Hilton Head Island Deep Well Project is located in Hilton Head Island, SC. The organization was established in 1974. As of 12/2023, Hilton Head Island Deep Well Project employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hilton Head Island Deep Well Project 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, Hilton Head Island Deep Well Project generated $2.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ADDRESS THE BASIC NEEDS OF OUR CLIENTS TO FOSTER GREATER SELF- SUFFICIENCY, WHICH INCLUDES HELP WITH FOOD,RENT, UTILITY BILLS, HEALTH SERVICES, TRANSPORTATION, AND CRITICAL SAFETY FOCUS HOME REPAIRS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS PROVIDE A VARIETY OF SERVICES IN THE BASIC NEEDS SPECTRUM, INCLUDING BUT NOT LIMITED TO, FOOD, EMERGENCY RENT/MORTGAGE/UTILITY BILL AID, FURNITURE AND APPLIANCES, AND CRITICAL-NATURE, SAFETY HOME REPAIRS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary-Stuart Alderman Chair | OfficerTrustee | 15 | $0 |
Jan Johnson Treasurer | OfficerTrustee | 15 | $0 |
Charlotte Gill Secretary | OfficerTrustee | 10 | $0 |
Karen Bittman Member | Trustee | 5 | $0 |
Ted David Member | Trustee | 5 | $0 |
Enid Carranza Member | Trustee | 5 | $0 |
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 | $2,644,457 |
Noncash contributions included in lines 1a–1f | $610,981 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,644,457 |
Total Program Service Revenue | $56,674 |
Investment income | $188,077 |
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 | $2,889,208 |
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 | $486,362 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $38,721 |
Payroll taxes | $37,667 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $38,557 |
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 | $54,404 |
Insurance | $22,210 |
All other expenses | $125,148 |
Total functional expenses | $2,648,804 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,073,466 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $63,020 |
Accounts receivable, net | $8,011 |
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 | $22,111 |
Net Land, buildings, and equipment | $980,711 |
Investments—publicly traded securities | $7,100,549 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,247,868 |
Accounts payable and accrued expenses | $53,173 |
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 | $53,173 |
Net assets without donor restrictions | $9,013,201 |
Net assets with donor restrictions | $181,494 |
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 | $9,247,868 |