Hanover Arc Incorporated
- Assets
- $194.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Ashland, VA
- Founding
- 09/1975
- Data as of
- 06/2022
- EIN
- 54-0975872
Organization Overview
Hanover Arc Incorporated is located in Ashland, VA. The organization was established in 1975. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanover Arc Incorporated 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 06/2022, Hanover Arc Incorporated generated $112.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $82.5k during the year ending 06/2022. 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 Program Activity:
Part 3
SCHOLARSHIPS AWARDED
SCHOLARSHIPS AWARDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Stamey Exec Dir | 40 | $26,978 | |
Melissa Brickey Secretary | 2 | $0 | |
Alan Thurman Board Member | 2 | $0 | |
Chris Goodloe Self-Advocate | 2 | $0 | |
Pam Bishop Vice President | 2 | $0 | |
Jay Gardner Self-Advocate | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,884 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,504 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,422 |
| Other Revenue | $46,914 |
| Total Revenue | $112,724 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,981 |
| Professional fees and other payments to independent contractors | $2,595 |
| Occupancy, rent, utilities, and maintenance | $38,359 |
| Printing, publications, postage, and shipping | $267 |
| Other expenses | $27,319 |
| Total expenses | $82,521 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,473 |
| Other assets | $0 |
| Total assets | $194,407 |
| Total liabilities | $10 |
| Net assets or fund balances | $194,397 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hanover Arc Incorporated has recieved totaling $6,400.
| Awarding Organization | Amount |
|---|---|
Kovar Corporation Woodbridge, VA PURPOSE: Fund recreational socialization program | $6,400 |
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Mcclendon Center Washington, DC | $6,146,841 | $6,736,211 |
Association For Retarded Citizens In Harrison County Wv Inc Clarksburg, WV | $3,531,727 | $6,162,970 |
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