Highland Center
- Assets
- $3.1m
- Revenue
- $274.8k
- Investments
- $0.0
- Employees
- 23
- Location
- Monterey, VA
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 54-1882137
Organization Overview
Highland Center is located in Monterey, VA. The organization was established in 1998. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Highland Center employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highland Center 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, Highland Center generated $274.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $311.5k 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
CATALYST FOR ECONOMIC AND CULTURAL DEVELOPMENT THROUGH COMMUNITY AND ECONOMIC DEVELOPEMENT & BUSINESS INCUBATION; YOUTH DEVELOPMENT; LOCAL FOODS AND AGRICULTURE PROJECTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAMS: OPERATES THE HISTORIC BUILDING, FORMERLY A A SCHOOL- RENTAL SPACE FOR BUSINESSES, RETREATS,FUNDRAISERS AND PRIVATE AND CULTURAL EVENTS. STAFF PROVIDE SUPPORT FOR ECONOMIC DEVELOPMENT AND REVITALIZATION IN THE AREA
LOCAL FOODS AND AGRICULTURE: OPERATED THE HIGHLAND FARMER'S MARKET A PRODUCT DRIVEN MARKET SELLING LOCALLY GROWN ITEMS FOR MORE THAN 25 YEARS. OFFERED SPACE FOR A COMMUNITY INCUBATOR KITCHEN SUPPORTING LOCAL FOOD ENTREPENEURS. OTHER LOCAL FOODS PROGRAMS WERE COORDINATED WITH REGIONAL FARMERS AND AGRICULTURE PROFESSIONALS TO PROMOTE AND MARKET LOCAL LIVESTOCK AND FOOD PRODUCTS TO CONSUMER MARKETS.
YOUTH PROGRAMS: YOUTH EMPLOYMENT PROGRAMS PROVIDED LOCAL WORKSITES FOR 13 YOUTH WORKERS. ENGAGED AGENCIES AND COMMUNITY ORGANIZATIONS IN A YOUTH COALITION TO SUPPORT HIGHLAND YOUTH-RELATED INITIATIVES. SPONSORED THE HIGHLAND YOUTH PHILANTHROPY COUNCIL, A DYNAMIC YOUTH LEADERSHIP PROGRAMS FOR HIGH SCHOOL STUDENTS TO ENGAGE IN PHILANTHROPY EDUCATION AND GRANT MAKING TO LOCAL PROJECTS IN PARTNERSHIP WITH THE COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Windsor Betts Chair | OfficerTrustee | 2 | $0 |
Kenny Hodges Vice-Chair | OfficerTrustee | 0.5 | $0 |
Rick Moyers Treasurer | OfficerTrustee | 2 | $0 |
Bonnie Baxley Secretary | OfficerTrustee | 0.5 | $0 |
Ronnie Moyers Director | Trustee | 0.5 | $0 |
Mary Beth Gutshall Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,096 |
| All other contributions, gifts, grants, and similar amounts not included above | $191,272 |
| Noncash contributions included in lines 1a–1f | $35,664 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,368 |
| Total Program Service Revenue | $53,573 |
| Investment income | $245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,903 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $274,831 |
| 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. | $60,008 |
| Compensation of current officers, directors, key employees. | $35,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,139 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,262 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,209 |
| Advertising and promotion | $3,450 |
| Office expenses | $2,152 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,499 |
| Travel | $125 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,069 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $99,329 |
| Insurance | $19,411 |
| All other expenses | $4,074 |
| Total functional expenses | $311,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,508 |
| Savings and temporary cash investments | $152,703 |
| Pledges and grants receivable | $3,073 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,918,201 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,165 |
| Total assets | $3,118,650 |
| Accounts payable and accrued expenses | $10,381 |
| 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 | $143,039 |
| Other liabilities | $0 |
| Total liabilities | $153,420 |
| Net assets without donor restrictions | $2,950,669 |
| Net assets with donor restrictions | $14,561 |
| 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 | $3,118,650 |