Belzoni Humphreys County Developmen T Foundation Inc
- Assets
- $257.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belzoni, MS
- Founding
- 01/1988
- Data as of
- 12/2021
- EIN
- 64-0740087
Organization Overview
Belzoni Humphreys County Developmen T Foundation Inc is located in Belzoni, MS. The organization was established in 1988. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Belzoni Humphreys County Developmen T Foundation Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Belzoni Humphreys County Developmen T Foundation Inc generated $42.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
NEW INDUSTRY DEVELOPMENT EXPENSES FOR PROSPECTIVE INDUSTRY VISITS & RELATED COSTS TO ATTRACT NEW BUSINESSES TO BELZONI,MS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hue Townsend Treasurer | 1 | $0 | |
Lee Parker Director | 1 | $0 | |
Laurie Champion Director | 1 | $0 | |
Willard Jack Director | 1 | $0 | |
Stephen Donovan Director | 1 | $0 | |
Preston Aust Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,110 |
| Investment income | $271 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,434 |
| Total Revenue | $42,815 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,265 |
| Professional fees and other payments to independent contractors | $9,674 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $56 |
| Other expenses | $23,010 |
| Total expenses | $37,005 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,201 |
| Other assets | $0 |
| Total assets | $256,971 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,971 |
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|---|---|---|
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New Orleans School Facility Finance Foundation New Orleans, LA | $104,818,685 | $1,309,211 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
H C Drew Estate Lake Charles, LA | $104,014,829 | $10,558,420 |
The University Of Arkansas Fort Smith Foundation Inc Fort Smith, AR | $118,416,954 | -$649,824 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Career Compass Of Louisiana Baton Rouge, LA | $1,481,294 | $1,962,799 |
Tiger Booster Clubs Baton Rouge, LA | $0 | $388,954 |
Marion Military Institute Foundation Inc Marion, AL | $38,009,022 | $31,604,927 |
Free 2 Teach Foundation Huntsville, AL | $1,781,937 | $1,260,971 |