Hope Community Development Agency
- Assets
- $567.9k
- Revenue
- $45.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Biloxi, MS
- Founding
- 06/2006
- Data as of
- 12/2019
- EIN
- 20-4105073
Organization Overview
Hope Community Development Agency is located in Biloxi, MS. The organization was established in 2006. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Community Development Agency is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Hope Community Development Agency generated $45.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $56.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (39.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
ACTIVITIES INCLUDE LINKING CLIENTS WITH DIRECT SERVICES, COORDINATING PLANNING FOR REDEVELOPMENT EFFORTS, PROVIDING ARCHITECTURAL DESIGN AND TECHNICAL EXPERTISE, AND FACILITATING PRIVATE SECTOR AND COMMUNITY INVESTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING HOMEOWNERS WITH HOUSING REHABILITATION AND MODEL HOME CONSTRUCTION AND DEVELOPMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William F Stallworth Executive Director | Officer | 40 | $0 |
Jonetta Linen Member | Trustee | 1 | $0 |
Joy Young Chairman | Trustee | 1 | $0 |
Michael Anderson Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,044 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,044 |
| Total Program Service Revenue | $0 |
| Investment income | $128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,771 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,163 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,425 |
| Advertising and promotion | $0 |
| Office expenses | $3,724 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,043 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,166 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $307 |
| Insurance | $20,123 |
| All other expenses | $420 |
| Total functional expenses | $56,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,683 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $470,176 |
| Total assets | $567,859 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $27,463 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $200,067 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,243 |
| Total liabilities | $274,773 |
| Net assets without donor restrictions | $293,086 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $567,859 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Community Development Agency has recieved totaling $186,550.
| Awarding Organization | Amount |
|---|---|
Neighborhood Reinvestment Corp Washington, DC PURPOSE: EXPENDABLE | $186,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blue Cross And Blue Shield Of Louisiana Foundation Baton Rouge, LA | $38,803,366 | $3,754,107 |
Renaissance Community Loan Fund Inc Gulfport, MS | $50,426,367 | $5,045,088 |
Center For Planning Excellence Inc Baton Rouge, LA | $2,415,217 | $2,315,226 |
People For Care & Learning Mobile, AL | $1,421,094 | $1,215,551 |
Resilience Force New Orleans, LA | $1,824,285 | $3,073,009 |
Pro Bono Publico Foundation New Orleans, LA | $1,527,473 | $1,031,485 |
Plaquemines Community Care Centers Foundation Inc Belle Chasse, LA | $2,311,370 | $1,731,161 |
C Spire Wireless Foundation Ridgeland, MS | $417,223 | $2,500 |
Prodisee Pantry Inc Daphne, AL | $3,736,781 | $1,491,602 |
Central United States Earthquake Consortium Memphis, TN | $81,679 | $823,102 |
R3sm Inc Hattiesburg, MS | $1,052,769 | $566,847 |
Houston County Ems Association Ashford, AL | $61,233 | $585,800 |