Nonprofit · EIN 56-2110357
WNC BRIDGE FOUNDATION
Tax-exempt · ASHEVILLE, NC 28803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,836,735 | $9,097,750 | $2,738,985 | $128,597,202 | $3,891,263 | $124,705,939 |
| December 31, 2023 | 990 | $4,463,165 | $8,053,497 | -$3,590,332 | $127,467,872 | $11,208,678 | $116,259,194 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,399,149
- Program service revenue
- $0
- Investment income
- $9,523,863
- Royalties
- $552
- Net rental income
- $58,194
- Net gain from sales of assets
- $7,612,065
- Net income from sales of inventory
- $854,178
- Other revenue
- $913,723
Expenses
- Grants and similar amounts paid
- $4,299,378
- Compensation of officers, directors and key employees
- $259,559
- Other salaries and wages
- $1,464,423
- Salaries, compensation and benefits (total)
- $2,103,387
- Professional fundraising fees
- $0
- Legal fees
- $6,168
- Accounting fees
- $56,435
- Occupancy
- $576,853
- Travel
- $47,510
- Depreciation
- $649,987
- Program services (functional)
- $4,881,702
- Management and general (functional)
- $3,322,631
- Fundraising (functional)
- $893,417
Balance sheet and other
- Total assets, start of year
- $127,467,872
- Total assets, end of year
- $128,597,202
- Total liabilities, end of year
- $3,891,263
- Net assets, end of year
- $124,705,939
- Land, buildings and equipment
- $9,425,486
- Publicly traded securities
- $92,941,921
- Net assets without donor restrictions
- $121,332,999
- Net assets with donor restrictions
- $3,372,940
- Gross unrelated business income
- $63,715
- Gross receipts
- $52,382,630
- Employees
- 43
- Volunteers
- 108
- Year formed
- 1998
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT W BUCHANAN | CEO & PRESIDENT Trustee or director, Officer | 40 | $215,141 | $44,418 |
| JESSICA BENTLEY | VICE PRESIDENT, FINANCE Highest-paid employee | 40 | $117,744 | $19,540 |
| DAVID W HART | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MATT GROOME CPA CFP QPFC | CHAIR-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| GAY P VINSON | PAST-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KERRY FRIEDMAN JD | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DAVID L HAYES | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ELIZABETH COZART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EUGENE EDWARDS JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY FUTCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNA HASTIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN BAXTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEAN LEE JD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM N LEWIN CPA CGMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENDI MANN-STADT JD | DIRECTOR Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAJANE MELTON MHS | DIRECTOR Trustee or director | 1 | $0 |
| CATHERINE METZGER | DIRECTOR Trustee or director | 1 | $0 |
| LOWELL PEARLMAN | DIRECTOR Trustee or director | 1 | $0 |
| LARY A SCHULHOF MD | DIRECTOR Trustee or director | 1 | $0 |
| KATE VOGEL | DIRECTOR Trustee or director | 1 | $0 |
| ALLISON KRIVATCH | DIRECTOR Trustee or director | 1 | $0 |
| JOHN PIERCE | DIRECTOR Trustee or director | 1 | $0 |
| WINFIELD WORD-SIMS MD | DIRECTOR Trustee or director | 1 | $0 |
| HAIZE LEWIS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT W BUCHANAN | CEO & PRESIDENT Trustee or director, Officer | 40 | $221,000 | $37,363 |
| JESSICA BENTLEY | VICE PRESIDENT, FINANCE Highest-paid employee | 40 | $102,715 | $20,639 |
| DAVID W HART | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MATT GROOME CPA CFP QPFC | CHAIR-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| GAY P VINSON | PAST-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| H DENNISTON CREWS MD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KERRY FRIEDMAN JD | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN BAXTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH COZART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EUGENE EDWARDS JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY FUTCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNA HASTIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID L HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEAN LEE JD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM N LEWIN CPA CGMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENDI MANN-STADT JD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARAJANE MELTON MHS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHERINE METZGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LOWELL PEARLMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARY A SCHULHOF MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE VOGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 294 OVERLOOK RD, ASHEVILLE, NC 28803-3317
- In care of
- % DIANN BOLICK
- Principal officer (990 for 2024)
- SCOTT BUCHANAN, 294 OVERLOOK ROAD, ASHEVILLE, NC 28803
- Signed the 990
- SCOTT BUCHANAN, CEO & PRESIDENT
- Phone
- (828) 277-4815
- Website
- WNCBRIDGE.ORG
- Return prepared by
- DMJPS PLLC
Mission
WNC BRIDGE FOUNDATION EXISTS TO CONNECT OUR COMMUNITIES TO A HEALTHIER FUTURE AND TO CREATE LASTING CHANGE THROUGH LOCAL PARTNERSHIPS. OUR EFFORTS ARE FOCUSED ON EXPANDING ACCESS AND EQUITY FOR VULNERABLE POPULATIONS IN OUR COMMUNITIES.WE ARE A COMMUNITY-BASED CHARITABLE ORGANIZATION THAT WORKS TO PROVIDE FUNDS TO SUPPORT AND ASSIST IN MEETING THE MANY HEALTH CHALLENGES THAT FACE THE PEOPLE OF WNC. WE PROVIDE DIRECT SUPPORT AND ALSO EMPOWER CAREFULLY SELECTED NON-PROFITS TO IMPACT INDIVIDUAL AND COMMUNITY WELLNESS IN OUR COMMUNITIES THROUGHOUT THE WNC REGION.
