Civic Intelligence

Central Ms Housing and Development Corp

EIN 45-4742548 • 501(c)3 • Canton, MS

Profile

Promoting and supporting the development of quality affordable housing to the community it serves, including the acquisition, development, construction, and operation thereof.

120 Faith LaneCanton, MS 39046

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.85x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

8.35x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

3rd percentile

-165%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

14th percentile

-17%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$740,035

Down $152,279 (-17%) from 2023

Liabilities

Down

$632,624

Down $27,480 (-4.2%) from 2023

Net Assets

Down

$107,411

Down $124,799 (-54%) from 2023

Revenue

Down

$75,763

Down $11,636 (-13%) from 2023

Expenses

Up

$200,562

Up $18,702 (+10%) from 2023

Net Income

Down

-$124,799

Down $30,338 (-32%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $3,249Liabilities 2015: $02015Assets 2016: $766,334Liabilities 2016: $770,522Net Assets 2016: -$4,1882016Assets 2017: $1,055,391Liabilities 2017: $1,059,396Net Assets 2017: -$4,0052017Assets 2018: $689,967Liabilities 2018: $495,121Net Assets 2018: $194,8462018Assets 2019: $661,062Liabilities 2019: $513,995Net Assets 2019: $147,0672019Assets 2020: $7,928,343Liabilities 2020: $2,046,105Net Assets 2020: $5,882,2382020Assets 2021: $790,149Liabilities 2021: $527,145Net Assets 2021: $263,0042021Assets 2022: $1,008,119Liabilities 2022: $681,448Net Assets 2022: $326,6712022Assets 2023: $892,314Liabilities 2023: $660,104Net Assets 2023: $232,2102023Assets 2024: $740,035Liabilities 2024: $632,624Net Assets 2024: $107,4112024

Highlighted filing

2024

Assets$740,035
Liabilities$632,624
Net Assets$107,411

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $28,357Expenses 2015: $25,108Net Income 2015: $3,2492015Revenue 2016: $123,727Expenses 2016: $127,915Net Income 2016: -$4,1882016Revenue 2017: $172,577Expenses 2017: $172,394Net Income 2017: $1832017Revenue 2018: $434,711Expenses 2018: $235,861Net Income 2018: $198,8502018Revenue 2019: $39,347Expenses 2019: $87,126Net Income 2019: -$47,7792019Revenue 2020: $5,986,395Expenses 2020: $251,224Net Income 2020: $5,735,1712020Revenue 2021: $250,460Expenses 2021: $5,869,694Net Income 2021: -$5,619,2342021Revenue 2022: $210,737Expenses 2022: $147,070Net Income 2022: $63,6672022Revenue 2023: $87,399Expenses 2023: $181,860Net Income 2023: -$94,4612023Revenue 2024: $75,763Expenses 2024: $200,562Net Income 2024: -$124,7992024

Highlighted filing

2024

Revenue$75,763
Expenses$200,562
Net Income-$124,799

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.63$0.11$0.08$0.20$0.12
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.66$0.23$0.09$0.18$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.68$0.33$0.21$0.15$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.53$0.26$0.25$5.87$5.62
2020Detailed filing. Detailed filing data is available for this year.$7.93$2.05$5.88$5.99$0.25$5.74
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.51$0.15$0.04$0.09$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.50$0.19$0.43$0.24$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.06$1.06$0.00$0.17$0.17$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.77$0.00$0.12$0.13$0.00
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.03$0.03$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 29, 2025
Return Version
2023v6.0
Gross Receipts
$75,763
Mission and Program Overview

Mission

Promoting and supporting the development of quality affordable housing to the community it serves, including the acquisition, development, construction, and operation thereof.

Development of affordable housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$381,030$381,030→ $0
Investments in Publicly Traded Securities$230,800$230,800→ $0
Accounts Receivable$216,616$111,750▼ $104,866
Cash and Non-Interest-Bearing Accounts$58,197$10,160▼ $48,037
Other Notes and Loans Receivable, Net$1,793$4,513▲ $2,720
Prepaid Expenses and Deferred Charges$3,878$1,782▼ $2,096
Total Assets$892,314$740,035▼ $152,279
Liabilities
Unsecured Notes Loans Payable$541,853$483,827▼ $58,026
Accounts Payable and Accrued Expenses$33,095$118,052▲ $84,957
Other Liabilities$85,156$30,745▼ $54,411
Total Liabilities$660,104$632,624▼ $27,480
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$232,210$107,411▼ $124,799
Total Net Assets Fund Balance$232,210$107,411▼ $124,799
Total Liabilities and Net Assets / Fund Balance$892,314$740,035▼ $152,279
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$36,000
Investment Income
$0
Other Revenue
$39,763
Change in Net Assets
$-124,799

Audited Revenue Reconciliation

Revenue per Audited Statements
$75,763
Total Revenue per Audited Statements
$75,763
Total Revenue per Form 990
$75,763
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$200,562
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
Travel-$112,145-$112,145
Office Expenses-$43,059-$43,059
Interest$34,078--$34,078
Other Expenses$282--$282
Total Functional Expenses$45,358$155,204$0$200,562

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$200,562
Total Expenses per Audited Statements$200,562
Total Expenses per Form 990$200,562
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
Due to Affiliates$30,745
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Central Ms Housing and Development
EIN
45-4742548
Phone
6018594032
Address
120 FAITH LANE, CANTON, MS 39046

Signing Officer

Name
Stanford H Beasley Sr
Title
Executive Director
Phone
6018594032
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanford H Beasley Sr
Formed
2012
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Cone & Smith Pc
Address
106 RAINBOW INDUSTRIAL BLVD, RAINBOW CITY, AL 35906-8901
Preparer
David a Smith CPA
Phone
2564133057
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0541853
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0483827
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STANFORD H BEASLEY SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06018594032
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL MS HOUSING AND DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORP
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0454742548
ReturnHeader/Filer/PhoneNum06018594032
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 FAITH LANE
ReturnHeader/Filer/USAddress/CityNm0CANTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039046
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631223562
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONE & SMITH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0106 RAINBOW INDUSTRIAL BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RAINBOW CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0359068901
ReturnHeader/PreparerPersonGrp/PhoneNum02564133057
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A SMITH CPA
ReturnHeader/ReturnTs02025-11-05T10:05:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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