Civic Intelligence

Lha Enterprise Development Inc.

990 • Fiscal year 2022 • EIN 20-4597332

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileN/A
PO Drawer 2910Laurel, MS 39442

(601) 425-4651

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

3rd percentile

-131%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

96th percentile

165%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-71%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$2,689,696

Up $1,675,937 (+165%) from 2021

Net Assets

Up

$2,689,696

Up $1,675,937 (+165%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin3rd percentile

Revenue

Down

$11,787

Down $28,458 (-71%) from 2021

Expenses

Down

$27,189

Down $277,463 (-91%) from 2021

Net Income

Up

-$15,402

Up $249,005 (+94%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $57,634Liabilities 2011: $0Net Assets 2011: $57,6342011Assets 2012: $57,378Liabilities 2012: $0Net Assets 2012: $57,3782012Assets 2013: $144,060Liabilities 2013: $0Net Assets 2013: $144,0602013Assets 2014: $243,266Liabilities 2014: $0Net Assets 2014: $243,2662014Assets 2015: $447,870Liabilities 2015: $0Net Assets 2015: $447,8702015Assets 2016: $452,485Liabilities 2016: $0Net Assets 2016: $452,4852016Assets 2017: $366,508Liabilities 2017: $0Net Assets 2017: $366,5082017Assets 2018: $1,265,446Liabilities 2018: $0Net Assets 2018: $1,265,4462018Assets 2019: $1,168,854Liabilities 2019: $0Net Assets 2019: $1,168,8542019Assets 2020: $1,278,994Liabilities 2020: $828Net Assets 2020: $1,278,1662020Assets 2021: $1,013,759Liabilities 2021: $0Net Assets 2021: $1,013,7592021Assets 2022: $2,689,696Liabilities 2022: $0Net Assets 2022: $2,689,6962022Assets 2023: $3,926,811Liabilities 2023: $0Net Assets 2023: $3,926,8112023Assets 2024: $3,992,368Liabilities 2024: $0Net Assets 2024: $3,992,3682024

Highlighted filing

2022

Assets$2,689,696
Liabilities$0
Net Assets$2,689,696
Open 2022 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $38,784Expenses 2011: $1,407Net Income 2011: $37,3772011Revenue 2012: $3,459Expenses 2012: $3,715Net Income 2012: -$2562012Revenue 2013: $93,822Expenses 2013: $7,140Net Income 2013: $86,6822013Revenue 2014: $155,375Expenses 2014: $56,169Net Income 2014: $99,2062014Revenue 2015: $225,669Expenses 2015: $21,065Net Income 2015: $204,6042015Revenue 2016: $10,788Expenses 2016: $6,173Net Income 2016: $4,6152016Revenue 2017: $4,606Expenses 2017: $90,583Net Income 2017: -$85,9772017Revenue 2018: $1,081,733Expenses 2018: $182,795Net Income 2018: $898,9382018Revenue 2019: $33,972Expenses 2019: $222,164Net Income 2019: -$188,1922019Revenue 2020: $247,560Expenses 2020: $138,248Net Income 2020: $109,3122020Revenue 2021: $40,245Expenses 2021: $304,652Net Income 2021: -$264,4072021Revenue 2022: $11,787Expenses 2022: $27,189Net Income 2022: -$15,4022022Revenue 2023: $1,276,596Expenses 2023: $39,481Net Income 2023: $1,237,1152023Revenue 2024: $143,222Expenses 2024: $77,665Net Income 2024: $65,5572024

Highlighted filing

2022

Revenue$11,787
Expenses$27,189
Net Income-$15,402
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$11,787
Mission and Program Overview

Mission

Lha enterprise development, inc. Is organized exclusively for charitable, religious, scientific, medical, literary or educational purposes within the meaning of section 501(c)(3) of the internal revenue code. The corporation is organized and shall be operated as an instrumentality of and to support the housing authority of the city of laurel, mississippi (the authority), a public housing authority estabilished under (i) the mississippi housing authorities law, and (ii) the mississippi supplemental housing authorities law to provide decent, safe and sanitary urban or rural dwellings, apartments, or other living accommodations for persons of low income; including the acquisition, development, construction and operation of buildings, land, equipment, facilities, and other real or personal property for necessary, convenient, or desirable appurtenances, streets, sewers, water service, parks, site preparation, gardening, administrative, community, health, recreational, welfare or other purpo

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$601,509$586,107▼ $15,402
Land, Buildings, and Equipment, Net$212,250$212,250→ $0
Total Assets$1,013,759$2,689,696▲ $1,675,937
Other Assets Total$200,000$1,891,339▲ $1,691,339
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,013,759$2,689,696▲ $1,675,937
Total Net Assets Fund Balance$1,013,759$2,689,696▲ $1,675,937
Total Liabilities and Net Assets / Fund Balance$1,013,759$2,689,696▲ $1,675,937

