Hilton Head Island Deep Well Project
- Assets
- $8.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Hilton Head Island, SC
- Founding
- 03/1974
- Data as of
- 12/2022
- EIN
- 57-0566098
Organization Overview
Hilton Head Island Deep Well Project is located in Hilton Head Island, SC. The organization was established in 1974. As of 12/2022, 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 12/2022, Hilton Head Island Deep Well Project generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 8.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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.
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 |
|---|---|---|---|
Sandy Gillis Executive Di | 40 | $114,967 | |
Mary-Stuart Alderman Chair | OfficerTrustee | 15 | $0 |
Charlotte Gill Secretary | OfficerTrustee | 10 | $0 |
Jan Johnson Treasurer | OfficerTrustee | 15 | $0 |
Karen Bittman Member | Trustee | 5 | $0 |
Ted David Member | Trustee | 5 | $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 | $2,170,199 |
| Noncash contributions included in lines 1a–1f | $502,323 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,170,199 |
| Total Program Service Revenue | $58,645 |
| Investment income | $117,272 |
| 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 | $2,346,116 |
| 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 | $377,091 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,802 |
| Payroll taxes | $30,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| 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 | $38,414 |
| 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 | $51,673 |
| Insurance | $18,649 |
| All other expenses | $56,531 |
| Total functional expenses | $1,940,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,161,685 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $98,500 |
| 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 | $18,351 |
| Net Land, buildings, and equipment | $950,808 |
| Investments—publicly traded securities | $6,022,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,259,376 |
| Accounts payable and accrued expenses | $26,623 |
| 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 | $26,623 |
| Net assets without donor restrictions | $8,137,050 |
| Net assets with donor restrictions | $95,703 |
| 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 | $8,259,376 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hilton Head Island Deep Well Project has recieved totaling $43,226.
| Awarding Organization | Amount |
|---|---|
Heritage Classic Foundation Hilton Head Island, SC PURPOSE: GENERAL FUND | $43,226 |
Endowment Analysis
| Beg. Balance | $4,561,337 |
| Earnings | -$722,912 |
| Net Contributions | $808 |
| Ending Balance | $3,837,742 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Endowment Forforestry And Communities Inc Greenville, SC | $281,516,467 | $12,302,581 |
National Recreation & Park Association Ashburn, VA | $21,753,457 | $20,081,113 |
Call2recycle Inc Atlanta, GA | $26,593,220 | $16,652,200 |
Naples Botanical Garden Inc Naples, FL | $57,624,895 | $16,619,674 |
Global Environment & Technology Foundation Arlington, VA | $13,937,500 | $15,203,934 |
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
National Council Of The Paper Ind For Air & Stream Improvement Inc Cary, NC | $17,154,248 | $16,332,109 |
The Conservancy Of Southwest Florida Inc Naples, FL | $94,704,498 | $12,247,834 |
Council On Library And Information Resources Alexandria, VA | $9,356,231 | $5,065,712 |
Brookgreen Gardens Pawleys Island, SC | $64,590,978 | $20,787,822 |
Beaufort County Open Land Trust Inc Beaufort, SC | $14,492,807 | $10,201,216 |
Kenneth Kirchman Foundation Inc Saint Cloud, FL | $167,300,006 | $1,378,162 |