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Highland Farms Residents Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203484944 ✦ Black mountain, NC ✦ Designated as a 501(c)(3)

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Overview

What is Highland Farms Residents Corporation?

Highland Farms Residents Corporation is a nonprofit organization, situated in Black Mountain, North Carolina (specifically at 200 Tabernacle Road). Its primary function is to manage funds generated by its residents and allocate them as grants to local community organizations, as per the corporation's discretion. This nonprofit's mission extends beyond individual residents, as it also provides temporary financial aid to residents in need and works towards enhancing their overall quality of life. Furthermore, Highland Farms Residents Corporation dedicates its resources towards supporting local non-profit organizations, aiding them in their missions to strengthen the community.

Is Highland Farms Residents Corporation legitimate?

Highland Farms Residents Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highland Farms Residents Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Highland Farms Residents Corporation?

The Highland Farms Residents Corporation's mission is centered around managing funds raised by residents for temporary financial assistance to fellow residents in need, thereby enhancing their quality of life. Additionally, the corporation extends grants to local non-profit organizations, as per its discretion. In essence, its purpose is to alleviate financial hardships among residents and contribute to the well-being of the local community by supporting charitable organizations.

Who is the CEO of Highland Farms Residents Corporation?

Gene Schimpf is the President of Highland Farms Residents Corporation.

What is the revenue of Highland Farms Residents Corporation?

Highland Farms Residents Corporation's revenue in 2022 was $165,272.

Who are the executives of Highland Farms Residents Corporation and what are their salaries?

There 325 volunteers at Highland Farms Residents Corporation.


Here are 9 key members and their salaries:


Sara-Ann Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Taylor (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Maynard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Schuman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Henley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Carr Adkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcdowell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Yoder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Schimpf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Highland Farms Residents Corporation?

Highland Farms Residents Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Highland Farms Residents Corporation

The Highland Farms Residents Corporation, as a non-profit entity, is committed to managing funds and gifts contributed by the community's residents. Their primary mission is to provide temporary financial aid to residents who find themselves in financial hardship. By doing so, they aim to improve the overall quality of life for their community members. Furthermore, this organization extends its generosity beyond the resident community, by making grants to local non-profit organizations. The Highland Farms Residents Corporation thoughtfully allocates resources, as determined by their governing body, to support various charitable causes within their community.

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Impact




October, 2024

Highland Farms Residents Corporation plays a vital role in enhancing the quality of life for residents within its community. By administering funds generated through the generosity of residents, the organization offers temporary financial support to those in need, ensuring that individuals facing hardships can receive the assistance necessary to navigate tough circumstances. In addition to providing direct support to residents, Highland Farms also extends its impact by making grants to local nonprofit organizations, fostering a stronger network of human services in Black Mountain, NC. This dual approach not only uplifts individuals within the community but also contributes to the overall well-being and resources available in the surrounding area, creating a more resilient and connected community.




This information is meant to be a general summary of Highland Farms Residents Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$165,272 (2022)
Expenses
$183,111 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23,791
  • Program Service Revenue: $3,906
  • Gross Receipts: $165,272

Assets and Liabilities:

  • Total Assets: $572,713
  • Total Liabilities: $0
  • Net Assets: $572,713

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Organization Details

Founding Year

2004

Principal Officer

Gene Schimpf

Main Address

200 Tabernacle Road, Black Mountain, NC, 28711

NTEE Category

Code: P99 - Human services

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