Holly Forest Association

Organization Overview

Holly Forest Association is located in Sapphire, NC. The organization was established in 1984. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holly Forest Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2022, Holly Forest Association generated $857.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $960.5k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MAINTENANCE, CARE, AND OPERATIONS OF COMMON AREAS AND ROADWAYS OWNED BY THE ASSOCIATION AND ACCESSIBLE BY THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTENANCE, CARE, AND OPERATIONS OF COMMON AREAS AND ROADWAYS OWNED BY THE ASSOCIATION AND ACCESSIBLE BY THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Donald Terrill
President
$0
John Daly
Vice Preside
$0
John Hill
Treasurer
$0
Michael Davidson
Director
$0
Melissa Mckinnon
Director
$0
Thomas Taulbee
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$857,460
Investment income $205
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 $857,665

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