Program accomplishments
- WNC BRIDGE FOUNDATION INVESTED $4,299,378 IN GRANTS AND COMMUNITY INITIATIVES IN THE EIGHTEEN COUNTIES OF WESTERN NORTH CAROLINA.-$13,874 IN SAFE HOUSING AND FOOD INSECURITY (AIM GRANTS)-$844,208 IN ADDITIONAL WNC BRIDGE COMMUNITY INITIATIVES (RATHBUN HOUSE, YOU'RE SPECIAL FUND, CHILDREN'S SERVICES FUND, HEALTH SCHOLARSHIPS AND WNC GREATEST NEEDS, HURRICANE HELENE RELIEF)-$992,406 IN NOW GRANT FUNDING FOR NON-PROFITS TO OBTAIN QUICK FUNDING AND FUNDING FOR HURRICANE RELIEF-$290,094 IN SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS AND SPONSORSHIPS FOR NON-PROFIT FUNDRAISERSExpenses $2,722,906 · grants $2,140,582 · revenue $97,040
- IMPACT GRANTS OF $2,158,796 WERE AWARDED TO LOCAL NON-PROFITS IN WNC.Expenses $2,158,796 · grants $2,158,796
- THE ORGANIZATION OPERATES A THRIFT STORE AND OFFERS ESTATE SALES. INCOME FROM THE THRIFT STORE AND COMMISSIONS FROM ESTATE SALES ARE INCLUDED IN REVENUE FROM THE SALE OF INVENTORY. THE COST OF GOODS SOLD FOR THE THRIFT STORE, $288,661, IS NETTED WITH REVENUE, $1,142,839.THE DONATIONS TO THE THRIFT STORE ARE NOT INCLUDED IN NON-CASH CONTRIBUTIONS.revenue $854,178
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2110357
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $128,597,202
- Income (IRS master file)
- $52,382,630
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,836,735 | $9,097,750 | $128,597,202 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $4,463,165 | $8,053,497 | $127,467,872 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $5,813,436 | $8,723,889 | $118,883,660 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2110357).
Questions about WNC BRIDGE FOUNDATION
- What is the EIN of WNC BRIDGE FOUNDATION?
- The employer identification number (EIN) of WNC BRIDGE FOUNDATION is 56-2110357.
- Is WNC BRIDGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to WNC BRIDGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WNC BRIDGE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WNC BRIDGE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WNC BRIDGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WNC BRIDGE FOUNDATION?
- The 990 for the year ended December 31, 2024 names SCOTT BUCHANAN.
- Who are the officers and directors of WNC BRIDGE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 24 people; 2 received compensation from the organization, the highest $215,141 (SCOTT W BUCHANAN, CEO & PRESIDENT).
- How much revenue does WNC BRIDGE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,836,735, expenses of $9,097,750 and total assets of $128,597,202 at year end.
Other nonprofits in ASHEVILLE
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- THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC EIN 56-1223384 · last filed 990 for 2025
- UNITED WAY OF ASHEVILLE & BUNCOMBE COUNTY INC EIN 56-0576157 · last filed 990 for 2025
- MOUNTAIN BIZCAPITAL INC EIN 14-1864873 · last filed 990 for 2025
- MOROSANI FOUNDATION EIN 82-3813375 · last filed 990-PF for 2025
- VERNER EIN 56-2040462 · last filed 990 for 2025
- TZEDEK SOCIAL JUSTICE FUND EIN 81-4130127 · last filed 990-PF for 2024
- ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION EIN 56-1762978 · last filed 990 for 2025
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