Holly Forest Association Inc

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

EIN: 570558211 ✦ Sapphire, NC ✦ Designated as a 501(c)(4)

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Overview

What is Holly Forest Association Inc?

Holly Forest Association Inc, situated in Sapphire, North Carolina, is a nonprofit organization primarily focused on maintaining, caring for, and operating common areas and roadways that are publicly accessible. This includes ensuring the upkeep of shared spaces and roads within the association's ownership. The organization's mission is centered around enhancing the overall well-being and accessibility of these communal areas for the benefit of its community members.

Is Holly Forest Association Inc legitimate?

Holly Forest Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Holly Forest Association 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: $0

For more financial information, click here

What is the mission statement of Holly Forest Association Inc?

The Holly Forest Association Inc is dedicated to maintaining, caring for, and operating common areas and roadways that are owned by the association and accessible to the public. This non-profit organization ensures the upkeep and functionality of these shared spaces, enhancing the experience for all who utilize them. By carrying out these tasks, the Association contributes to the overall well-being and safety of the community, making these common areas more enjoyable and accessible for everyone.

Who is the CEO of Holly Forest Association Inc?

John Hill is the President of Holly Forest Association Inc.

What is the revenue of Holly Forest Association Inc?

Holly Forest Association Inc's revenue in 2022 was $857,665.

Who are the executives of Holly Forest Association Inc and what are their salaries?


Here are 7 key members and their salaries:


Donald Terrill (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Daly (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Mckinnon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Taulbee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Zacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Holly Forest Association Inc?

Holly Forest Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Holly Forest Association Inc

Holly Forest Association Inc is dedicated to maintaining, caring for, and operating common areas and roadways that are accessible to the public within its jurisdiction. The organization's primary focus is to ensure these spaces are well-maintained and functional, enhancing the overall experience for anyone utilizing them. By carrying out these responsibilities, Holly Forest Association Inc contributes to the overall welfare and accessibility of the community, making these shared spaces more enjoyable and safe for all.

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Impact




October, 2024

Holly Forest Association Inc significantly enhances the quality of life in Sapphire, NC, through its dedicated maintenance and care of common areas and roadways accessible to the public. By ensuring these shared spaces are well-kept, the Association fosters a sense of community and pride among residents and visitors alike. This commitment to operational excellence not only promotes safety and accessibility but also encourages social interactions in well-maintained environments. The Association's efforts contribute to the overall aesthetic value and functionality of the area, thereby supporting both local housing and community engagement, making Sapphire a more inviting place to live and visit.




This information is meant to be a general summary of Holly Forest Association 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
$857,665 (2022)
Expenses
$960,485 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $205
  • Program Service Revenue: $857,460
  • Gross Receipts: $857,665

Assets and Liabilities:

  • Total Assets: $904,071
  • Total Liabilities: $475,301
  • Net Assets: $428,770

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Programs

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

MEMBER ASSESSMENTS

Revenue

$575,811

MEMBER REPL FUND ASSMNTS

Revenue

$240,976

IMPACT FEES

Revenue

$13,400

INTEREST ON OVERDUE ASSMNTS

Revenue

$12,081

RELATED PARTY CONTRIBUTIONS

Revenue

$6,685

Organization Details

Founding Year

1972

Principal Officer

John Hill

Main Address

127-B CHEROKEE TRAIL, SAPPHIRE, NC, 28774

NTEE Category

Code: L50 - Housing

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