Mt Pleasant Community Development Corporation
- Assets
- $2.6m
- Revenue
- $783.2k
- Investments
- $0.0
- Employees
- 17
- Location
- Monroe, LA
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 72-1356854
Organization Overview
Mt Pleasant Community Development Corporation, operating under the name Mt Pleasant Cdc Inc, is located in Monroe, LA. The organization was established in 1999. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Mt Pleasant Cdc Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Pleasant Cdc 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 12/2021, Mt Pleasant Cdc Inc generated $783.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $394.1k during the year ending 12/2021. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO COMBAT DETERIORATION IN NORTHEAST LOUISIANA NEIGHBORHOODS BY PROVIDING DECENT, SAFE, SANITARY, AND AFFORDABLE HOUSING, ADDRESSING EDUCATIONAL NEEDS AND SUPPORTING POSITIVE ACTIVITIES FOR YOUTH AND SENIOR CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES SEVERAL PROGRAMS DESIGNED TO SATISFY THE NEEDS OF INDIVIDUALS AND FAMILIES IN OUACHITA PARISH, LOUISIANA. ALL PROGRAM SERVICES ARE OFFERED TO THE COMMUNITY AT NO CHARGE.THE PROGRAMS OPERATED BY THE ORGANIZATION ARE DESCRIBED AS FOLLOWS:HOUSING COUNSELING THE PROGRAM PROVIDES HOUSING COUNSELING AND EDUCATION SERVICES, INCLUDING BY NOT LIMITED TO PRE-PURCHASE, REVERSE MORTGAGE, RENTAL, AND NON-DELINQUENCY POST-PURCHASE COUNSELING SERVICES, TO INDIVIDUALS AND FAMILIES.ADOPT-A-SENIOR THROUGH THIS PROGRAM THE ORGANIZATION PARTNERS WITH THE FOOD BANK OF NORTHEAST LOUISIANA TO PROVIDE 50 POUNDS OF FOOD TO AT LEAST TEN SENIOR CITIZENS EACH MONTH. MENTORING PROGRAM THIS PROGRAM AIDS YOUTH, GIVING THEM THE OPPORTUNITY TO INCREASE THEIR LIFE SKILLS AND EXPERIENCES THROUGH EXTRACURRICULAR ACTIVITIES, BY SPONSORING ACTIVITIES INCLUDING BUT NOT LIMITED TO LITTLE LEAGUE FOOTBALL AND BASEBALL TEAMS.VITA-SITE THIS PROGRAM PROVIDES INCOME TAX SERVICES TO INDIVIDUALS AND FAMILIES.FOOD PANTRY THIS PROGRAM PROVIDES FOOD FOR OVER 600 FAMILIES MONTHLY. THE PANTRY IS AVAILABLE EVERY WEDNESDAY DURING THE MONTH.THE ORGANIZATION OPERATES SEVERAL PROGRAMS DESIGNED TO SATISFY THE NEEDS OF INDIVIDUALS AND FAMILIES IN OUACHITA PARISH, LOUISIANA. ALL PROGRAM SERVICES ARE OFFERED TO THE COMMUNITY AT NO CHARGE.THE PROGRAMS OPERATED BY THE ORGANIZATION ARE DESCRIBED AS FOLLOWS:HOUSING COUNSELING THE PROGRAM PROVIDES HOUSING COUNSELING AND EDUCATION SERVICES, INCLUDING BY NOT LIMITED TO PRE-PURCHASE, REVERSE MORTGAGE, RENTAL, AND NON-DELINQUENCY POST-PURCHASE COUNSELING SERVICES, TO INDIVIDUALS AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarence Smith President | Officer | 40 | $46,020 |
Marla Williams Vice President | Officer | 40 | $0 |
Steve Freeman Board Member | Trustee | 0 | $0 |
John Cole Parliamentarian | Trustee | 0 | $0 |
Dorothy Boatner Board Member | Trustee | 0 | $0 |
Rev Ike Byrd III Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $116,711 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,711 |
| Total Program Service Revenue | $555,419 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $783,202 |
| 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. | $46,020 |
| Compensation of current officers, directors, key employees. | $46,020 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,548 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,644 |
| Payroll taxes | $29,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $8,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,365 |
| All other expenses | $23,793 |
| Total functional expenses | $394,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,179 |
| 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 | $345,350 |
| Investments—publicly traded securities | $926,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $909,621 |
| Total assets | $2,591,329 |
| Accounts payable and accrued expenses | $134,161 |
| 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 | $90,226 |
| Total liabilities | $224,387 |
| Net assets without donor restrictions | $2,366,942 |
| 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 | $2,591,329 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mt Pleasant Community Development Corporation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Health Presbyterian Hospital Kaufman Kaufman, TX | $17,114,303 | $46,511,695 |
Crossroads Housing Development Corporation Big Spring, TX | $1,430,723 | $31,698,100 |
Foundation Communities Inc Austin, TX | $201,792,213 | $44,085,347 |
Austin Affordable Housing Corporation Austin, TX | $189,492,836 | $40,972,198 |
Foundation Communities Austin, TX | $78,215,940 | $25,689,954 |
Tcc Hill Country Development Corporation Austin, TX | $11,234,408 | $22,073,361 |
Provident Commonwealth Education Resources Baton Rouge, LA | $142,254,594 | $7,390,935 |
Provident Commonwealth Education Resources Ii Baton Rouge, LA | $154,926,817 | $6,407,611 |
Houston Habitat For Humanity Inc Houston, TX | $36,979,256 | $11,315,347 |
Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |
Habitat For Humanity International Inc Fort Worth, TX | $28,701,953 | $17,323,879 |
Habitat For Humanity Of San Antonio Inc San Antonio, TX | $33,828,773 | $14,274,594 |