Caney Creek Community Center is located in Pippa Passes, KY. The organization was established in 1955. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 07/2023, Caney Creek Community Center employed 271 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caney Creek Community Center 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 07/2023, Caney Creek Community Center generated $28.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $20.9m during the year ending 07/2023. While expenses have increased by 3.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ALICE LLOYD COLLEGE IS TO PROVIDE MOUNTAIN STUDENTS A QUALITY CHARACTER-BASED EDUCATION, REGARDLESS OF THEIR FINANCIAL ABILITY, AND TO PREPARE THEM FOR LEADERSHIP AND SERVICE IN THE APPALACHIAN REGION. NO STUDENT HAS EVER BEEN TURNED AWAY BECAUSE OF AN INABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION ALICE LLOYD COLLEGE (ALC) HAD AN ENROLLMENT OF 561 STUDENTS FOR THE FALL 2023 SEMESTER, 561 FULL-TIME AND 37 PART-TIME. FULL-TIME STUDENTS FROM OUR 108-COUNTY SERVICE AREA (INCLUDES PARTS OF KY, OH, TN, VA, AND WV) ARE GUARANTEED ABSOLUTELY NO OUT OF POCKET COSTS FOR TUITION. ALC IS ONE OF ONLY TEN WORK COLLEGES IN THE NATION THAT REQUIRES ALL FULL-TIME STUDENTS TO WORK AS A CONDITION FOR ENROLLMENT. EACH YEAR, THE COLLEGE SUPPORTS MANY ALUMNI AT GRADUATE AND PROFESSIONAL SCHOOLS THROUGH ITS CANEY SCHOLARS PROGRAM. THIS YEAR, FIFTY-SIX CANEY SCHOLARS ARE PURSUING DEGREES FOR THE 2023-2024 ACADEMIC YEAR (FORTY-ONE RETURNING SCHOLARS AND FIFTEEN NEW SCHOLARS). THE TOP AREAS OF STUDY FOR OUR SCHOLARS ARE: FOURTEEN PHARMACY, EIGHT MEDICAL, SIX PHYSICAL THERAPY, THREE LAW, OCCUPATIONAL THERAPY, OPTOMETRY AND PHYSISCIAN ASSISTANTS, TWO BIOMEDICAL SCIENCES, DENTISTRY, AND ENGLISH, AND ONE ENGINEERING. OVER THE COURSE OF THE YEAR, EIGHTEEN CANEY SCHOLARS WILL BE RESIDING AT THE CANEY COTTAGE IN LEXINGTON, KENTUCKY. THIRTEEN SCHOLARS COMPLETED THEIR PROGRAMS OF STUDY DURING THE 2022-2023 ACADEMIC YEAR. ALC PROVIDED 2,776,587 IN INSTITUTIONAL LEADERSHIP GRANTS AND 716,250 IN INSTITUTIONAL STUDENT WORK GRANTS FOR THE 2022-2023 FISCAL YEAR. THE PROGRAM SERVICE ACCOMPLISHMENTS INCLUDED GRADUATING 92 STUDENTS IN MAY 2023. THIRTY-EIGHT PERCENT OF ALC'S CLASS OF 2023 GRADUATED WITH NO STUDENT LOAN DEBT. THE AVERAGE LOAN DEBT FOR THE REMAINING ALC CLASS OF 2023 WAS 11,370 COMPARED TO A NATIONAL AVERAGE OF 28,950. APPROXIMATELY 80 PERCENT OF ALC GRADUATES SERVE THE APPALACHIAN AREA BASED UPON RESEARCH CONDUCTED BY THE OFFICE OF ALUMNI RELATIONS.
ACADEMIC EXPENSES 3,754,241. INCLUDING GRANTS OF 80,015. REVENUE 0. JUNE BUCHANAN EXPENSES 1,095,443. INCLUDING GRANTS OF 45,612. REVENUE 0. STUDENT AID EXPENSES 2,776,587, INCLUDING GRANTS OF 2,776,587. REVENUE 0.
