Main Street Mission Of China Grove Inc
- Assets
- $978.1k
- Revenue
- $410.1k
- Investments
- $0.0
- Employees
- 12
- Location
- China Grove, NC
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 37-1446891
Organization Overview
Main Street Mission Of China Grove Inc is located in China Grove, NC. The organization was established in 2003. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Main Street Mission Of China Grove Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street Mission Of China Grove 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, Main Street Mission Of China Grove Inc generated $410.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $380.5k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 7 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
MAIN STREET MARKET AND MEETING PLACE STRIVES TO BUILD BRIDGES OF MUTUAL UNDERSTANDING AND RESPECT TO EMPOWER ALL OUR NEIGHBORS TO EXPERIENCE GOD'S VISION OF ABUNDANT LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES EDUCATION, SOCIAL ENGAGEMENT, AND ACCESS TO MATERIAL RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hope Oliphant Director | Officer | 40 | $50,000 |
Anne Corriher Board Chair | OfficerTrustee | 10 | $0 |
Mark Helms Board Co Cha | OfficerTrustee | 10 | $0 |
Sharon Mccarty Treasurer | OfficerTrustee | 8 | $0 |
Susan Welday Secretary | OfficerTrustee | 8 | $0 |
Shirley Alexander Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $329,396 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $348,646 |
| Total Program Service Revenue | $61,442 |
| Investment income | $187 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,955 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $410,083 |
| 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. | $50,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,569 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $481 |
| Fees for services: Accounting | $3,117 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,821 |
| Advertising and promotion | $13,168 |
| Office expenses | $5,542 |
| Information technology | $4,787 |
| Royalties | $0 |
| Occupancy | $16,105 |
| Travel | $2,946 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,097 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,923 |
| Insurance | $5,028 |
| All other expenses | $35,220 |
| Total functional expenses | $380,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,754 |
| 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 | $848,299 |
| Investments—publicly traded securities | $19,997 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $978,050 |
| Accounts payable and accrued expenses | $830 |
| 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 | $10,953 |
| Other liabilities | $0 |
| Total liabilities | $11,783 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $966,267 |
| Total liabilities and net assets/fund balances | $978,050 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Main Street Mission Of China Grove Inc has recieved totaling $128,533.
| Awarding Organization | Amount |
|---|---|
Rowan County United Way Inc Salisbury, NC PURPOSE: OPERATIONS | $78,570 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $23,140 |
Hayes Family Charitable Tr Charlotte, NC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Margaret C Woodson Foundation Incorporated Charlotte, NC PURPOSE: TRAUMA THERAPY PROVISION FOR UNINSURED, LOW-INCOME FAMILIES. | $6,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $5,150 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,079 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Tenn Human Resource Agency Inc Knoxville, TN | $20,466,958 | $48,339,274 |
Middle Georgia Community Action Agency Inc Warner Robins, GA | $16,341,072 | $22,831,076 |
Lions Services Inc Charlotte, NC | $6,497,878 | $15,970,949 |
Hope House Foundation Inc Norfolk, VA | $8,074,708 | $12,111,448 |
Sertoma Center Inc Knoxville, TN | $10,787,048 | $12,520,977 |
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Virginia Regional Transit Purcellville, VA | $16,382,383 | $8,231,477 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Lynchburg South Lodge No 1727 Loyal Order Of The Moose Lynchburg, VA | $3,317,172 | $6,195,077 |
Pee Dee Coalition Against Domestic And Sexual Assault Florence, SC | $7,943,993 | $6,463,793 |
Solutions That Empower People Inc Rocky Mount, VA | $2,704,443 | $4,763,662 |
Rooftop Of Virginia Cap Galax, VA | $1,411,246 | $4,260,955 |