COMMUNITYWORKS IN WEST VIRGINIA INC

EIN: 550706467 501(c)(3) Housing & Shelter

CHARLESTON, WV

Total Revenue
$675,184
Total Expenses
$456,385
Total Assets
$3,926,504
Net Assets
$3,292,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
WV
Principal Officer
T CRAIG PETRY II
Phone
3049652241
Tax Period
2023-01-01 to 2023-12-31

COMMUNITYWORKS IN WEST VIRGINIA INC, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $675K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $219K, a strong 32% operating margin.

Mission

COMMUNITYWORKS IN WEST VIRGINIA (CWWV) CREATES HOUSING AND COMMUNITY DEVELOPMENT SOLUTIONS FOR ALL WEST VIRGINIANS THROUGH A NETWORK OF MEMBER ORGANIZATIONS. CWWV CARRIES OUT ITS MISSION BY PROVIDING EFFECTIVE TRAINING AND TECHNICAL ASSISTANCE TO LOCAL HOUSING ORGANIZATIONS; DEVELOPING SUSTAINABLE CAPITAL INVESTMENTS IN LOCAL HOUSING; ADVOCATING FOR SOUND HOUSING POLICIES; AND INCREASING PUBLIC AWARENESS OF LOCAL HOUSING ISSUES THROUGHOUT WEST VIRGINIA.

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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 $611,811
Program Service Revenue $2,022
Investment Income $59,323
Other Revenue $2,028
TOTAL REVENUE $675,184

Expense Breakdown

Grants Paid $0
Salaries & Benefits $263,152
Fundraising Expenses $0
Program Expenses $373,280
Other Expenses $193,233
TOTAL EXPENSES $456,385

Year-over-Year Comparison

2023 2022 Change
Revenue $675,184 $623,083 +0.1%
Expenses $456,385 $555,293 -0.2%
Net Income $218,799 $67,790 +2.2%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
5
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
6
$76,125
Total Directors
9
$76,125
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY MCMURRAY PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVE CLARK PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
KATHY GENTRY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
THEODORE RANSON SECRETARY 1.00
Officer Director
$0 $0 $0
ROBIN KEES TREASURER 1.00
Officer Director
$0 $0 $0
BELINDA HARNESS BOARD MEMBER 1.00
Director
$0 $0 $0
TONY PETRY EXECUTIVE DIRECTOR 40.00
Officer Director
$76,125 $0 $76,125
JOSH SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
TINA BOYER BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $675,184 $456,385 $3,926,504 $218,799
2022 $623,083 $555,293 $3,799,362 $67,790
2021 $410,882 $410,336 $3,723,369 $546
2021 $455,531 $429,379 $3,713,281 $26,152
2020 $842,724 $331,432 $3,836,290 $511,292
2019 $529,496 $438,247 $3,195,603 $91,249
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