NonprofitsRecovery Ventures Corporation

Mental Health & Crisis Intervention

Recovery Ventures Corporation

BLACK MTN, NC

Total revenue

$2.0M

Total expenses

$1.9M

Net assets

$3.3M

Grants received

$1.4M

13 grants

EIN

710875890

Tax year

2024

Mission

Recovery Ventures offers individuals suffering from chronic substance addictions long term residential treatment and aftercare in a safe and healthy environment that promotes self-sufficiency, emotional growth, personal accountability and personal values enhancement.

Programs

1 program

Specific program accomplishments this past year: *We served over 200 residents throughout the year *Provided over 40,000 days of housing, meals and care *Provided over 520 hours of counseling for each associate in our care *65% have remained substance-free *Launched 3 separate Internal Businesses *Over 50 associates secured full-time employment *Our associates completed over 2500 hours of service to local community *Donated over 300 cases of clothing and food to local shelters

Financials

FY 2024

Revenue

Contributions & grants$609K
Program service revenue$1.3M
Investment income$5K
Other revenue$56K
Total revenue$2.0M

Expenses

Grants paid
Salaries & benefits$813K
Fundraising
Other expenses$1.1M
Total expenses$1.9M
Total assets$3.3M
Net assets$3.3M

People

7 listed

NameRoleCompensation

Mike Fort

CEO/Executive Director

Board

$132K

40 hrs/wk

Vera Jones

CFO

Board

$85K

40 hrs/wk

Sharon Sweede MD

Chair

Board

4 hrs/wk

Walker Stocks

Vice-Chair

Board

4 hrs/wk

Wendy Paben

Board Member

Board

1 hrs/wk

Bill Sbrocco

Board Member

Board

1 hrs/wk

Jim Thornton

Board Member

Board

1 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$45K
REPAIRS & EQUIPMENT
2024
$10K
CHARITABLE GIFT
2024
$163K
FOOD DISTRIBUTION
2022
$2K
CHARITABLE USE
2022
$154K
FOOD DISTRIBUTION
2021
$1K
CHARITABLE USE
2021
$216K
FOOD DISTRIBUTION
2020
$500
CHARITABLE USE
2020
$237K
FOOD DISTRIBUTION
2019
$241K
FOOD DISTRIBUTION
2018
$217K
FOOD DISTRIBUTION
2017

Funded by

$1.4M from 3 funders · 13 grants · 2017–2024

Manna Food Bank Inc

$1.4M · 9 grants · 2017–2024

Foundation For The Carolinas

$10K · 1 grant · 2024

The Hedrick Family Foundation

$3K · 3 grants · 2020–2022

Details

EIN710875890
NTEE codeF20
Subsection03
Ruling date2002-12
Formed2002
Employees20
Volunteers5
RECOVERY VENTURES CORPORATION — Mission, Financials & Grants Received | Grantivo