Civic Intelligence

Webster Development Fund Inc Webster Development Fund Inc

990 • Fiscal year 2016 • EIN 20-5413853

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

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

91st percentile

0.99x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

1007.97x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-3941%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

19th percentile

-5.8%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

Flat

$1,690,661

Flat from 2016

Net Assets

Flat

$15,421

Flat from 2016

Liabilities

Flat

$1,675,240

Flat from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Flat

$1,662

Flat from 2016

Expenses

Flat

$67,160

Flat from 2016

Net Income

Flat

-$65,498

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth19th 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 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

2016

Assets$1,690,661
Liabilities$1,675,240
Net Assets$15,421
Open 2016 Filing

Operations Trend

Revenue Growth1st percentile

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 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

2016

Revenue$1,662
Expenses$67,160
Net Income-$65,498
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,662
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
Cash and Non-Interest-Bearing Accounts$9,033$24,777▲ $15,744
Total Assets$1,795,426$1,690,661▼ $104,765
Other Assets Total$1,786,393$1,665,884▼ $120,509
Liabilities
Accounts Payable and Accrued Expenses$1,651,359$1,617,490▼ $33,869
Mortgage Notes Payable Secured by Investment Property$63,148$57,750▼ $5,398
Total Liabilities$1,714,507$1,675,240▼ $39,267
Net Assets / Fund Balance
Unrestricted Net Assets$80,919$15,421▼ $65,498
Total Net Assets Fund Balance$80,919$15,421▼ $65,498
Total Liabilities and Net Assets / Fund Balance$1,795,426$1,690,661▼ $104,765

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$431,516--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
W Charles ParkPresident
Derek MelanconExecutive Director
Dennis Mcmullan JrMember
Charles PayneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$1,661
Change in Net Assets
$-65,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,160
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
Interest$2,666$0$0$2,666
Other Expenses$489$0$0$489
Total Functional Expenses$67,160$0$0$67,160
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
2017-11-15
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 E 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 Appendix347 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/BOYAmt01651359
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01617490
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/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/BOYAmt09033
IRS990/CashNonInterestBearingGrp/EOYAmt024777
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01
IRS990/CYOtherExpensesAmt067160
IRS990/CYOtherRevenueAmt01661
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-65498
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt067160
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01662
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
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. (43 MORTGAGES CURRENTLY HELD)
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt067160
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/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Executive Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01662
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt02666
IRS990/InterestGrp/TotalAmt02666
IRS990/InvestmentIncomeGrp/ExclusionAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01661
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01661
IRS990/MissionDesc0Solicit Funds and Purchase and Hold Mortgages for the Fuller
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt063148
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt057750
IRS990/NetAssetsOrFundBalancesBOYAmt080919
IRS990/NetAssetsOrFundBalancesEOYAmt015421
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01786393
IRS990/OtherAssetsTotalGrp/EOYAmt01665884
IRS990/OtherExpensesGrp/Desc0Note Forgiveness to Homeowners
IRS990/OtherExpensesGrp/Desc1Bank Charges
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt063765
IRS990/OtherExpensesGrp/ProgramServicesAmt1240
IRS990/OtherExpensesGrp/ProgramServicesAmt2489
IRS990/OtherExpensesGrp/TotalAmt063765
IRS990/OtherExpensesGrp/TotalAmt1240
IRS990/OtherExpensesGrp/TotalAmt2489
IRS990/OtherRevenueTotalAmt01661
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHARLES PAYNE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt036025
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02500
IRS990/PYInvestmentIncomeAmt0-18156
IRS990/PYOtherExpensesAmt062515
IRS990/PYOtherRevenueAmt02014
IRS990/PYRevenuesLessExpensesAmt0-45132
IRS990/PYTotalExpensesAmt065015
IRS990/PYTotalRevenueAmt019883
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-65498
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01662
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Insurance Claims & Other Income 2015: 2000. Description: Misc Income 2015: 14. 2016: 1661.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt036025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt017400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt062225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01661
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02014
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03675
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.52810
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.94560
IRS990ScheduleA/PublicSupportTotal170Amt034817
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt027408
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt036025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt062225
IRS990ScheduleA/TotalSupportAmt065925
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01234368
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1431516
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Mortgage Receivables
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Forgivable Notes
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01665884
IRS990/ScheduleJRequiredInd0false
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/InvolvedAmt033870
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/TotalAssetsBOYAmt01795426
IRS990/TotalAssetsEOYAmt01690661
IRS990/TotalAssetsGrp/BOYAmt01795426
IRS990/TotalAssetsGrp/EOYAmt01690661
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067160
IRS990/TotalFunctionalExpensesGrp/TotalAmt067160
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01714507
IRS990/TotalLiabilitiesEOYAmt01675240
IRS990/TotalLiabilitiesGrp/BOYAmt01714507
IRS990/TotalLiabilitiesGrp/EOYAmt01675240
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt080919
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015421
IRS990/TotalProgramServiceExpensesAmt067160
IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01661
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01662
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01795426
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01690661
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt080919
IRS990/UnrestrictedNetAssetsGrp/EOYAmt015421
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/SignatureDt02017-11-15
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0E48D6F5389395529BD1CDEFB26B051E61D002DD7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E48D6F5389395529BD1CDEFB26B051E61D002DD7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.180.194.185
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm005:42:34
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 E MARTIN CPA
ReturnHeader/ReturnTs02017-11-15T05:42:45-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,690,661
Liabilities
$1,675,240
Net assets
$15,421
Revenue
$1,662
Expenses
$67,160
Net income
-$65,498
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
2016Detailed filing. Detailed filing data is available for this year.$1.69$1.68$0.02$0.00$0.07$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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