Three Rivers Planning & Development District
- Assets
- $51.5m
- Revenue
- $28.1m
- Investments
- $1.1m
- Employees
- 132
- Location
- Pontotoc, MS
- Founding
- 08/1980
- Data as of
- 09/2023
- EIN
- 64-0507939
Organization Overview
Three Rivers Planning & Development District is located in Pontotoc, MS. The organization was established in 1980. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Three Rivers Planning & Development District employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Rivers Planning & Development District 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 09/2023, Three Rivers Planning & Development District generated $28.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $26.5m during the year ending 09/2023. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROMOTE ECONOMIC DEVELOPMENT IN THE EIGHT COUNTY DISTRICT THAT IT SERVES. THE ORGANIZATION SERVES AS THE LOCAL PLANNING & DEVELOPMENT DISTRICT DESIGNATED BY ARC. ALL PROGRAMS ARE OFFERED IN CONJUNCTION WITH LOCAL GOVERNMENTS TO ACCOMPLISH SPECIFIC OBJECTIVES. ALL FUNDS ARE HELD WITHIN THE ORGANIZATION AND USED TO MATCH FEDERAL/STATE DOLLARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WIOA-PROVIDES JOB TRAINING AND ASSISTANCE TO THOSE MOST IN NEED OF THE JOB SERVICES.
LOAN PROGRAMS-THE DISTRICT PROVIDES LOW INTEREST FINANCING TO BUSINESSES THAT MEET QUALIFICATIONS SET FORTH BY EDA, ARC, FHA AND THE STATE OF MISSISSIPPI. TECHNOLOGY PROGRAMS-THE DISTRICT PROVIDES TECHNICAL ASSISTANCES TO LOCAL GOVERNMENTS AND LOW COST INTERNET SERVICE TO THE DISTRICT AREA. SOLID WASTE PROGRAMS-THE DISTRICT OFFERS SOLID WASTE COLLECTION, MANAGEMENT, FEE BILLING, AMONG OTHER SOLID WAST SERVICES.
AGING-THE ORGANIZATION FUNCTIONS AS THE AREA AGENCY ON AGING FOR THE DISTRICT PROVIDING MEAL SERVICES, TRAINING PROGRAMS, TRANSPORTATION SERVICES AND OTHER SERVICES REQUIRED BY THE AGED.
ECONOMIC DEVELOPMENT-THE DISTRICT'S PRIMARY FUNCTION IS TO PROVIDE ECONOMIC DEVELOPMENT ASSISTANCE TO THE EIGHT COUNTY AREA INCLUDING PLANNING ASSISTANCE, ANNEXATION ASSISTANCE, GRANT ADMINISTRATION AND OTHER DEVELOPMENT ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vernon R Kelley III Executive Di | Officer | 40 | $270,917 |
John Byers Technical As | Officer | 40 | $147,737 |
Ronald E Bell Division Dir | Officer | 40 | $143,632 |
Jeremy Epting Fiscal Direc | Officer | 40 | $140,513 |
Gary Chandler Jr Reg Economic | Officer | 40 | $119,681 |
Jason Bailey Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trio Community Meals Meal Program | 9/29/23 | $1,255,546 |
Qualified Staffing Payroll | 9/29/23 | $1,068,034 |
West Brothers Construction Inc Construction | 9/29/23 | $402,348 |
Work Lease Inc Payroll | 9/29/23 | $307,344 |
Ppm Consultants Consulting | 9/29/23 | $247,726 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,973,784 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,173,784 |
| Total Program Service Revenue | $5,482,317 |
| Investment income | $461,788 |
| 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 | $28,117,889 |
| 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 | $5,644,481 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,081,550 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $1,520 |
| Office expenses | $291,197 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $601,458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,998 |
| Interest | $2,482 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $354,238 |
| Insurance | $160,838 |
| All other expenses | $1,214,250 |
| Total functional expenses | $26,522,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,612,350 |
| Savings and temporary cash investments | $10,699,646 |
| Pledges and grants receivable | $5,520,122 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $20,300,659 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $295,801 |
| Net Land, buildings, and equipment | $755,767 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,059,742 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $271,206 |
| Total assets | $51,515,293 |
| Accounts payable and accrued expenses | $1,434,155 |
| Grants payable | $0 |
| Deferred revenue | $14,357 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $165,747 |
| Other liabilities | $1,464,800 |
| Total liabilities | $3,079,059 |
| Net assets without donor restrictions | $13,356,317 |
| Net assets with donor restrictions | $35,079,917 |
| 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 | $51,515,293 |