Civic Intelligence

Gulf Coast Housing Initiative Inc

EIN 02-0812143 • 501(c)3 • Biloxi, MS

Profile

To provide affordable, safe and dignified housing opportunities and services to low and moderate income individuals and families on the mississippi gulf coast.

1012 Division StreetBiloxi, MS 39530

www.thebackbaymission.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-105%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$41,254

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 87.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-88%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $413,622 (-100%) from 2022

Liabilities

Down

$0

Down $2,996 (-100%) from 2022

Net Assets

Down

$0

Down $410,626 (-100%) from 2022

Revenue

Down

$47,043

Down $354,162 (-88%) from 2022

Expenses

Down

$96,603

Down $347,750 (-78%) from 2022

Net Income

Down

-$49,560

Down $6,412 (-15%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2012: $194,084Liabilities 2012: $31,514Net Assets 2012: $162,5702012Assets 2013: $203,810Liabilities 2013: $21,939Net Assets 2013: $181,8712013Assets 2014: $420,949Liabilities 2014: $134,680Net Assets 2014: $286,2692014Assets 2015: $390,559Liabilities 2015: $0Net Assets 2015: $390,5592015Assets 2016: $430,618Liabilities 2016: $56,722Net Assets 2016: $373,8962016Assets 2017: $440,723Liabilities 2017: $8,550Net Assets 2017: $432,1732017Assets 2018: $441,716Liabilities 2018: $1,990Net Assets 2018: $439,7262018Assets 2019: $348,262Liabilities 2019: $1,564Net Assets 2019: $346,6982019Assets 2020: $592,792Liabilities 2020: $105,652Net Assets 2020: $487,1402020Assets 2021: $692,343Liabilities 2021: $238,569Net Assets 2021: $453,7742021Assets 2022: $413,622Liabilities 2022: $2,996Net Assets 2022: $410,6262022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2012: $339,669Expenses 2012: $176,962Net Income 2012: $162,7072012Revenue 2013: $196,428Expenses 2013: $226,267Net Income 2013: -$29,8392013Revenue 2014: $769,318Expenses 2014: $664,920Net Income 2014: $104,3982014Revenue 2015: $406,417Expenses 2015: $302,127Net Income 2015: $104,2902015Revenue 2016: $157,176Expenses 2016: $173,839Net Income 2016: -$16,6632016Revenue 2017: $363,675Expenses 2017: $305,398Net Income 2017: $58,2772017Revenue 2018: $207,762Expenses 2018: $200,209Net Income 2018: $7,5532018Revenue 2019: $221,331Expenses 2019: $314,359Net Income 2019: -$93,0282019Revenue 2020: $308,876Expenses 2020: $168,434Net Income 2020: $140,4422020Revenue 2021: $138,497Expenses 2021: $171,863Net Income 2021: -$33,3662021Revenue 2022: $401,205Expenses 2022: $444,353Net Income 2022: -$43,1482022Revenue 2023: $47,043Expenses 2023: $96,603Net Income 2023: -$49,5602023

Highlighted filing

2023

Revenue$47,043
Expenses$96,603
Net Income-$49,560

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.47$0.97$0.50
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$0.03$4.11$4.01$4.44$0.43
2021Detailed filing. Detailed filing data is available for this year.$6.92$2.39$4.54$1.38$1.72$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$1.06$4.87$3.09$1.68$1.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.02$3.47$2.21$3.14$0.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$0.02$4.40$2.08$2.00$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.09$4.32$3.64$3.05$0.58
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.57$3.74$1.57$1.74$0.17
2015Detailed filing. Detailed filing data is available for this year.$3.91$0.00$3.91$4.06$3.02$1.04
2014Detailed filing. Detailed filing data is available for this year.$4.21$1.35$2.86$7.69$6.65$1.04
2013Summary only. Only limited summary data is available for this year.$2.04$0.22$1.82$1.96$2.26$0.30
2012Summary only. Only limited summary data is available for this year.$1.94$0.32$1.63$3.40$1.77$1.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 26, 2024
Return Version
2023v4.0
Gross Receipts
$50,073
Mission and Program Overview

Mission

To provide affordable, safe and dignified housing opportunities and services to low and moderate income individuals and families on the mississippi gulf coast.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$300,484--
Land, Buildings, and Equipment, Net$93,758--
Inventories for Sale or Use$19,380--
Total Assets$413,622$0▼ $413,622
Liabilities
Accounts Payable and Accrued Expenses$2,996--
Total Liabilities$2,996$0▼ $2,996
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$299,666--
Net Assets With Donor Restrictions$110,960--
Total Net Assets Fund Balance$410,626$0▼ $410,626
Total Liabilities and Net Assets / Fund Balance$413,622$0▼ $413,622
Compensation and Service Providers

