Civic Intelligence

Choctaw County Economic Development Foundation

990 • Fiscal year 2017 • EIN 27-0048587

Apr 01, 2016 to Mar 31, 2017 • Filed on May 18, 2017

Organization ProfileCHOCTAWCOUNTYMS.COM
PO Box 737Ackerman, MS 39735

(662) 285-3778

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.05x

Higher debt load relative to revenue than 47% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

20th percentile

-5.4%

Higher net margin than 20% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

32nd percentile

-1.0%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-40%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$514,535

Down $5,193 (-1.0%) from 2016

Net Assets

Down

$510,402

Down $4,452 (-0.9%) from 2016

Liabilities

Down

$4,133

Down $741 (-15%) from 2016

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin20th percentile

Revenue

Down

$82,158

Down $55,096 (-40%) from 2016

Expenses

Down

$86,610

Down $33,056 (-28%) from 2016

Net Income

Down

-$4,452

Down $22,040 (-125%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$600K$400K$200K$0Assets 2014: $505,973Liabilities 2014: $7,196Net Assets 2014: $498,7772014Assets 2015: $500,112Liabilities 2015: $2,846Net Assets 2015: $497,2662015Assets 2016: $519,728Liabilities 2016: $4,874Net Assets 2016: $514,8542016Assets 2017: $514,535Liabilities 2017: $4,133Net Assets 2017: $510,4022017Assets 2018: $512,702Liabilities 2018: $13,661Net Assets 2018: $499,0412018Assets 2019: $507,111Liabilities 2019: $6,759Net Assets 2019: $500,3522019Assets 2020: $508,246Liabilities 2020: $2,644Net Assets 2020: $505,6022020Assets 2021: $495,272Liabilities 2021: $6,334Net Assets 2021: $488,9382021Assets 2022: $513,819Liabilities 2022: $2,762Net Assets 2022: $511,0572022Assets 2023: $520,325Liabilities 2023: $2,733Net Assets 2023: $517,5922023Assets 2024: $536,617Liabilities 2024: $3,156Net Assets 2024: $533,4612024Assets 2025: $567,778Liabilities 2025: $5,639Net Assets 2025: $562,1392025

Highlighted filing

2017

Assets$514,535
Liabilities$4,133
Net Assets$510,402
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

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

$150K$100K$50K$0-$50KRevenue 2014: $124,989Expenses 2014: $98,886Net Income 2014: $26,1032014Revenue 2015: $112,431Expenses 2015: $113,942Net Income 2015: -$1,5112015Revenue 2016: $137,254Expenses 2016: $119,666Net Income 2016: $17,5882016Revenue 2017: $82,158Expenses 2017: $86,610Net Income 2017: -$4,4522017Revenue 2018: $119,481Expenses 2018: $130,842Net Income 2018: -$11,3612018Revenue 2019: $113,679Expenses 2019: $112,368Net Income 2019: $1,3112019Revenue 2020: $89,926Expenses 2020: $84,676Net Income 2020: $5,2502020Revenue 2021: $73,697Expenses 2021: $91,268Net Income 2021: -$17,5712021Revenue 2022: $101,725Expenses 2022: $79,994Net Income 2022: $21,7312022Revenue 2023: $88,949Expenses 2023: $82,414Net Income 2023: $6,5352023Revenue 2024: $99,647Expenses 2024: $83,444Net Income 2024: $16,2032024Revenue 2025: $125,346Expenses 2025: $96,668Net Income 2025: $28,6782025

Highlighted filing

2017

Revenue$82,158
Expenses$86,610
Net Income-$4,452
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
May 18, 2017
Return Version
2016v3.0
Gross Receipts
$103,536
Mission and Program Overview

Mission

CCEDF was formed in 1987 to accept private contributions in support of economic development and conduct certain activities which the governmental economic development district are not permitted

CCEDF was formed in 1987 to accept private contributions in support of economic development and conduct certain activities which the governmental economic development district are not permitted to undertake in accordance with current state law

