Chesterfield Alternatives Inc
- Assets
- $3.7m
- Revenue
- $470.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Chesterfield, VA
- Founding
- 06/1987
- Data as of
- 06/2024
- EIN
- 54-1418100
Organization Overview
Chesterfield Alternatives Inc is located in Chesterfield, VA. The organization was established in 1987. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, 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. Chesterfield Alternatives 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, Chesterfield Alternatives Inc generated $470.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $526.8k during the year ending 06/2024. 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
THE ORGANIZATION PROVIDES HOUSING TO INDIVIDUALS WHO IN TURN RECEIVE SERVICES FROM THE DEPARTMENT OF MENTAL HEALTH SUPPORT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING - THE ORGANIZATION PROVIDED HOUSES TO INDIVIDUALS THAT ARE MENTALLY OR DEVELOPMENTALLY CHALLENGED WHO IN TURN RECEIVE SERVICES FROM CHESTERFIELD DEPARTMENT OF MENTAL HEALTH SUPPORT SERVICES. ASSISTANCE - THE ORGANIZATION PROVIDED DIRECT ASSISTANCE TO THE PROGRAMS OF CHESTERFIELD COUNTY MENTAL HEALTH SUPPORT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Barclay President | OfficerTrustee | 1 | $0 |
Elizabeth Poe Vice President | OfficerTrustee | 1 | $0 |
C Lee Price Treasurer/secretary | OfficerTrustee | 2 | $0 |
Martha Mead Director | Trustee | 2 | $0 |
Nelson Daniel Director | Trustee | 1 | $0 |
Joel Rothenberg 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 | $394,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $394,844 |
| Total Program Service Revenue | $34,690 |
| Investment income | $23,268 |
| 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 | $470,401 |
| 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. | $115,000 |
| Compensation of current officers, directors, key employees. | $103,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,397 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,317 |
| Fees for services: Accounting | $7,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,937 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,643 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,813 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $145,554 |
| Insurance | $46,221 |
| All other expenses | $8,051 |
| Total functional expenses | $526,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,464 |
| 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 | $16,042 |
| Net Land, buildings, and equipment | $2,720,407 |
| Investments—publicly traded securities | $417,269 |
| Investments—other securities | $0 |
| Investments—program-related | $106,984 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,687,387 |
| Accounts payable and accrued expenses | $51,364 |
| 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 | $825,573 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $43,918 |
| Total liabilities | $920,855 |
| Net assets without donor restrictions | $2,766,370 |
| Net assets with donor restrictions | $162 |
| 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 | $3,687,387 |