Swannanoa Community Council Inc
- Assets
- $304.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Swannanoa, NC
- Founding
- 07/1969
- Data as of
- 12/2022
- EIN
- 23-7027026
Organization Overview
Swannanoa Community Council Inc is located in Swannanoa, NC. The organization was established in 1969. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Swannanoa Community Council 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, Swannanoa Community Council Inc generated $56.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (40.9%) each year. All expenses for the organization totaled $35.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SWANNANOA COMMUNITY COUNCIL OWNS AND MANAGES PROPERTIES IN THE GROVEMONT COMMUNITY OF SWANNANOA INCLUDING THE COMMUNITY CENTER BUILDING THAT HOUSES THE SWANNANOA LIBRARY, GROVEMENT PARK & PLAYGROUND, AND THE HISTORIC GROVEMONT SQUARE.
Describe the Organization's Program Activity:
Part 3
GROOVIN' CONCERT SERIES-THREE FREE CONCERTS ATTENDED BY 200-300 MEMBERS OF THE PUBLIC. RECEIVED GIFT OF 2+/- ACRES OF PROPERTY TO DEVELOP INTO "FOX CREEK PARK" TO DEVELOP FOR PUBLIC USE AND ENJOYMENT AND NATURE PRESERVE. COMPLETED GROVEMONT PARK IMPROVEMENT PROJECTS INCLUDING: ADDITION OF ADA- ACCESSIBLE PICNIC TABLES, PAVED PATH CONNECTORS, RE-MULCHING PLAYGROUND AREAS WITH 100 CUBIC YARDS OF CERTIFIED PLAYGROUND MULCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Dye Chair | 3 | $0 | |
Sylvan Williams Vice-Chair | 3 | $0 | |
Beth Ballhaussen Secretary | 3 | $0 | |
George Scott Treasurer | 3 | $0 | |
Doug Leboon Member | 3 | $0 | |
Bill Bauman Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,351 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $854 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,979 |
| Other Revenue | $7,475 |
| Total Revenue | $56,659 |
| 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 | $9,601 |
| Occupancy, rent, utilities, and maintenance | $5,622 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,426 |
| Total expenses | $35,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,610 |
| Other assets | $0 |
| Total assets | $303,964 |
| Total liabilities | $8,734 |
| Net assets or fund balances | $295,230 |