Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
990 • Fiscal year 2025 • EIN 58-1395933
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
74th percentile
Higher net margin than 74% of similar nonprofits.
Top Officer Pay
57th percentile
Higher top officer pay than 57% of similar nonprofits.
Top officer pay equals 9.4% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Assets
Up$24,790,811
Up $1,072,099 (+4.5%) from 2023
Net Assets
Up$23,572,563
Up $782,976 (+3.4%) from 2023
Liabilities
Up$1,218,248
Up $289,123 (+31%) from 2023
Revenue
Up$1,430,049
Up $393,143 (+38%) from 2023
Expenses
Up$936,707
Up $219,065 (+31%) from 2023
Net Income
Up$493,342
Up $174,078 (+55%) from 2023
Create or retain permanent jobs and increase productivity in the coastal georgia area through economic development loan programs.
Economic development lending.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $23,079,221 | $23,572,563 | ▲ $493,342 |
| Accounts Receivable | $13,554,777 | $13,080,627 | ▼ $474,150 |
| Cash and Non-Interest-Bearing Accounts | $10,206,080 | $11,051,932 | ▲ $845,852 |
| Land, Buildings, and Equipment, Net | $94,757 | $65,462 | ▼ $29,295 |
| Total Assets | $24,091,014 | $24,790,811 | ▲ $699,797 |
| Other Assets Total | $235,400 | $592,790 | ▲ $357,390 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $816,771 | $1,086,554 | ▲ $269,783 |
| Other Liabilities | $153,502 | $77,591 | ▼ $75,911 |
| Accounts Payable and Accrued Expenses | $41,520 | $54,103 | ▲ $12,583 |
| Total Liabilities | $1,011,793 | $1,218,248 | ▲ $206,455 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $23,079,221 | $23,572,563 | ▲ $493,342 |
| Total Liabilities and Net Assets / Fund Balance | $24,091,014 | $24,790,811 | ▲ $699,797 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $33,468 | $187,708 | $221,176 |
| Equipment | $31,994 | $40,538 | $72,532 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Terrence Louk | CEO | FT | $126,900 | $8,100 | $135,000 |
| Name | Title |
|---|---|
| James Rogers | Chairman |
| Chris Harper | Vice Chairma |
| Alex Brown | Board Member |
| Cedric King | Board Member |
| Craig Root | Board Member |
| Daniel Norman | Board Member |
| James Coughlin | Board Member |
| James Drake Jr | Board Member |
| Keith Crusan | Board Member |
| Kimball Warnock | Board Member |
| Patrick Woock | Board Member |
| Paul Deepika | Board Member |
| Joe Ford | Secretary |
| Cherise Cartwright | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $564,185 |
| Other Expenses | $372,522 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $191,660 | $106,338 | - | $297,998 |
| Current Officers, Directors, Trustees, and Key Employees | $86,826 | $48,174 | - | $135,000 |
| Other Employee Benefits | $54,417 | $42,962 | - | $97,379 |
| Depreciation Depletion | $525 | $60,477 | - | $61,002 |
| Fees for Services Accounting | - | $59,238 | - | $59,238 |
| Advertising | $50 | $42,344 | - | $42,394 |
| Conferences and Meetings | $8,203 | $31,606 | - | $39,809 |
| Fees for Services Other | $17,612 | $16,529 | - | $34,141 |
| Payroll Taxes | $21,743 | $12,065 | - | $33,808 |
| Insurance | - | $20,499 | - | $20,499 |
| Travel | $4,063 | $16,197 | - | $20,260 |
| Occupancy | - | $15,846 | - | $15,846 |
| Interest | $8,381 | $6,630 | - | $15,011 |
| Office Expenses | - | $3,275 | - | $3,275 |
| Other Expenses | $1,785 | $1,368 | - | $3,153 |
| All Other Expenses | $982 | $1,208 | - | $2,190 |
| Fees for Services Legal | $845 | $450 | - | $1,295 |
| Total Functional Expenses | $418,131 | $518,576 | $0 | $936,707 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,430,590 |
| Expenses per Audited Statements | $938,739 |
| Total Expenses per Form 990 | $936,707 |
| Expenses Not Reported on Form 990 | $491,851 |
| Expenses Not Reported on Financial Statements | $-2,032 |
| Other Expense Adjustments | $-2,032 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Line of Credit | $40,087 |
| Lease Obligations | $37,504 |
“Directors present at the board meeting where the form 990 draft was presented constituted a quorum and reviewed and accepted the 990 as presented.”
“Members of the board of directors are required to review and sign a conflict of interest statement annually.”
“Salaries and raises are discussed and proposed at a meeting of the executive committee. Total salaries and increases are then disclosed in fiscal year budget presented to and approved by the entire board of directors.”
“Salaries and raises are discussed and proposed at a meeting of the executive committee. Total salaries and increases are then disclosed in fiscal year budget presented to and approved by the entire board of directors.”
“These documents are not available to the public.”
