SOUTH HILL COMMUNITY DEVELOPMENT ASSOCIATION INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SOUTH HILL COMMUNITY DEVELOPMENT ASSOCIATION INC (EIN 54-1069345)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-11-14
- IRS object ID
- 201713189349310586
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T16:59:12-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541464038 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREEDLE JONES & ALGA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 487 | AddressLine1Txt |
| City | SOUTH HILL | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23970 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541069345 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH HILL COMMUNITY DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | ASSOCIATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 4344474547 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 S MECKLENBURG AVE | AddressLine1Txt |
| City | SOUTH HILL | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23970 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANK MALONE | PersonNm |
| Person Title | EXECUTIRVE DIRECTOR | PersonTitleTxt |
| Phone | 4344474547 | PhoneNum |
| Signature | 2017-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID V ALGA | PreparerPersonNm |
| PTIN | P00269090 | PTIN |
| Phone | 4344477111 | PhoneNum |
| Preparation | 2017-11-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | F8E8C302B45B67843F13B8EA9C208F1DCF85C19A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7DD2B39456CB59AEA4CBD3A4B9242964831D03B0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRANK MALONE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 522 PLEASANT ST | AddressLine1Txt |
| City | SOUTH HILL | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23970 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $374,768 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SOUTHHILLCHAMBER.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1977 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES FOR EDUCATION, THE ARTS, AND BUSINESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $362,805 | PYContributionsGrantsAmt |
| CY Contributions Grants | $348,288 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,500 | CYProgramServiceRevenueAmt |
| PY Investment Income | $190 | PYInvestmentIncomeAmt |
| CY Investment Income | $191 | CYInvestmentIncomeAmt |
| PY Other Revenue | $18,137 | PYOtherRevenueAmt |
| CY Other Revenue | $17,789 | CYOtherRevenueAmt |
| PY Total Revenue | $385,132 | PYTotalRevenueAmt |
| CY Total Revenue | $374,768 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $209,699 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $221,020 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $191,931 | PYOtherExpensesAmt |
| CY Other Expenses | $179,959 | CYOtherExpensesAmt |
| PY Total Expenses | $401,630 | PYTotalExpensesAmt |
| CY Total Expenses | $400,979 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$16,498 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$26,211 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,893,691 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,875,245 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $25,210 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,711 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,868,481 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,846,534 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES FOR EDUCATION, THE ARTS, AND BUSINESS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $229,101 | ExpenseAmt |
| Desc | PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES FOR EDUCATION, THE ARTS AND BUSINESS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $19,056 | ExpenseAmt |
| Desc | PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES IN EDUCATION, THE ARTS AND BUSINESS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $19,056 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $248,157 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANK MALONE | PersonNm |
| Phone | 4344474547 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 522 PLEASANT ST | AddressLine1Txt |
| City | SOUTH HILL | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23970 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| FRANK MALONE | ||||||
| EXECUTIRVE D | 40.00 | Yes (X) | Yes (X) | $60,107 | $0 | $0 |
| LJ DORNAK | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| LEROY SASSER | ||||||
| VP | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DEAN MARION | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| KIM CALLIS | ||||||
| PRESIDENT | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| TAMMY MANNING | ||||||
| TREASURER | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CARMEN TAYLOR | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| RYAN BARTHOLOMEW | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $60,107 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $315,866 | GovernmentGrantsAmt |
| All Other Contributions | $32,422 | AllOtherContributionsAmt |
| Total Contributions | $348,288 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BUSINESS DEV OPPORTUNITIES | Desc |
| Total Revenue Column | $8,500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,500 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,500 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $191 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $191 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| REIMBURSEMENTS - PAYROLL | $9,068 | $9,068 |
| REIMBURSEMENT - INSURANCE | $7,179 | $7,179 |
| REIMBURSEMENTS - COPIER | $1,500 | $1,500 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $17,789 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $374,768 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,480 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,107 | TotalAmt |
| Management And General | $60,107 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,327 | TotalAmt |
| Program Services | $75,766 | ProgramServicesAmt |
| Management And General | $44,561 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,345 | TotalAmt |
| Program Services | $534 | ProgramServicesAmt |
| Management And General | $4,811 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,355 | TotalAmt |
| Program Services | $5,023 | ProgramServicesAmt |
