Civic Intelligence

Mississippi Regional Housing Development Corp

EIN 47-3173101 • 501(c)3 • Jackson, MS

Profile

A Non-Profit Corporation formed to build houses for low to moderate income persons

PO Box 8746Jackson, MS 39284
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

1st percentile

-16859%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

31st percentile

-19%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-31%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$118,165

Down $131,243 (-53%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$118,165

Down $131,243 (-53%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin1st percentile

Revenue

Down

$188

Down $168 (-47%) from 2023

Expenses

Up

$131,431

Up $71,057 (+118%) from 2023

Net Income

Down

-$131,243

Down $71,225 (-119%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$400K$300K$200K$100K$0Assets 2019: $226,361Liabilities 2019: $0Net Assets 2019: $226,3612019Assets 2020: $327,162Liabilities 2020: $0Net Assets 2020: $327,1622020Assets 2021: $325,891Liabilities 2021: $0Net Assets 2021: $325,8912021Assets 2022: $309,426Liabilities 2022: $0Net Assets 2022: $309,4262022Assets 2023: $249,408Liabilities 2023: $0Net Assets 2023: $249,4082023Assets 2024: $118,165Liabilities 2024: $0Net Assets 2024: $118,1652024

Highlighted filing

2024

Assets$118,165
Liabilities$0
Net Assets$118,165
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$300K$200K$100K$0-$100K-$200KRevenue 2019: $226,361Expenses 2019: $0Net Income 2019: $226,3612019Revenue 2020: $100,801Expenses 2020: $0Net Income 2020: $100,8012020Revenue 2021: $814Expenses 2021: $2,085Net Income 2021: -$1,2712021Revenue 2022: $513Expenses 2022: $16,978Net Income 2022: -$16,4652022Revenue 2023: $356Expenses 2023: $60,374Net Income 2023: -$60,0182023Revenue 2024: $188Expenses 2024: $131,431Net Income 2024: -$131,2432024

Highlighted filing

2024

Revenue$188
Expenses$131,431
Net Income-$131,243
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,165
Liabilities
$0
Net assets
$118,165
Revenue
$188
Expenses
$131,431
Net income
-$131,243
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.00$1.31$1.31
2023Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.00$0.60$0.60
2022Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.01$0.17$0.16
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.01$0.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$1.01$0.00$1.01
2019Summary only. Only limited summary data is available for this year.$2.26$0.00$2.26$2.26$0.00$2.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.1
Gross Receipts
$188
Mission and Program Overview

Mission

A Non-Profit Corporation formed to build houses for low to moderate income persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$249,408$118,165▼ $131,243
Prepaid Expenses and Deferred Charges$71,466$84,077▲ $12,611
Savings and Temporary Cash Investments$177,942$34,088▼ $143,854
Total Assets$249,408$118,165▼ $131,243
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$249,408$118,165▼ $131,243
Total Liabilities and Net Assets / Fund Balance$249,408$118,165▼ $131,243
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
John M HallChairman
Hickman M JohnsonPresident
Katina PaceVice President
Betty W FletcherDirector
Clarence ScutterDirector
Geraldine SturgisDirector
Isiac JacksonDirector
John HardyDirector
Lynn McCallisterDirector
Ronald K MooreDirector
Zelmarine MurphyDirector
Linda J JonesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$188
Other Revenue
$0
Change in Net Assets
$-131,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,431
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
Insurance-$130,900-$130,900
Other Expenses-$36-$36
Total Functional Expenses$0$131,431$0$131,431
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Form 990, Part VI, Line 11 - Organizations Process to Review Form 990No review was or will be conducted`”

Form 990 availability to public Part VI line 18

“Form 990, Part VI, Line 18 - Availability to PublicUpon Request, all documents are available.”

Governing documents etc available to public Part VI line 19

“Form 990, Part VI, Line 19 - Governing Documents Disclosure ExplanationUpon Request, all documents are available.”

Filing and Contact Details

Filer

Filer Name
Mississippi Regional Housing Development Corp
EIN
47-3173101
In Care Of
% Hickman M Johnson
Phone
6017143997
Address
PO BOX 8746, Jackson, MS 39284

Signing Officer

Name
Hickman M Johnson
Title
Pres
Phone
6017143997
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hickman M Johnson
Formed
2015
Legal Domicile
Ms
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Pace & Associates
Address
PO Box 137, Ridgeland, MS 39158
Preparer
Kenneth Pace
Phone
6012065621
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ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0473173101
ReturnHeader/Filer/InCareOfNm0% Hickman M Johnson
ReturnHeader/Filer/PhoneNum06017143997
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8746
ReturnHeader/Filer/USAddress/CityNm0Jackson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039284
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640938120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pace & Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 137
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ridgeland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039158
ReturnHeader/PreparerPersonGrp/PhoneNum06012065621
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH PACE
ReturnHeader/ReturnTs02025-05-14T16:32:58-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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