Historic Eastside Community Development Corporation is located in Jacksonville, FL. The organization was established in 2016. 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. Historic Eastside Community Development Corporation 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 09/2023, Historic Eastside Community Development Corporation generated $496.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $628.2k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVICES TO LOW INCOME RESIDENTS IN THE COMMUNITY THAT INLUDE FOOD DISTRIBUTION, HOUSING ASSISTANCE, COMMUNITY HEALTH AND WELLNESS AND SMALL BUSINESS ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICES TO LOW INCOME RESIDENTS IN THE COMMUNITY THAT INCLUDE FOOD DISTRIBUTION, HOUSING ASSISTANCE, COMMUNITY HEALTH AND WELLNESS AND SMALL BUSINESS ASSISTANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ricky Anderson Chair | OfficerTrustee | 2 | $0 |
Joseph N Debs Pe Member | Trustee | 1 | $0 |
Kiara Nixon Co-Chair | OfficerTrustee | 2 | $0 |
Beth Clark Treasurer | OfficerTrustee | 2 | $0 |
Sophie Filibert Member | Trustee | 1 | $0 |
Elizabeth Clark Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $127,885 |
All other contributions, gifts, grants, and similar amounts not included above | $349,846 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $477,731 |
Total Program Service Revenue | $0 |
Investment income | $18,565 |
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 | $496,296 |
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. | $116,515 |
Compensation of current officers, directors, key employees. | $17,478 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,973 |
Fees for services: Accounting | $5,000 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $31,306 |
Travel | $4,761 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,118 |
Interest | $395 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,768 |
Insurance | $1,024 |
All other expenses | $3,731 |
Total functional expenses | $628,167 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $426,898 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,048 |
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 | $1,835 |
Net Land, buildings, and equipment | $17,276 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $452,057 |
Accounts payable and accrued expenses | $16,737 |
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 | $56,290 |
Unsecured mortgages and notes payable | $100,000 |
Other liabilities | $0 |
Total liabilities | $173,027 |
Net assets without donor restrictions | $279,030 |
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 | $452,057 |