Improves rural life and agriculture in western North Carolina through innovative programs.
For fiscal year 2024 it reported $4.6M in revenue, $4.0M in expenses, and $4.3M in net assets.Pt I
Where the money goes · FY2024
Total revenue
$4.6M
Pt VIII · Ln 12
Total expenses
$4.0M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $561K
Where spending went · Part IX cols B–D
92%
Program services $0.92 Management & general $0.07 Fundraising $0.01
Program efficiency
92%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▲ +349% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$4.6M
FY2024▲ +125%
$4.6M$2.3M$0
FY2021FY2024
Expenses
$4.0M
FY2024▲ +88%
$4.0M$2.0M$0
FY2021FY2024
Total assets
$4.4M
FY2024▲ +14%
$4.4M$2.2M$0
FY2021FY2024
Total liabilities
$95K
FY2024▼ -31%
$138K$69K$0
FY2021FY2024
Total revenue
$4.6M
Pt VIII · Ln 12
Total expenses
$4.0M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$561K
Total assetsPt X · Ln 16$4.4M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III
Where the work happens
3 program services account for $3.7M of program spending, described in the organization's own filed words · FY2024.
01
Each year since 1949, WNCC has evaluated the applications of community centers across 20 counties in WNC and given cash awards to a network of over 70 community centers that have offered quality programs to serve their residents needs.
$3.7Mprogram expense
02
Hemlock Restoration Initiative (hri)
The objective of HRI is to restore eastern and Carolina hemlocks to their native habitats throughout North Carolina and to mitigate damage to hemlocks caused by infestation of the hemlock woolly adelgid.
Pt IX · col B
03
Wnc Agricultural Options Program
Since 2012, WNC Communities has managed a cost-share grant program to support small family farms in WNC. Funded by the North Carolina General Assembly, through the NC Tobacco Trust Fund Commission, the mission of the WNC AgOptions program is to build sustainable farming communities in the mountain region by providing resources directly…
Jennifer L Ferre’s $94K as Executive Director
is at the 47th percentile of top reported officer pay among 819 $1–10M food & agriculture nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Jennifer L Ferre · Reported title Executive Director · Highest reported compensation $94K · Total expenses $4.0M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $626K · Total expenses $4.0M
16%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
92%
—
—
Overhead ratio
7%
—
—
Fundraising cost ratio
1%
—
—
Revenue growth
125%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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