Leadership Donelson-Hermitage
- Assets
- $25.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hermitage, TN
- Founding
- 08/1998
- Data as of
- 06/2021
- EIN
- 62-1725821
Organization Overview
Leadership Donelson-Hermitage is located in Hermitage, TN. The organization was established in 1998. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Donelson-Hermitage 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 06/2021, Leadership Donelson-Hermitage generated $51.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $61.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO ENHANCE LEADERSHIP ABILITIES, ADDRESS ISSUES AND IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deann Bradford Executive Di | 0 | $43,500 | |
Howard Kittell Past Chair | 0 | $0 | |
Justin Willis Treasurer | 0 | $0 | |
Betsy Talley Board Member | 0 | $0 | |
Victor Wynn Chair Elect | 0 | $0 | |
Chris Morin Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,150 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $35,755 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,028 |
| Other Revenue | $0 |
| Total Revenue | $51,898 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,918 |
| Professional fees and other payments to independent contractors | $2,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $381 |
| Other expenses | $11,700 |
| Total expenses | $61,549 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,734 |
| Other assets | $0 |
| Total assets | $25,734 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,734 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Leadership Donelson-Hermitage has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Norfolk State University Research And Innovation Foundation Norfolk, VA | $25,278,732 | $5,808,933 |
Black Girl Ventures Foundation Fort Belvoir, VA | $2,941,094 | $3,288,394 |
Innovation Depot Inc Birmingham, AL | $15,832,125 | $3,165,143 |
Brightbridge Inc Chattanooga, TN | $120,622,501 | $3,473,186 |
Mississippi Life And Health Insurance Guaranty Association Jackson, MS | $33,007,367 | $1,692,715 |
Technology Entrepreneur Center Inc St Louis, MO | $14,793,185 | $1,740,629 |
National Institute Of Minority Economic Development Durham, NC | $8,985,701 | $1,722,745 |
The Southern Development Council Inc Mountain Brook, AL | $5,076,770 | $1,106,394 |
Winston Starts Winstonsalem, NC | $2,039,563 | $1,547,404 |
South Central Ozark Council Of Governments Pomona, MO | $2,561,241 | $1,014,983 |
The Catalyst Center For Business & Entrepreneurship Huntsville, AL | $634,732 | $1,362,873 |
Wilmington Business Development Wilmington, NC | $1,640,676 | $1,342,071 |