2024-09-19T07:31:17-05:00 2024-06-30 561607661 LOWDERMILK CHURCH & CO LLP 121 NORTH STERLING STREET MORGANTON NC 28655 990 2023-07-01 561348489 SALT BLOCK FOUNDATION INC SALT 8283244906 243 THIRD AVE NE BOX 7 HICKORY NC 28601 STUART MULL TREASURER 8283244906 2024-09-04 1 0 JAMES LOWDERMILK P01394049 8284331226 2023 2024-08-08 14:25:15Z STUART MULL 243 THIRD AVE NE BOX 7 HICKORY NC 28601 1327434 0 X N/A X 1980 NC THE SALT BLOCK FOUNDATION EXISTS TO PROVIDE AND SUSTAIN FACILITIES FOR ORGANIZATIONS DELIVERING EDUCATION IN NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS FOR RESIDENTS OF THE CATAWBA VALLEY 22 22 10 23 0 0 341674 359561 166275 186293 219249 303416 162156 20 889354 849290 0 0 0 0 165222 156845 0 0 13220 998369 879290 1163591 1036135 -274237 -186845 12907402 13874649 165809 235092 12741593 13639557 NONE 0 0 855240 186293 PROVIDED FACILITIES FOR USE BY VARIOUS NONPROFIT AGENCIES PROVIDING PROGRAMS IN THE NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS AT A VERY MINIMAL COST TO THE NONPROFITSONE OF THE AGENCIES PROVIDES EDUCATIONAL OPPORTUNITIES FOR THE PUBLIC AND SCHOOL AGED CHILDREN. TEACHERS BRING THE STUDENTS TO OUR FACILITIES TO ALLOW FOR HANDS ON LEARNING. 855240 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 8283244906 243 THIRD AVE NE BOX 7 HICKORY NC 28601 LANCE HIGHT BOARD MEMBER 2.00 X 0 0 0 JONELL FIELDS BOARD MEMBER 2.00 X 0 0 0 MICHAEL THOMAS SECRETARY 1.00 X X 0 0 0 THOMAS PARDUE BOARD MEMBER 2.00 X 0 0 0 TAWNY HOMESLEY BOARD MEMBER 2.00 X 0 0 0 KIT CANNON BOARD MEMBER 2.00 X 0 0 0 LAURA COSTELLO BOARD MEMBER 2.00 X 0 0 0 HAYNES KING BOARD MEMBER 2.00 X 0 0 0 STUART MULL TREASURER 3.00 X X 0 0 0 TIM SUMMERS BOARD MEMBER 2.00 X 0 0 0 HANI NASSAR BOARD MEMBER 2.00 X 0 0 0 JULIA MATHESON BOARD MEMBER 3.00 X 0 0 0 DON NORWOOD BOARD MEMBER 2.00 X 0 0 0 ANDREW MATTHEWS PRESIDENT 2.00 X X 0 0 0 JEREMY SHREVE BOARD MEMBER 2.00 X 0 0 0 BETH WATTS ROGERS VICE PRESIDENT 2.00 X X 0 0 0 DAVID WILLIAMS BOARD MEMBER 2.00 X 0 0 0 LAURA TREADWAY BOARD MEMBER 2.00 X 0 0 0 DR WAYNE POWELL BOARD MEMBER 2.00 X 0 0 0 DAVID ZAGAROLI BOARD MEMBER 2.00 X 0 0 0 ERIN HOOKS EXECUTIVE DIRECTOR 40.00 X 21538 0 707 NATHAN HURET BOARD MEMBER 2.00 X 0 0 0 FRANK YOUNG PAST PRESIDENT 2.00 X 0 0 0 TARA BLAND FORMER EXECUTIVE DIRECTOR 40.00 X 46154 0 2383 67692 0 3090 0 1 0 0 0 359561 359561 RENTAL CHARGES 900099 123399 123399 RENTAL OF FACILITIES 900099 62894 62894 186293 195311 195311 586249 478144 108105 108105 108105 20 0 20 20 849290 186293 0 303436 156845 12600 144245 6520 6520 3069 3069 10048 10048 311981 311981 279137 279137 35375 30267 5108 REPAIRS AND MAINTENANCE 208701 205494 3207 SUPPLIES 17059 15531 1528 MISCELLANEOUS 5316 230 4983 103 MEETINGS 2084 2084 1036135 855240 167675 13220 31353 20037 12655 8856 21616 24695 9250995 6756955 2706817 2494040 9984961 11117021 150000 210000 12907402 13874649 160789 227222 5020 7870 165809 235092 X 4661978 5451837 8079615 8187720 12741593 13639557 12907402 13874649 -186845 1084809 0 X 0 1 X 1 0 X 329360 433858 402391 341674 359561 1866844 63630 44943 52565 38964 7058 207160 392990 478801 454956 380638 366619 2074004 2074004 429611 265589 279791 379253 760857 2115101 1500 1500 4190605 0.49490 0.60740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8079615 108105 8187720 7988510 91105 8079615 7830055 158455 7988510 7717975 112080 7830055 7617121 100854 7717975 0 0 750000 750000 750000 709375 40625 7704945 6008534 1696411 31673 24669 7004 14377 14377 0 2494040 INVESTMENTS 11117021 F 11117021 X 1941157 1084809 7058 1091867 849290 0 849290 1043193 7058 7058 1036135 0 1036135 PART X, LINE 2: FASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS MANAGEMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK GREATER THAN A 50% LIKELIHOOD OF BEING RELIZED UPON SETTLEMENT. AS OF JUNE 30, 2024 MANAGEMENT HAS DETERMINED THAT THE SALT BLOCK HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 TARA BLAND FORMER EXECUTIVE DIRECTOR 46154 0 0 0 0 0 1250 0 1133 0 48537 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE AUDIT AND EXECUTIVE COMMITTEES AND THEN PRESENTED TO THE FULL BOARD FOR REVIEW BEFORE BEING FILED FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ANNUALLY DISCLOSES ANY INTERESTS THAT THEY HAVE THAT COULD POTENTIALLY BE CONSIDERED CONFLICTS. THE BOARD MEMBER IS REQUIRED THAT IN THE EVENT THAT AN ISSUE ARISES THAT COULD BE A CONFLICT THE MEMBER RECUSE THEMSELF FROM THE DISCUSSION AND SUBSEQUENT VOTE ON THE ISSUE FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS PUBLISHED A BOARD MEMBERS HANDBOOK THAT CONTAINS ITS GOVERNING DOCUMENTS WHICH IS AVAILABLE UPON REQUEST. IN ADDITION CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST