Planning District 1 Development Corporation is located in Gray, TN. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Planning District 1 Development Corporation 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 06/2023, Planning District 1 Development Corporation generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $54.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RESIDENTIAL SHELTERED GROUP HOMESERVICE FOR 10 CHRONIC MENTALLY ILL ADULTS. SUBIDIZED BY THE US DEPARTMENT OF HOUSING URBAN DEVELOPMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Gibson Treasurer | 0 | $0 | |
Bobby Cassell Chair | 0 | $0 | |
Mavis Spivey Board Member | 0 | $0 | |
Judy Roberts Board Member | 0 | $0 | |
Robert Ledford Secretary | 0 | $0 | |
Delores Belcher Vice-Chair | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $48,586 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,589 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,326 |
| Total expenses | $54,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,322 |
| Other assets | $0 |
| Total assets | $92,132 |
| Total liabilities | $186,974 |
| Net assets or fund balances | -$94,842 |