Belmont Community Organization
- Assets
- $435.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Belmont, NC
- Founding
- 06/1956
- Data as of
- 06/2023
- EIN
- 56-6054647
Organization Overview
Belmont Community Organization is located in Belmont, NC. The organization was established in 1956. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmont Community Organization 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 06/2023, Belmont Community Organization generated $165.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $122.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING EMERGENCY ASSISTANCE WITH THE BASIC NEEDSOF FOOD, CLOTHING, UTILITIES, MEDICINE, AND HOUSING FORNEEDY FAMILIES AND INDIVIDUALS IN THE GREATER BELMONT AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Lanier President | 0 | $0 | |
Name Not Listed Director | 0 | $0 | |
Judy Maren Director | 0 | $0 | |
Mitzy Bondurant Vice President | 0 | $0 | |
Gary Hamilton Treasurer | 0 | $0 | |
Grace Keel Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,615 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21,811 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,426 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,319 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $22,624 |
| Printing, publications, postage, and shipping | $2,807 |
| Other expenses | $42,073 |
| Total expenses | $122,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $402,652 |
| Other assets | $0 |
| Total assets | $435,432 |
| Total liabilities | $3,126 |
| Net assets or fund balances | $432,306 |