Community Relief Organization Of Mt Holly Nc
- Assets
- $481.4k
- Revenue
- $615.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Mount Holly, NC
- Founding
- 08/1993
- Data as of
- 06/2021
- EIN
- 56-1790303
Organization Overview
Community Relief Organization Of Mt Holly Nc is located in Mount Holly, NC. The organization was established in 1993. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Community Relief Organization Of Mt Holly NC employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Relief Organization Of Mt Holly NC 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 06/2021, Community Relief Organization Of Mt Holly NC generated $615.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $541.8k during the year ending 06/2021. While expenses have increased by 20.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MT HOLLY CRO IS A UNITED WAY AGENCY. IT PROVIDES FOOD AND LIMITED HOUSEHOLD GOODS FOR MEN, WOMEN AND CHILDREN IN THE COMMUNITY. IT ALSO OFFERS FINANCIAL ASSISTANCE FOR ELECTRIC, RENT, WATER, AND HEART AND BLOOD PRESSURE MEDICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRO ASSISTS TO RELIEVE THE HARDSHIPS OF EMERGENCY SITUATIONS THAT COME TO THOSE IN THE COMMUNITY, AND TO HELP THEM IMPROVE THEIR QUALITY OF LIFE. FINANCIALLY AND SPIRITUALLY IT RECEIVES ITS SUPPORT AND PROVIDES ASSISTANCE TO THE NEEDY IN THE MOUNT HOLLY, NC AREA.
CRO ASSISTS TO RELIEVE THE HARDSHIPS OF EMERGENCY SITUATIONS THAT COME TO THOSE IN THE COMMUNITY, AND TO HELP THEM IMPROVE THEIR QUALITY OF LIFE. FINANCIALLY AND SPIRITUALLY IT RECEIVES ITS SUPPORT AND PROVIDES ASSISTANCE TO THE NEEDY IN THE MOUNT HOLLY, NC AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Painter Treasurer | OfficerTrustee | 5.25 | $2,700 |
Rev Mike Carr Chair/president | OfficerTrustee | 1 | $0 |
Dave Vanek Vice President | OfficerTrustee | 1 | $0 |
Peggy Mcglohon Secretary | OfficerTrustee | 1 | $0 |
Doug Bradley Director | Trustee | 1 | $0 |
Candice Self Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $25,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,763 |
| All other contributions, gifts, grants, and similar amounts not included above | $548,460 |
| Noncash contributions included in lines 1a–1f | $405,779 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $597,223 |
| Total Program Service Revenue | $0 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,108 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $615,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $492,890 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,700 |
| Compensation of current officers, directors, key employees. | $729 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,513 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,028 |
| 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 | $7,500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,524 |
| Royalties | $0 |
| Occupancy | $6,156 |
| 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 | $6,570 |
| Insurance | $4,700 |
| All other expenses | $0 |
| Total functional expenses | $541,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,891 |
| Savings and temporary cash investments | $59,253 |
| Pledges and grants receivable | $15,000 |
| 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 | $40,268 |
| Prepaid expenses and deferred charges | $2,015 |
| Net Land, buildings, and equipment | $201,008 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $481,435 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $445,421 |
| Net assets with donor restrictions | $36,014 |
| 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 | $481,435 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Community Relief Organization Of Mt Holly Nc has recieved totaling $18,892.
| Awarding Organization | Amount |
|---|---|
United Way Of Gaston County Inc Gastonia, NC PURPOSE: GENERAL SUPPORT | $15,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $3,571 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $221 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Palmetto Goodwill North Charleston, SC | $100,114,143 | $50,949,954 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Inter-Faith Food Shuttle Raleigh, NC | $8,299,507 | $23,329,525 |
Total Action Against Poverty In Roanoke Valley Roanoke, VA | $8,696,425 | $23,450,227 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |