Lowe Town Community Development Corporation Inc
- Assets
- $2.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mc Calla, AL
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 63-0923623
Organization Overview
Lowe Town Community Development Corporation Inc is located in Mc Calla, AL. The organization was established in 2003. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lowe Town Community Development Corporation 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 12/2022, Lowe Town Community Development Corporation Inc generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 4 years. 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
FUNDS WERE SPENT ON OUR COMMUNITY NONPROFIT PROGRAMS DEALING WITH SENIOR CITIZENS COMMUNITY WORKSHOPS, EMERGENCY ASSISTANCE AND YOUTH MENTORING PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Auguster Maul Sr President | 5 | $0 | |
Vickie Harris Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,335 |
| Total Program Service Revenue | $474 |
| Membership dues | $1,310 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,119 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,674 |
| Total expenses | $6,674 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,945 |
| Other assets | $0 |
| Total assets | $2,945 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,945 |
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