Roanoke Valley Speech And Hearing Center Inc
- Assets
- $572.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 20
- Location
- Roanoke, VA
- Founding
- 06/1962
- Data as of
- 06/2024
- EIN
- 54-0722391
Organization Overview
Roanoke Valley Speech And Hearing Center Inc is located in Roanoke, VA. The organization was established in 1962. As of 06/2024, Roanoke Valley Speech And Hearing Center Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roanoke Valley Speech And Hearing Center 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 06/2024, Roanoke Valley Speech And Hearing Center Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.2m during the year ending 06/2024. While expenses have increased by 1.5% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SPEECH AND HEARING REHABILITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EVALUATES AND DIAGNOSES INDIVIDUALS WITH SPEECH AND/OR HEARING DEFECTS AND EITHER OFFERS THERAPY ON SITE OR REFERS THE INDIVIDUAL TO A DOCTOR OR OTHER SOURCE FOR PROPER TREATMENT. THE ORGANIZATION SERVES OVER 700 CLIENTS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leeann Linkenhoker Executive Di | Officer | 40 | $64,320 |
Coleman Adams Director | Trustee | 1 | $0 |
Carl Cline Director | Trustee | 1 | $0 |
Keith Dance Treasurer | OfficerTrustee | 1 | $0 |
Justin Davison Director | Trustee | 1 | $0 |
Tyler Godsey Director | Trustee | 1 | $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 | $182,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,755 |
| Total Program Service Revenue | $979,368 |
| Investment income | $0 |
| 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 | $1,162,123 |
| 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. | $70,016 |
| Compensation of current officers, directors, key employees. | $52,512 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $532,172 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,314 |
| Payroll taxes | $44,108 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,887 |
| 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 | $65,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,295 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,419 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,737 |
| Insurance | $9,919 |
| All other expenses | $0 |
| Total functional expenses | $1,209,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,421 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,660 |
| 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 | $20,820 |
| Net Land, buildings, and equipment | $182,230 |
| Investments—publicly traded securities | $216,824 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $100,953 |
| Other assets | $0 |
| Total assets | $572,908 |
| Accounts payable and accrued expenses | $179 |
| 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 | $167,239 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $167,418 |
| Net assets without donor restrictions | $188,666 |
| Net assets with donor restrictions | $216,824 |
| 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 | $572,908 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charlotte Speech And Hearing Center Inc Charlotte, NC | $2,465,609 | $3,100,677 |
Mountain Region Speech And Hearing Center Kingsport, TN | $633,672 | $1,388,575 |
Roanoke Valley Speech And Hearing Center Inc Roanoke, VA | $572,908 | $1,162,123 |
National Student Speech And Hearing Association Inc Rockville, MD | $1,662,728 | $969,205 |
Speech & Language Center Of North Virginia Inc Mclean, VA | $606,716 | $777,980 |
Childhood Language Center Inc Charleston, WV | $5,944,056 | $534,252 |
Bristol Regional Speech & Hearing Center Bristol, VA | $235,294 | $530,600 |
National Association For Hearing And Speech Action Rockville, MD | $3,209,848 | $80,342 |
Louisville Scottish Rite Foundation Inc Louisville, KY | $2,359,947 | $132,614 |