Point Cadet Development Corporation is located in Biloxi, MS. The organization was established in 1985. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Point Cadet 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 09/2017, Point Cadet Development Corporation generated $14.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $165.0k during the year ending 09/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
MAINTAIN PROPERTY ACQUIRED IN WATERFRONT DEVELOPMENT PROJECT FOR THE CITY OF BILOXI, MISSISSIPPI
MAINTAIN PROPERTY ACQUIRED IN WATERFRONT DEVELOPMENT PROJECT FOR THE CITY OF BILOXI, MISSISSIPPI
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Gilich Mayor Of Biloxi President | 0 | $0 | |
David Johnson Secretary/treasurer | 0 | $0 | |
Andrew Gilich Mayor Of Biloxi President | 0 | $0 | |
David Johnson Secretary/treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,131 |
| Membership dues | $0 |
| Investment income | $79 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,210 |
| 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 | $0 |
| Total expenses | $165,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,735 |
| Other assets | $0 |
| Total assets | $131,817 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,817 |