Laurens County Resources Inc is located in Ocean Springs, MS. The organization was established in 1988. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Laurens County Resources 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 06/2022, Laurens County Resources Inc generated $67.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $51.3k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES HOUSING FOR THE ELDERLY AND DISABLED PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT THROUGH AN AGREEMENT WITH THE DEPARTMENT OF HUD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wayne Durden Board Member | 0 | $0 | |
Patsy Thomas Board Member | 0 | $0 | |
Bill Clontz Board Member | 0 | $0 | |
Kathy Moses Board Member | 0 | $0 | |
Mj Landry President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $67,365 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $67,366 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $774 |
Professional fees and other payments to independent contractors | $8,535 |
Occupancy, rent, utilities, and maintenance | $34,293 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,706 |
Total expenses | $51,308 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $165 |
Other assets | $0 |
Total assets | $32,130 |
Total liabilities | $144,106 |
Net assets or fund balances | -$111,976 |
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