Winston Community Development Inc
- Assets
- $986.1k
- Revenue
- $39.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, MS
- Founding
- 02/2008
- Data as of
- 09/2020
- EIN
- 26-1728790
Organization Overview
Winston Community Development Inc is located in Louisville, MS. The organization was established in 2008. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winston Community Development Inc 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 09/2020, Winston Community Development Inc generated $39.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $8.7k during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (38.0%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT, EDUCATE, CREATE AND PROMOTE ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT ACTIVITY FOR THE COMMON GOOD OF WINSTON COUNTY, MS AND TO MAINTAIN PROGRAMS FOR DONATIONS TO PROMOTE AND MARKET THE COMMUNITY AND FOR RELIEF IN REGUARD TO ANY FEDERAL OR STATE DECLARED DISASTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE ECONOMIC DEVELOPMENT ACTIVITY FOR WINSTON COUNTY
TO PROMOTE ECONOMIC DEVELOPMENT ACTIVITY FOR WINSTON COUNTY
TO PROMOTE ECONOMIC DEVELOPMENT ACTIVITY FOR WINSTON COUNTY
TO PROMOTE ECONOMIC DEVELOPMENT ACTIVITY FOR WINSTON COUNTY
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 |
|---|---|---|---|
David Boydstun Director | Trustee | $0 | |
Kyle Curran Director | Trustee | $0 | |
Glen Haab Treasurer | Trustee | $0 | |
Mike Dowd Director | Trustee | $0 | |
Bruce Lee Director | Trustee | $0 | |
Bennie Hill Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,760 |
| Investment income | $16,735 |
| 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 | $39,495 |
| Statement of Expenses | |
|---|---|
| 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 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 | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,419 |
| Advertising and promotion | $0 |
| Office expenses | $36 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $740,078 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $246,027 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $986,105 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $986,105 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Winston Community Development Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Central Planning & Development District Inc<410 Decatur St Newton, MS | $22,970,956 | $8,929,943 |
Knoxville Convention & Visitors Bureau Inc Knoxville, TN | $5,768,468 | $5,619,069 |
Northwest Arkansas Economic Development District Inc Harrison, AR | $3,285,809 | $5,390,544 |
Southern Bancorp Capital Partners Little Rock, AR | $42,438,691 | $5,768,207 |
Woodlawn Foundation Inc Birmingham, AL | $23,281,492 | $7,022,697 |
Vibrant Memphis Inc Memphis, TN | $19,880,886 | $2,783,167 |
Central Arkansas Planning And Development District Inc Lonoke, AR | $3,810,692 | $3,632,917 |
Mobile Convention & Visitors Corporation Mobile, AL | $2,719,162 | $3,833,596 |
Southeast Ark Economic Development Dist Inc Pine Bluff, AR | $5,360,622 | $3,105,093 |
Tellico Reservoir Development Agency Vonore, TN | $28,907,540 | $4,452,112 |
New Orleans Bioinnovation Center Inc New Orleans, LA | $37,003,037 | $2,583,962 |
Blount Partnership Maryville, TN | $1,822,545 | $3,104,359 |