Petal Public Improvement Corporation
- Assets
- $11.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Petal, MS
- Founding
- 11/1994
- Data as of
- 09/2022
- EIN
- 58-2108327
Organization Overview
Petal Public Improvement Corporation is located in Petal, MS. The organization was established in 1994. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Petal Public Improvement 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 09/2022, Petal Public Improvement Corporation generated $24.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $23.6k during the year ending 09/2022. 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
CAPITAL IMPROVEMENTS FOR CITIZENS OF THE CITY OF PETAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Ducker Mayor | 0.5 | $0 | |
Mike Lott Alderman | 0.5 | $0 | |
Craig Strickland Alderman | 0.5 | $0 | |
Blake Nobles Alderman | 0.5 | $0 | |
Drew Brickson Alderman | 0.5 | $0 | |
Gerald Steele Steele Alderman | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $4,923 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,925 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,074 |
| Total expenses | $23,624 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,494 |
| Other assets | $0 |
| Total assets | $11,494 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,494 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Petal Public Improvement Corporation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Mississippi Power Foundation Inc Gulfport, MS PURPOSE: COMMUNITY INVESTMENT GRANTS FOR PETAL MINORITY BUSINESS OWNERS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern States Millwright Regional Council-Ubcja Russellville, AR | $38,325,316 | $11,623,005 |
Fairhope Single Tax Corporation Fairhope, AL | $9,781,910 | $8,332,566 |
Nashville Entrepreneur Center Nashville, TN | $5,510,497 | $3,220,772 |
Mississippi Municipal Association Jackson, MS | $3,393,555 | $2,072,518 |
Manufacture Alabama Inc Montgomery, AL | $1,544,079 | $1,421,169 |
Blue Krewe New Orleans, LA | $662,610 | $1,680,063 |
Downtown Jackson Partners Jackson, MS | $1,113,626 | $1,115,817 |
Good Work Network New Orleans, LA | $1,470,555 | $571,713 |
San Inc Tuscaloosa, AL | $3,405,161 | $741,864 |
Louisiana Motor Transport Association Inc Baton Rouge, LA | $527,407 | $729,234 |
Pelican Providers Inc Baton Rouge, LA | $84,791 | $668,821 |
Subcontractors Association Of Alabama Birmingham, AL | $2,405,585 | $826,881 |