West Virginia Community Development Hub Inc is located in Charleston, WV. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, West Virginia Community Development Hub Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia Community Development Hub Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, West Virginia Community Development Hub Inc generated $830.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, West Virginia Community Development Hub Inc has awarded 25 individual grants totaling $274,520. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HUB SUPPORTS COMMUNITIES IN WEST VIRGINIA IN THEIR EFFORTS TO EXPERIENCE PURPOSEFUL, SELF-DIRECTED DEVELOPMENT RESPECTFUL OF LOCAL CULTURE AND VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPORT THROUGH PUBLIC/PRIVATE RESOURCES TO COMMUNITY BASED NOT-FOR-PROFIT ORGANIZATIONS SEEKING TO PROMOTE THE ECONOMIC WELL-BEING OF INDIVIDUALS, FAMILIES, COMMUNITIES, AND THE ENVIRONMENT THROUGH ECONOMIC DEVELOPMENT PROGRAMS AND PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephanie Tyree Executive Director | Officer | 40 | $85,312 |
Jason Young Chair | OfficerTrustee | 4 | $0 |
Clara Lehmann Vice Chair | OfficerTrustee | 4 | $0 |
Joe Flynn Treasurer | OfficerTrustee | 4 | $0 |
Carrie White Secretary | OfficerTrustee | 4 | $0 |
Susan Economou Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $106,504 |
All other contributions, gifts, grants, and similar amounts not included above | $561,096 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $667,600 |
Total Program Service Revenue | $161,057 |
Investment income | $1,351 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $830,008 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $101,688 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $32,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $726,503 |
Advertising and promotion | $0 |
Office expenses | $16,222 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $28,853 |
Travel | $37,391 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,460 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,365 |
Insurance | $3,026 |
All other expenses | $0 |
Total functional expenses | $1,110,439 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $765,506 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $32,628 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,649 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $400 |
Total assets | $801,183 |
Accounts payable and accrued expenses | $34,178 |
Grants payable | $0 |
Deferred revenue | $115,683 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $149,861 |
Net assets without donor restrictions | $515,605 |
Net assets with donor restrictions | $135,717 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $801,183 |
Over the last fiscal year, West Virginia Community Development Hub Inc has awarded $21,475 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CITY OF SMITHERS PURPOSE: CULTIVATE MINI-GRANTS FOR VARIOUS COMMUNITY LED PROJECTS | $14,750 |
MICHELLE ROSE STUDIO PURPOSE: HUBCAP TECHNICAL ASSISTANCE FUNDS USED FOR WEBSITE DEVELOPMENT IN COWEN, WV | $6,725 |
Over the last fiscal year, we have identified 5 grants that West Virginia Community Development Hub Inc has recieved totaling $525,031.
Awarding Organization | Amount |
---|---|
Claude Worthington Benedum Foundation Pittsburgh, PA PURPOSE: FOR ANCHORING THE DEVELOPMENT OF LEADERSHIP, INNOVATION AND STRATEGIES IN WEST VIRGINIA'S COMMUNITY DEVELOPMENT FIELD THROUGH RURAL COMMUNITY COACHING, MULTI-LAYERED PROJECT IMPLEMENTATION, CATALYTIC NARRATIVE CHANGE AND CREATIVE COMMUNICATIONS STRATEGIES | $245,000 |
Claude Worthington Benedum Foundation Pittsburgh, PA PURPOSE: TO CATALYZE INVESTMENTS INTO WEST VIRGINIA THROUGH FEDERAL GRANT APPLICANT AND GRANTEE COACHING; STRATEGIES TO ADDRESS STRUCTURAL BARRIERS TO FEDERAL FUNDING; AND INTENTIONAL ENGAGEMENT OF CRITICAL LOCAL AND REGIONAL PARTNERS | $125,000 |
Locus Impact Investing Richmond, VA PURPOSE: COHORT PROGRAM | $80,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Organization Name | Assets | Revenue |
---|---|---|
Kentucky River Foothills Development Council Inc Richmond, KY | $12,381,295 | $19,871,173 |
Community Action Of Southern Kentucky Incorporated Bowling Green, KY | $10,381,389 | $18,999,181 |
Northern Kentucky Community Action Commisson Inc Covington, KY | $8,823,439 | $18,121,235 |
University Circle Incorporated Cleveland, OH | $134,622,719 | $18,118,457 |
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Economic And Community Development Institute Inc Columbus, OH | $78,355,876 | $19,971,101 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |
Strong City Baltimore Baltimore, MD | $3,607,626 | $14,803,870 |
Visit Baltimore Inc Baltimore, MD | $13,591,522 | $23,022,151 |
Liberty Lutheran Housing Development Corporation State College, PA | $52,974,358 | $15,701,429 |
Mountainheart Community Servces Inc Oceana, WV | $5,735,709 | $13,660,570 |
Allegany County Human Resources Development Commission Inc Cumberland, MD | $11,830,782 | $13,688,639 |