Southeast Alabama Self Help Assn Inc is located in Tuskegee Institute, AL. The organization was established in 1968. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 02/2022, Southeast Alabama Self Help Assn Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast Alabama Self Help Assn 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 02/2022, Southeast Alabama Self Help Assn Inc generated $690.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $906.1k during the year ending 02/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE III A
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEASHA, INC. SERVES AS MANAGEMENT FOR E.D. NIXON APARTMENTS, INC., TUBMAN GARDENS, INC., WINDOVER APARTMENTS, INC., ROSE GARDEN APARTMENTS, INC., CAPRICORN APARTMENTS, INC., HULETT TOWNHOUSE APARTMENTS AND SOJOURNER TRUTH, LTD., SUMBRY HILLS, RODEN MANOR, HALLMARK SELMA AND HALLMARK PHENIX CITY WHICH PROVIDES HOUSING FOR LOW INCOME INDIVIDUAL
REVOLVING LOAN FUND PROVIDES BUSINESS LOANS TO LOW INCOME ENTITIES IN FINANCIAL DISTRESS AREAS OF SOUTHEAST ALABAMA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clyde T Windsor President | Trustee | 40 | $72,000 |
Carl Wallace Secretary | Trustee | 1 | $0 |
Lois Askew Member | Trustee | 1 | $0 |
Hawthone Reed Chairman | Trustee | 1 | $0 |
Helenor Bell Member | Trustee | 1 | $0 |
Johnny Ford Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $91,241 |
All other contributions, gifts, grants, and similar amounts not included above | $186,175 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $277,416 |
Total Program Service Revenue | $293,142 |
Investment income | $43,908 |
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 | -$66,760 |
Miscellaneous Revenue | $0 |
Total Revenue | $690,904 |
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 | $255,130 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $15,394 |
Payroll taxes | $21,795 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $74,737 |
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 | $23,324 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $10,696 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,241 |
Interest | $19,643 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,873 |
Insurance | $3,283 |
All other expenses | $369,412 |
Total functional expenses | $906,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $355,171 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $255,198 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $924,384 |
Inventories for sale or use | $4,779 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $57,179 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,994,107 |
Total assets | $3,590,818 |
Accounts payable and accrued expenses | $10,737 |
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 | $200,674 |
Total liabilities | $211,411 |
Net assets without donor restrictions | $3,379,407 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,590,818 |
Over the last fiscal year, we have identified 1 grants that Southeast Alabama Self Help Assn Inc has recieved totaling $35,956.
Awarding Organization | Amount |
---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $35,956 |
Organization Name | Assets | Revenue |
---|---|---|
West Alabama Regional Commission Northport, AL | $6,900,451 | $11,260,282 |
Small Business Access Partners Inc Gainesville, GA | $5,230,470 | $1,254,670 |
Southeast Alabama Self Help Assn Inc Tuskegee Institute, AL | $3,590,818 | $690,904 |
Cahaba River Society Inc Birmingham, AL | $824,117 | $539,754 |
Mississippi Hills Heritage Area Alliance Inc University, MS | $57,717 | $481,249 |
Upper Cumberland Entrepreneurial Foundation Cookeville, TN | $445,074 | $494,857 |
Limestone Valley Resource Conservation & Dev Counsel Fort Oglethorpe, GA | $366,231 | $525,178 |
A Lot Moore Inc Americus, GA | $210,742 | $317,528 |
Cleveland-Bradley Business Incubator Cleveland, TN | $291,680 | $168,652 |
Mississippi Economic Growth Alliance And Point Of Presence Tupelo, MS | $2,166,155 | $81,118 |
Hickman County Economic Community Development Association Centerville, TN | $60,530 | $124,947 |
East Mississippi Business Development Foundation Meridian, MS | $142,160 | $0 |