Asset Categories

AssetBook ValueDepreciationBasis
Land$212,250-$212,250
Other Assets Org$200,000--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Ailrick YoungPresident
Dorothy PeppersDirector
George CarterDirector
Hilary BurroughsDirector
Jonathan StricklerDirector
Sandy HolifieldDirector
Tensie WheelerDirector
Rev George BarnesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$11,166
Program Service Revenue
$0
Investment Income
$621
Other Revenue
$0
Change in Net Assets
$-15,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$17,855--$17,855
Office Expenses$6,860--$6,860
Fees for Services Legal$2,474--$2,474
Total Functional Expenses$27,189$0$0$27,189
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
No
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

“The 990 is reviewed by the board of directors prior to filing.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Lha Enterprise Development Inc
EIN
20-4597332
Phone
6014254651
Address
PO DRAWER 2910, LAUREL, MS 39442

Signing Officer

Name
Ailrick Young
Title
President
Phone
6014254651
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ailrick Young
Formed
2006
Legal Domicile
Ms
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Cork Hill & Company LLC
Address
2100 SOUTHBRIDGE PKWY STE 530, BIRMINGHAM, AL 35209
Preparer
D Ben Cork CPA
Phone
2058793292
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Lha enterprise development, inc. Is organized exclusively for charitable, religious, scientific, medical, literary or educational purposes within the meaning of section 501(c)(3) of the internal revenue code. The corporation is organized and shall be operated as an instrumentality of and to support the housing authority of the city of laurel, mississippi (the authority), a public housing authority estabilished under (i) the mississippi housing authorities law, and (ii) the mississippi supplemental housing authorities law to provide decent, safe and sanitary urban or rural dwellings, apartments, or other living accommodations for persons of low income; including the acquisition, development, construction and operation of buildings, land, equipment, facilities, and other real or personal property for necessary, convenient, or desirable appurtenances, streets, sewers, water service, parks, site preparation, gardening, administrative, community, health, recreational, welfare or other purposes.”

Form 990, Page 2, Part III, Line 4D

“Support of laurel public housing authority.”

Form 990, Part IX, Line 11G

“Hud settlement 5,000 0 0 contract costs 12,855 0 0 total 17,855 0 0”

