2024-09-26T10:50:05-07:00 2023-12-31 541950231 DOOLEY & VICARS 21 S SHEPPARD ST RICHMOND VA 23221 990 2023-01-01 453779342 Woodlands Community Lenders Inc WOOD 3044042300 316 Railroad Ave Elkins WV 26241 Sandra Frank President 3044042300 2024-09-26 true true Thomas E Turner CPA P01275584 8043552808 2024-09-26 2023 2024-08-08 14:25:15Z Sandra Frank 316 Railroad Ave Elkins WV 26241 1155937 false X www.woodlandswv.org X 2011 WV The mission of WCL is to foster entrepreneurship and community revitalization by providing access to capital and technical assistance to businesses and non-profit organizations located in the underserved communities of Randolph, Barbour and Tucker Counties. 7 7 3 2 0 0 561325 993708 12848 25176 83409 137053 7200 0 664782 1155937 0 0 90260 176607 0 0 496774 511351 587034 687958 77748 467979 4763274 5360280 2593657 2722684 2169617 2637596 The mission of WCL is to foster entrepreneurship and community revitalization by providing access to capital and technical assistance to businesses and non-profit organizations located in the underserved communities of Randolph, Barbour and Tucker Counties. false false 575998 0 1006884 In 2023, Woodlands Community Lenders closed 22 loans for a total of $1,570,015 in funds lent. We served 77 businesses with lending and technical assistance, resulting in the creation or retention of 59 jobs. 575998 true true false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 13 0 3 true false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true false false false WV X The Organization 3044042300 316 Railroad Ave Elkins WV 26241 X Sandra Frank President 0.50 X X 0 0 0 Becky McClung Vice President 0.50 X X 0 0 0 Mark Doak Treasurer 0.50 X X 0 0 0 Carol Carter Secretary 0.50 X X 0 0 0 Dean Ahern Director 0.50 X 0 0 0 Matt Osborne Director 0.50 X 0 0 0 Robbie Morris Director 0.50 X 0 0 0 Dave Clark Executive Director 5.00 X 0 0 0 false false false 993708 993708 Origination & Application Fees 525990 13176 0 0 Other Income 525990 12000 0 0 25176 137053 0 0 1155937 162229 0 0 133505 133505 0 0 43102 43102 0 0 4898 4898 0 0 13606 10068 3538 0 21800 16132 5668 0 25089 18566 6523 0 54392 54392 0 0 7701 5699 2002 0 2616 1936 680 0 Provision for Loan Losses 90519 90519 0 0 Technical Assistance 43794 43794 0 0 Equipment and Support 19358 14325 5033 0 Contracted Services 225144 137213 87931 0 2434 1849 585 0 687958 575998 111960 0 2129158 1965056 201185 142708 2223225 3067839 91037 30183 68555 60854 141151 123823 4763274 5360280 17336 22789 80000 2435170 2496072 141151 123823 2593657 2722684 X 1147783 659850 1021834 1977746 2169617 2637596 4763274 5360280 467979 X false true X true false X 0 518886 1078010 1282641 561325 993708 4434570 0 0 518886 1078010 1282641 561325 993708 4434570 0 4434570 62750 67346 78123 83409 137053 428681 0 2280 4862 8070 20048 25176 60436 4923687 0.90070 0.90570 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: Other Income 2019: 2280. 2020: 4862. 2021: 8070. 2022: 20048. 2023: 25176. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 80155 21430 58725 10882 8753 2129 60854 Right of Use Asset 123823 123823 Lease Liability 123823 123823 1155937 1155937 1155937 687958 687958 687958 Pt VI, Line 11b A copy of the Form 990 return is provided to the Board of Directors and The Executive Director for review and approval prior to filing. Pt VI, Line 12c In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Pt VI, Line 19 The documents are available upon request at the corporate office.