2023-08-14T12:27:31-07:00 2022-12-31 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2022-01-01 581556963 Interfaith Assistance Ministry Inc INTE 8286977029 PO Box 2562 Hendersonville NC 28793 Elizabeth Moss Executive Director 8286977029 2023-08-14 true Elizabeth Moss true Todd Oldenburg P02281691 8282360206 2023-08-14 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Elizbeth Moss PO Box 2562 Hendersonville NC 28793 4202144 false X iam-hc.org X 1984 NC To assist members of our community experiencing crisis with basic needs, in an atmosphere of compassion and respect. 16 16 35 386 0 0 2733425 3870927 0 126597 2920 -7279 2860022 3866568 431297 571965 0 789451 846936 0 156279 1170446 2044344 2391194 3463245 468828 403323 5259274 5574672 551459 603270 4707815 4971402 X To assist members of our community experiencing crisis with basic needs, in an atmosphere of compassion and respect. true false 3026898 571965 0 IAM provided 71,830 crisis service touches to neighbors in need in 2022. Those services included food orders that fed 67,492 children and adults providing enough food to prepare 809,904 meals. In 2022 IAM launched our Mobile Pantry to further extend our community outreach. IAM provided financial assistance, working directly with utilities and landlords, that helped 409 families avoid disconnections and provided 314 households with rent or mortgage assistance; gasoline vouchers and bus tickets assisted 320 individuals. The Clothing Assistance department served 5,769 individuals providing clothing, jackets, shoes and linens to neighbors in need. IAM provided personal care assistance providing 2,749 packages of diapers, 1,945 feminine hygiene packages,727 boxes of laundry detergent and 3,144 bags of pet food. 3026898 true true false false false false false false false true true false false false true true true false false false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 42 0 true 35 true false false false false false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true true false X X Patrick Nolan 8286977029 310 Freeman St Hendersonville NC 28792 Elizabeth Moss Executive Director 40.00 X 106764 0 6365 Rick Merrill President 5.15 X X 0 0 0 Sharon Tirrell Vice President 3.15 X X 0 0 0 Linda Showalter Secretary 0.37 X X 0 0 0 Terry Andersen Treasurer 0.29 X X 0 0 0 Rabbi Rachael Jackson Board Member 0.20 X 0 0 0 Kaye Brownlee Board Member 0.83 X 0 0 0 Marcia Caserio Board Member 0.04 X 0 0 0 Rev Alfredo Oviedo Board Member 0.11 X 0 0 0 Areli Perez Nava Board Member 0.24 X 0 0 0 Paige Posey Board Member 2.62 X 0 0 0 Rhona Reagan Board Member 0.16 X 0 0 0 John Shiery Jr Board Member 0.21 X 0 0 0 Ella Stenstrom Board Member 0.08 X 0 0 0 Dick Weaver Board Member 0.41 X 0 0 0 Christa Willey Board Member 0.41 X 0 0 0 Alice Hunter Board Member 0.41 X 0 0 0 106764 0 6365 1 false false false Cooper Construction Inc P O Box 806 Hendersonville NC 28793 Contruction 133271 1 121072 3749855 1775853 3870927 15994 0 15994 -6210 -6864 -6210 -6864 -13074 0 0 -13074 328297 335576 -7279 -7279 3866568 -7279 0 2920 571965 571965 113129 22626 28282 62221 636863 428838 155672 52353 28483 21954 5631 898 68461 45810 14077 8574 15200 0 15200 0 6570 0 6570 0 15798 0 1822 13976 30819 20775 7814 2230 27317 15677 8420 3220 52284 42576 7281 2427 5163 5163 0 0 15264 14906 269 89 154061 123249 23109 7703 14899 11467 2292 1140 In Kind Donations Utilized 1693929 1693929 0 0 Miscellaneous 384 266 75 43 Board and Staff Expenses 10950 6844 2701 1405 Dues and Subscriptions 1706 853 853 0 3463245 3026898 280068 156279 324311 899547 25000 160000 15292 5687 270582 180743 4432589 671409 3542414 3761180 969374 424724 112301 142791 5259274 5574672 78725 74885 472330 504089 404 24296 551459 603270 X 4167155 4217300 540660 754102 4707815 4971402 5259274 5574672 403323 -139736 X false true X true false X 0 1225731 1713716 2241030 2733425 3870927 11784829 0 0 1225731 1713716 2241030 2733425 3870927 11784829 152476 11632353 603 22772 14856 21647 15991 75869 0 48382 49270 0 0 97652 11958350 328297 0.97270 0.97700 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: Fundraising income -gross 2018: 48382. 2019: 49270. 2020: 0. 2021: 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112301 -15075 1889 857 94480 99273 15640 1826 786 112301 96774 6738 3596 643 99273 85419 15525 3500 670 96774 85419 85419 0.16000 0.84000 true false 0 201364 201364 3503453 415449 3088004 197080 52262 144818 277929 144872 133057 252763 58826 193937 3761180 Lease Obligation 24296 24296 X 4055838 -139736 -139736 4195574 6570 -335576 -329006 3866568 3792251 335576 335576 3456675 6570 6570 3463245 Pt X, Line 2 Interfaith Assistance Ministry is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to an organization's tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities during the year and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). Interfaith Assistance Ministry believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Pt XI, Line 4b Thrift Store income is presented at gross on the audit per GAAP and expenses and thrift store donated COGS are presented as an expense. For 990 reporting purposes these amounts are netted with the income to arrive at a net income amount. Pt XII, Line 2d Thrift Store income is presented at gross on the audit per GAAP and expenses and thrift store donated COGS are presented as an expense. For 990 reporting purposes these amounts are netted with the income to arrive at a net income amount. true 0 0 Utilities Assistance 409 165439 Food Assistance 67492 166539 Rent Assistance 314 169583 Clothing 5769 49707 Transportation 320 15050 Other 46 5647 X 65529 10,081 bags, $6.50 per bag X 1 2940 Stock Market Value X 341477 1707384 889,262lbs, $1.92 per lb false true false Pt VI, Line 11b The 990 is prepared by a CPA firm, reviewed by management and presented to the board for review to propose revisions and/or final approval. Pt VI, Line 12c Enforced as necessary. Any board member with a conflict of interest on any specific issue informs the board and abstains from voting on the issue. Pt VI, Line 15a In the annual budgeting process, the board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increases for employees are determined by the executive director and the leadership team consisting of the CFO and the COO. Salaries are based on comparable nonprofit salaries in Western North Carolina and survey information from the North Carolina Center for Nonprofits. Pt VI, Line 18 Forms 990 are available through the websites of many charity watch organizations and upon request. Form 1023 is available upon request. Pt VI, Line 19 Governing document and reviewed financial statements are available upon request. Pt VI, Line 15b In the annual budgeting process, all officers and key employees salaries are reviewed as outlined in the explanation for line 15(a) Pt III, Line 2 Interfaith Assistance Ministry opened a thrift store in March 2022 to provide a permanent revenue stream from the donations we receive to help pay for the organization's crisis services and operating costs.