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$425,084$405,957▼ $19,127
Cash and Non-Interest-Bearing Accounts$94,644$108,578▲ $13,934
Total Assets$519,728$514,535▼ $5,193
Liabilities
Other Liabilities$1,200$2,400▲ $1,200
Accounts Payable and Accrued Expenses$3,674$1,733▼ $1,941
Total Liabilities$4,874$4,133▼ $741
Net Assets / Fund Balance
Unrestricted Net Assets$514,854$510,402▼ $4,452
Total Net Assets Fund Balance$514,854$510,402▼ $4,452
Total Liabilities and Net Assets / Fund Balance$519,728$514,535▼ $5,193

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$380,721$222,337$603,058
Equipment$7,355$60,221$67,576
Land$17,881-$17,881
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Lee JamesPresident
Thomas WoodsVice President
Christina MillerDirector
Elizabeth JenkinsDirector
Kasey YoungDirector
Melinda NewlinDirector
Juliette AshfordSec./ Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$75,442
Program Service Revenue
$14,789
Investment Income
$0
Other Revenue
$-8,073
Change in Net Assets
$-4,452

Audited Revenue Reconciliation

Revenue per Audited Statements
$103,536
Revenue Not Reported on Financial Statements
$-21,378
Other Revenue Adjustments
$-21,378
Total Revenue per Audited Statements
$103,536
Total Revenue per Form 990
$82,158
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$79,421
Grants and Similar Amounts Paid$7,189
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$11,000$9,802$0$20,802
Occupancy$1,019$8,000$0$9,019
Insurance$0$8,185$0$8,185
Grants to Domestic Orgs$7,189--$7,189
Office Expenses$5,750$0$0$5,750
Fees for Services Legal$400$5,000$0$5,400
Fees for Services Accounting$900$4,025$0$4,925
Travel$0$3,777$0$3,777
Advertising$1,117$0$0$1,117
Information Technology$1,000$84-$1,084
All Other Expenses$900$162$0$1,062
Other Expenses$454$0$0$454
Total Functional Expenses$45,933$40,677$0$86,610

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$107,988
Expenses per Audited Statements$86,610
Total Expenses per Form 990$86,610
Expenses Not Reported on Form 990$21,378
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$2,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
Choctaw County Economic Development Foundation
EIN
27-0048587
Phone
6622853778
Address
PO BOX 737, ACKERMAN, MS 39735

Signing Officer

Name
Donna Mckay
Title
Executive Director
Phone
6622853778
Signed
2017-05-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Mckay
Formed
1987
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
15

Preparer

Firm
Miller & Miller CPA
Address
42 WOODGATE DR, BRANDON, MS 39042-2214
Preparer
Jan M Miller CPA
Phone
6019462568
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The tax return is presented to the board of directors at the monthly meeting in july 2017. All board members were present.”

Pt VI, Line 6

“The organzation has members.”

Pt VI, Line 7A

“The members annually elect people to serve on the board of directors.”

Pt VI, Line 12C

“Immediately following the election of new board members each year, the board is presented a copy of the conflict of interest policy and asked to verify that no conflicts exist. Any questionable situations are discussed by the board as a whole and resolved before the first meeting begins.”

Form 990, Part IX, Line 24E

“POSTAGE 380. 300. 80. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous 682. 600. 82. 0.”

Financial Statement Notes

Pt XI, Line 4B

“Rental expenses are reported against rental income on the tax return but listed as expenses on the financials.”

Pt XII, Line 2D

“Rental expenses are reported against rental income on the tax retrun but listed as expenses on the financials.”

