2024-09-19T13:54:29-05:00 2023-12-31 550621482 GRAY GRIFFITH & MAYS AC 707 VIRGINIA STREETEASTSUITE 400 CHARLESTON WV 253012711 990 2023-01-01 200022399 WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC WEST 3045331077 PO BOX 11908 CHARLESTON WV 25339 STEPHANIE TYREE EXECUTIVE DIRECTOR 3045331077 2024-09-17 1 1 J RYAN LINDSAY P01835061 3043459400 2023 2024-08-08 14:25:15Z X STEPHANIE TYREE PO BOX 11908 CHARLESTON WV 25339 2815051 0 X WWW.WVHUB.ORG X 2003 WV THE HUB SUPPORTS COMMUNITIES IN WEST VIRGINIA IN THEIR EFFORTS TO EXPERIENCE PURPOSEFUL, SELF-DIRECTED DEVELOPMENT RESPECTFUL OF LOCAL CULTURE AND VALUES. 12 12 16 109 0 0 1574181 2768166 121911 41248 2562 4103 0 1534 1698654 2815051 436875 917767 0 0 757446 1222744 0 0 10762 304555 374148 1498876 2514659 199778 300392 1180968 1664193 329868 512701 851100 1151492 THE HUB SUPPORTS COMMUNITIES IN WEST VIRGINIA IN THEIR EFFORTS TO EXPERIENCE PURPOSEFUL, SELF-DIRECTED DEVELOPMENT RESPECTFUL OF LOCAL CULTURE AND VALUES. 0 0 2418923 917767 42782 PROVIDED SUPPORT THROUGH PUBLIC/PRIVATE RESOURCES TO COMMUNITY BASED NOT-FOR-PROFIT ORGANIZATIONS SEEKING TO PROMOTE THE ECONOMIC WELL-BEING OF INDIVIDUALS, FAMILIES, COMMUNITIES, AND THE ENVIRONMENT THROUGH ECONOMIC DEVELOPMENT PROGRAMS AND PROJECTS. 2418923 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 1 11 0 16 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WV X STEPHANIE TYREE 3045331077 PO BOX 11908 CHARLESTON WV 25339 CLARA LEHMANN CHAIR 4.00 X X 0 0 0 RALPH GOOLSBY VICE CHAIR 4.00 X X 0 0 0 JOE FLYNN TREASURER 4.00 X X 0 0 0 BRITTANY CAROWICK BOARD MEMBER 2.00 X 0 0 0 SUSAN ECONOMOU SECRETARY 2.00 X X 0 0 0 ASHLEY SHAW BOARD MEMBER 2.00 X 0 0 0 JUDY MOORE BOARD MEMBER 2.00 X 0 0 0 SUSAN ALOI BOARD MEMBER 2.00 X 0 0 0 PETER BUTLER BOARD MEMBER 2.00 X 0 0 0 GREG PUCKETT BOARD MEMBER 2.00 X 0 0 0 PATTI HAMILTON BOARD MEMBER 2.00 X 0 0 0 EJ HASSAN BOARD MEMBER 2.00 X 0 0 0 STEPHANIE TYREE EXECUTIVE DIRECTOR 40.00 X 95671 0 0 95671 0 0 0 0 0 0 0 1535290 1232876 2768166 COMMUNITY DEVELOPMENT 925120 40823 40823 COMMUNITY COACHING 925120 425 425 41248 4103 4103 MISCELLANEOUS 900099 1534 1534 1534 2815051 42782 0 4103 917767 917767 95671 93144 1805 722 868796 845842 16396 6558 183176 178336 3457 1383 75101 73117 1417 567 45650 400 45250 37626 37049 412 165 32425 31951 340 134 36184 35237 676 271 179423 176984 1742 697 8236 2499 5698 39 500 500 8159 4354 3805 LICENSES, DUES, SUBSCRI 12897 9736 3161 STAFF DEVELOPMENT 12798 12007 565 226 BAD DEBT EXPENSE 250 250 2514659 2418923 84974 10762 1010527 1077685 120419 511691 1850 23751 18414 17010 1904 1404 46268 49662 1180968 1664193 100355 334910 183245 128129 46268 49662 329868 512701 X 561513 503028 289587 648464 851100 1151492 1180968 1664193 300392 0 X X 0 1 X 1 1 1 X 1064550 933641 667600 1574181 2768166 7008138 134956 184693 161057 121911 41248 643865 1199506 1118334 828657 1696092 2809414 7652003 666750 546750 404750 731000 793868 3143118 0 666750 546750 404750 731000 793868 3143118 4508885 1686 902 1351 2562 4103 10604 1686 902 1351 2562 4103 10604 1201192 1119236 830008 1698654 2813517 7662607 0.58840 0.51810 0.00140 0.00140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18414 17010 1404 1404 LEASE LIABILITY 49662 49662 X 2815051 0 2815051 0 2815051 2514659 0 2514659 0 2514659 PART X, LINE 2: THE HUB IS CLASSIFIED AS "AN OTHER THAN PRIVATE FOUNDATION AND IS EXEMPT FROM INCOME TAXES ON ITS EXEMPT PURPOSE ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. FOR THE YEAR ENDED DECEMBER 31, 2023, THE HUB HAD NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS. THE HUB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. THE HUB RETURNS FOR YEARS ENDED ON OR AFTER DECEMBER 31, 2020 REMAIN SUBJECT TO EXAMINATION. 