Employees

NameTitleBaseTotal
Craig SteenkampExecutive Di$41,254$41,254

Board Members and Trustees

NameTitle
Dr Tracy Daniel-hardyPresident
Cristal HuntBoard Member
Stephen OmaraBoard Member
Velma JohnsonBoard Member
Rev James PenningtonCorporate Pr
Felicia SnowSecretary
Jakavious PickettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,380
Program Service Revenue
$0
Investment Income
$49
Other Revenue
$10,614
All Other Contributions
$36,380
Change in Net Assets
$-49,560

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,043
Total Revenue per Audited Statements
$47,043
Total Revenue per Form 990
$47,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$65,685
Other Expenses$30,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$33,003$8,251-$41,254
Other Salaries and Wages$10,680--$10,680
Fees for Services Accounting-$7,203-$7,203
Pension Plan Contributions$4,941$1,235-$6,176
Occupancy$3,303$824-$4,127
Payroll Taxes$3,342$664-$4,006
Other Employee Benefits$2,855$714-$3,569
Conferences and Meetings$1,459--$1,459
Fees for Services Legal-$1,100-$1,100
Office Expenses$176$44-$220
Depreciation Depletion$182--$182
Other Expenses$16,574$53-$53
Total Functional Expenses$76,515$20,088$0$96,603

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$96,603
Total Expenses per Audited Statements$96,603
Total Expenses per Form 990$96,603
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewed by executive director and accountant prior to filing.

Form 990, Page 6, Part VI, Line 12C

The organization requires each board member to complete a "board of directors conflict of interest policy" indicating either no conflicts of interest or a listing of conflicts that exist. Members are required to excuse themselves from any discussion or vote related to an area where a conflict exists.

Form 990, Page 6, Part VI, Line 19

Available upon request during normal business hours.

Filing and Contact Details

Filer

Filer Name
Gulf Coast Housing Initiative Inc
EIN
02-0812143
Phone
2284320301
Address
1012 DIVISION STREET, BILOXI, MS 39530

Signing Officer

Name
Craig Steenkamp
Title
Executive Director
Phone
2284320301
Signed
2024-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Steenkamp
Formed
2007
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
112

Preparer

Firm
Fletcher & Company Pllc
Address
10598 DIBERVILLE BLVD STE G, DIBERVILLE, MS 39540-2465
Preparer
Dean a Fletcher
Phone
2285946559
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Nonprofit transfer upon dissolution -361,066

Raw XML Appendix396 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1RENTAL PROPERTIES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2VACANT LOTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0BACK BAY MISSION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1BACK BAY MISSION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2BACK BAY MISSION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12023-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22023-12-31
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2640431066
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt074189
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1279744
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt218080
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt21012 DIVISION STREET
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1BILOXI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2BILOXI
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0CRAIG STEENCAMP - TRANSITION FROM EXECUTIVE DIRECTOR OF GULF COAST HOUSING INITIATIVE, INC. TO HOUSING RECOVERY DIRECTOR OF BACK BAY MISSION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY EXECUTIVE DIRECTOR AND ACCOUNTANT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES EACH BOARD MEMBER TO COMPLETE A "BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY" INDICATING EITHER NO CONFLICTS OF INTEREST OR A LISTING OF CONFLICTS THAT EXIST. MEMBERS ARE REQUIRED TO EXCUSE THEMSELVES FROM ANY DISCUSSION OR VOTE RELATED TO AN AREA WHERE A CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NONPROFIT TRANSFER UPON DISSOLUTION -361,066
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020088
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt076515
IRS990/TotalFunctionalExpensesGrp/TotalAmt096603
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02996
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02996
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0410626
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt076515
IRS990/TotalReportableCompFromOrgAmt041254
IRS990/TotalRevenueGrp/ExclusionAmt010663
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt047043
IRS990/TotalVolunteersCnt0112
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0413622
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.THEBACKBAYMISSION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG STEENKAMP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02284320301
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GULF COAST HOUSING INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0GULF
ReturnHeader/Filer/EIN0020812143
ReturnHeader/Filer/PhoneNum02284320301
ReturnHeader/Filer/USAddress/AddressLine1Txt01012 DIVISION STREET
ReturnHeader/Filer/USAddress/CityNm0BILOXI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039530
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461180471
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLETCHER & COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010598 DIBERVILLE BLVD STE G
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DIBERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0395402465
ReturnHeader/PreparerPersonGrp/PhoneNum02285946559
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEAN A FLETCHER
ReturnHeader/ReturnTs02024-01-29T06:25:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EVERETT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEWIS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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