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EIN 47-3614341

Friends of the Valdese Rec

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Valdese
State
North Carolina
Year formed
2016
Most recent tax filings
2023-03-01
NTEE code, primary
N11: Recreation and Sports Single Organization Support
Description
The charitable organization, an all volunteer, 501c3 non-profit corporation, will support the Valdese parks and recreation department with volunteer hours and fundraising for the betterment of the department, while at the same time benefiting the town, the citizens and the enviornment. Our major focus has been fundraising for Valdese lakeside park for the construction of phase 1 amenities and a bridge across mcgalliard falls.
Total revenues
$426,860
2023
Total expenses
$307,380
2023
Total assets
$249,823
2023
Num. employees
0
2023

Program areas at Friends of the Valdese Rec

Our major focus has been fundraising for Valdese lakeside park for the construction of amenitites and a bridge across mcgalliard falls.

Who funds Friends of the Valdese Rec

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Rostan Family FoundationPhilanthropic$130,000
Duke Energy FoundationEmployee Matching Gift Donation$10

Personnel at Friends of the Valdese Rec

NameTitleCompensation
Beth HeilePresident$0
Don BrittainSecretary$0
Quez LittleTreasurer$0
Spence BordenVice President$0

Financials for Friends of the Valdese Rec

RevenuesFYE 03/2023
Total grants, contributions, etc.$426,860
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$426,860

Form 990s for Friends of the Valdese Rec

Fiscal year endingDate received by IRSFormPDF link
2023-032024-02-13990View PDF
2022-032022-07-07990EZView PDF
2021-032021-09-28990EZView PDF
Data update history
May 22, 2024
Updated personnel
Identified 3 new personnel
May 20, 2024
Used new vendors
Identified 1 new vendor, including
June 27, 2023
Received grants
Identified 2 new grant, including a grant for $130,000 from Rostan Family Foundation
June 24, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
June 20, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCivic / social organizationsSports organizationsCharities
Issues
Human services
Characteristics
Funds one specific organizationPartially liquidatedState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
PO Box 994
Valdese, NC 28690
Metro area
Hickory-Lenoir-Morganton, NC
County
Burke County, NC
Website URL
friendsofthevaldeserec.org/ 
Phone
(828) 390-6870
IRS details
EIN
47-3614341
Fiscal year end
March
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N11: Recreation and Sports Single Organization Support
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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