2024-05-15T16:03:15-04:00 2023-06-30 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2022-07-01 561272201 CHATHAM TRADES INC CHAT 9196633481 PO BOX 511 SILER CITY NC 27344 SHAWN POE EXECUTIVE DIRECTOR 9196633481 2024-05-13 SHAWN POE XXX-XX-XXXX true MEGAN A RIDGLEY CPA P01317611 7044993893 2024-05-15 2022 2023-04-26 12:10:37Z SHAWN POE 467 SANDY BRANCH CH RD BEAR CREEK NC 27207 911158 false X CHATHAMTRADES.ORG X 1980 NC COMMUNITY REHABILITATION PROGRAM SERVING ADULTS WITH PHYSICAL, INTELLECTUAL, AND DEVELOPMENTAL DISABILITIES INCLUDING EVALUATION, TRAINING, WORK ACTIVITY, JOB DEVELOPMENT AND JOB PLACEMENT. 7 7 56 43 0 304365 725676 368219 179679 95 0 235474 5803 908153 911158 0 0 947353 854950 0 1540 225470 220897 1172823 1075847 -264670 -164689 941578 1190310 679100 758883 262478 431427 COMMUNITY REHABILITATION PROGRAM SERVING ADULTS WITH PHYSICAL, INTELLECTUAL, AND DEVELOPMENTAL DISABILITIES INCLUDING EVALUATION, TRAINING, WORK ACTIVITY, JOB DEVELOPMENT AND JOB PLACEMENT. false false 884708 662741 SERVED 35 INDIVIDUALS WITH DISABILITIES IN THE SILER CITY AREA. 884708 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false true false true false false false false false false false false false false false true 3 0 56 true false false false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false X SHAWN POE 9196633481 2535 OLD US HWY 421N SILER CITY NC 27344 SHAWN POE EXECUTIVE DI 40.00 X 80700 0 2106 JOHN ELDRIDGE PRESIDENT 2.00 X X 0 0 0 MIKE FISHER SECRETARY/ T 1.50 X X 0 0 0 MARY HARRIS BOARD MEMBER 1.00 X 0 0 0 KENNETH MCPHERSON BOARD MEMBER 1.00 X 0 0 0 MICHAEL PELUSO VICE PRESIDE 1.50 X X 0 0 0 JOSEPH THOMAS BOARD MEMBER 1.00 X 0 0 0 MICHELLE ZANAVICH BOARD MEMBER 1.00 X 0 0 0 80700 2106 false false false 25000 182000 518676 725676 PRODUCTION SALES 624100 179679 179679 179679 226 226 UTILITY INCOME 2657 2657 SERVICES & FEES 2040 2040 GAS TAX REFUND 880 880 5577 911158 185256 80700 70209 10491 636602 552749 82588 1265 85165 79036 5955 174 52483 45020 7369 94 46600 46600 78 78 9182 4886 4296 12761 9353 3408 27464 21422 6042 2653 2604 43 6 1966 1966 26103 26103 21051 21051 22412 17481 4931 PROFESSIONAL FEES 12559 10456 2103 VEHICLES 9882 9882 LEASED EQUIPMENT 7862 6132 1730 REPAIRS AND MAINTENANCE 7388 2412 4976 12936 4422 8513 1 1075847 884708 189599 1540 62172 18070 12550 12550 39885 57053 2743 483 922523 119347 824228 803176 298978 941578 1190310 64693 78599 30000 564407 554036 50000 96248 679100 758883 X 262478 431427 262478 431427 941578 1190310 X -164689 35687 297949 2 X false true X false false X 780385 250674 579585 304365 725676 2640685 780385 250674 579585 304365 725676 2640685 322895 2317790 734 201 95 1030 13305 4323 4996 56556 79180 2720895 1248215 0.85180 0.90490 X PART II, LINE 10 79,180 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 156910 156910 765613 119347 646266 803176 OTHER RECEIVABLES 298978 298978 LINE OF CREDIT 96248 96248 X 946845 35687 35687 911158 911158 1075847 1075847 1075847 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 50L(C)(3) ON ITS EXEMPT FUNCTION INCOME AND IS CLASSIFIED BY THE IRS AS A PUBLICLY SUPPORTED ORGANIZATION. THE ORGANIZATION IS NOT AWARE OF ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2023 AND 2022. SHAWN POE EXECUTIVE DIRECTOR TO ASSIST WITH CASH FLOW X 30000 30000 false false false 30000 SHAWN POE ED 30000 TO ASSIST WITH CF false FORM 990, PAGE 6, PART VI, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: A DRAFT 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION. UPON APPROVAL BY THE BOARD THE 990 IS FINALIZED AND SIGNED BY THE EXECUTIVE DIRECTOR AND SUBMITTED TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ENFORCEMENT OF CONFLICTS POLICY: CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH SIGNATURE ATTESTATION. ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND RESOLVED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: THE EXECUTIVE DIRECTOR'S COMPENSATION IS BASED ON A WAGE COMPARISON WITH CHATHAM COUNTY GOVERNMENT DEPARTMENT HEADS IS AND REVIEWED ANNUALLY. THE BOARD APPROVES SALARY AND ANY SUBSEQUENT SALARY ADJUSTMENTS BASED ON PERFORMANCE REVIEWS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION PROCESS FOR OFFICERS: NO OFFICERS ARE COMPENSATED. KEY EMPLOYEE SALARIES ARE BASED ON COMPARIBILITY DATA AND ARE APPROVED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9 THE ORGANIZATION DISCOVERED DURING THE CURRENT YEAR THAT THE 2022 FINANCIAL STATEMENTS REQUIRED A CORRECTION TO THE PREVIOUSLY STATED FINANCIAL STATEMENTS. THE ADJUSTMENT WAS DUE TO UNDERSTATED EMPLOYEE RETENTION TAX CREDIT AND RESULTED IN AN INCREASE IN ACCOUNTS RECEIVABLE AND INCREASE IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE AMOUNT OF 297,949.