Mount Holly Community Development Foundation Inc
- Assets
- $115.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Holly, NC
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 20-0738339
Organization Overview
Mount Holly Community Development Foundation Inc is located in Mount Holly, NC. The organization was established in 2004. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Holly Community Development Foundation 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 12/2023, Mount Holly Community Development Foundation Inc generated $70.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $52.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO ADVANCE HEALTH, GENERAL WELFARE AND PROSPERITY OF THE MOUNT HOLLY AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaitlyn Speas Secretary | 0 | $0 | |
Stephanie Mclaughlin Chair | 0 | $0 | |
Mackenzie Greene Treasurer | 0 | $0 | |
Janice Mcrorie Past Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,981 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,976 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,290 |
| Total expenses | $52,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,225 |
| Other assets | $0 |
| Total assets | $115,225 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,225 |