Model Communities Association
- Assets
- $24.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 81-4775968
Organization Overview
Model Communities Association is located in Asheville, NC. The organization was established in 2017. According to its NTEE Classification (Y19) the organization is classified as: Support N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Model Communities Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Model Communities Association generated $73.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $75.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
MODEL COMMUNITIES ASSOCIATION CULTIVATES, FOSTERS, AND FACILITATES ARRANGEMENTS THAT BUILD TRUST THROUGH THE SHARING OF RESOURCES AND RESPONSIBILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Williamson Chair Of Root Circle | 3 | $0 | |
Amy A Kemp Secretary And Executive Director | 12 | $0 | |
Michele Sneed Facilitator Of Root Circle | 0 | $0 | |
Carl Nyberg Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $73,647 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,690 |
| 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 | $4,708 |
| Occupancy, rent, utilities, and maintenance | $68,423 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,391 |
| Total expenses | $75,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,701 |
| Other assets | $0 |
| Total assets | $24,001 |
| Total liabilities | $7,674 |
| Net assets or fund balances | $16,327 |