Civic Intelligence

South Hill Community Development Association Inc.

990 • Fiscal year 2019 • EIN 54-1069345

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 24, 2020

201 S Mecklenburg AveSouth Hill, VA 23970

(434) 447-4547

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

20th percentile

0.04x

Higher debt load relative to revenue than 20% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

51st percentile

3.3%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

46%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,092,071

Up $197,063 (+3.3%) from 2018

Net Assets

Up

$6,070,567

Up $203,631 (+3.5%) from 2018

Liabilities

Down

$21,504

Down $6,568 (-23%) from 2018

Revenue

Up

$601,940

Up $189,898 (+46%) from 2018

Expenses

Up

$398,309

Up $6,670 (+1.7%) from 2018

Net Income

Up

$203,631

Up $183,228 (+898%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,186,554Liabilities 2011: $3,398Net Assets 2011: $6,183,1562011Assets 2012: $6,061,521Liabilities 2012: $2,091Net Assets 2012: $6,059,4302012Assets 2013: $6,006,198Liabilities 2013: $1,878Net Assets 2013: $6,004,3202013Assets 2014: $5,957,997Liabilities 2014: $15,108Net Assets 2014: $5,942,8892014Assets 2015: $5,911,268Liabilities 2015: $26,289Net Assets 2015: $5,884,9792015Assets 2016: $5,893,691Liabilities 2016: $25,210Net Assets 2016: $5,868,4812016Assets 2017: $5,875,245Liabilities 2017: $28,711Net Assets 2017: $5,846,5342017Assets 2018: $5,895,008Liabilities 2018: $28,072Net Assets 2018: $5,866,9362018Assets 2019: $6,092,071Liabilities 2019: $21,504Net Assets 2019: $6,070,5672019Assets 2020: $6,260,326Liabilities 2020: $35,836Net Assets 2020: $6,224,4902020Assets 2021: $2,405,199Liabilities 2021: $395Net Assets 2021: $2,404,8042021Assets 2022: $2,348,851Liabilities 2022: $200Net Assets 2022: $2,348,6512022Assets 2023: $2,333,176Liabilities 2023: $2,496Net Assets 2023: $2,330,6802023Assets 2024: $2,212,180Liabilities 2024: $6,550Net Assets 2024: $2,205,6302024

Highlighted filing

2019

Assets$6,092,071
Liabilities$21,504
Net Assets$6,070,567

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$5.0M$0-$5.0MRevenue 2011: $462,165Expenses 2011: $338,412Net Income 2011: $123,7532011Revenue 2012: $302,337Expenses 2012: $427,208Net Income 2012: -$124,8712012Revenue 2013: $281,096Expenses 2013: $336,206Net Income 2013: -$55,1102013Revenue 2014: $306,560Expenses 2014: $355,125Net Income 2014: -$48,5652014Revenue 2015: $336,926Expenses 2015: $394,836Net Income 2015: -$57,9102015Revenue 2016: $385,132Expenses 2016: $401,630Net Income 2016: -$16,4982016Revenue 2017: $374,768Expenses 2017: $400,979Net Income 2017: -$26,2112017Revenue 2018: $412,042Expenses 2018: $391,639Net Income 2018: $20,4032018Revenue 2019: $601,940Expenses 2019: $398,309Net Income 2019: $203,6312019Revenue 2020: $534,178Expenses 2020: $380,255Net Income 2020: $153,9232020Revenue 2021: $602,194Expenses 2021: $4,421,880Net Income 2021: -$3,819,6862021Revenue 2022: $81,335Expenses 2022: $137,488Net Income 2022: -$56,1532022Revenue 2023: $83,822Expenses 2023: $101,793Net Income 2023: -$17,9712023Revenue 2024: $36,130Expenses 2024: $161,180Net Income 2024: -$125,0502024

Highlighted filing

2019

Revenue$601,940
Expenses$398,309
Net Income$203,631
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 24, 2020
Return Version
2018v3.2
Gross Receipts
$601,940
Mission and Program Overview

Mission

Promote economic development within the town of south hill, va by providing opportunities for education, the arts, and business.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,843,660$3,843,660→ $0
Land, Buildings, and Equipment, Net$1,403,386$1,345,284▼ $58,102
Cash and Non-Interest-Bearing Accounts$266,091$517,830▲ $251,739
Savings and Temporary Cash Investments$381,671$385,297▲ $3,626
Total Assets$5,895,008$6,092,071▲ $197,063
Other Assets Total$200--
Liabilities
Other Liabilities$28,072$21,266▼ $6,806
Accounts Payable and Accrued Expenses-$238-
Total Liabilities$28,072$21,504▼ $6,568
Net Assets / Fund Balance
Unrestricted Net Assets$3,482,530$3,632,680▲ $150,150
Temporarily Rstr Net Assets$2,384,406$2,437,887▲ $53,481
Total Net Assets Fund Balance$5,866,936$6,070,567▲ $203,631
Total Liabilities and Net Assets / Fund Balance$5,895,008$6,092,071▲ $197,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,169,624$1,080,450$2,250,074
Equipment$17,063$180,755$197,818
Land$158,597-$158,597
Other Land Buildings-$5,765$5,765
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Frank MaloneExecutive DiFT$72,071$72,071

Board Members and Trustees

NameTitle
Kim CallisPresident
Carmen TaylorBoard Member
Dean MarionBoard Member
Holly McfarlandBoard Member
Tammy ManningTreasurer
Leroy SasserVP
Revenue and Support

Revenue Composition

Contributions and Grants
$584,745
Program Service Revenue
$10,000
Investment Income
$3,626
Other Revenue
$3,569
All Other Contributions
$98,490
Change in Net Assets
$203,631

