Thrive Asheville Inc
- Assets
- $146.1k
- Revenue
- $319.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Asheville, NC
- Founding
- Data as of
- 06/2022
- EIN
- 87-1110868
Organization Overview
Thrive Asheville Inc is located in Asheville, NC. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Thrive Asheville Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrive Asheville Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THRIVE ASHEVILLE'S MISSION IS TO COLLABORATE WITH LOCAL RESIDENTS AND LEADERS FROM DIVERSE PERSPECTIVES TO UNDERSTAND OUR CITY'S CHALLENGES, FORGE NEW RELATIONSHIPS, AND ACT ON THE BEST SOLUTIONS TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LANDLORD-TENANT PARTNERSHIP PROGRAM - MATCHES POTENTIAL LANDLORDS WITH TENANTS WHO WANT TO MOVE FROM PUBLIC HOUSING TO PRIVATE RENTALS USING HOUSING CHOICE VOUCHERS.
IDEAS TO ACTION LEADERSHIP FORUM FACILITATES A COHORT OF 30+ DIVERSE COMMUNITY LEADERS IN A TWO-YEAR PROGRAM TO STUDY AND ANALYZE A PROBLEM TOGETHER, THEN FACILITATE ACTIONABLE SOLUTIONS.
THE FINDING HOME PROJECT PROVIDES A COMMUNITY RESOURCE TO LEVEL-UP UNDERSTANDING OF HOW OUR COMMUNITY IS BEING IMPACTED BY THE AFFORDABLE HOUSING CRISIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Mcguire Chair | OfficerTrustee | 1 | $0 |
Adrian Vassallo Treasurer | OfficerTrustee | 1 | $0 |
Frank Castelblanco Board Member | Trustee | 1 | $0 |
Liz Button Board Member | Trustee | 1 | $0 |
Larry Crosby Board Member | Trustee | 1 | $0 |
Ehren Cruz Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,156 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,156 |
| Total Program Service Revenue | $0 |
| 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 | $319,156 |
| 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. | $65,192 |
| Compensation of current officers, directors, key employees. | $26,077 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,770 |
| Payroll taxes | $7,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,662 |
| Fees for services: Accounting | $7,023 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,212 |
| Advertising and promotion | $10,204 |
| Office expenses | $5,215 |
| Information technology | $1,118 |
| Royalties | $0 |
| Occupancy | $2,968 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,483 |
| Interest | $142 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $664 |
| All other expenses | $0 |
| Total functional expenses | $178,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,065 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $146,065 |
| Accounts payable and accrued expenses | $5,596 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,596 |
| Net assets without donor restrictions | $140,469 |
| 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 | $146,065 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thrive Asheville Inc has recieved totaling $17,500.
| Awarding Organization | Amount |
|---|---|
Susan & Charles Shanor Ct 121896 Asheville, NC PURPOSE: PROVIDE HOUSING FOR HOMELESS | $10,000 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: BUILDING COMMUNITY & ECONOMIC VITALITY | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Americans For Prosperity Arlington, VA | $36,122,323 | $113,776,550 |
Self Help Ventures Fund Durham, NC | $1,059,061,327 | $60,531,771 |
Carter Street Corporation Chattanooga, TN | $16,714,346 | $6,596,539 |
Charlotte Center City Partners Charlotte, NC | $3,090,178 | $6,164,890 |
Venture Richmond Inc Richmond, VA | $7,025,585 | $5,575,003 |
Catawba Regional Council Of Governments Rock Hill, SC | $18,118,741 | $10,188,786 |
Enterprise Center Inc Chattanooga, TN | $3,677,488 | $5,998,300 |
Common Ground Alliance Alexandria, VA | $4,149,136 | $2,873,132 |
Metanoia North Charleston, SC | $10,676,090 | $4,102,984 |
Forward Cities Inc Durham, NC | $1,196,373 | $2,460,187 |
Industrial Commons Morganton, NC | $6,060,975 | $4,558,553 |
Partners In Ministry Laurinburg, NC | $1,633,972 | $2,541,350 |