“Indirect cost recovery 491,851 loss on disposal 2,032 current allocated expenses -491,851 loss on disposal -2,032”
“Indirect cost recovery 491,851”
“LOSS ON DISPOSAL -2,032”
“Current allocated expenses 491,851”
“LOSS ON DISPOSAL -2,032”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 41520 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 54103 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 13554777 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 13080627 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | ECONOMIC DEVELOPMENT LENDING. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 42344 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 50 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 42394 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1208 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 982 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2190 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | TERRENCE LOUK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9122612500 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 501 GLOUCESTER STREET |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | SUITE 201 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BRUNSWICK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 31520 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 10206080 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 11051932 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 48174 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 86826 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 135000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 31606 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 8203 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 39809 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 342008 |
| IRS990/CYOtherExpensesAmt | 0 | 372522 |
| IRS990/CYOtherRevenueAmt | 0 | 404711 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 683330 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 493342 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 564185 |
| IRS990/CYTotalExpensesAmt | 0 | 936707 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1430049 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 60477 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 525 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 61002 |
| IRS990/Desc | 0 | CADDA PROVIDES LOAN FUNDING THROUGH REVOLVING LOAN FUNDS TO COMPANIES WITHIN THE COASTAL GEORGIA AREA THAT WILL RESULT IN A POSITIVE ECONOMIC IMPACT AND THE CREATION OF JOBS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 329869 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 59238 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 59238 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 450 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 845 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1295 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 16529 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 17612 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 34141 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 8100 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TERRENCE LOUK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ALEX BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHERISE CARTWRIGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JAMES COUGHLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KEITH CRUSAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | PAUL DEEPIKA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOE FORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHRIS HARPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAMES DRAKE JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | CEDRIC KING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DANIEL NORMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JAMES ROGERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | CRAIG ROOT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | KIMBALL WARNOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | PATRICK WOOCK |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 126900 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1976 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -2032 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1432081 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 20499 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 20499 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 6630 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 8381 |
| IRS990/InterestGrp/TotalAmt | 0 | 15011 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 344040 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 344040 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 228246 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 94757 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 65462 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 293708 |
| IRS990/LegalDomicileStateCd | 0 | GA |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 2032 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | CREATE OR RETAIN PERMANENT JOBS AND INCREASE PRODUCTIVITY IN THE COASTAL GEORGIA AREA THROUGH ECONOMIC DEVELOPMENT LOAN PROGRAMS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 816771 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1086554 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 23079221 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 23572563 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -2032 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -2032 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 15846 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 15846 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3275 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3275 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 235400 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 592790 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 42962 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 54417 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 97379 |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 1 | BAD DEBTS EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 27519 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5851 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1368 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 14889 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 6150 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1785 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 42408 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 6150 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5851 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3153 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 153502 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 77591 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LOAN SERVICE REVENUE |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 288032 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 116679 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 288032 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 116679 |
| IRS990/OtherRevenueTotalAmt | 0 | 404711 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 106338 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 191660 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 297998 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 12065 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 21743 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 33808 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | TERRENCE LOUK |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | DEVELOPMENT LOAN INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 683330 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 683330 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CADDA PROVIDES FUNDING THROUGH THE INTERMEDIARY RELENDING PROGRAM FOR NEW BUSINESSES AT REASONABLE INTEREST RATES DESIGNATED TO PROVIDE ASSISTANCE FOR BUSINESSES IN RURAL AREAS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 14952 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 75380 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | NONPUBLIC FUNDS ARE UNRESTRICTED FUNDS GENERATED PRIMARILY THROUGH CHARGES FOR LOAN SERVICES PROVIDED BY CADDA. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 73310 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 352301 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 285087 |
| IRS990/PYOtherExpensesAmt | 0 | 331307 |
| IRS990/PYOtherRevenueAmt | 0 | 256925 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 633131 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 289634 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 554202 |
| IRS990/PYTotalExpensesAmt | 0 | 885509 |
| IRS990/PYTotalRevenueAmt | 0 | 1175143 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 493342 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 976948 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 23079221 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 23572563 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 31994 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 40538 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 72532 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 491851 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | -2032 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 938739 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 491851 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | -2032 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 33468 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 187708 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 221176 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 40087 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 37504 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LINE OF CREDIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LEASE OBLIGATIONS |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 491851 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | -2032 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 491851 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | -2032 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1432081 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | INDIRECT COST RECOVERY 491,851 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | LOSS ON DISPOSAL -2,032 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | CURRENT ALLOCATED EXPENSES 491,851 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | LOSS ON DISPOSAL -2,032 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 4B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 65462 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 936707 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 77591 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1430049 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1923932 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1430590 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DIRECTORS PRESENT AT THE BOARD MEETING WHERE THE FORM 990 DRAFT WAS PRESENTED CONSTITUTED A QUORUM AND REVIEWED AND ACCEPTED THE 990 AS PRESENTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SALARIES AND RAISES ARE DISCUSSED AND PROPOSED AT A MEETING OF THE EXECUTIVE COMMITTEE. TOTAL SALARIES AND INCREASES ARE THEN DISCLOSED IN FISCAL YEAR BUDGET PRESENTED TO AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SALARIES AND RAISES ARE DISCUSSED AND PROPOSED AT A MEETING OF THE EXECUTIVE COMMITTEE. TOTAL SALARIES AND INCREASES ARE THEN DISCLOSED IN FISCAL YEAR BUDGET PRESENTED TO AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | INDIRECT COST RECOVERY 491,851 LOSS ON DISPOSAL 2,032 CURRENT ALLOCATED EXPENSES -491,851 LOSS ON DISPOSAL -2,032 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 24091014 |
| IRS990/TotalAssetsEOYAmt | 0 | 24790811 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 24091014 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 24790811 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 7 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 518576 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 418131 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 936707 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1011793 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1218248 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1011793 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1218248 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 23079221 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 23572563 |
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Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
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