Cumberland Plateau Company Inc

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

EIN: 510251979 ✦ Lebanon, VA ✦ Designated as a 501(c)(4)

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Overview

What is Cumberland Plateau Company Inc?

Cumberland Plateau Company Inc, located in Lebanon, Virginia, serves as a nonprofit organization with a specific focus on Southwest Virginia. Their primary mission is to facilitate the development of a broadband internet system, benefiting the counties of Russell, Dickenson, Tazewell, and Buchanan. Additionally, they hold title to property and loan programs for local governments, utilizing these assets to drive economic development through property development initiatives. With a modest workforce of 8 individuals, Cumberland Plateau Company Inc contributes to the digital and economic progress of its designated regions.


Official website here: www.cppdc.org

Is Cumberland Plateau Company Inc legitimate?

Cumberland Plateau Company Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cumberland Plateau Company Inc 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: $18,830

For more financial information, click here


Official website here: www.cppdc.org

What is the mission statement of Cumberland Plateau Company Inc?

Cumberland Plateau Company Inc's mission involves holding title to property and loan programs for local governments, as well as developing property for these entities for economic development purposes. Specifically, the organization is currently engaged in the development of a broadband internet system structure in the southwest Virginia counties of Russell, Dickenson, Tazewell, and Buchanan. This initiative aims to enhance the economic growth and connectivity of the local communities.


Official website here: www.cppdc.org

Who is the CEO of Cumberland Plateau Company Inc?

Roseann Jones is the Director of Cumberland Plateau Company Inc.


Official website here: www.cppdc.org

What is the revenue of Cumberland Plateau Company Inc?

Cumberland Plateau Company Inc's revenue in 2022 was $1,024,392.


Official website here: www.cppdc.org

Who are the executives of Cumberland Plateau Company Inc and what are their salaries?

The average compensation at Cumberland Plateau Company Inc during 2022 was $2,354. There are 8 employees at Cumberland Plateau Company Inc.


Here are 9 key members and their salaries:


Dave Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Brown (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Harris (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Puckett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Rife (Sec/Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Stanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delono Sykes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Wimmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roseann Jones (Chief Financ)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cppdc.org

Where can I find the form 990 for Cumberland Plateau Company Inc?

Cumberland Plateau Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cppdc.org

Learn more at the official website: www.cppdc.org

Mission Statement of Cumberland Plateau Company Inc

Cumberland Plateau Company Inc is dedicated to serving local governments by holding title to property and managing loan programs. This mission is centered around facilitating economic development by developing property for these local administrations. Currently, the organization is engaged in a significant project, developing a broadband internet system structure, which will significantly impact the southwest Virginia counties of Russell, Dickenson, Tazewell, and Buchanan. By providing this service, Cumberland Plateau Company Inc is contributing to the digital advancement of these regions, potentially boosting local economies and improving connectivity for residents and businesses alike.

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Impact




October, 2024

Cumberland Plateau Company Inc plays a vital role in enhancing economic development in Southwest Virginia by holding title to property and providing loan programs for local governments. Their initiatives focus on property development that supports local governments, which directly contributes to community improvement efforts. A significant aspect of their work includes developing a broadband internet system structure, which is crucial for the counties of Russell, Dickenson, Tazewell, and Buchanan. This project not only aims to improve connectivity but also fosters growth and innovation within these communities, ultimately leading to increased opportunities for residents and businesses alike. By facilitating infrastructure development, Cumberland Plateau Company Inc contributes to building a more robust economic landscape for the region.




This information is meant to be a general summary of Cumberland Plateau Company Inc. 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
$1,024,392 (2022)
Expenses
$1,732,510 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,957
  • Program Service Revenue: $687,247
  • Gross Receipts: $1,024,392

Assets and Liabilities:

  • Total Assets: $9,281,330
  • Total Liabilities: $352,258
  • Net Assets: $8,929,072

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$687,247

Organization Details

Founding Year

1987

Principal Officer

Roseann Jones

Main Address

P O BOX 548, LEBANON, VA, 24266

NTEE Category

Code: S31 - Community improvement

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