WALNUT COVE MEMBERS ASSOCIATION INC
PO BOX 374, SKYLAND, NC 28776 www.walnutcovemembers.com

Total Revenue
$379,865
Total Expenses
$384,671
Net Assets
$12,320

Organizations Filed Purposes: TO ENHANCE OUR LOCAL COMMUNITY BY WORKING WITH, ENRICHING, AND FUNDING DESERVING LOCAL CHARITABLE ORGANIZATIONS.

LOCAL FUNDRAISING FOR PURPOSE OF MAKING CHARITABLE CONTRIBUTIONS TO LOCAL NONPROFIT ORGANIZATIONS

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 DISTRUBTED 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 ADMISTRATIVE EXPENES. 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 OUR 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 380 GRANTS, TOTALING OVER 2 MILLION TO A DIVERSE RANGE OF NONPROFITS IN WESTERN NORTH CAROLINA. WCMA BEGAN WITH JUST 56 MEMBERS, BUT HAS GROWN TO MORE THAN 300 MEMBERS OVER THE PAST 3 YEARS, MANY OF WHOM ARE ACTIVE VOLUNTEERS. WCMA'S SERVICE TO THE COMMUNITY, ALONG WITH ITS GENEROUS DONATIONS, HAS MADE WALNUT COVE A VALUED AND RESPECTED PART OF THE GREATER ASHEVILLE AREA. SEE SCHEDULE I FOR DETAIL ON SPECIFIC GRANTS MADE IN 2020.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Dan EldridgeBOARD MEMBER3$0
Cathy SnyderBOARD MEMBER3$0
Dan DunleavyBOARD MEMBER3$0
Nancy NortonBOARD MEMBER3$0
Peter HeckmanTREASURER5$0
John MaxwellSECRETARY5$0
Karen SpacekCHAIR5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101309349301430_public.xml