Gardens Of Wood Village Inc is located in Sweetwater, TN. The organization was established in 1997. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gardens Of Wood Village Inc 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 03/2022, Gardens Of Wood Village Inc generated $40.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $65.6k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED 12 UNITS OF HOUSING TO LOW INCOME ELDERLY PERSONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mrs Wilma Wood President | 1 | $0 | |
Keith Shope Treasurer/secretary | 1 | $0 | |
Steve Bolin Board Member | 1 | $0 | |
Walter Daffron Board Member | 1 | $0 | |
Dr Richard Buchanan Board Member | 1 | $0 | |
Missy Boruff Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,023 |
Total Program Service Revenue | $39,637 |
Membership dues | $0 |
Investment income | $19 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $40,679 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $23,988 |
Printing, publications, postage, and shipping | $141 |
Other expenses | $41,477 |
Total expenses | $65,606 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,805 |
Other assets | $0 |
Total assets | $259,632 |
Total liabilities | $703,127 |
Net assets or fund balances | -$443,495 |
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