Hancock County Communitydevelopment Foundation

Organization Overview

Hancock County Communitydevelopment Foundation is located in Bay St Louis, MS. The organization was established in 2006. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hancock County Communitydevelopment Foundation 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 12/2021, Hancock County Communitydevelopment Foundation generated $209.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $206.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SUPPORT THE ECONOMIC AND COMMUNITY DEVELOPMENT, RECOVERY, AND REBUILDING IN HANCOCK COUNTY, AND TO ASSIST COMMUNITIES IN HANCOCK COUNTY WITH DISASTER RECOVERY AND STIMULATE COMMUNITY DEVELOPMENT AND GROWTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INCUBATION OF NOT-FOR-PROFIT CAUSES PROGRAM ACTS AS AN UMBRELLA ORGANIZATION FOR VARIOUS NON-PROFIT CAUSES IT HAS INCUBATED RANGING IN FOCUS FROM EDUCATION TO HISTORIC PRESERVATION.


JOB GENERATION FUND PROGRAM MANAGES PASS-THROUGH GRANTS FROM FEDERAL AND STATE AGENCIES FOR PURPOSES OF ECONOMIC DEVELOPMENT THROUGH THE JOB GENERATION FUND THAT IS PASSED TO SUBRECIPIENTS IN THE FORM OF FORGIVABLE LOANS.


HANCOCK COUNTY CHAMBER COMMITTEES PROGRAM IS TO SUPPORT THE VARIOUS HANCOCK COUNTY CHAMBER COMMITTEES


PASS THROUGH AGENCIES PROGRAM MANAGES VARIOUS CONTRIBUTIONS AND DONATIONS THAT ARE PASSED-THROUGH TO OTHER ORGANIZATIONS FOR THE BENEFIT OF HANCOCK COUNTY.


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$192,436
Investment income $3,269
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $209,705

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Hancock County Communitydevelopment Foundation has recieved totaling $36,000.

Awarding OrganizationAmount
Mississippi Power Foundation Inc

Gulfport, MS

PURPOSE: HANCOCK CTY CHAMBER OF COMMERCE RENT ASSISTANCE PROGRAMS/MINORITY BUSINESS GRANTS

$35,000
Mississippi Power Foundation Inc

Gulfport, MS

PURPOSE: DONATION FOR TEACHERS MAKE A DIFFERENCE PROGRAM

$1,000
View Grant Recipient Profile

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