Southern Highlands Reserve Inc
- Assets
- $4.0m
- Revenue
- $674.3k
- Investments
- $261.4k
- Employees
- 0
- Location
- Lake Toxaway, NC
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 20-0212113
Organization Overview
Southern Highlands Reserve Inc is located in Lake Toxaway, NC. The organization was established in 2003. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Highlands Reserve 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 12/2022, Southern Highlands Reserve Inc generated $674.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $749.6k during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOUTHERN HIGHLANDS RESERVE IS DEDICATED TO SUSTAINING THE NATURAL ECOSYSTEMS OF THE BLUE RIDGE MOUNTAINS THROUGH THE PRESERVATION, CULTIVATION AND DISPLAY OF PLANTS NATIVE TO THE REGION AND BY ADVOCATING FOR THEIR VALUE THROUGH EDUCATION, RESTORATION AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth G Balentine Secretary | 5 | $0 | |
Elizabeth B Gurley Director | 1 | $0 | |
Emily B Barbour Director | 1 | $0 | |
Robert M Balentine III Director | 1 | $0 | |
Robert M Balentine President/treasurer | 10 | $0 | |
Kelly M Holdbrooks Executive Director | 40 | $108,425 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $623,660 |
| Interest on Savings | $0 |
| Dividends & Interest | $4 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $8,885 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $50,674 |
| Total Revenue | $674,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $108,425 |
| Other employee salaries and wages | $157,727 |
| Pension plans, employee benefits | $7,723 |
| Interest | $1,957 |
| Taxes | $31,664 |
| Depreciation | $223,044 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,489 |
| Printing and publications | $0 |
| Other expenses | $175,531 |
| Total operating and administrative expenses | $749,590 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $749,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,373 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $559 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $261,449 |
| Net Land, buildings, and equipment | $3,705,957 |
| Other assets | $0 |
| Total assets | $4,045,338 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $150,000 |
| Other liabilities | $4,752 |
| Total liabilities | $154,752 |