Alleghany Wellness Center Inc
- Assets
- $1.8m
- Revenue
- $289.4k
- Investments
- $0.0
- Employees
- 13
- Location
- Sparta, NC
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 56-2043320
Organization Overview
Alleghany Wellness Center Inc is located in Sparta, NC. The organization was established in 1998. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2021, Alleghany Wellness Center Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alleghany Wellness Center 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 12/2021, Alleghany Wellness Center Inc generated $289.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $318.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. 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
COMMUNITY HEALTH PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ESTABLISH AND ADMINISTER COMMUNITY HEALTH PROGRAMS TO RESIDENTS OF ALLEGHANY COUNTY AND SURRONDING AREA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Andrews Chairperson | OfficerTrustee | 5 | $0 |
Michael Dubose Treasurer | OfficerTrustee | 5 | $0 |
Terry Edwards Secretary | OfficerTrustee | 2 | $0 |
Brian Shaw Director | Trustee | 2 | $0 |
Jean Irvin Director | Trustee | 2 | $0 |
Wanda Hamm Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,026 |
| Related organizations | $0 |
| Government grants | $38,467 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,859 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,352 |
| Total Program Service Revenue | $128,515 |
| Investment income | $4,449 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,042 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,432 |
| 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 | $81,398 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,570 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $788 |
| Office expenses | $9,280 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,994 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,967 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,199 |
| Insurance | $15,418 |
| All other expenses | $49,845 |
| Total functional expenses | $318,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,075 |
| Savings and temporary cash investments | $68,721 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $926 |
| 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 | $1,629,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,007 |
| Total assets | $1,767,895 |
| Accounts payable and accrued expenses | $8,160 |
| 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 | $55,237 |
| Other liabilities | $1,662 |
| Total liabilities | $65,059 |
| Net assets without donor restrictions | $1,634,115 |
| Net assets with donor restrictions | $68,721 |
| 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 | $1,767,895 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alleghany Wellness Center Inc has recieved totaling $10,700.
| Awarding Organization | Amount |
|---|---|
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 3 GRANT(S) FOR VARYING PURPOSES | $10,200 |
The Little Farm Foundation Glade Valley, NC PURPOSE: WELLNESS AND FITNESS PROGRAMS | $500 |
Endowment Analysis
| Beg. Balance | $64,272 |
| Earnings | $5,125 |
| Admin Expense | $676 |
| Ending Balance | $68,721 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Medical Society Employee Benefit Trust Raleigh, NC | $37,037,700 | $53,921,759 |
Careteam Plus Inc Conway, SC | $12,276,061 | $18,891,024 |
Whitfield Healthcare Foundation Inc Dalton, GA | $80,346,613 | $10,956,602 |
Florida Laborers Health Fund Goodlettsville, TN | $21,527,387 | $8,809,889 |
National Organization Of Life And Health Insurance Guaranty Assocs Herndon, VA | $20,054,477 | $6,345,188 |
Roper St Francis Foundation Ladson, SC | $53,287,068 | $15,997,832 |
West Tennessee Healthcare Foundation Jackson, TN | $50,344,324 | $8,274,920 |
Pqa Inc Alexandria, VA | $9,185,809 | $6,455,435 |
National Medical Fellowships Inc alexandria, VA | $7,616,684 | $5,946,697 |
National Automobile Dealers Association Health Benefit Plan Tysons, VA | $274,352 | $3,896,581 |
Life And Health Insurance Foundation For Education Arlington, VA | $4,929,760 | $3,872,608 |
Piedmont Care Inc Spartanburg, SC | $2,595,965 | $3,204,835 |