Feeding Southwest Virginia
- Assets
- $21.0m
- Revenue
- $44.4m
- Investments
- $0.0
- Employees
- 78
- Location
- Salem, VA
- Founding
- 06/1999
- Data as of
- 06/2024
- EIN
- 54-1939556
Organization Overview
Feeding Southwest Virginia is located in Salem, VA. The organization was established in 1999. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2024, Feeding Southwest Virginia employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feeding Southwest Virginia 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, Feeding Southwest Virginia generated $44.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $41.7m during the year ending 06/2024. While expenses have increased by 2.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE FOOD AND OTHER RELATED PRODUCTS PRIMARILY TO MEMBER AGENCIES FOR DISTRIBUTION TO THOSE IN NEED, AND ALSO FOR DIRECT DISTRIBUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK DISTRIBUTED OVER 20 MILLION POUNDS OF FOOD AND OTHER DONATED PRODUCTS DURING THE YEAR ENDED JUNE 30, 2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Irvine President/ce | OfficerTrustee | 40 | $180,805 |
Robert Frampton Chief Oper. | Officer | 40 | $127,786 |
Lisa Claytor Chief Dev. O | Officer | 40 | $105,039 |
Allison Mcgee Chief Stateg | Officer | 40 | $100,048 |
David Argabright Chief Financ | Officer | 40 | $104,836 |
James E Geist Chief Tech O | Officer | 40 | $83,338 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tbs Construction Llc Construction Contractor | 6/29/19 | $549,865 |
Rkd Alpha Dog Direct Mail | 6/29/19 | $163,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,647 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,926,862 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,775,632 |
| Noncash contributions included in lines 1a–1f | $30,156,579 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,718,141 |
| Total Program Service Revenue | $4,301,027 |
| Investment income | $339,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,856 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,371,162 |
| 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. | $767,543 |
| Compensation of current officers, directors, key employees. | $417,051 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,113,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $506,902 |
| Payroll taxes | $291,740 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $959 |
| Fees for services: Accounting | $20,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $297,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $369,680 |
| Advertising and promotion | $59,581 |
| Office expenses | $444,207 |
| Information technology | $67,102 |
| Royalties | $0 |
| Occupancy | $522,661 |
| Travel | $16,476 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $137,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $711,601 |
| Insurance | $162,080 |
| All other expenses | $114,645 |
| Total functional expenses | $41,671,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,321 |
| Savings and temporary cash investments | $10,735,555 |
| Pledges and grants receivable | $67,084 |
| Accounts receivable, net | $1,114,827 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,337,909 |
| Prepaid expenses and deferred charges | $23,732 |
| Net Land, buildings, and equipment | $7,063,581 |
| Investments—publicly traded securities | $639,466 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,016,475 |
| Accounts payable and accrued expenses | $654,623 |
| Grants payable | $2,934 |
| Deferred revenue | $203,034 |
| 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 | $3,334,095 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,194,686 |
| Net assets without donor restrictions | $15,393,078 |
| Net assets with donor restrictions | $1,428,711 |
| 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 | $21,016,475 |