2025-12-11T10:56:36-08:00 2025-03-31 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2024-04-01 710875890 Recovery Ventures Corporation RECO 8283575212 PO Box 452 Black Mountain NC 28711 Mike Fort CEO/Executive Director 8283575212 2025-12-11 true true Todd Oldenburg P02281691 8282360206 2025-12-11 2024 2025-03-06 01:10:19Z Mike Fort PO Box 452 Black Mountain NC 28711 2016567 false X recoveryventurescorp.org X 2002 NC Recovery Ventures offers individuals suffering from chronic substance addictions long term residential treatment and aftercare in a safe and healthy environment that promotes self-sufficiency, emotional growth, personal accountability and personal values enhancement. 5 5 20 5 0 0 535605 609202 1631041 1326973 -10590 5081 2279 56472 2158335 1997728 0 0 789225 812531 0 0 1215683 1111323 2004908 1923854 153427 73874 3215382 3297107 12001 20165 3203381 3276942 Recovery Ventures offers individuals suffering from chronic substance addictions long term residential treatment and aftercare in a safe and healthy environment that promotes self-sufficiency, emotional growth, personal accountability and personal values enhancement. false false 1703640 0 1326973 Recovery Ventures provides long-term residential treatment for men and women struggling with substance use disorders. During the year, we operated a structured 24-month residential treatment program that included group and individual counseling, peer support, life skills training, and relapse prevention planning. Despite a major hurricane that caused widespread flooding, extensive power outages and transportation disruptions in our area, we kept all our residents safely housed, secured emergency supplies, and coordinated with local agencies to maintain essential services. Specific program accomplishments this past year: *We served over 200 residents throughout the year *Provided over 40,000 days of housing, meals and care *Provided over 520 hours of counseling for each associate in our care *65% have remained substance-free *Launched 3 separate Internal Businesses *Over 50 associates secured full-time employment *Our associates completed over 2500 hours of service to local community *Donated over 300 cases of clothing and food to local shelters 1703640 true true false false false false false false false 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 true false false false false false false false false true 5 0 20 true false false false false false false false false false false false false X 5 5 true false false false false false false true true false false true true true true true true true true false X X Vera Jones 8283575212 118G Cherry St Black Mountain NC 28711 Mike Fort CEO/Executive Director 40.00 X 132385 0 16439 Vera Jones CFO 40.00 X 84596 0 2340 Sharon Sweede MD Chair 4.00 X X 0 0 0 Walker Stocks Vice-Chair 4.00 X X 0 0 0 Wendy Paben Board Member 1.00 X 0 0 0 Bill Sbrocco Board Member 1.00 X 0 0 0 Jim Thornton Board Member 1.00 X 0 0 0 216981 0 18779 1 false false false 218370 390832 201013 609202 Contract Income 623220 1070113 0 0 Associate Housing 623220 141614 0 0 Admission Fees 623220 18260 0 0 Other Client Services 623220 96986 0 0 1326973 6468 0 6468 1387 -1387 -1387 0 0 -1387 34251 17452 16799 16799 Credit Card Rewards 999999 2393 0 0 2393 Insurance Disaster Recovery 999999 37280 0 0 37280 39673 1997728 1326973 0 61553 236761 189409 47352 0 111314 89051 22263 0 343946 275156 68790 0 5628 4503 1125 0 64526 51621 12905 0 50356 40285 10071 0 6146 0 6146 0 299 0 299 0 3800 3800 0 0 1889 1889 0 0 34551 22190 12361 0 215810 200322 15488 0 4894 4894 0 0 110117 106813 3304 0 84106 75695 8411 0 Recovery Support: Food Assistance 240408 240408 0 0 Recovery Support: Transportation 153483 153483 0 0 Recovery Support: Utilities 26082 26082 0 0 Restitution 8773 8773 0 0 220965 209266 11699 0 1923854 1703640 220214 0 250402 172019 220704 281104 205137 228846 17664 25497 86637 84288 3282899 872437 2420572 2410462 14266 94891 3215382 3297107 12001 19165 1000 12001 20165 X 3203381 3276942 3203381 3276942 3215382 3297107 73874 -313 X false false false X 0 0 794808 543096 506223 535605 609202 2988934 1293651 1474413 1968091 1646100 1361224 7743479 0 0 2088459 2017509 2474314 2181705 1970426 10732413 0 0 0 10732413 1324 1188 3775 1147 6468 13902 1324 1188 3775 1147 6468 13902 1537 39673 41210 10787525 0.99490 0.99910 0.00130 0.00070 X Pt III Ln 12 Other Income Part III, Line 12 Description: Miscellaneous Income 2023: 1537. 2024: 2393. Description: Insurance Disaster Recover 2024: 37280. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 424872 424872 2259827 460796 1799031 343116 199753 143363 255084 211888 43196 2410462 X 171761 Fair Market Value X Donated Equipement Captialzied 6 29252 Fair Market Value false true false Pt VI, Line 11b Form 990 is reviewed and corrected by the CEO and CFO prior to filing with the IRS. Pt VI, Line 12c Potential conflicts of interest are handled on a base by case basis. Voting members with a potential conflict of interest are prohibited from voting on the matter. Pt VI, Line 15a CEO compensation is subject to approval by the board. Pt VI, Line 15b CFO compensation is subject to approval by the board. Pt VI, Line 2 Board members Sharon Sweede and Bill Sbrocco and wife and husband. Form 990, Part IX, Line 24e Other Program Activity and Support 54390. 54390. 0. 0. Form 990, Part IX, Line 24e In Kind Goods Utilized 151264. 151264. 0. 0. Form 990, Part IX, Line 24e Books and Education 10312. 493. 9819. 0. Form 990, Part IX, Line 24e Licenses and Taxes 4999. 3119. 1880. 0.