0 ADVANTAGE VALLEY INC 550753467 54927 0 WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE AFV EDUCATE 871573175 245078 0 WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE MARSHALL UNIVERSITY RESEARCH CORPORATION 550683361 108774 0 WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE NEW RIVER GORGE REGIONAL DEVELOPMENT AUTHORITY 550683789 238137 0 WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE THE VIRGINIA COMMUNITY DEVELOPMENT FUND 541914519 24745 0 DOWNTOWN APPALACHIA: REVITALIZING RECREATIONAL ECONOMIES WEST VIRGINIA UNIVERSITY 556000842 8354 0 WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE WEST VIRGINIA UNIVERSITY RESEARCH CORPORATION 550665758 88446 0 DOWNTOWN APPALACHIA: REVITALIZING RECREATIONAL ECONOMIES PART II, LINE 1, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: ADVANTAGE VALLEY INC. (H) PURPOSE OF GRANT OR ASSISTANCE: WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE PART II, LINE 2, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: AFV EDUCATE (H) PURPOSE OF GRANT OR ASSISTANCE: WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE PART II, LINE 3, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: MARSHALL UNIVERSITY RESEARCH CORPORATION (H) PURPOSE OF GRANT OR ASSISTANCE: WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE PART II, LINE 4, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: NEW RIVER GORGE REGIONAL DEVELOPMENT AUTHORITY (H) PURPOSE OF GRANT OR ASSISTANCE: WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE PART II, LINE 5, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: THE VIRGINIA COMMUNITY DEVELOPMENT FUND (H) PURPOSE OF GRANT OR ASSISTANCE: DOWNTOWN APPALACHIA: REVITALIZING RECREATIONAL ECONOMIES PART II, LINE 6, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: WEST VIRGINIA UNIVERSITY (H) PURPOSE OF GRANT OR ASSISTANCE: WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE PART II, LINE 7, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: WEST VIRGINIA UNIVERSITY RESEARCH CORPORATION (H) PURPOSE OF GRANT OR ASSISTANCE: DOWNTOWN APPALACHIA: REVITALIZING RECREATIONAL ECONOMIES FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO SIGNING AND FILING WITH THE INTERNAL REVENUE SERVICE. FURTHERMORE, THE EXECUTIVE DIRECTOR AND BOARD EVALUATE THE COMPETENCY OF THE PERSON(S) OR FIRM HIRED TO PREPARE THE RETURN AND CONFIRM THAT THE RETURN IS FILED TIMELY. THE EXECUTIVE DIRECTOR AND BOARD CONSIDER THIS AN APPROPRIATE FIDUCIARY PROCESS, AND ACCORDINGLY, HAVE TAKEN THESE STEPS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND EXPLAINED ANNUALLY TO ALL BOARD MEMBERS. PRIOR TO EACH DISCUSSION AND VOTE, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST. FOR EACH CONFLICT DISCLOSED TO THE CHAIR, THE CHAIR DETERMINES WHAT ACTION IS NECESSARY. AT THE VERY LEAST, THE BOARD MEMBER WITH A CONFLICT OF INTEREST MUST RECUSE HIMSELF/HERSELF FROM DISCUSSION AND VOTING ON THE MATTER AT HAND. SOME CONFLICTS MAY RESULT IN THE NECESSITY FOR THE BOARD MEMBER TO RESIGN THEIR POSITION ON THE BOARD OF DIRECTORS. THE ORGANIZATION'S EXECUTIVE DIRECTOR MONITORS PROPOSED ON-GOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND WILL DISCLOSE ANY TO THE BOARD CHAIR IN ORDER TO ADDRESS POTENTIAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. FORM 990, PART VI, SECTION B, LINE 15 15A - THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR, AND IF THE ORGANIZATION'S FINANCIAL CONDITION ALLOWS, MAKES RECOMMENDATIONS FOR SALARY INCREASES BASED ON AMOUNTS PAID TO EXECUTIVE DIRECTORS OF SIMILAR ORGANIZATIONS. THE EXECUTIVE COMMITTEE'S DECISIONS ARE DOCUMENTED IN MINUTES THAT ARE KEPT ON FILE. 15B - THE EXECUTIVE DIRECTOR EVALUATES ALL OTHER PERSONNEL AND MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS REGARDING SALARY AND COMPENSATION FOR OTHER PERSONNEL BASED ON COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS. THE ORGANIZATION LEASES ITS PERSONNEL FROM AN EMPLOYER'S NETWORK (EIN RESOURCES, LLC) WHICH PROVIDES PERSONEL MANAGEMENT, BENEFITS MANAGEMENT, AND FILING OF ALL RELATED PAYROLL RETURNS. ASCENDHR UTILIZES THE HUB'S PERSONNEL POLICIES AS PROVIDED BY THE BOARD OF DIRECTORS AND PAYS PERSONNEL BASED UPON AMOUNTS AUTHORIZED BY THE HUB'S BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS TAX RETURN AND GOVERNING DOCUEMNTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR.