Program areas at Walnut Cove Members Association
The Walnut Cove Members Association (wcma) consists of the cliffs at Walnut Cove property owners who are interested in supporting local nonprofit charities and join the organization through annual tax-deductible membership dues. The wcma is a 501(c)(3) nonprofit that raises money through annual dues, other member and corporate donations, and the annual "weekend of giving" which traditionally includes a golf tournament and other fundraising events. At the end of each year, these funds are distributed to a variety of local charitable organizations based on recommendations submitted by the grant committee to the board of directors. Any wcma member actively involved in a charity which meets the stated guidelines is encouraged to submit a grant request. The wcma is made up entirely of unpaid volunteers committed to making sure all available funds go directly to reputable local charities while incurring minimal overhead and administrative expense. Historically 98% of all net fundraising revenue has gone directly to charity. Membership in the wcma serves a dual purpose. Not only is the organization helping those in need within the western north carolina community, but we are also supporting friends and neighbors who are committed to volunteering for worthwhile causes. Since its 2007 inception, the wcma has awarded more than 490 grants, totaling over 3,500,000 to a diverse range of nonprofits in western north carolina. Wcma began with just 56 Members but over the past few years has grown to more than 450 Members, many of whom are active volunteers. Wcma' service to the community, along with its generous donations, has made Walnut Cove a valued and respected part of the western north carolina region. See schedule i for detail on specific grants made in 2023.
Grants made by Walnut Cove Members Association
Who funds Walnut Cove Members Association
Grants from foundations and other nonprofits
Personnel at Walnut Cove Members Association
Name | Title | Compensation | Date of data |
---|
Joseph Tanner | Treasurer | $0 | 2023-07-05 |
Glenn Simpson | Past Treasurer | $0 | 2022-12-31 |
Melba Tracy | Secretary | $0 | 2022-12-31 |
Ron Billings | Chairman | $0 | 2022-12-31 |
Dan Eldridge | President / Board Member | $0 | 2021-12-31 |
...and 2 more key personnel |
Financials for Walnut Cove Members Association
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $567,008 | $526,367 | 7.7% |
Program services | $0 | $0 | - |
Investment income and dividends | $5,260 | $735 | 615.6% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $83 | $352 | -76.4% |
Net income from fundraising events | $6,086 | $8,336 | -27% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $8,520 | $0 | 999% |
Total revenues | $586,957 | $535,790 | 9.5% |
Organizations like Walnut Cove Members Association
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---|
Association of Community Services of Howard County | 501(c)(3) | Columbia, MD | $298,064 |
Society Italian American Busin | 501(c)(3) | Bel Air, MD | $277,034 |
Commercial Real Estate Women Foundation | 501(c)(3) | Lawrence, KS | $1,079,307 |
Ross Volunteer Association | 501(c)(3) | College Station, TX | $206,510 |
The Jewish Woman Entrepreneur | 501(c)(3) | Hollywood, FL | $510,549 |
Rotary Club of Bainbridge Island Trust | 501(c)(3) | Bainbridge Island, WA | $675,642 |
Columbus Kiwanis Foundation | 501(c)(3) | Columbus, OH | $205,002 |
Hanover Rotary Charities | 501(c)(3) | Hanover, NH | $193,195 |
Tacoma Rotary 8 Foundation | 501(c)(3) | Tacoma, WA | $377,465 |
Soroptimist International of the Americas - 115000 Founder Region | 501(c)(3) | Fort Bragg, CA | $169,401 |
Data update history
October 23, 2023
Received grants
Identified 1 new grant, including a grant for $7,500 from Seh Tabitha Foundation August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsCivic / social organizationsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
MembershipsProvides grantsPartially liquidatedFundraising eventsState / local levelAuction fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- PO Box 374
- Skyland, NC 28776
- Metro area
- Asheville, NC
- County
- Buncombe County, NC
- Website URL
- walnutcovemembers.com/default.aspxÂ
- Phone
- (828) 676-0271
IRS details
- EIN
- 61-1698757
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2012
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S50: Nonprofit Management
- NAICS code, primary
- 813410: Civic and Social Organizations
- Parent/child status
- Independent
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