Public Charity

Recovery Ventures Corporation

Recovery Ventures Corporation is a Public Charity headquartered in Black Mountain, NC. Financial data from the 2025 filing: $2.0M revenue, $1.9M expenses, $3.3M total assets. 12 publicly reported grants to this organization, totaling roughly $133K, appear in IRS filings.

EIN: 710875890 Black Mountain, NC Latest filing: 2025
Total Revenue$2.0M
Total Expenses$1.9M
Total Assets$3.3M
Grant Records12
Funding Total$133K
Filing Years2021–2025

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.

Officers & Directors

Board Member Bill Sbrocco
Board Member Jim Thornton
CEO/Executive Director Mike Fort
Chair Sharon Sweede Md
CFO Vera Jones
Vice-Chair Walker Stocks

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROMOTING QUALITY HEALTH
$77,810 1 grant
REPAIRS & EQUIPMENT
$45,000 1 grant
CHARITABLE GIFT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.0M $1.9M $3.3M
2024 $2.2M $2.0M $3.2M
2023 $2.5M $2.0M $3.1M
2022 $2.3M $1.9M $2.8M
2021 $1.7M $1.8M $2.2M

Between 2021 and 2025, reported annual revenue grew from $1.7M to $2.0M (+18%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

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