Civic Intelligence

Community Betterment Corporation

EIN 64-0681461 • 501(c)4 • Verona, MS

Profile

Community betterment corporation is organized as a non-profit organization formed to acquire an interest in real property and to construct and operate thereon an apartment complex of 12 units, under section 202 of the national housing act.

PO Box 1090Verona, MS 38879
Siviq Scores

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

Liabilities / Assets

97th percentile

1.32x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.12x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-5.6%

Faster asset growth than 42% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

-4.7%

Faster revenue growth than 45% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$90,949

Down $5,413 (-5.6%) from 2023

Liabilities

Down

$120,225

Down $23,723 (-16%) from 2023

Net Assets

Up

-$29,276

Up $18,310 (+38%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin74th percentile

Revenue

Down

$107,771

Down $5,345 (-4.7%) from 2023

Expenses

Down

$89,450

Down $3,832 (-4.1%) from 2023

Net Income

Down

$18,321

Down $1,513 (-7.6%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$300K$200K$100K$0-$100K-$200KAssets 2011: $188,129Liabilities 2011: $288,890Net Assets 2011: -$100,7612011Assets 2012: $175,536Liabilities 2012: $281,557Net Assets 2012: -$106,0212012Assets 2013: $167,034Liabilities 2013: $269,528Net Assets 2013: -$102,4942013Assets 2014: $154,395Liabilities 2014: $262,826Net Assets 2014: -$108,4312014Assets 2015: $147,500Liabilities 2015: $252,387Net Assets 2015: -$104,8872015Assets 2016: $142,276Liabilities 2016: $243,396Net Assets 2016: -$101,1202016Assets 2017: $127,018Liabilities 2017: $237,415Net Assets 2017: -$110,3972017Assets 2018: $123,384Liabilities 2018: $224,532Net Assets 2018: -$101,1482018Assets 2019: $120,019Liabilities 2019: $212,920Net Assets 2019: -$92,9012019Assets 2020: $120,417Liabilities 2020: $193,196Net Assets 2020: -$72,7792020Assets 2021: $98,278Liabilities 2021: $179,925Net Assets 2021: -$81,6472021Assets 2022: $94,001Liabilities 2022: $161,421Net Assets 2022: -$67,4202022Assets 2023: $96,362Liabilities 2023: $143,948Net Assets 2023: -$47,5862023Assets 2024: $90,949Liabilities 2024: $120,225Net Assets 2024: -$29,2762024

Highlighted filing

2024

Assets$90,949
Liabilities$120,225
Net Assets-$29,276
Open 2024 Filing

Operations Trend

Revenue Growth45th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $83,227Expenses 2011: $72,433Net Income 2011: $10,7942011Revenue 2012: $93,900Expenses 2012: $99,160Net Income 2012: -$5,2602012Revenue 2013: $95,516Expenses 2013: $91,991Net Income 2013: $3,5252013Revenue 2014: $92,410Expenses 2014: $98,347Net Income 2014: -$5,9372014Revenue 2015: $102,824Expenses 2015: $99,280Net Income 2015: $3,5442015Revenue 2016: $103,952Expenses 2016: $103,952Net Income 2016: $02016Revenue 2017: $80,001Expenses 2017: $89,278Net Income 2017: -$9,2772017Revenue 2018: $86,053Expenses 2018: $76,804Net Income 2018: $9,2492018Revenue 2019: $109,465Expenses 2019: $101,218Net Income 2019: $8,2472019Revenue 2020: $116,538Expenses 2020: $96,416Net Income 2020: $20,1222020Revenue 2021: $85,595Expenses 2021: $94,463Net Income 2021: -$8,8682021Revenue 2022: $103,730Expenses 2022: $89,503Net Income 2022: $14,2272022Revenue 2023: $113,116Expenses 2023: $93,282Net Income 2023: $19,8342023Revenue 2024: $107,771Expenses 2024: $89,450Net Income 2024: $18,3212024

Highlighted filing

2024

Revenue$107,771
Expenses$89,450
Net Income$18,321
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$90,949
Liabilities
$120,225
Net assets
-$29,276
Revenue
$107,771
Expenses
$89,450
Net income
$18,321
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.91$1.20$0.29$1.08$0.89$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.96$1.44$0.48$1.13$0.93$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.94$1.61$0.67$1.04$0.90$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.98$1.80$0.82$0.86$0.94$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.20$1.93$0.73$1.17$0.96$0.20
2019Detailed filing. Detailed filing data is available for this year.$1.20$2.13$0.93$1.09$1.01$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.23$2.25$1.01$0.86$0.77$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.27$2.37$1.10$0.80$0.89$0.09
2016Summary only. Only limited summary data is available for this year.$1.42$2.43$1.01$1.04$1.04$0.00
2015Summary only. Only limited summary data is available for this year.$1.48$2.52$1.05$1.03$0.99$0.04
2014Summary only. Only limited summary data is available for this year.$1.54$2.63$1.08$0.92$0.98$0.06
2013Summary only. Only limited summary data is available for this year.$1.67$2.70$1.02$0.96$0.92$0.04
2012Summary only. Only limited summary data is available for this year.$1.76$2.82$1.06$0.94$0.99$0.05
2011Summary only. Only limited summary data is available for this year.$1.88$2.89$1.01$0.83$0.72$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 14, 2025
Return Version
2024v5.0
Gross Receipts
$107,771
Mission and Program Overview

Mission

Community betterment corporation is organized as a non-profit organization formed to acquire an interest in real property and to construct and operate thereon an apartment complex of 12 units, under section 202 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$53,114$49,741▼ $3,373
Savings and Temporary Cash Investments$39,077$38,656▼ $421
Cap Stk Tr Prin Current Funds$5,815$5,815→ $0
Accounts Receivable$2,841$2,360▼ $481
Prepaid Expenses and Deferred Charges$996$192▼ $804
Rtn Earn Endowment Incm Other Fnds$-53,401$-35,091▲ $18,310
Total Assets$96,362$90,949▼ $5,413
Other Assets Total$334--
Liabilities
Other Liabilities$117,500$96,755▼ $20,745
Accounts Payable and Accrued Expenses$26,448$23,470▼ $2,978
Total Liabilities$143,948$120,225▼ $23,723
Net Assets / Fund Balance
Total Net Assets Fund Balance$-47,586$-29,276▲ $18,310
Total Liabilities and Net Assets / Fund Balance$96,362$90,949▼ $5,413

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$31,785$314,417$346,202
Land$17,956-$17,956
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Stephen P PannellPresident
David PannellDirector
Kim PannellSec/treas
Helen MooreVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$84,106
Investment Income
$6
Other Revenue
$23,659
Change in Net Assets
$18,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$72,696
Salaries, Compensation, and Employee Benefits$16,754
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,436--$15,436
Insurance$14,016--$14,016
Interest$9,579--$9,579
Depreciation Depletion$8,937--$8,937
Office Expenses$7,825--$7,825
Fees for Services Management$5,058--$5,058
Fees for Services Accounting$2,935--$2,935
Other Expenses$2,579--$2,579
Payroll Taxes$1,318--$1,318
Advertising$758--$758
All Other Expenses$475--$475
Total Functional Expenses$89,450$0$0$89,450
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
Note Payments$96,755
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
Community Betterment Corporation
EIN
64-0681461
Phone
6625668992
Address
PO BOX 1090, VERONA, MS 38879

Signing Officer

Name
Stephen P Pannell
Title
President
Phone
6625668992
Signed
2025-03-14

Organization Details

Principal Officer
Stephen P Pannell
Formed
1981
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
0
Employees
3

Preparer

Firm
Mike Dozier CPA
Address
1105 S ADAMS, FULTON, MS 38843
Preparer
Mike Dozier CPA
Phone
6628627955
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Community betterment corporation is organized as a non-profit organization formed to acquire an interest in real property and to construct and operate thereon an apartment complex of 12 units, under section 202 of the national housing act.”

Form 990, Page 2, Part III, Line 4D

“Community betterment corporation is organized as a non-profit organizationcommunity betterment corporation is organized as a non-profit organization”

Raw XML Appendix304 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
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IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/Desc0ABC
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IRS990/EmployeeCnt03
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IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0HELEN MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID PANNELL
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IRS990/Form990PartVIISectionAGrp/PersonNm3STEPHEN P PANNELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990/FormerOfcrEmployeesListedInd0false
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0107771
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014016
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
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IRS990/LandBldgEquipAccumDeprecAmt0314417
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IRS990/LandBldgEquipCostOrOtherBssAmt0364158
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt0-47586
IRS990/NetAssetsOrFundBalancesEOYAmt0-29276
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0334
IRS990/OtherExpensesGrp/Desc0REPAIRS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2GARBAGE
IRS990/OtherExpensesGrp/Desc3EXTERMINATING SUPPLIES
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IRS990/PoliticalCampaignActyInd0false
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt096755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYMENTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY BETTERMENT CORPORATION IS ORGANIZED AS A NON-PROFIT ORGANIZATION FORMED TO ACQUIRE AN INTEREST IN REAL PROPERTY AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 12 UNITS, UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNITY BETTERMENT CORPORATION IS ORGANIZED AS A NON-PROFIT ORGANIZATIONCOMMUNITY BETTERMENT CORPORATION IS ORGANIZED AS A NON-PROFIT ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt096362
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IRS990/TotalAssetsGrp/EOYAmt090949
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt089450
IRS990/TotalFunctionalExpensesGrp/TotalAmt089450
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0143948
IRS990/TotalLiabilitiesEOYAmt0120225
IRS990/TotalLiabilitiesGrp/BOYAmt0143948
IRS990/TotalLiabilitiesGrp/EOYAmt0120225
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-47586
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-29276
IRS990/TotalOtherProgSrvcExpenseAmt089450
IRS990/TotalProgramServiceExpensesAmt089450
IRS990/TotalProgramServiceRevenueAmt084106
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0107771
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0107771
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt096362
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt090949
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0P O BOX 1090-
IRS990/USAddress/CityNm0VERONA
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038879
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN P PANNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06625668992
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMUNITY BETTERMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0640681461
ReturnHeader/Filer/PhoneNum06625668992
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1090
ReturnHeader/Filer/USAddress/CityNm0VERONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038879
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640780171
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIKE DOZIER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01105 S ADAMS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FULTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038843
ReturnHeader/PreparerPersonGrp/PhoneNum06628627955
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE DOZIER CPA
ReturnHeader/ReturnTs02025-05-28T16:17:29-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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