AUXILIARY AUXILIARY COLLEGE HOUSING AND MEAL PLAN, ALONG WITH THE CAMPUS BOOKSTORE, CONCESSIONS, AND CAF, ARE PRIMARILY PART OF THE AUXILIARY SERVICES. THE CAMPUS HAS THE CAPACITY TO HOUSE NEARLY 625 STUDENTS WITH 473 STUDENTS LIVING IN THE DORMS FOR FALL 2023 COMPARED TO 484 STUDENTS LIVING IN THE DORMS FOR FALL 2022. THE COLLEGE TERMINATED ITS CONTRACT WITH AN ONLINE BOOK RETAILER AND PROVIDER IN THE SPRING OF 2023 TO MAKE THE MOVE TOWARDS OPEN EDUCATIONAL RESOURCES (A MORE VIABLE OPTION FOR OUR STUDENTS TO KEEP COSTS AS LOW AS POSSIBLE). OPEN EDUCATIONAL RESOURCES (OER) ARE FREE AND ACCESSIBLE TEACHING, LEARNING, AND RESEARCH RESOURCES THAT ARE FOUND IN THE PUBLIC DOMAIN OR HAVE BEEN RELEASED UNDER AN INTELLECTUAL PROPERTY LICENSE THAT PERMITS THEIR USE AND RE-PURPOSING BY OTHERS. THE COLLEGE HAS ALSO INVESTED 100,000 OF ITS OWN FUNDS, PROVIDED BY THE BOARD OF DIRECTORS IN THE FALL 2023 BOARD MEETING, TO PURCHASE ANY TEXTBOOKS FOR ANY COURSES OFFERED BY THE COLLEGE THAT CANNOT BE FOUND THROUGH THE OER DOMAIN FOR OUR STUDENTS. THE JUNE BUCHANAN SCHOOL (JBS) HAD AN ENROLLMENT OF 122 STUDENTS FOR FALL 2023 WITH 26 STUDENTS ENROLLED IN ALC COURSES FOR THE FALL SEMESTER. THE CANEY HONORS ACHIEVEMENT PROGRAM (CHAP) ENABLES JBS STUDENTS TO CHALLENGE THEMSELVES FURTHER IN THEIR STUDIES AND RECEIVE COLLEGE CREDITS WHILE IN HIGH SCHOOL.
STUDENT SERVICES STUDENT SERVICES PROGRAMS INCLUDE LEADERSHIP, EDUCATION, ATHLETICS, INTRAMURALS, COUNSELING, CAREER PLACEMENT, STUDENT ACTIVITIES BOARD (WHICH PLANS A STUDENT ACTIVITIES CALENDAR EACH SEMESTER), DINING FACILITIES, DORMITORY FACILITIES, BRIDGE PROGRAM (WHICH HELPS STUDENTS MAKE THE TRANSITION FROM HIGH SCHOOL TO COLLEGE), CONVOCATION SERIES, POLICE DEPARTMENT, AND SUMMER AND FALL ORIENTATIONS. CONSTRUCTION PROJECTS/CAMPUS IMPROVEMENTS ALICE LLOYD COLLEGE HAS COMPLETED CONSTRUCTION OF TWO NEW WOMEN'S RESIDENCE HALLS WITH THE FIRST, HERMANN HALL, COMPLETED AND OCCUPIED IN AUGUST 2021. HERMANN HALL HAS THE CAPACITY TO HOUSE 150 WOMEN AND CURRENTLY HOUSES 139 WOMEN DURING THE FALL 2023 SEMESTER. THE SECOND DORM, HOLMES HALL, WAS COMPLETED AND TOOK OCCUPANCY IN AUGUST 2023. HOLMES HALL HAS THE CAPACITY TO HOUSE 150 WOMEN AND CURRENTLY HOUSES 97 WOMEN DURING THE FALL 2023 SEMESTER. TOTAL OCCUPANCY IS ANTICIPATED TO BE 300 STUDENTS WITH ONLY TWO STUDENTS IN A ROOM. ALICE LLOYD COLLEGE HAS CONSTRUCTED THESE TWO NEW RESIDENCE HALLS WITHOUT INCURRING ANY DEBT. THE COLLEGE HAS BEGAN THE PROCESS OF REMODELING OUR THREE BOYS DORMITORIES (HOWARD MEMORIAL HALL, BERGER-AUEN HALL, AND CARRICK HALL). THE REMODEL FOR THE DORMS IS ESTIMATED AT 4.7 MILLION. THIS WILL BE AN ON-GOING PROCESS, WITH A GOAL TO BE COMPLETED WITH ALL REMODEL PHASES BY 2025. THE COLLEGE IS IN THE FINAL STAGES OF ADDING A CHAPEL BELL TOWER THAT WILL BE CENTRALLY LOCATED ON CAMPUS FOR ALL FACULTY, STAFF, AND STUDENTS. THE CHAPEL BELL TOWER IS AN EXCELLENT AND AESTHETICALLY PLEASING ADDITION TO THE COLLEGE CAMPUS. THE STRUCTURE