Mt Pleasant Tennessee Community Development Corporation
- Assets
- $105.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Pleasant, TN
- Founding
- 05/1996
- Data as of
- 06/2023
- EIN
- 64-0816127
Organization Overview
Mt Pleasant Tennessee Community Development Corporation is located in Mt Pleasant, TN. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Mt Pleasant Tennessee Community Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Mt Pleasant Tennessee Community Development Corporation generated $58.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $36.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZED A GROUP OF CITIZENS OF THE CITY OF MT. PLEASANT INTO AN ORGANIZATION WITH A COMMON GOAL OF REVITALIZING THE CITY. BROUGHT TOGETHER THE FOLLOWING GROUPS TO CREATE A 5 YEAR STRATEGIC PLAN FOR THE CITY: CITY OF MT. PLEASANT, MT. PLEASANT POWER SYSTEM, MT. PLEASANT BENEFIT BALL, MT. PLEASANT MUSEUM OF LOCAL HISTORY, MT. PLEASANT AREA ALLIANCE, AND THE KIDS ON STAGE FOUNDATION. BEGAN THE IMPLEMENTATION OF THE 5 YEAR STRATEGIC PLAN. PROVIDED OR ASSISTED IN PROVIDING VARIOUS PROJECTS FOR THE CITIZENRY OF THE CITY TO HELP PROMOTE/DEVELOP COMMUNITY SPIRIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Morency Executive Dir. | 40 | $0 | |
Sara Williams Chairman | 2 | $0 | |
Willie Alderson Director | 1 | $0 | |
Hendley Edwards Director | 1 | $0 | |
Alfred Kersteins Director | 1 | $0 | |
Jared Sweeney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $123 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,161 |
| Other Revenue | $0 |
| Total Revenue | $57,962 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $12,484 |
| Printing, publications, postage, and shipping | $315 |
| Other expenses | $23,380 |
| Total expenses | $36,929 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,235 |
| Other assets | $0 |
| Total assets | $105,706 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,706 |