Raw XML Appendix298 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0LHA ENTERPRISE DEVELOPMENT, INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, MEDICAL, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS AN INSTRUMENTALITY OF AND TO SUPPORT THE HOUSING AUTHORITY OF THE CITY OF LAUREL, MISSISSIPPI (THE AUTHORITY), A PUBLIC HOUSING AUTHORITY ESTABILISHED UNDER (I) THE MISSISSIPPI HOUSING AUTHORITIES LAW, AND (II) THE MISSISSIPPI SUPPLEMENTAL HOUSING AUTHORITIES LAW TO PROVIDE DECENT, SAFE AND SANITARY URBAN OR RURAL DWELLINGS, APARTMENTS, OR OTHER LIVING ACCOMMODATIONS FOR PERSONS OF LOW INCOME; INCLUDING THE ACQUISITION, DEVELOPMENT, CONSTRUCTION AND OPERATION OF BUILDINGS, LAND, EQUIPMENT, FACILITIES, AND OTHER REAL OR PERSONAL PROPERTY FOR NECESSARY, CONVENIENT, OR DESIRABLE APPURTENANCES, STREETS, SEWERS, WATER SERVICE, PARKS, SITE PREPARATION, GARDENING, ADMINISTRATIVE, COMMUNITY, HEALTH, RECREATIONAL, WELFARE OR OTHER PURPO
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LAUREL HOUSING AUTHORITY
IRS990/BooksInCareOfDetail/PhoneNum06014254651
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO DRAWER 2910
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAUREL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039442
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0601509
IRS990/CashNonInterestBearingGrp/EOYAmt0586107
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011166
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0621
IRS990/CYOtherExpensesAmt027189
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-15402
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt027189
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011787
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02474
IRS990/FeesForServicesLegalGrp/TotalAmt02474
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt017855
IRS990/FeesForServicesOtherGrp/TotalAmt017855
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0HILARY BURROUGHS
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGE CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm2SANDY HOLIFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm3DOROTHY PEPPERS
IRS990/Form990PartVIISectionAGrp/PersonNm4JONATHAN STRICKLER
IRS990/Form990PartVIISectionAGrp/PersonNm5TENSIE WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm6REV GEORGE BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm7AILRICK YOUNG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt011166
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt011787
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0621
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0621
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0212250
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0212250
IRS990/LandBldgEquipCostOrOtherBssAmt0212250
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LHA ENTERPRISE DEVELOPMENT, INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, MEDICAL, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS AN INSTRUMENTALITY OF AND TO SUPPORT THE HOUSING AUTHORITY OF THE CITY OF LAUREL, MISSISSIPPI (THE AUTHORITY), A PUBLIC HOUSING AUTHORITY ESTABILISHED UNDER (I) THE MISSISSIPPI HOUSING AUTHORITIES LAW, AND (II) THE MISSISSIPPI SUPPLEMENTAL HOUSING AUTHORITIES LAW TO PROVIDE DECENT, SAFE AND SANITARY URBAN OR RURAL DWELLINGS, APARTMENTS, OR OTHER LIVING ACCOMMODATIONS FOR PERSONS OF LOW INCOME; INCLUDING THE ACQUISITION, DEVELOPMENT, CONSTRUCTION AND OPERATION OF BUILDINGS, LAND, EQUIPMENT, FACILITIES, AND OTHER REAL OR PERSONAL PROPERTY FOR NECESSARY, CONVENIENT, OR DESIRABLE APPURTENANCES, STREETS, SEWERS, WATER SERVICE, PARKS, SITE PREPARATION, GARDENING, ADMINISTRATIVE, COMMUNITY, HEALTH, RECREATIONAL, WELFARE OR OTHER PURPO
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01013759
IRS990/NetAssetsOrFundBalancesEOYAmt02689696
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01013759
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02689696
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt06860
IRS990/OfficeExpensesGrp/TotalAmt06860
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0200000
IRS990/OtherAssetsTotalGrp/EOYAmt01891339
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AILRICK YOUNG
IRS990/PriorPeriodAdjustmentsAmt01691339
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SUPPORT OF LAUREL PUBLIC HOUSING AUTHORITY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt027189
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04000
IRS990/PYInvestmentIncomeAmt0463
IRS990/PYOtherExpensesAmt0300652
IRS990/PYOtherRevenueAmt039782
IRS990/PYRevenuesLessExpensesAmt0-264407
IRS990/PYTotalExpensesAmt0304652
IRS990/PYTotalRevenueAmt040245
IRS990/ReconcilationRevenueExpnssAmt0-15402
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011166
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0621
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0621
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01403510
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94730
IRS990ScheduleA/PublicSupportTotal170Amt011166
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011166
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011166
IRS990ScheduleA/TotalSupportAmt011787
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0212250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0212250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0750000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1526965
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2414374
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3200000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0AHP NOTE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DELEOPMENT FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEVELOPMENT FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NOTE RECEIVABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0212250
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01891339
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LHA ENTERPRISE DEVELOPMENT, INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, MEDICAL, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS AN INSTRUMENTALITY OF AND TO SUPPORT THE HOUSING AUTHORITY OF THE CITY OF LAUREL, MISSISSIPPI (THE AUTHORITY), A PUBLIC HOUSING AUTHORITY ESTABILISHED UNDER (I) THE MISSISSIPPI HOUSING AUTHORITIES LAW, AND (II) THE MISSISSIPPI SUPPLEMENTAL HOUSING AUTHORITIES LAW TO PROVIDE DECENT, SAFE AND SANITARY URBAN OR RURAL DWELLINGS, APARTMENTS, OR OTHER LIVING ACCOMMODATIONS FOR PERSONS OF LOW INCOME; INCLUDING THE ACQUISITION, DEVELOPMENT, CONSTRUCTION AND OPERATION OF BUILDINGS, LAND, EQUIPMENT, FACILITIES, AND OTHER REAL OR PERSONAL PROPERTY FOR NECESSARY, CONVENIENT, OR DESIRABLE APPURTENANCES, STREETS, SEWERS, WATER SERVICE, PARKS, SITE PREPARATION, GARDENING, ADMINISTRATIVE, COMMUNITY, HEALTH, RECREATIONAL, WELFARE OR OTHER PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPPORT OF LAUREL PUBLIC HOUSING AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HUD SETTLEMENT 5,000 0 0 CONTRACT COSTS 12,855 0 0 TOTAL 17,855 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01013759
IRS990/TotalAssetsEOYAmt02689696
IRS990/TotalAssetsGrp/BOYAmt01013759
IRS990/TotalAssetsGrp/EOYAmt02689696
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011166
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027189
IRS990/TotalFunctionalExpensesGrp/TotalAmt027189
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01013759
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02689696
IRS990/TotalOtherProgSrvcExpenseAmt027189
IRS990/TotalProgramServiceExpensesAmt027189
IRS990/TotalRevenueGrp/ExclusionAmt0621
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011787
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01013759
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02689696
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO DRAWER 2910
IRS990/USAddress/CityNm0LAUREL
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039442
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AILRICK YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06014254651
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LHA ENTERPRISE DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0LHAE
ReturnHeader/Filer/EIN0204597332
ReturnHeader/Filer/PhoneNum06014254651
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO DRAWER 2910
ReturnHeader/Filer/USAddress/CityNm0LAUREL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039442
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631169871
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORK HILL & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02100 SOUTHBRIDGE PKWY STE 530
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035209
ReturnHeader/PreparerPersonGrp/PhoneNum02058793292
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0D BEN CORK CPA
ReturnHeader/ReturnTs02023-11-15T18:28:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AILRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YOUNG
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,689,696
Liabilities
$0
Net assets
$2,689,696
Revenue
$11,787
Expenses
$27,189
Net income
-$15,402
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.00$3.99$0.14$0.08$0.07
2023Summary only. Only limited summary data is available for this year.$3.93$0.00$3.93$1.28$0.04$1.24
2022Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.01$0.03$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.04$0.30$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$0.25$0.14$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.03$0.22$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$1.08$0.18$0.90
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.00$0.09$0.09
2016Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.01$0.01$0.00
2015Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.23$0.02$0.20
2014Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$0.16$0.06$0.10
2013Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$0.09$0.01$0.09
2012Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.04$0.00$0.04