IS APPROXIMATELY 400 SQUARE FEET WITH MULTIPLE LEVELS CONSTRUCTED ON DRILLED PIER CONCRETE FOUNDATIONS WITH GRADE BEAMS, STEM WALLS, SLAB-ON-GRADE WITH COLD FORMED AND STRUCTURAL STEEL FRAMING. THE PROJECT HAD A TOTAL COST OF 1.3 MILLION THAT WAS FULLY FUNDED BY FUNDRAISING EFFORTS OF THE PRESIDENT AND DEVELOPMENT OFFICE THROUGH GENEROUS DONORS AND ALUMNI. THE CATASTROPHIC FLOOD THAT WRECKED PARTS OF EASTERN KENTUCKY IN 2022 LEFT A LASTING IMPACT ON OUR COLLEGE CAMPUS. FOLLOWING THE FLOODING, THE COLLEGE, THROUGH A GENEROUS DONATION FROM AN OUTSIDE SOURCE, WAS ABLE TO BEGIN CONSTRUCTION ON A HALF MILE LONG RETAINING WALL ON BOTH SIDES OF CANEY CREEK THAT RUNS THROUGHOUT THE ENTIRE CAMPUS. THE PROJECT IS NEARING COMPLETION, WHICH SAW REPLACEMENTS AND IMPROVEMENTS TO ALL OF THE BRIDGES THROUGHOUT CAMPUS THAT WERE ALSO DAMAGED IN THE FLOODING. THE PROJECT IS ESTIMATED TO COST 7 MILLION AFTER CONSTRUCTION IS COMPLETED, ENTAILING SAFETY FENCING ALONG THE WALL, LANDSCAPING ALONG THE WALL, AND ASPHALT THROUGHOUT CAMPUS TO REPAIR THE PURPOSE ROAD. COMMUNITY SERVICE PROJECTS ALICE LLOYD COLLEGE CAMPUS MINISTRY, ACADEMIC FRATERNITY PHI BETA LAMDA (PBL), ATHLETICS, AND STUDENT SERVICES WERE ABLE TO PROVIDE FOR COMMUNITY NEEDS. PBL WAS ABLE TO INCREASE THE NUMBER OF SACK PACKS DELIVERED WEEKLY TO LOCAL NEEDY ELEMENTARY STUDENTS FROM THIRTY TO SIXTY. PBL ALSO PICKED UP A SECOND SCHOOL TO PREPARE BAGS FOR. THERE WERE A TOTAL OF TWENTY-TWO MEMBERS WHO PARTICIPATED THROUGHOUT THE YEAR. PBL MEMBERS ALSO SPONSORED AN ONLINE BOOK DRIVE FOR THE HINDMAN PRE-SCHOOL AND RECEIVED OVER SIXTY BOOKS WHICH WERE DELIVERED TO THE SCHOOL IN SEPTEMBER 2023 BEFORE CLASSES BEGAN. PBL ALSO HOSTED A SUCCESSFUL BREAST CANCER AWARENESS CAMPAIGN AND A MARCH OF DIMES CONVOCATION, WITH EACH EVENT RAISING FUNDS TO BE ALLOCATED TOWARDS THE COLLECTIVES. ADDITIONALLY, THE COLLEGE COMMUNITY PARTICIPATED IN BLOOD DRIVES AND ANIMAL SHELTER CLEANUP PROJECTS. CAMPUS MINISTRY ENTAILS UPHOLDING THE COLLEGE'S PHILOSOPHY THAT IS BASED ON CHRISTIAN FAITH AND PROMOTES CHRISTIAN PRINCIPLES AND VALUES. THE COLLEGES CAMPUS MINISTRY HAS AN ACTIVE STUDENT MINISTRY, WHICH IS OPEN TO ALL DENOMINATIONS. CAMPUS MINISTRIES VISITS LOCAL NURSING HOMES PERIODICALLY. STUDENTS PLAY BINGO, BIBLE TRIVIA GAMES, AND SINGS SONGS WITH RESIDENTS. THEY ALSO HAND OUT CROSSWORD PUZZLES, WORD SEARCHES, AND MAGAZINES. CAMPUS MINISTRIES ALSO SERVES AS A DROP OFF LOCATION FOR OPERATION CHRISTMAS CHILD. THROUGHOUT THE YEAR, CAMPUS MINISTRIES COLLECTED OVER ONE-THOUSAND SHOEBOXES THAT WERE SENT TO CHILDREN AROUND THE WORLD. STUDENTS IN THE WORK-STUDY PROGRAM COMPLETED 37,809 WORK HOURS IN AREAS DESIGNATED AS COMMUNITY SERVICE POSITIONS. 32,695 HOURS WERE DESIGNATED WORK COLLEGE WORK-STUDY AND FEDERAL WORK-STUDY, WHILE 5,114 HOURS WERE PAID WITH INSTITUTIONAL DOLLARS. COMMUNITY SERVICE JOBS INCLUDE THE JUNE BUCHANAN SCHOOL, THE CHILD DEVELOPMENT CENTER, THE LIBRARY, THE CRAFT SHOP AND CHRISTMAS PRETTIES PROGRAM, MARKETING, BOTH THE HUNGER DIN AND MISS IRMA'S CAF, AS WELL AS THE POLICE DEPARTMENT. WE ARE ALSO REQUIRED TO EMPLOY STUDENTS AS READING AND MATH TUTORS AND THOSE STUDENTS COMPLETED 1,026 HOURS WITHIN THOSE AREAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Stepp Chancellor | 70 | $184,113 | |