Raw XML AppendixShowing 400 of 414 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/BOYAmt03674
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01733
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CCEDF was formed in 1987 to accept private contributions in support of economic development and conduct certain activities which the governmental economic development district are not permitted to undertake in accordance with current state law
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt01117
IRS990/AdvertisingGrp/TotalAmt01117
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0162
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0900
IRS990/AllOtherExpensesGrp/TotalAmt01062
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DONNA McKAY
IRS990/BooksInCareOfDetail/PhoneNum06628253778
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt055 E QUINN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0ACKERMAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039735
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt094644
IRS990/CashNonInterestBearingGrp/EOYAmt0108578
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt075442
IRS990/CYGrantsAndSimilarPaidAmt07189
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt079421
IRS990/CYOtherRevenueAmt0-8073
IRS990/CYProgramServiceRevenueAmt014789
IRS990/CYRevenuesLessExpensesAmt0-4452
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt086610
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt082158
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09802
IRS990/DepreciationDepletionGrp/ProgramServicesAmt011000
IRS990/DepreciationDepletionGrp/TotalAmt020802
IRS990/Desc0THE FOUNDATION OWNS AND MAINTAINS THE COMMUNITY CENTER FOR CHOCTAW COUNTY. THE FACILITY IS RENTED OUT TO VARIOUS GROUPS AND BUSINESSES TO PROMOTE CHOCTAW COUNTY AS A DESTINATION.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04025
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0900
IRS990/FeesForServicesAccountingGrp/TotalAmt04925
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0400
IRS990/FeesForServicesLegalGrp/TotalAmt05400
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt47.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0KASEY YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIETTE ASHFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2ELIZABETH JENKINS
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTINA MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm4LEE JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm5MELINDA NEWLIN
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS WOODS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SEC./ TREAS.
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07189
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07189
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0103536
IRS990/GrossRentsGrp/RealAmt013305
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt084
IRS990/InformationTechnologyGrp/ProgramServicesAmt01000
IRS990/InformationTechnologyGrp/TotalAmt01084
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt08185
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt08185
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0282558
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0425084
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0405957
IRS990/LandBldgEquipCostOrOtherBssAmt0688515
IRS990/LegalDomicileStateCd0MS
IRS990/LessRentalExpensesGrp/RealAmt021378
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt021745
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CCEDF was formed in 1987 to accept
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0514854
IRS990/NetAssetsOrFundBalancesEOYAmt0510402
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-8073
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-8073
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08000
IRS990/OccupancyGrp/ProgramServicesAmt01019
IRS990/OccupancyGrp/TotalAmt09019
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt05750
IRS990/OfficeExpensesGrp/TotalAmt05750
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2OFFICE SUPPLIES
IRS990/OtherExpensesGrp/Desc3MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11505
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2137
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt014204
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt22000
IRS990/OtherExpensesGrp/ProgramServicesAmt3454
IRS990/OtherExpensesGrp/TotalAmt014204
IRS990/OtherExpensesGrp/TotalAmt11505
IRS990/OtherExpensesGrp/TotalAmt22137
IRS990/OtherExpensesGrp/TotalAmt3454
IRS990/OtherLiabilitiesGrp/BOYAmt01200
IRS990/OtherLiabilitiesGrp/EOYAmt02400
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DONNA MCKAY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0119633
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt08082
IRS990/PYOtherExpensesAmt0111584
IRS990/PYOtherRevenueAmt02337
IRS990/PYProgramServiceRevenueAmt015284
IRS990/PYRevenuesLessExpensesAmt017588
IRS990/PYTotalExpensesAmt0119666
IRS990/PYTotalRevenueAmt0137254
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-4452
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt053697
IRS990/RentalIncomeOrLossGrp/RealAmt0-8073
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0380721
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0222337
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0603058
IRS990ScheduleD/EquipmentGrp/BookValueAmt07355
IRS990ScheduleD/EquipmentGrp/DepreciationAmt060221
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067576
IRS990ScheduleD/ExpensesNotReportedAmt021378
IRS990ScheduleD/ExpensesSubtotalAmt086610
IRS990ScheduleD/LandGrp/BookValueAmt017881
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017881
IRS990ScheduleD/OtherExpensesIncludedAmt021378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-21378
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-21378
IRS990ScheduleD/RevenueSubtotalAmt0103536
