The Village Of Spring Hill Inc
- Assets
- $665.4k
- Revenue
- $353.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 20-4263076
Organization Overview
The Village Of Spring Hill Inc is located in Mobile, AL. The organization was established in 2006. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Village Of Spring Hill 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, Village Of Spring Hill Inc generated $353.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $128.9k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION ENCOURAGES THE DEVELOPMENT, REDEVELOPMENT, AND IMPROVEMENT OF THE SPRING HILL COMMUNITY IN MOBILE, ALABAMA IN A MANNER DESIGNED TO BEAUTIFY, ENHANCE AND PROMOTE THE SPRING HILL COMMUNITY; TO COORDINATE AND ENCOURAGE COOPERATION BETWEEN PROPERTY OWNERS, BUSINESS OWNERS, GOVERNMENTAL ENTITIES AND ANY OTHER ENTITIES OR PERSONS WHOSE ACTIONS AFFECT THE AESTHETIC, ECONOMIC AND CULTURAL VITALITY OF THE SPRING HILL COMMUNITY; TO PROMOTE THE IMPROVEMENTS OF PATHS, SIDEWALKS AND WALKWAYS FOR PEDESTRIAN TRAFFIC; TO IMPROVE CONDITIONS IN THE SPRING HILL COMMUNITY BY IDENTIFYING COMMUNITY PROBLEMS AND BY ENCOURAGING THEIR RESOLUTION BY COMMUNITY MEMBERS; AND TO PROMOTE THE SOCIAL WELFARE AND COMBAT DETERIORATION IN THE SPRING HILL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENCOURAGED THE DEVELOPMENT, REDEVELOPMENT AND IMPROVEMENT OF THE SPRING HILL COMMUNITY IN MOBILE, AL IN A MANNER DESIGNED TO BEAUTIFY, ENHANCE AND PROMOTE THE COMMUNITY; COORDINATED & ENCOURAGED COOPERATION BETWEEN PROPERTY OWNERS, BUSINESS OWNERS, GOVERNMENTAL ENTITIES, AND OTHER ENTITIES IN IMPROVING THE COMMUNITY; PROMOTED THE IMPROVEMENT OF PATHS, SIDEWALKS AND WALKWAYS FOR PEDESTRIAN TRAFFIC; IMPROVED CONDITIONS IN THE COMMUNITY BY IDENTIFYING COMMUNITY PROBLEMS AND ENCOURAGING THEIR RESOLUTION BY COMMUNITY MEMBERS; AND PROMOTED THE SOCIAL WELFARE AND COMBATTED DETERIORATION IN THE SPRING HILL COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan A Thames Secretary | OfficerTrustee | 1 | $0 |
Linda M St John President | OfficerTrustee | 25 | $0 |
Carolyn F Mckean Treasurer | OfficerTrustee | 2 | $0 |
Sherry Pierce Vice President | OfficerTrustee | 3 | $0 |
Ruth Austill Director | Trustee | 1 | $0 |
Buff Teague Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $353,124 |
| Total Program Service Revenue | $0 |
| Investment income | $708 |
| 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 | $353,832 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,041 |
| Information technology | $859 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48 |
| Insurance | $1,520 |
| All other expenses | $9,961 |
| Total functional expenses | $128,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $665,350 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $665,350 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $249,181 |
| Net assets with donor restrictions | $416,169 |
| 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 | $665,350 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Village Of Spring Hill Inc has recieved totaling $77,600.
| Awarding Organization | Amount |
|---|---|
Hearin-Chandler Foundation Mobile, AL PURPOSE: CAPITAL | $25,000 |
Hearin-Chandler Foundation Mobile, AL PURPOSE: CAPITAL | $25,000 |
Ben May Charitable Trust Mobile, AL PURPOSE: SIDEWALKS | $22,500 |
The E E Delaney Foundation Inc Mobile, AL PURPOSE: UNRESTRICTED CONTRIBUTION | $2,600 |
Tuthill Square Foundation Mobile, AL PURPOSE: CHARITABLE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Mississippi Planning And Development District Inc Gulfport, MS | $44,385,657 | $33,837,059 |
Metro Atlanta Host Committee Inc Atlanta, GA | $222,399 | $14,582,853 |
Tampa Bay Convention & Visitors Bureau Inc Tampa, FL | $9,049,029 | $16,723,785 |
South Alabama Regional Planning Commission Mobile, AL | $10,162,715 | $18,722,811 |
Discover Palm Beach County Inc West Palm Beach, FL | $6,257,115 | $17,672,568 |
Step Up Suncoast Inc Sarasota, FL | $3,209,226 | $16,919,808 |
Atlanta Convention & Vistors Bureau Inc Atlanta, GA | $20,280,984 | $17,066,911 |
Memphis Convention And Visitors Bureau Memphis, TN | $38,589,779 | $17,172,027 |
Tennessee Technology Development Corporation Nashville, TN | $18,062,853 | $12,109,273 |
Riverfront Development Corporation Memphis, TN | $39,591,502 | $20,233,137 |
Chattanooga Area Convention And Visitors Bureau Inc Chattanooga, TN | $6,892,228 | $12,124,566 |
East Central Planning & Development District Inc<410 Decatur St Newton, MS | $22,970,956 | $8,929,943 |