Communityworks In West Virginia Inc
- Assets
- $3.9m
- Revenue
- $675.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Charleston, WV
- Founding
- 10/1991
- Data as of
- 12/2023
- EIN
- 55-0706467
Organization Overview
Communityworks In West Virginia Inc is located in Charleston, WV. The organization was established in 1991. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Communityworks In West Virginia Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Communityworks In West Virginia 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 12/2023, Communityworks In West Virginia Inc generated $675.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $456.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITYWORKS IN WEST VIRGINIA (CWWV) CREATES HOUSING AND COMMUNITY DEVELOPMENT SOLUTIONS FOR ALL WEST VIRGINIANS THROUGH A NETWORK OF MEMBER ORGANIZATIONS. CWWV CARRIES OUT ITS MISSION BY PROVIDING EFFECTIVE TRAINING AND TECHNICAL ASSISTANCE TO LOCAL HOUSING ORGANIZATIONS; DEVELOPING SUSTAINABLE CAPITAL INVESTMENTS IN LOCAL HOUSING; ADVOCATING FOR SOUND HOUSING POLICIES; AND INCREASING PUBLIC AWARENESS OF LOCAL HOUSING ISSUES THROUGHOUT WEST VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORY OF THE ORGANIZATIONCOMMUNITYWORKS IN WEST VIRIGNIA, INC. (CWWV) IS A STATEWIDE MEMBERSHIP ORGANIZATION MADE UP OF 20 LOCAL AGENCIES THAT PROVIDE HOUSING-RELATED SERVICES THROUGHOUT THE STATE OF WEST VIRGINIA. CWWV WAS ESTABLISHED IN 1991 AND IS CERTIFIED BY THE UNITED STATES DEPARTMENT OF THE TREASURY AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). CWWV HAS BEEN A CHARTERED MEMBER OF NEIGHBORWORKS AMERICA SINCE 1996. THE MISSION OF CWWV IS TO CREATE HOUSING AND COMMUNITY DEVELOPMENT SOLUTIONS FOR WEST VIRGINIANS THROUGH A NETWORK OF MEMBER ORGANIZATIONS. CWWV CARRIES OUT ITS MISSION BY PROVIDING EFFECTIVE TRAINING AND TECHNICAL ASSISTANCE TO LOCAL HOUSING ORGANIZATIONS; DEVELOPING SUSTAINABLE CAPITAL INVESTMENTS TO LOCAL HOUSING. DESPITE THE GLOBAL PANDEMIC, CWWV WAS ABLE TO CONTINUE WITH ITS MISSION, ITS PROGRAMS,AND ITS REGULATORY COMPLIANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Mcmurray President | OfficerTrustee | 1 | $0 |
Dave Clark Past President | OfficerTrustee | 1 | $0 |
Kathy Gentry Vice President | OfficerTrustee | 1 | $0 |
Theodore Ranson Secretary | OfficerTrustee | 1 | $0 |
Robin Kees Treasurer | OfficerTrustee | 1 | $0 |
Belinda Harness Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,200 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $607,611 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $611,811 |
| Total Program Service Revenue | $2,022 |
| Investment income | $59,323 |
| 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 | $675,184 |
| 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. | $76,125 |
| Compensation of current officers, directors, key employees. | $15,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $112,354 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $58,980 |
| Payroll taxes | $15,693 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,313 |
| Advertising and promotion | $296 |
| Office expenses | $9,466 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,320 |
| Travel | $21,211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,990 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,256 |
| Insurance | $7,935 |
| All other expenses | $6,051 |
| Total functional expenses | $456,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,245,347 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $21,581 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,251,657 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,295 |
| Net Land, buildings, and equipment | $271,624 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $135,000 |
| Total assets | $3,926,504 |
| Accounts payable and accrued expenses | $10,196 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $6,299 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $424,620 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $192,540 |
| Total liabilities | $633,655 |
| Net assets without donor restrictions | $2,444,617 |
| Net assets with donor restrictions | $848,232 |
| 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 | $3,926,504 |
Grants Awarded
Over the last fiscal year, Communityworks In West Virginia Inc has awarded $44,866 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SHED PURPOSE: ENGINEERING AND SURVEY DEVELOPMENT SERVICES GRANT/SITE DEVELOPMENT SERVICES GRANT | $10,000 |
MOUNTAIN CAP OF WV PURPOSE: MARKET ANALYSIS BRAXTON/UPSHIRE/WEBSTER COUNTY DEVELOPMENT SERVICES GRANT | $15,000 |
WOODLANDS DEVELOPMENT LENDERS PURPOSE: 2017 DEVELOPMENT SERVICES GRANT MAIN STREET APARTMENTS | $10,000 |
WOODLANDS DEVELOPMENT GROUP PURPOSE: CLOSING/MISCELLANEOUS SERVICES | $9,866 |