Jessie Wilks V.P. Busines | Officer | 50 | $89,668 |
Dwight J Baum Member | Trustee | $0 | |
Robert M Duncan Chairman | OfficerTrustee | $0 | |
Dr Jerry Davis Member | Trustee | $0 | |
Jerry L Edwards Member | Trustee | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pioneer College Caterers Inc Food Service | 7/30/23 | $937,216 |
Alliance Corporation Contracting | 7/30/23 | $3,212,432 |
C&t Builders Contracting | 7/30/23 | $746,616 |
Furniture Solutions For The Workplac Furniture/equip | 7/30/23 | $624,112 |
Jra Contracting | 7/30/23 | $589,527 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,287,200 |
All other contributions, gifts, grants, and similar amounts not included above | $14,644,953 |
Noncash contributions included in lines 1a–1f | $466,488 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,932,153 |
Total Program Service Revenue | $10,911,614 |
Investment income | $2,112,139 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $157,128 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$166,426 |
Miscellaneous Revenue | $0 |
Total Revenue | $28,663,945 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,776,587 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $409,709 |
Compensation of current officers, directors, key employees. | $89,668 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,841,184 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,487,105 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $83,532 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $122,695 |
Advertising and promotion | $79,313 |
Office expenses | $1,261,956 |
Information technology | $27,812 |
Royalties | $0 |
Occupancy | $244,238 |
Travel | $151,190 |
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 | $2,807,431 |
Insurance | $800,921 |
All other expenses | $244,243 |
Total functional expenses | $20,939,517 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,136,555 |
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 | $27,188 |
Prepaid expenses and deferred charges | $379,456 |
Net Land, buildings, and equipment | $61,555,043 |
Investments—publicly traded securities | $0 |
Investments—other securities | $75,315,645 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,019,016 |
Total assets | $148,432,903 |
Accounts payable and accrued expenses | $3,690,184 |
Grants payable | $0 |
Deferred revenue | $31,067 |
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 | $926,323 |
Total liabilities | $4,647,574 |
Net assets without donor restrictions | $109,323,160 |
Net assets with donor restrictions | $34,462,169 |
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 | $148,432,903 |