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSES ARE REPORTED AGAINST RENTAL INCOME ON THE TAX RETURN BUT LISTED AS EXPENSES ON THE FINANCIALS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES ARE REPORTED AGAINST RENTAL INCOME ON THE TAX RETRUN BUT LISTED AS EXPENSES ON THE FINANCIALS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0405957
IRS990ScheduleD/TotalExpensesPerForm990Amt086610
IRS990ScheduleD/TotalLiabilityAmt02400
IRS990ScheduleD/TotalRevenuePerForm990Amt082158
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0103536
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0107988
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS EACH APPLICATION AND APPROVES EACH GRANT BEFORE FUNDS ARE DISBURSED. DOCUMENTATION OF THE COMPLETED PROJECT IS REQUIRED OF EACH RECIPIENT AND IS AGAIN REVIEWED BY THE BOARD UPON RECEIPT OF SAME. NO SINGLE RECIPIENT RECEIVED MORE THAN $5,000 IN THIS FISCAL YEAR.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS PRESENTED TO THE BOARD OF DIRECTORS AT THE MONTHLY MEETING IN JULY 2017. ALL BOARD MEMBERS WERE PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS ANNUALLY ELECT PEOPLE TO SERVE ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IMMEDIATELY FOLLOWING THE ELECTION OF NEW BOARD MEMBERS EACH YEAR, THE BOARD IS PRESENTED A COPY OF THE CONFLICT OF INTEREST POLICY AND ASKED TO VERIFY THAT NO CONFLICTS EXIST. ANY QUESTIONABLE SITUATIONS ARE DISCUSSED BY THE BOARD AS A WHOLE AND RESOLVED BEFORE THE FIRST MEETING BEGINS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4POSTAGE 380. 300. 80. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS 682. 600. 82. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHOCTAW COUNTY ECONOMIC DEVELOPMENT DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0640754161
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0QUASI-STATE GOVERNMENT UNIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0115 EAST QUINN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ACKERMAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd039735
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt11/2 OF MGMT EXPS.
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CHOCTAW COUNTY ECONOMIC DEVELOPMENT DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CHOCTAW COUNTY ECONOMIC DEVELOPMENT DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0c
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1n
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0519728
IRS990/TotalAssetsEOYAmt0514535
IRS990/TotalAssetsGrp/BOYAmt0519728
IRS990/TotalAssetsGrp/EOYAmt0514535
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt075442
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040677
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt045933
IRS990/TotalFunctionalExpensesGrp/TotalAmt086610
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04874
IRS990/TotalLiabilitiesEOYAmt04133
IRS990/TotalLiabilitiesGrp/BOYAmt04874
IRS990/TotalLiabilitiesGrp/EOYAmt04133
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0514854
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0510402
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt014789
IRS990/TotalProgramServiceRevenueAmt014789
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06716
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt082158
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0519728
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0514535
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03777
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt03777
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0514854
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0510402
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 737
IRS990/USAddress/CityNm0ACKERMAN
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039735
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0CHOCTAWCOUNTYMS.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA MCKAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06622853778
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHOCTAW COUNTY ECONOMIC DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CHOC
ReturnHeader/Filer/EIN0270048587
ReturnHeader/Filer/PhoneNum06622853778
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 737
ReturnHeader/Filer/USAddress/CityNm0ACKERMAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039735
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D68CA40AAD1108D0CD2E5AB24A7035903D71B10C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D68CA40AAD1108D0CD2E5AB24A7035903D71B10C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.26.69.86
ReturnHeader/FilingSecurityInformation/IPDt02017-08-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$514,535
Liabilities
$4,133
Net assets
$510,402
Revenue
$82,158
Expenses
$86,610
Net income
-$4,452
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.68$0.06$5.62$1.25$0.97$0.29
2024Detailed filing. Detailed filing data is available for this year.$5.37$0.03$5.33$1.00$0.83$0.16
2023Detailed filing. Detailed filing data is available for this year.$5.20$0.03$5.18$0.89$0.82$0.07
2022Detailed filing. Detailed filing data is available for this year.$5.14$0.03$5.11$1.02$0.80$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.95$0.06$4.89$0.74$0.91$0.18
2020Detailed filing. Detailed filing data is available for this year.$5.08$0.03$5.06$0.90$0.85$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.07$0.07$5.00$1.14$1.12$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.13$0.14$4.99$1.19$1.31$0.11
2017Detailed filing. Detailed filing data is available for this year.$5.15$0.04$5.10$0.82$0.87$0.04
2016Detailed filing. Detailed filing data is available for this year.$5.20$0.05$5.15$1.37$1.20$0.18
2015Detailed filing. Detailed filing data is available for this year.$5.00$0.03$4.97$1.12$1.14$0.02
2014Detailed filing. Detailed filing data is available for this year.$5.06$0.07$4.99$1.25$0.99$0.26