Corporation For Global Community Development
- Assets
- $390.8k
- Revenue
- $607.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 41-2253250
Organization Overview
Corporation For Global Community Development is located in Jackson, MS. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Corporation For Global Community Development 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, Corporation For Global Community Development generated $607.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $689.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVING THE COMMUNITY THROUGH FOOD OUTREACH, SENIOR HOUSING, EDUCATION AND SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEARTS OF COMPASSION TRANSITIONAL HOUSING PROJECT
YOUTH EDUCATIONAL SUPPORT SERVICES INCLUDING AFTERSHOOL PROGRAMMING AND A VIRTUAL LEARNING INCUBATOR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Biard Founder / Emeritus | Trustee | 5 | $9,500 |
Jeffrey Taylor Vice President/treasurer | Officer | 5 | $6,938 |
Leroi Gray President | Officer | 10 | $0 |
Ruby Denson Secretary | Officer | 2 | $0 |
Charles Hughes Board Member | Trustee | 2 | $0 |
Dorothy Biard Emeritus | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,671 |
| All other contributions, gifts, grants, and similar amounts not included above | $471,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,019 |
| Total Program Service Revenue | $66,260 |
| Investment income | $0 |
| 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 | $607,279 |
| 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 | $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 | $2,739 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,640 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,922 |
| 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 | $31,543 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $689,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,576 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $356,213 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $390,789 |
| 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 | $222,285 |
| Net assets with donor restrictions | $168,504 |
| 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 | $390,789 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Corporation For Global Community Development has recieved totaling $477,500.
| Awarding Organization | Amount |
|---|---|
W K Kellogg Foundation Battle Creek, MI PURPOSE: INCREASE CHILD ACADEMIC OUTCOMES BY PROVIDING ONSITE LEARNING SUPPORTS TO TWENTY-FIVE STUDENTS DURING THE JACKSON PUBLIC SCHOOL DISTRICT'S REMOTE LEARNING SEMESTER | $462,500 |
Aarp Washington, DC PURPOSE: General support | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Scholarships For Kids Inc Birmingham, AL | $21,791,162 | $14,541,038 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Woodward Hines Education Foundation Jackson, MS | $222,031,290 | $28,726,652 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
Uab Research Foundation Birmingham, AL | $14,400,184 | $5,771,462 |
Eminent Scholars Foundation Huntsville, AL | $0 | $754,182 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |