Civic Intelligence

Webster Development Fund

990 • Fiscal year 2015 • EIN 20-5413853

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

Organization ProfileN/A
PO Box 155Springhill, LA 71075

(318) 539-9378

Siviq Scores

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

Liabilities / Assets

90th percentile

0.95x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

100th percentile

86.23x

Higher debt load relative to revenue than 100% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

1st percentile

-227%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

40th percentile

$34,046

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 171.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

42nd percentile

-1.1%

Faster asset growth than 42% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$1,795,426

Down $19,158 (-1.1%) from 2014

Net Assets

Down

$80,919

Down $45,132 (-36%) from 2014

Liabilities

Up

$1,714,507

Up $25,974 (+1.5%) from 2014

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$19,883

Up $21,891 (+1090%) from 2014

Expenses

Down

$65,015

Down $39,006 (-37%) from 2014

Net Income

Up

-$45,132

Up $60,897 (+57%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,250,196Liabilities 2011: $897,044Net Assets 2011: $353,1522011Assets 2012: $1,969,614Liabilities 2012: $1,667,288Net Assets 2012: $302,3262012Assets 2013: $1,959,485Liabilities 2013: $1,727,405Net Assets 2013: $232,0802013Assets 2014: $1,814,584Liabilities 2014: $1,688,533Net Assets 2014: $126,0512014Assets 2015: $1,795,426Liabilities 2015: $1,714,507Net Assets 2015: $80,9192015Assets 2016: $1,690,661Liabilities 2016: $1,675,240Net Assets 2016: $15,4212016Assets 2017: $1,551,427Liabilities 2017: $1,510,136Net Assets 2017: $41,2912017Assets 2018: $1,473,362Liabilities 2018: $0Net Assets 2018: $1,473,3622018Assets 2019: $1,377,142Liabilities 2019: $1,354,019Net Assets 2019: $23,1232019Assets 2020: $1,302,756Liabilities 2020: $1,180,860Net Assets 2020: $121,8962020Assets 2021: $1,349,852Liabilities 2021: $1,190,592Net Assets 2021: $159,2602021Assets 2022: $1,208,231Liabilities 2022: $1,099,785Net Assets 2022: $108,4462022Assets 2023: $1,146,289Liabilities 2023: $1,033,378Net Assets 2023: $112,9112023Assets 2025: $1,221,936Liabilities 2025: $1,112,103Net Assets 2025: $109,8332025

Highlighted filing

2015

Assets$1,795,426
Liabilities$1,714,507
Net Assets$80,919
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100K-$200KRevenue 2011: $18,146Expenses 2011: $31,382Net Income 2011: -$13,2362011Expenses 2012: $56,6272012Revenue 2013: $17,401Expenses 2013: $87,647Net Income 2013: -$70,2462013Revenue 2014: -$2,008Expenses 2014: $104,021Net Income 2014: -$106,0292014Revenue 2015: $19,883Expenses 2015: $65,015Net Income 2015: -$45,1322015Revenue 2016: $1,662Expenses 2016: $67,160Net Income 2016: -$65,4982016Revenue 2017: $12,655Expenses 2017: $79,617Net Income 2017: -$66,9622017Revenue 2018: $1,285Expenses 2018: $29,387Net Income 2018: -$28,1022018Revenue 2019: $0Expenses 2019: $32,420Net Income 2019: -$32,4202019Revenue 2020: $0Expenses 2020: $36,464Net Income 2020: -$36,4642020Revenue 2021: $0Expenses 2021: $32,668Net Income 2021: -$32,6682021Revenue 2022: $0Expenses 2022: $50,814Net Income 2022: -$50,8142022Revenue 2023: $0Expenses 2023: $51,250Net Income 2023: -$51,2502023Revenue 2025: $0Expenses 2025: $69,069Net Income 2025: -$69,0692025

Highlighted filing

2015

Revenue$19,883
Expenses$65,015
Net Income-$45,132
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$44,883
Mission and Program Overview

Mission

To process mortgages for the Fuller Center of Webster, Inc. for low income families

Solicit Funds and Purchase and Hold Mortgages for the Fuller Center of Webster, Inc.,a non-profit organization that provides affordable housing for low income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,000--
Cash and Non-Interest-Bearing Accounts$8,687$9,033▲ $346
Total Assets$1,814,584$1,795,426▼ $19,158
Other Assets Total$1,790,897$1,786,393▼ $4,504
Liabilities
Accounts Payable and Accrued Expenses$1,622,989$1,651,359▲ $28,370
Mortgage Notes Payable Secured by Investment Property$65,544$63,148▼ $2,396
Total Liabilities$1,688,533$1,714,507▲ $25,974
Net Assets / Fund Balance
Unrestricted Net Assets$126,051$80,919▼ $45,132
Total Net Assets Fund Balance$126,051$80,919▼ $45,132
Total Liabilities and Net Assets / Fund Balance$1,814,584$1,795,426▼ $19,158

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$489,323--
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Derek MelanconExecutive DirectorPT$34,046$34,046

Board Members and Trustees

NameTitle
W Charles ParkPresident
Charles PayneMember
Dennis Mcmullan JrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$36,025
Program Service Revenue
$0
Investment Income
$-18,156
Other Revenue
$2,014
All Other Contributions
$36,025
Change in Net Assets
$-45,132

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Residential4$31,025
Total Noncash Contributions4$31,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$62,515
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$5,668$0$0$5,668
Grants to Domestic Orgs$2,500--$2,500
Other Expenses$279$0$0$279
Total Functional Expenses$65,015$0$0$65,015
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 9

“Dennis McMullan, Jr. 261 Montgomery Drive Springhill LA 71075”

Form 990, Part VI, Line 9

“Charles L. Payne 1101 Janice Dr Springhill LA 71075”

Filing and Contact Details

Filer

Filer Name
Webster Development Fund
EIN
20-5413853
Phone
3185399378
Address
PO Box 155, SPRINGHILL, LA 71075

Signing Officer

Name
Derek Melancon
Title
Director
Phone
3185399378
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Payne
Formed
2006
Legal Domicile
La
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Wise Martin & Cole LLC
Address
601 Main, Minden, LA 71055
Preparer
Carlos Martin CPA
Phone
3183773171
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Director will present Form 990 to board members in a timely manner”

Form 990EZ, Part I, Line 16

“Benefits assigned to Homeowners”

Form 990EZ, Part I, Line 16

“Bank Charges”

Form 990EZ, Part II, Line 24

“MORTGAGE RECEIVABLES”

Form 990EZ, Part II, Line 24

“FORGIVABLE NOTES”

Form 990EZ, Part II, Line 26

“Accounts Payable”

