
- $10,046,058
- Management and general expenses
- $676,994
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $10,046,058
Program services were 93.7% 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.
-
1e · Government grants (contributions)
$9,906,139
-
1f · All other contributions, gifts and grants
$65,363
-
2a · Program service revenue: OTHER PROGRAM SERVICE REVENUE
total $125,029 · related or exempt $125,029
-
2b · Program service revenue: PROGRAM RENTAL INCOME
total $80,820 · related or exempt $80,820
-
3 · Investment income
total $807 · excluded $807
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,218,693 · program services $2,218,693
-
5 · Compensation of officers, directors and key employees
total $84,875 · program services $76,903 · management and general $7,972
-
7 · Other salaries and wages
total $4,384,131 · program services $3,972,321 · management and general $411,810
-
8 · Pension plan contributions
total $111,477 · program services $100,222 · management and general $11,255
-
9 · Other employee benefits
total $818,588 · program services $763,958 · management and general $54,630
-
10 · Payroll taxes
total $361,818 · program services $327,751 · management and general $34,067
-
11c · Fees: accounting
total $15,558 · program services $5,391 · management and general $10,167
-
11g · Fees: other
total $262,892 · program services $262,892
-
12 · Advertising and promotion
total $32,211 · program services $32,117 · management and general $94
-
13 · Office expenses
total $150,610 · program services $124,216 · management and general $26,394
-
14 · Information technology
total $49,927 · program services $49,869 · management and general $58
-
16 · Occupancy
total $359,176 · program services $337,952 · management and general $21,224
-
17 · Travel
total $113,256 · program services $112,928 · management and general $328
-
20 · Interest
total $23,810 · program services $23,810
-
22 · Depreciation, depletion and amortization
total $179,840 · program services $179,840
-
23 · Insurance
total $232,557 · program services $212,727 · management and general $19,830
-
24a · Other expenses: CONTRACTUAL SERVICES
total $501,170 · program services $479,801 · management and general $21,369
-
24b · Other expenses: SERVICES & SUPPLIES
total $218,896 · program services $218,896
-
24c · Other expenses: TELEPHONE & INTERNET
total $204,596 · program services $200,025 · management and general $4,571
-
24d · Other expenses: MAINTENANCE
total $149,385 · program services $128,169 · management and general $21,216
-
24e · All other expenses
total $249,586 · program services $217,577 · management and general $32,009
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $42,715 · end of year $307,086
-
2 · Savings and temporary cash investments
beginning of year $101,180
-
3 · Pledges and grants receivable
beginning of year $312,611 · end of year $161,541
-
4 · Accounts receivable
beginning of year $148,764 · end of year $178,768
-
9 · Prepaid expenses and deferred charges
beginning of year $24,382
-
10a · Land, buildings and equipment: cost or other basis
$5,246,789
-
10b · Land, buildings and equipment: accumulated depreciation
$3,093,702
-
10c · Land, buildings and equipment, net
beginning of year $2,200,799 · end of year $2,153,087
-
13 · Investments: program-related
beginning of year $181,691 · end of year $181,691
-
15 · Other assets
beginning of year $46,633 · end of year $291,610
-
17 · Accounts payable and accrued expenses
beginning of year $937,550 · end of year $1,176,003
-
18 · Grants payable
end of year $284,233
-
23 · Secured mortgages and notes payable
beginning of year $1,118,532 · end of year $1,034,052
-
25 · Other liabilities
beginning of year $59,914 · end of year $381,610
-
27 · Net assets without donor restrictions
beginning of year $716,611 · end of year $216,194
-
28 · Net assets with donor restrictions
beginning of year $226,168 · end of year $181,691
Mission and programs · 2022
Mission
TO PROVIDE ASSISTANCE TO LOW-INCOME INDIVIDUALS AND FAMILIES.
-
HEAD START PROGRAM THE PROGRAM SERVES ECONOMICALLY DISADVANTAGED PRESCHOOL CHILDREN BY PROVIDING COMPREHENSIVE HEALTH, EDUCATION, NUTRITION, SOCIAL, AND OTHER SERVICES.
Expenses $5,511,440 · Grants $1,928
-
THE WEATHERIZATION ASSISTANCE PROGRAM ENABLES LOW INCOME FAMILIES TO PERMANENTLY REDUCE THEIR ENERGY BILLS BY MAKING THEIR HOMES MORE ENERGY EFFICIENT. FUNDS ARE USED TO IMPROVE THE ENERGY PERFORMANCE OF DWELLINGS OF NEEDY FAMILIES USING THE MOST ADVANCED TECHNOLOGIES AND TESTING PROTOCOLS AVAILABLE IN THE HOUSING INDUSTRY.
Expenses $970,247 · Grants $437,772
-
HUD SECTION 8 HOUSING PROGRAM THIS PROGRAM PROVIDES RENTAL AND UTILITY ASSISTANCE TO LOW INCOME FAMILIES.
Expenses $1,519,073 · Grants $1,297,896
-
COMMUNITY SERVICES, WORKFORCE INVESTMENT, FATHERS IN FOCUS, REUNIFICATION & FAMILY PRESERVATION, EMERGENCY FOOD & SHELTER SERVICE, IDA, ENERGY SHARE PROGRAMS, PARENTS AS TEACHERS, LOSS MITIGATION, WOODLAND OLNEY LOW INCOME HOUSING, AND OTHER PROGRAMS: THESE PROGRAMS PROVIDE SERVICES AND ASSISTANCE TO LOW INCOME INDIVIDUALS AND FAMILIES AND ASSISTS THEM IN ACHIEVING SELF-SUFFICIENCY.
Expenses $2,045,298 · Grants $481,097 · Revenue $80,820
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Vivian SaundersVIVIAN SAUNDERS
1ST VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Nathan MizellNATHAN MIZELL
2ND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Jackson Brown JrJACKSON BROWN JR
3RD VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
James PeeleJAMES PEELE
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Robin WilliamsROBIN WILLIAMS
ASST SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Dr Chris CordonDR CHRIS CORDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carl BondCARL BOND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bonnie BazemoreBONNIE BAZEMORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
M'Bechi Tyree DavisM'BECHI TYREE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Duane DanielsDUANE DANIELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr James HunterDR JAMES HUNTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John SmithJOHN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daphne LeeDAPHNE LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hazel PierceHAZEL PIERCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betty PughBETTY PUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joveeta BrownJOVEETA BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Marjorie EdwardsDR MARJORIE EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joyce BuffaloeJOYCE BUFFALOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr George JermanDR GEORGE JERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rev Dawn DalymackREV DAWN DALYMACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vonetta PorterVONETTA PORTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jami WoodsJAMI WOODS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr James ShearnDR JAMES SHEARN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeanette HolleyJEANETTE HOLLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ophelia GouldfaisonOPHELIA GOULDFAISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tracy GaryTRACY GARY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Debbie FreemanDEBBIE FREEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine MoodyCATHERINE MOODY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Christopher MoodyCHRISTOPHER MOODY
EXECUTIVE DIRECTOR
- Total calculated
- $84,875
- From this org
- $84,875
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
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.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
NEW WOODLAND-OLNEY LLC
RELATED · RENTAL · NC · 2% owned
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411369349313186
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