2017-10-11T12:08:56-05:00 2017-06-30 561607661 LOWDERMILK CHURCH & CO LLP 121 NORTH STERLING STREET MORGANTON NC 28655 990 2016-07-01 561348489 SALT BLOCK FOUNDATION INC SALT 8283244906 243 THIRD AVE NE BOX 7 HICKORY NC 28601 RUSTY ISENHOUR TREASURER 8283244906 2017-09-19 1 JAMES LOWDERMILK P01394049 8284331226 162.231.182.0 2017-09-19 11:06:05 ED P BC1E37F58F0355C3481AA1007F2C7047FBFA4D6A 44279E401ABF60E8FC7B6EBE68E38B41BD5D8A14 2016 2021-01-29 14:40:06Z RUSTY ISENHOUR 243 THIRD AVE NE BOX 7 HICKORY NC 28601 1248354 0 X N/A X 1980 NC THE SALT BLOCK FOUNDATION EXISTS TO PROVIDE AND SUSTAIN FACILITIES FOR ORGANIZATIONS DELIVERING EDUCATION IN NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS FOR RESIDENTS OF THE CATAWBA VALLEY 23 23 12 50 0 0 898548 410749 137310 128998 193128 362289 28048 10179 1257034 912215 0 0 0 0 102671 111641 0 0 24599 813360 785234 916031 896875 341003 15340 11146519 11811797 16392 20695 11130127 11791102 NONE 0 0 743427 337999 PROVIDED FACILITIES FOR USE BY VARIOUS NONPROFIT AGENCIES PROVIDING PROGRAMS IN THE NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS AT A VERY MINIMAL COST TO THE NONPROFITSONE OF THE AGENCIES PROVIDES EDUCATIONAL OPPORTUNITIES FOR THE PUBLIC AND SCHOOL AGED CHILDREN. TEACHERS BRING THE STUDENTS TO OUR FACILITIES TO ALLOW FOR HANDS ON LEARNING. 743427 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 12 1 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 8283244906 243 THIRD AVE NE BOX 7 HICKORY NC 28601 X MARIA BALLARD BOARD MEMBER 4.00 X 0 0 0 LT THOMPSON PAST PRESIDENT 4.50 X X 0 0 0 MICHAEL THOMAS VICE PRESIDENT 1.00 X X 0 0 0 RUSTY ISENHOUR TREASURER 3.00 X X 0 0 0 C TODD DALTON BOARD MEMBER 2.00 X 0 0 0 NANCY BLEDSOE BOARD MEMBER 2.00 X 0 0 0 LAURA COSTELLO BOARD MEMBER 2.00 X 0 0 0 JOYCE CORBETT BOARD MEMBER 2.00 X 0 0 0 ANDI BANKS BOARD MEMBER 2.00 X 0 0 0 EARL CHATTO BOARD MEMBER 2.00 X 0 0 0 KIMBERLY GEORGE PRESIDENT 3.00 X X 0 0 0 BONITA FERRETTI BOARD MEMBER 2.00 X 0 0 0 SUSAN KING BOARD MEMBER 3.00 X 0 0 0 WARREN HICKS BOARD MEMBER 2.00 X 0 0 0 ANDREW MATTHEWS BOARD MEMBER 2.00 X 0 0 0 BRANDON HUCKS BOARD MEMBER 2.00 X 0 0 0 BETH WATTS ROGERS SECRETARY 2.00 X X 0 0 0 DR JOHN LEACH BOARD MEMBER 2.00 X 0 0 0 HANI NASSAR BOARD MEMBER 2.00 X 0 0 0 ROD POOLE BOARD MEMBER 2.00 X 0 0 0 DR WAYNE POWELL BOARD MEMBER 2.00 X 0 0 0 FRANK YOUNG BOARD MEMBER 2.00 X 0 0 0 DAVID ZAGAROLI BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 200000 210749 410749 CAM CHARGES 900099 94100 94100 RENTAL OF FACILITIES 900099 34898 34898 128998 153288 153288 545140 336139 209001 209001 209001 10179 0 10179 10179 912215 337999 0 163467 111641 111641 5995 5995 4198 4198 6900 6900 253523 253523 265558 265558 36172 30038 6134 REPAIRS AND MAINTENANCE 178211 178211 SUPPLIES 14930 13486 1444 MEETINGS 14258 757 13501 MISCELLANEOUS 5489 2611 2878 896875 743427 128849 24599 101412 21326 68463 90322 18 481 8797291 4828334 4134441 3968957 6842185 7730711 11146519 11811797 11355 7685 5037 13010 16392 20695 X 3871355 4407077 34747 0 7224025 7384025 11130127 11791102 11146519 11811797 15340 645635 0 X 0 1 X 1 0 X 278885 370210 337479 898548 410749 2295871 16096 17077 16951 16108 66232 294981 387287 354430 898548 426857 2362103 18441 2343662 370313 189956 358907 361967 419596 1700739 15093 15093 4077935 0.57470 0.37250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7224025 160000 7384025 6638492 585533 7224025 5888798 749694 6638492 5778202 110596 5888798 5721730 56472 5778202 0 0 750000 750000 750000 578125 171875 7258176 4218582 3039594 24739 17467 7272 14376 14160 216 3968957 INVESTMENTS 7730711 F 7730711 X 1615089 645635 57239 702874 912215 0 912215 954114 57239 57239 896875 0 896875 PART X, LINE 2: FASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS MANAGEMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK GREATER THAN A 50% LIKELIHOOD OF BEING RELIZED UPON SETTLEMENT. AS OF JUNE 30, 2017 MANAGEMENT HAS DETERMINED THAT THE SALT BLOCK HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. THE SALT BLOCK IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2014. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE AUDIT AND EXECUTIVE COMMITTEES AND THEN PRESENTED TO THE FULL BOARD FOR REVIEW BEFORE BEING FILED FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ANNUALLY DISCLOSES ANY INTERESTS THAT THEY HAVE THAT COULD POTENTIALLY BE CONSIDERED CONFLICTS. THE BOARD MEMBER IS REQUIRED THAT IN THE EVENT THAT AN ISSUE ARISES THAT COULD BE A CONFLICT THE MEMBER RECUSE THEMSELF FROM THE DISCUSSION AND SUBSEQUENT VOTE ON THE ISSUE FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS PUBLISHED A BOARD MEMBERS HANDBOOK THAT CONTAINS ITS GOVERNING DOCUMENTS WHICH IS AVAILABLE UPON REQUEST. IN ADDITION CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST