2023-11-15T10:01:56-06:00 2022-12-31 560570567 DMJPS PLLC 451 N MAIN STREET SUITE 105 MARION NC 28752 990 2022-01-01 561749857 MAXWELL M CORPENING JR MEMORIAL CENTER INC MAXW 8286599622 CO STEVE MCMAHAN PO BOX 2400 MARION NC 28752 STEVE MCMAHAN PRESIDENT 8286525145 2023-11-09 1 STEVE MCMAHAN 999009999 0 APRIL WESTMORELAND CPA P01245071 8286527044 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVE MCMAHAN C/O STEVE MCMAHAN PO BOX 2400 MARION NC 28752 613105 0 X N/A X 1990 NC TO PROVIDE A RECREATION FACILITY FOR THE RESIDENTS OF MCDOWELL COUNTY 15 14 1 15 0 0 404707 515732 0 0 108914 39218 44039 45257 557660 600207 205189 120684 0 0 2654 2335 0 0 0 271343 267246 479186 390265 78474 209942 6823623 6605675 1485190 908752 5338433 5696923 TO PROVIDE A RECREATION FACILITY FOR MCDOWELL COUNTY. 0 0 337793 120684 THE ORGANIZATION HAS CONTRACTED WITH THE YMCA OF WESTERN NORTH CAROLINA TO PROVIDE FOR THE DAILY OPERATION OF YMCA PROGRAMS, WITH BOTH FINANCIAL SUPPORT AND FACILITY PROVIDED TO THE YMCA BY THE ORGANIZATION. 337793 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X TERRI LAWS 8286599622 PO BOX 2400 MARION NC 28752 RAY BUCHANAN DIRECTOR 0.30 X 0 0 0 DAVID WOOTEN SECRETARY/TREASURER 0.30 X X 0 0 0 CHUCK ABERNATHY ASS'T SECRETARY/TREASURER 0.30 X X 0 0 0 PAUL VEST DIRECTOR 0.30 40.00 X 0 252787 36590 GRAYSON ENGLAND DIRECTOR 0.30 X 0 0 0 WEYLAND PREBOR DIRECTOR 0.30 X 0 0 0 STEVE MCMAHAN PRESIDENT 1.00 X X 0 0 0 FRANK DEAN VICE PRESIDENT 0.30 X X 0 0 0 RAY MCKESSON DIRECTOR 0.30 X 0 0 0 CAROL WOLFENBARGER DIRECTOR 0.30 X 0 0 0 NATALIE GOUGE DIRECTOR 0.30 X 0 0 0 HILL EVANS DIRECTOR 0.30 X 0 0 0 RICKY BUCHANAN DIRECTOR 0.30 X 0 0 0 STEVE GAITO DIRECTOR 0.30 X 0 0 0 ROB WARREN DIRECTOR 0.30 X 0 0 0 0 252787 36590 0 0 1 0 0 515732 515732 42116 42116 45257 0 45257 45257 45257 10000 12898 -2898 -2898 -2898 600207 45257 0 39218 120684 120684 2310 2310 25 25 500 500 8036 8036 8382 8382 711 711 2279 2279 26988 26988 200861 200339 522 16770 16770 REPAIRS & MAINTENANCE 2719 2719 390265 337793 52472 0 476263 398092 341685 342369 8303678 3939533 4508345 4364145 1487438 1390133 9892 110936 6823623 6605675 9185 8752 1200000 900000 276005 0 1485190 908752 X 5001048 5359538 337385 337385 5338433 5696923 6823623 6605675 X 209942 -127457 276005 0 X X 1 X 0 1 0 X X X 1 YMCA OF WESTERN NORTH CAROLINA 560530013 7 1 120684 0 1 120684 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 0 PART IV, SECTION D, QUESTION 3 THE CEO AND BOARD CHAIR OF THE ORGANIZATION'S SUPPORTED ORGANIZATION ARE VOTING BOARD MEMBERS OF THE ORGANIZATION. ALL ACTIVITIES OF THE ORGANIZATION AND ALL BOARD ACTIONS ARE THEREFORE COMPLETELY TRANSPARENT TO AND INFLUENCED BY THE SUPPORTED ORGANIZATION. PART IV, SECTION E, LINE 2A THE ORGANIZATION'S MISSION IS TO PROVIDE A RECREATION FACILITY FOR THE RESIDENTS OF MCDOWELL COUNTY. THE ORGANIZATION HAS CONTRACTED WITH THE YMCA OF WESTERN NORTH CAROLINA TO PROVIDE FOR THE DAILY OPERATION OF YMCA PROGRAMS, WITH BOTH FINANCIAL SUPPORT AND FACILITY PROVIDED TO THE YMCA BY THE ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 337385 684 684 337385 337385 683 683 337385 337385 682 682 337385 337385 680 680 337385 337385 1084 1084 337385 0.00000 1.00000 0.00000 0 0 319945 319945 7839395 3797841 4041554 107960 105314 2646 36378 36378 0 4364145 X PART X, LINE 2: THE CENTER IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. IT IS THE CENTER'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, EFFECT THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2022 AND 2021. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING 2019; HOWEVER, NO EXAMINATIONS ARE IN PROCESS OR ANTICIPATED. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. PART V, LINE 4 INTENDED USE FOR DONOR RESTRICTED ENDOWMENTS: REVENUE FROM LOW-RISK INVESTMENTS TO BE USED TO AID IN PROVIDING YMCA MEMBERSHIP TO THE RESIDENTS OF MCDOWELL COUNTY, WITH PREFERENCE GIVEN TO SENIOR CITIZENS. 1 YMCA OF WESTERN NORTH CAROLINA 40 NORTH MERRIMON AVE STE 309 ASHEVILLE NC 28804 560530013 501(C)(3) 120000 0 CONTRIBUTIONS TO BE USED AS SUBSIDY FOR YMCA PROGRAM SERVICES. YMCA OF WESTERN NORTH CAROLINA 40 NORTH MERRIMON AVE STE 309 ASHEVILLE NC 28804 560530013 501(C)(3) 684 0 SCHOLARSHIPS FOR SENIOR CITIZENS 1 0 PART I, LINE 2: THE ORGANIZATION REQUIRES REGULAR REPORTING FROM THE SUPPORTED ORGANIZATION. FINANCIAL AND OPERATIONAL UPDATES ARE PROVIDED TO THE BOARD AT EVERY MEETING. FURTHER, REPRESENTATIVES OF THE ORGANIZATION ARE ALSO MEMBERS OF THE YMCA OF WESTEREN NORTH CAROLINA'S BOARD AND THE MAXWELL M. CORPENING JR. MEMORIAL FOUNDATION'S BOARD. 0 0 0 0 0 0 0 0 0 PAUL VEST DIRECTOR 0 252787 0 0 0 0 0 30577 0 6013 0 289377 0 0 FORM 990, PART I, LINE 3 THE MEMBERS OF THE GOVERNING BODY CONSIST OF EX-OFFICIO MEMBERS AND COMMUNITY MEMBERS. EX-OFFICIO MEMBERS SHALL BE THOSE PERSONS SERVING AS THE (1) SHERIFF OF MCDOWELL COUNTY; (2) THE CITY EXECUTIVE OFFICER OF A LOCAL COMMUNITY BANK; (3) THE SENIOR MINISTER OF THE FIRST PRESBYTERIAN CHURCH IN MARION, NORTH CAROLINA; (4) THE PRESIDENT OF THE YMCA OF WESTERN NORTH CAROLINA; AND (5) A MEMBER OF THE BOARD OF THE YMCA OF WESTERN NORTH CAROLINA. THE EX-OFFICIO MEMBERS SHALL HAVE THE OPTION OF APPOINTING SUCH OTHER DIRECTORS, INCLUDING COMMUNITY MEMBERS, AS THEY FEEL NECESSARY FOR THE PROPER CONDUCT AND OPERATION OF THE CORPORATION. COMMUNITY MEMBERS ARE APPOINTED BY THE EX-OFFICIO MEMBERS, AND THEY ARE SELECTED FROM A LIST OF INDIVIDUALS INCLUDING, BUT NOT LIMITED TO, ANY FORMER EX-OFFICIO MEMBER, ANY FORMER TRUSTEES OF THE MAXWELL M. CORPENING MEMORIAL FOUNDATION, ANY PUBLIC OFFICIAL OF THE MCDOWELL COUNTY, NORTH CAROLINA, ANY PUBLIC OFFICIAL OF MARION, NORTH CAROLINA, AND ANY INDIVIDUAL FROM THE MARION, NORTH CAROLINA COMMUNITY WITH RELEVANT PROFESSIONAL OR CIVIC EXPERIENCE THAT MAY CONTRIBUTE TO THE NEEDS AND OPERATIONS OF THE CORPORATION. ALTHOUGH COMMUNITY MEMBERS ARE ELECTED BY EX-OFFICIO MEMBERS, ALL MEMBERS HAVE EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE ORGANIZATION'S FORM 990, INCLUDING ALL REQUIRED SCHEDULES, AS ULTIMATELY FILED WITH THE IRS, WAS ELECTRONICALLY PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BOARD PRIOR TO ITS FILING WITH THE IRS. EACH VOTING BOARD MEMBER REVIEWED THE FORM 990 IN ITS ENTIRETY. ONCE APPROVED BY A MAJORITY OF THE VOTING BOARD MEMBERS, THE PRESIDENT OF THE ORGANIZATION SIGNED FORM 8879-EO TO AUTHORIZE ELECTRONIC TRANSMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED ANNUALLY BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. FORM 990, PART XI, LINE 8 PRIOR PERIOD ADJUSTMENT: THE DECEMBER 31, 2021 FINANCIAL STATEMENTS WERE RESTATED TO REFLECT THE CORRECT BALANCE OF $0 FOR OTHER LIABILITIES (CONTRIBUTION PAYABLE TO SUPPORTED ORGANIZATION) ON LINE 25 OF FORM 990, PART X. AS A RESULT, NET ASSETS WITHOUT DONOR RESTRICTIONS AT DECEMBER 31, 2021 INCREASED BY $276,005. YMCA OF WESTERN NORTH CAROLINA 40 NORTH MERRIMON AVE STE 309 ASHEVILLE NC 28804 560530013 PROVIDE YMCA PROGRAMS AND SERVICES FOR UNDER-SERVED AND LOW INCOME FAMILIES. NC SECTION 501(C)(3) LINE 7 N/A 0 MAXWELL M CORPENING JR MEMORIAL FOUNDATION INC P O BOX 2400 MARION NC 28752 237201488 PROVIDES ANNUAL OPERATING GRANT TO THE ORGANIZATION NC SECTION 501(C)(3) PF N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0