Southside Outreach Group Inc
- Assets
- $3.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 7
- Location
- South Boston, VA
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 54-1805314
Organization Overview
Southside Outreach Group Inc is located in South Boston, VA. The organization was established in 1997. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Southside Outreach Group Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southside Outreach Group 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 12/2022, Southside Outreach Group Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST LOW-INCOME PERSONS IN OBTAINING HOUSING, JOBS, AND BUSINESSES. THIS IS DONE BY PROMOTING AWARENESS OF HUMAN NEEDS IN THE COMMUNITY, PROVIDING ADEQUATE HOUSING, AND BY PROVIDING TECHNICAL SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Tucker President | OfficerTrustee | 3 | $0 |
Chris Ward Treasurer | OfficerTrustee | 3 | $0 |
Detra Carr Secretary | OfficerTrustee | 3 | $0 |
Lucinda Williams Vice President | OfficerTrustee | 3 | $0 |
Judy Howerton Chaplain | Trustee | 3 | $0 |
Nannie Jones Sergeant-At-Arms | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
B &A Builders Llc Construction | 12/30/22 | $127,450 |
Rodney Wood Construction Construction | 12/30/22 | $118,558 |
Divine Builders Of Ameila Construction | 12/30/22 | $129,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,022,369 |
| All other contributions, gifts, grants, and similar amounts not included above | $900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,023,269 |
| Total Program Service Revenue | $411,896 |
| Investment income | $1,354 |
| 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 | $1,436,519 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,531 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $2,054 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,098 |
| Insurance | $6,567 |
| All other expenses | $32,895 |
| Total functional expenses | $1,030,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,117,708 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $223,231 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $350,000 |
| Inventories for sale or use | $676,463 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $443,101 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $61,497 |
| Intangible assets | $0 |
| Other assets | $238,760 |
| Total assets | $3,110,760 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $119,548 |
| Total liabilities | $119,548 |
| Net assets without donor restrictions | $2,805,885 |
| Net assets with donor restrictions | $185,327 |
| 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 | $3,110,760 |