SOUTH HILL COMMUNITY DEVELOPMENT ASSOCIATION INC

EIN: 541069345 501(c)(3) Community Improvement

SOUTH HILL, VA

Total Revenue
$36,130
Total Expenses
$161,180
Total Assets
$2,212,180
Net Assets
$2,205,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
VA
Principal Officer
LJ DORNAK
Phone
4344473191
Tax Period
2023-07-01 to 2024-06-30

SOUTH HILL COMMUNITY DEVELOPMENT ASSOCIATION INC, founded in 1977, is a micro nonprofit in the Community Improvement sector that reported $36K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $161K exceeded revenue, resulting in a 346% operating deficit.

Mission

PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES FOR EDUCATION, THE ARTS, AND BUSINESS.

Program Service Accomplishments

Program 1
Expenses: $149,756 Revenue: $3,800

PROMOTE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF SOUTH HILL, VA BY PROVIDING OPPORTUNITIES FOR EDUCATION, THE ARTS AND BUSINESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,800
Investment Income $22,330
Other Revenue $10,000
TOTAL REVENUE $36,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $149,935
Other Expenses $161,180
TOTAL EXPENSES $161,180

Year-over-Year Comparison

2023 2022 Change
Revenue $36,130 $83,822 -0.6%
Expenses $161,180 $101,793 +0.6%
Net Income $-125,050 $-17,971 +6.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LJ DORNAK PRESIDENT N/A
Officer Director
$0 $0 $0
HANNAH HAYES BOARD MEMBER N/A
Director
$0 $0 $0
JEREMY LYNCH VICE PRESIDE N/A
Officer Director
$0 $0 $0
TAMMY MANNING BOARD MEMBER N/A
Director
$0 $0 $0
VIN MONTGOMERY TREASURER N/A
Officer Director
$0 $0 $0
ROBERT SMITH BOARD MEMBER N/A
Director
$0 $0 $0
CARMEN TAYLOR BOARD MEMBER N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $36,130 $161,180 $2,212,180 $-125,050
2023 $83,822 $101,793 $2,333,176 $-17,971
2022 $81,335 $137,488 $2,348,851 $-56,153
2021 $602,194 $4,421,880 $2,405,199 $-3,819,686
2020 $534,178 $380,255 $6,260,326 $153,923
2019 $601,940 $398,309 $6,092,071 $203,631
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