Chapel By The Lake Inc
- Assets
- $18.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Linville, NC
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 81-0553116
Organization Overview
Chapel By The Lake Inc is located in Linville, NC. The organization was established in 2002. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chapel By The Lake 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 12/2021, Chapel By The Lake Inc generated $18.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $22.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 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
THE ORGANIZATION SOLICITED CONTRIBUTIONS FROM COMMUNITY CITIZENS WITH THE EXPRESS PURPOSE OF RAISING FUNDS TO BE DISTRIBUTED TO LOCAL QUALIFIED CHARITIES IN ORDER TO SUPPORT THEIR CHARITABLE CAUSES. DURING 2021, THIS ORGANIZATION PROVIDED FUNDING TO 14 TAX EXEMPT QUALIFIED CHARITIES LOCATED IN THE AVERY COUNTY COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Fuller Senior Advisor | 1 | $0 | |
Craig Gourley Co-Chair | 2 | $0 | |
Bill Whitley Co-Chair | 2 | $0 | |
Richard Foutz Treasurer | 2 | $0 | |
Vicki Fuller Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,138 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,138 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $29 |
| Other expenses | $2,041 |
| Total expenses | $22,270 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,571 |
| Other assets | $0 |
| Total assets | $18,571 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,571 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chapel By The Lake Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
The Bobby And Gloria Martin Foundation Raleigh, NC PURPOSE: TO SUPPORT LOCAL PROGRAMS AND GIVE BACK TO THE SURROUNDING COMMUNITY. | $2,000 |
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|---|---|---|
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Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
South Carolina Christian Foundation Spartanburg, SC | $40,412,678 | $17,223,785 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |
Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
Cabarrus Cooperative Christian Ministry Inc Concord, NC | $3,832,033 | $7,565,999 |
Providence Ministries Inc Dalton, GA | $6,212,621 | $7,183,854 |
Clover Garden School Inc Burlington, NC | $26,998,192 | $6,754,546 |
Christian Light Publications Inc Harrisonburg, VA | $15,496,794 | $6,422,762 |