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Commercial1$74,500
Total Noncash Contributions1$74,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$601,940
Total Revenue per Audited Statements
$601,940
Total Revenue per Form 990
$601,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$248,301
Salaries, Compensation, and Employee Benefits$150,008
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$104,269$45-$104,314
Current Officers, Directors, Trustees, and Key Employees$18,018$54,053-$72,071
Other Salaries and Wages$34,858$25,261-$60,119
Depreciation Depletion$58,102--$58,102
Insurance$21,992$1,725-$23,717
Occupancy$16,530$1,837-$18,367
Payroll Taxes$4,549$6,824-$11,373
Other Employee Benefits$2,578$3,867-$6,445
Fees for Services Accounting$2,070$3,845-$5,915
Office Expenses$1,591--$1,591
Conferences and Meetings$1,375--$1,375
Other Expenses$188$9,879-$188
Advertising$50--$50
Total Functional Expenses$289,113$109,196$0$398,309

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$398,309
Total Expenses per Audited Statements$398,309
Total Expenses per Form 990$398,309
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Compensated Absences$16,515
Payroll Taxes Payable$4,251
Refundable Security Deposit$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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.

Filing and Contact Details

Filer

Filer Name
South Hill Community Development
EIN
54-1069345
Phone
4344474547
Address
201 S MECKLENBURG AVE, SOUTH HILL, VA 23970

Signing Officer

Name
Frank Malone
Title
Executive Director
Phone
4344474547
Signed
2020-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lj Dornak
Formed
1977
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
11

Preparer

Firm
Creedle Jones & Associates Pc
Address
828 N MECKLENBURG AVE, SOUTH HILL, VA 23970
Preparer
Kim W Jackson CPA
Phone
4344477111
Supplemental Narrative

Additional Explanations

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, Part IX, Line 11G

Dues & subscriptions 0 45 0 picnic in the park 16,432 0 0 tobacco museum 698 0 0 railroad museum 1,346 0 0 colonial theater 76,969 0 0 lcakc 3,496 0 0 svfh 5,328 0 0 total 104,269 45 0

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03626
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0385
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0190
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04582
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037664
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013569
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt020084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt026247
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt044906
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt031137
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0135943
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.91590
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0364452
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0338805
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IRS990ScheduleA/TotalSupportAmt02079414
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt01169624
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01080450
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02250074
IRS990ScheduleD/EquipmentGrp/BookValueAmt017063
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0180755
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0197818
IRS990ScheduleD/ExpensesSubtotalAmt0398309
IRS990ScheduleD/LandGrp/BookValueAmt0158597
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0158597
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05765
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016515
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14251
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REFUNDABLE SECURITY DEPOSIT
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt01345284
IRS990ScheduleD/TotalExpensesPerForm990Amt0398309
IRS990ScheduleD/TotalLiabilityAmt021266
IRS990ScheduleD/TotalRevenuePerForm990Amt0601940
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES IN EDUCATION, THE ARTS AND BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURN IS REVIEWED BEFORE SIGNING AND MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES & SUBSCRIPTIONS 0 45 0 PICNIC IN THE PARK 16,432 0 0 TOBACCO MUSEUM 698 0 0 RAILROAD MUSEUM 1,346 0 0 COLONIAL THEATER 76,969 0 0 LCAKC 3,496 0 0 SVFH 5,328 0 0 TOTAL 104,269 45 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/TotalContributionsAmt0584745
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0289113
IRS990/TotalFunctionalExpensesGrp/TotalAmt0398309
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028072
IRS990/TotalLiabilitiesEOYAmt021504
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IRS990/TotalLiabilitiesGrp/EOYAmt021504
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IRS990/TotalProgramServiceExpensesAmt0289113
IRS990/TotalProgramServiceRevenueAmt010000
IRS990/TotalReportableCompFromOrgAmt072071
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017195
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0601940
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05895008
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06092071
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03482530
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03632680
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0306 E ATLANTIC ST
IRS990/USAddress/CityNm0SOUTH HILL
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023970
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.SOUTHHILLCHAMBER.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK MALONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04344474547
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH HILL COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0541069345
ReturnHeader/Filer/PhoneNum04344474547
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 S MECKLENBURG AVE
ReturnHeader/Filer/USAddress/CityNm0SOUTH HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023970
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01988DFADF70E1C4BCAE76FEA0F45CD39915B1E59
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D0F2A98C0C14073A2A847DB044494349DA0A30C6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02020-01-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm007:18:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541464038
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CREEDLE JONES & ASSOCIATES PC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.21$0.01$2.21$0.04$0.16$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$0.08$0.10$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.08$0.14$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.40$0.60$4.42$3.82
2020Detailed filing. Detailed filing data is available for this year.$6.26$0.04$6.22$0.53$0.38$0.15
2019Detailed filing. Detailed filing data is available for this year.$6.09$0.02$6.07$0.60$0.40$0.20
2018Detailed filing. Detailed filing data is available for this year.$5.90$0.03$5.87$0.41$0.39$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.88$0.03$5.85$0.37$0.40$0.03
2016Detailed filing. Detailed filing data is available for this year.$5.89$0.03$5.87$0.39$0.40$0.02
2015Summary only. Only limited summary data is available for this year.$5.91$0.03$5.88$0.34$0.39$0.06
2014Summary only. Only limited summary data is available for this year.$5.96$0.02$5.94$0.31$0.36$0.05
2013Summary only. Only limited summary data is available for this year.$6.01$0.00$6.00$0.28$0.34$0.06
2012Summary only. Only limited summary data is available for this year.$6.06$0.00$6.06$0.30$0.43$0.12
2011Summary only. Only limited summary data is available for this year.$6.19$0.00$6.18$0.46$0.34$0.12