Big Stone Gap Corporation, operating under the name Gap Corporation, is located in Big Stone Gap, VA. The organization was established in 1991. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Gap Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Gap Corporation generated $7.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $3.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
COLLABORATED WITH THE TOWN OF BIG STONE GAP HOSTING EVENTS TO BOLSTER ECONOMIC DEVELOPMENT AND HISTORICAL AWARENESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wendy Dillon-Murray President | 20 | $0 | |
Elise Bloomer Vice President | 15 | $0 | |
Tabitha Hibbits-Greiger Vice President | 15 | $0 | |
David Mcartin Treasurer | 20 | $0 | |
Wendy M Warden Secretary | 25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $6,200 |
Membership dues | $1,200 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $7,400 |
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 | $450 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $127 |
Other expenses | $0 |
Total expenses | $3,577 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,813 |
Other assets | $0 |
Total assets | $5,813 |
Total liabilities | $0 |
Net assets or fund balances | $5,813 |