| Management And General | $19,332 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,886 | TotalAmt |
| Program Services | $1,089 | ProgramServicesAmt |
| Management And General | $9,797 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,575 | TotalAmt |
| Management And General | $5,575 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,850 | TotalAmt |
| Program Services | $54,800 | ProgramServicesAmt |
| Management And General | $50 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,600 | TotalAmt |
| Program Services | $1,600 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,542 | TotalAmt |
| Program Services | $1,605 | ProgramServicesAmt |
| Management And General | $937 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,565 | TotalAmt |
| Program Services | $86,913 | ProgramServicesAmt |
| Management And General | $7,652 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,771 | TotalAmt |
| Program Services | $1,771 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| PAINTING | $12,875 | $12,875 |
| CLEANING / MAINTENANCE | $2,850 | $2,850 |
| REPAIRS | $2,394 | $2,394 |
| SUPPLIES | $937 | $937 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400,979 | TotalAmt |
| Program Services | $248,157 | ProgramServicesAmt |
| Management And General | $152,822 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,269 | BOYAmt |
| EOY | $183,640 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $381,095 | BOYAmt |
| EOY | $381,286 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,843,660 | BOYAmt |
| EOY | $3,843,660 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,800 | BOYAmt |
| EOY | $4,400 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,612,254 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,149,995 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,498,867 | BOYAmt |
| EOY | $1,462,259 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,893,691 | BOYAmt |
| EOY | $5,875,245 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,210 | BOYAmt |
| EOY | $28,711 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,210 | BOYAmt |
| EOY | $28,711 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,772,776 | BOYAmt |
| EOY | $5,846,534 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,095,705 | BOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,868,481 | BOYAmt |
| EOY | $5,846,534 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,893,691 | BOYAmt |
| EOY | $5,875,245 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$26,211 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $4,264 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $246,585 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $252,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $302,599 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $338,805 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $348,288 | CurrentTaxYearAmt |
| Total | $1,488,777 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $246,585 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $252,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $302,599 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $338,805 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $348,288 | CurrentTaxYearAmt |
| Total | $1,488,777 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,488,777 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $401 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $207 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $190 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,190 | CurrentTaxYearMinus1YearAmt |
| Total | $4,988 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,110 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,075 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,137 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,906 | CurrentTaxYearMinus1YearAmt |
| Total | $130,228 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,623,993 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $26,480 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.91670 | PublicSupportCY170Pct |
| Public Support PY170 | 0.89160 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | MISC REIMBURSMENTS, RENTS, ETC. 106,228 PASS THROUGH GRANT 24,000 | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $158,597 | OtherCostOrOtherBasisAmt |
| Book Value | $158,597 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,250,074 | OtherCostOrOtherBasisAmt |
| Depreciation | $979,162 | DepreciationAmt |
| Book Value | $1,270,912 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $197,818 | OtherCostOrOtherBasisAmt |
| Depreciation | $165,068 | DepreciationAmt |
| Book Value | $32,750 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,765 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,765 | DepreciationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,462,259 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| COMPENSATED ABSENCES | $24,208 |
| PAYROLL TAXES PAYABLE | $3,994 |
| REFUNDABLE SECURITY DEPOSIT | $500 |
| ACCRUED TAXES PAYABLE | $9 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $28,711 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $374,768 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $374,768 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $374,768 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $400,979 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $400,979 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $400,979 | TotalExpensesPerForm990Amt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4D | PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES IN EDUCATION, THE ARTS AND BUSINESS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | DIRECTORS OF THE ASSOCIATION ARE APPOINTED BY THE MAYOR OF THE TOWN OF SOUTH HILL UPON THE ADVICE AND COUNSEL OF THE TOWN OF SOUTH HILL, AND BY THE PRESIDENT OF THE CHAMBER OF COMMERSE OF THE TOWN OF SOUTH HILL UPON THE ADVICE AND COUNSEL OF THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE TAX RETURN IS REVIEWED BEFORE SIGNING AND MAILING. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | DUES & SUBSCRIPTIONS 45 0 0 PICNIC IN THE PARK 13,014 0 0 TOBACCO MUSEUM 388 0 0 RAILROAD MUSEUM 1,524 0 0 COLONIAL THEATER 29,978 0 0 LCAKC 22,726 0 0 STATE REGISTRATION 0 50 0 REALLOCATE R&M LCAKC RENTAL -12,875 0 0 TOTAL 54,800 50 0 |