Cumberland Community Options Inc
- Assets
- $662.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 20
- Location
- Nashville, TN
- Founding
- 03/2000
- Data as of
- 06/2023
- EIN
- 62-1794589
Organization Overview
Cumberland Community Options Inc is located in Nashville, TN. The organization was established in 2000. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2023, Cumberland Community Options Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cumberland Community Options 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 06/2023, Cumberland Community Options Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $975.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 4 years. 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
SEE ATTACHED STATEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SERVICES TO PERSONS WITH INTELLECTUAL, DEVELOPMENTAL AND OTHER DISABILITIES IN THE AREAS OF SUPPORTED LIVING, SPECIALIZED EQUIPMENT SUPPLIES AND PERSONAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Harding Exec. Director | Officer | 40 | $98,148 |
Linda Hinton Board Member | Trustee | 1 | $0 |
James Wallace Secretary | Trustee | 1 | $0 |
Nancy Brenner President | Trustee | 2 | $0 |
Steve Brenner Treasurer | Trustee | 1 | $0 |
Joe Toney Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,384 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $1,384 |
| Total Program Service Revenue | $924,147 |
| Investment income | $0 |
| 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 | $1,060,838 |
| 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. | $98,238 |
| Compensation of current officers, directors, key employees. | $13,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $507,154 |
| Pension plan accruals and contributions | $7,051 |
| Other employee benefits | $91,926 |
| Payroll taxes | $49,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| 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 | $1,503 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $38,842 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,714 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,295 |
| Insurance | $17,978 |
| All other expenses | $74,068 |
| Total functional expenses | $975,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,286 |
| 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 | $0 |
| Net Land, buildings, and equipment | $492,364 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $662,521 |
| Accounts payable and accrued expenses | $42,177 |
| 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 | $85,660 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $127,837 |
| Net assets without donor restrictions | $534,684 |
| 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 | $662,521 |