The Heritage Association Of Rogersville
- Assets
- $812.5k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 50
- Location
- Rogersville, TN
- Founding
- 08/1981
- Data as of
- 12/2022
- EIN
- 58-1437894
Organization Overview
The Heritage Association Of Rogersville is located in Rogersville, TN. The organization was established in 1981. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Heritage Association Of Rogersville employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Association Of Rogersville 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, Heritage Association Of Rogersville generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 8.3% 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
PRESERVATION AND RESTORATION OF LOCAL HISTORICAL SITE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORIC HALE SPRINGS INN-HISTORIC INN PURCHASED AND RESTORED WITH THE ASSISTANCE OF THE TOWN OF ROGERSVILLE AND THE STATE OF TENNESSEE.
HERITAGE DAYS/HERITAGE LITES-FESTIVAL OF LOCAL CRAFTSMENT,ARTISTS AND INCOME FROM BOOTH SALES, GAMES, AND SPONSORSHIPS.
HISTORIC DEPOT WITH MUSEUM. DEPOT WITH A MUSEUM THAT INCLUDES EARLY 20TH CENTURY PRINTING EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Elmore President | OfficerTrustee | 0 | $0 |
William Phillips Vice President | OfficerTrustee | 0 | $0 |
Danny Brooks Board Member | Trustee | 0 | $0 |
Elizabeth R Smith Treasurer | OfficerTrustee | 10 | $0 |
Brock Gladson Board Member | Trustee | 0 | $0 |
Gabe Brooks Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,850 |
| Fundraising events | $4,857 |
| Related organizations | $0 |
| Government grants | $55,391 |
| 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 | $74,098 |
| Total Program Service Revenue | $1,184,401 |
| Investment income | $108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,135 |
| 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 | $1,267,742 |
| 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. | $39,396 |
| Compensation of current officers, directors, key employees. | $39,396 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $374,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $45,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,475 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36,064 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,206 |
| Insurance | $33,720 |
| All other expenses | $122,337 |
| Total functional expenses | $1,247,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,772 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,094 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $615,393 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,230 |
| Other assets | $0 |
| Total assets | $812,489 |
| Accounts payable and accrued expenses | $39,162 |
| 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 | $590,768 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $629,930 |
| Net assets without donor restrictions | $182,559 |
| Net assets with donor restrictions | $0 |
| 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 | $812,489 |