Raw XML Appendix359 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/AccountsPayableAccrExpnssGrp/BOYAmt01622989
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01651359
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Solicit Funds and Purchase and Hold Mortgages for the Fuller Center of Webster, Inc.,a non-profit organization that provides affordable housing for low income families.
IRS990/AllOtherContributionsAmt036025
IRS990/BooksInCareOfDetail/PersonNm0CHARLES PAYNE
IRS990/BooksInCareOfDetail/PhoneNum03185399378
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt021355 Hwy 157
IRS990/BooksInCareOfDetail/USAddress/CityNm0Springhill
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071075
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt08687
IRS990/CashNonInterestBearingGrp/EOYAmt09033
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt036025
IRS990/CYGrantsAndSimilarPaidAmt02500
IRS990/CYInvestmentIncomeAmt0-18156
IRS990/CYOtherExpensesAmt062515
IRS990/CYOtherRevenueAmt02014
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-45132
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt065015
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt019883
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0COLLECTED FUNDS TO CONTRIBUTE TO THE FULLER CENTER OF WEBSTER, INC TO BUILD LOW INCOME HOUSING AND ALSO MANAGE MORTGAGES ON HOUSING FOR LOW INCOME FAMILIES INCLUDING FORGIVING THE PORTION OF THE MORTGAGE THAT IS ATTRIBUTED TO DONATIONS. (44 MORTGAGES CURRENTLY HELD)
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt065015
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0W CHARLES PARK
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm2DENNIS MCMULLAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm3DEREK MELANCON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt334046
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Executive Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-18178
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06822
IRS990/GrossReceiptsAmt044883
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt05668
IRS990/InterestGrp/TotalAmt05668
IRS990/InvestmentIncomeGrp/ExclusionAmt022
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015000
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt025000
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt02014
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt02014
IRS990/MissionDesc0Solicit Funds and Purchase and Hold Mortgages for the Fuller
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt065544
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt063148
IRS990/NetAssetsOrFundBalancesBOYAmt0126051
IRS990/NetAssetsOrFundBalancesEOYAmt080919
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-18178
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-18178
IRS990/NoncashContributionsAmt031025
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01790897
IRS990/OtherAssetsTotalGrp/EOYAmt01786393
IRS990/OtherExpensesGrp/Desc0Note Forgiveness to Homeowners
IRS990/OtherExpensesGrp/Desc1Bank Charges
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt056568
IRS990/OtherExpensesGrp/ProgramServicesAmt1279
IRS990/OtherExpensesGrp/TotalAmt056568
IRS990/OtherExpensesGrp/TotalAmt1279
IRS990/OtherRevenueTotalAmt02014
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHARLES PAYNE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-5008
IRS990/PYOtherExpensesAmt0104021
IRS990/PYRevenuesLessExpensesAmt0-106029
IRS990/PYTotalExpensesAmt0104021
IRS990/PYTotalRevenueAmt0-2008
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-45132
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt019883
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Insurance Claims & Other Income 2011: 2439. 2015: 2000. Description: Misc Income 2015: 14.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt036025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt077925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt031
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02014
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02439
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04453
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94560
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.46330
IRS990ScheduleA/PublicSupportTotal170Amt077925
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt036025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt077925
IRS990ScheduleA/TotalSupportAmt082409
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01297070
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1489323
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Mortgage Receivables
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Forgivable Notes
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01786393
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt04
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateResidentialGrp/NoncashContributionsRptF990Amt031025
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Director will present Form 990 to board members in a timely manner
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Benefits assigned to Homeowners
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Charges
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MORTGAGE RECEIVABLES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORGIVABLE NOTES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dennis McMullan, Jr. 261 Montgomery Drive Springhill LA 71075
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Charles L. Payne 1101 Janice Dr Springhill LA 71075
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 9
IRS990ScheduleR/AssetExchangeInd0true
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Fuller Center of Webster Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0721193675
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Building affordable homes for low income families
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0SECTION 170(B)(1)(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 155
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Minden
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd071075
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt028370
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0per cash transactions and asset transfers
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Fuller Center of Wesbter Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0irs
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01814584
IRS990/TotalAssetsEOYAmt01795426
IRS990/TotalAssetsGrp/BOYAmt01814584
IRS990/TotalAssetsGrp/EOYAmt01795426
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt036025
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065015
IRS990/TotalFunctionalExpensesGrp/TotalAmt065015
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01688533
IRS990/TotalLiabilitiesEOYAmt01714507
IRS990/TotalLiabilitiesGrp/BOYAmt01688533
IRS990/TotalLiabilitiesGrp/EOYAmt01714507
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126051
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt080919
IRS990/TotalProgramServiceExpensesAmt065015
IRS990/TotalRevenueGrp/ExclusionAmt022
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-16164
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt019883
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01814584
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01795426
IRS990/TotReportableCompRltdOrgAmt034046
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0126051
IRS990/UnrestrictedNetAssetsGrp/EOYAmt080919
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt021355 Hwy 157
IRS990/USAddress/CityNm0Springhill
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd071075
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEREK MELANCON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03185399378
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEBSTER DEVELOPMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0WEBS
ReturnHeader/Filer/EIN0205413853
ReturnHeader/Filer/PhoneNum03185399378
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 155
ReturnHeader/Filer/USAddress/CityNm0SPRINGHILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd071075
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wise Martin & Cole LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 Main
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minden
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071055
ReturnHeader/PreparerPersonGrp/PhoneNum03183773171
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLOS MARTIN CPA
ReturnHeader/ReturnTs02016-11-15T10:02:39-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,795,426
Liabilities
$1,714,507
Net assets
$80,919
Revenue
$19,883
Expenses
$65,015
Net income
-$45,132
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$1.11$0.11$0.00$0.07$0.07
2023Summary only. Only limited summary data is available for this year.$1.15$1.03$0.11$0.00$0.05$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.10$0.11$0.00$0.05$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$1.19$0.16$0.00$0.03$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$1.18$0.12$0.00$0.04$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$1.35$0.02$0.00$0.03$0.03
2018Summary only. Only limited summary data is available for this year.$1.47$0.00$1.47$0.00$0.03$0.03
2017Summary only. Only limited summary data is available for this year.$1.55$1.51$0.04$0.01$0.08$0.07
2016Summary only. Only limited summary data is available for this year.$1.69$1.68$0.02$0.00$0.07$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.80$1.71$0.08$0.02$0.07$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.81$1.69$0.13$0.00$0.10$0.11
2013Summary only. Only limited summary data is available for this year.$1.96$1.73$0.23$0.02$0.09$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$1.67$0.30$0.06
2011Summary only. Only limited summary data is available for this year.$1.25$0.90$0.35$0.02$0.03$0.01