Greater Greenville Development Foundation Inc is located in Greenville, MS. The organization was established in 1998. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic 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. Greater Greenville Development Foundation 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, Greater Greenville Development Foundation Inc generated $131.5k 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 (7.6%) each year. All expenses for the organization totaled $110.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 8 years. 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
DEVELOPMENT OF THE GREATER GREENVILLE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AND PROMOTE THE DEVELOPMENT OF THE GREATER GREENVILLE AREA BY PROVIDING AND PROMOTING EVENTS AND FESTIVALS IN THE AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Doug Wade President | Officer | 0 | $0 |
April Robertson Secretary | Officer | 0 | $0 |
Brian Street Vice President | Officer | 0 | $0 |
Judy Long Treasurer | Officer | 0 | $0 |
Greg Jackson Director | Trustee | 0 | $0 |
Ken Purvis Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $10,380 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $63,018 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $73,398 |
Total Program Service Revenue | $2,731 |
Investment income | $127 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $55,233 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $131,489 |
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 | $42,059 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,271 |
Payroll taxes | $4,778 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,645 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,658 |
Office expenses | $5,750 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,239 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,671 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,397 |
All other expenses | $0 |
Total functional expenses | $110,130 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,444 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $961,155 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,088,599 |
Accounts payable and accrued expenses | $7,544 |
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 | $700,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $313,553 |
Total liabilities | $1,021,097 |
Net assets without donor restrictions | $67,502 |
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 | $1,088,599 |
Over the last fiscal year, we have identified 1 grants that Greater Greenville Development Foundation Inc has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
Jay Stein Foundation Trust Jacksonville, FL PURPOSE: DEDICATED TO THE PRESERVATION AND ECONOMIC REDEVELOPMENT OF DOWNTOWN GREENVILLE, MISSISSIPPI. | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Carter Street Corporation Chattanooga, TN | $16,714,346 | $6,596,539 |
Enterprise Center Inc Chattanooga, TN | $3,677,488 | $5,998,300 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Regional Community Finance Inc New Orleans, LA | $27,779,646 | $1,353,772 |
Jackson County Economic Development Foundation Inc Pascagoula, MS | $3,810,649 | $1,167,595 |
Binghampton Development Corporation Memphis, TN | $12,365,463 | $1,404,895 |
Harvest Hands Community Development Corporation Nashville, TN | $4,493,489 | $1,609,157 |
Nashville Civic Design Center Nashville, TN | $1,031,017 | $1,393,666 |
North Delta Regional Planning And Development District Inc Monroe, LA | $2,329,154 | $1,514,261 |
The Development Corporation Of Knox County Tennessee Knoxville, TN | $44,277,793 | $1,290,575 |
Midcity Accelerator Foundation Inc Huntsville, AL | $0 | $640,000 |
Huntsville Steam Works Huntsville, AL | $244,370 | $677,972 |