Civic Intelligence

Southeast Mississippi Community Investment Corporation

990 • Fiscal year 2019 • EIN 64-0833343

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 23, 2020

Organization ProfileN/A
One Convention Center PlazaHattiesburg, MS 39401

(601) 296-7500

Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

1.29x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

12th percentile

-20%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

35th percentile

-0.1%

Faster asset growth than 35% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-37%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$1,245,059

Down $1,826 (-0.1%) from 2018

Net Assets

Down

$1,232,979

Down $1,908 (-0.2%) from 2018

Liabilities

Up

$12,080

Up $82 (+0.7%) from 2018

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin12th percentile

Revenue

Down

$9,340

Down $5,479 (-37%) from 2018

Expenses

Down

$11,248

Down $6,123 (-35%) from 2018

Net Income

Up

-$1,908

Up $644 (+25%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$1.5M$1.0M$500K$0Assets 2008: $1,315,262Liabilities 2008: $99,681Net Assets 2008: $1,215,5812008Assets 2009: $1,273,581Liabilities 2009: $75,000Net Assets 2009: $1,198,5812009Assets 2010: $1,311,388Liabilities 2010: $101,681Net Assets 2010: $1,209,7072010Assets 2017: $1,248,563Liabilities 2017: $11,124Net Assets 2017: $1,237,4392017Assets 2018: $1,246,885Liabilities 2018: $11,998Net Assets 2018: $1,234,8872018Assets 2019: $1,245,059Liabilities 2019: $12,080Net Assets 2019: $1,232,9792019Assets 2020: $1,245,212Liabilities 2020: $12,720Net Assets 2020: $1,232,4922020Assets 2021: $1,238,743Liabilities 2021: $13,569Net Assets 2021: $1,225,1742021Assets 2022: $1,239,553Liabilities 2022: $14,434Net Assets 2022: $1,225,1192022Assets 2023: $1,251,666Liabilities 2023: $15,407Net Assets 2023: $1,236,2592023Assets 2024: $1,282,795Liabilities 2024: $16,189Net Assets 2024: $1,266,6062024

Highlighted filing

2019

Assets$1,245,059
Liabilities$12,080
Net Assets$1,232,979
Open 2019 Filing

Operations Trend

Revenue Growth8th percentile

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

$60K$40K$20K$0-$20KRevenue 2008: $34,430Expenses 2008: $29,989Net Income 2008: $4,4412008Revenue 2009: $11,367Expenses 2009: $28,364Net Income 2009: -$16,9972009Revenue 2010: $40,365Expenses 2010: $29,239Net Income 2010: $11,1262010Revenue 2017: $10,128Expenses 2017: $11,727Net Income 2017: -$1,5992017Revenue 2018: $14,819Expenses 2018: $17,371Net Income 2018: -$2,5522018Revenue 2019: $9,340Expenses 2019: $11,248Net Income 2019: -$1,9082019Revenue 2020: $9,805Expenses 2020: $10,292Net Income 2020: -$4872020Revenue 2021: $9,813Expenses 2021: $17,131Net Income 2021: -$7,3182021Revenue 2022: $10,500Expenses 2022: $10,555Net Income 2022: -$552022Revenue 2023: $26,584Expenses 2023: $15,444Net Income 2023: $11,1402023Revenue 2024: $44,267Expenses 2024: $13,920Net Income 2024: $30,3472024

Highlighted filing

2019

Revenue$9,340
Expenses$11,248
Net Income-$1,908
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 23, 2020
Return Version
2019v5.1
Gross Receipts
$9,340
Mission and Program Overview

Mission

To provide low interest loans and loan guarantees to small and minority businesses located in southeast mississippi

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,103,933$1,107,903▲ $3,970
Other Notes and Loans Receivable, Net$139,834$134,912▼ $4,922
Cash and Non-Interest-Bearing Accounts$3,118$2,244▼ $874
Total Assets$1,246,885$1,245,059▼ $1,826
Liabilities
Unsecured Notes Loans Payable$11,321$12,000▲ $679
Other Liabilities$667$80▼ $587
Accounts Payable and Accrued Expenses$10--
Total Liabilities$11,998$12,080▲ $82
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,144,461$1,148,054▲ $3,593
Net Assets Without Donor Restrictions$90,426$84,925▼ $5,501
Total Net Assets Fund Balance$1,234,887$1,232,979▼ $1,908
Total Liabilities and Net Assets / Fund Balance$1,246,885$1,245,059▼ $1,826
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
Ryan HintonChair
Adam RobertsImmediate Past Chair
Chad NewellPresident
Carol DanielVice Chair
Greg HodgesBank Representative
John CooperBank Representative
Andrew HattenCommunity Representative
April MannCommunity Representative
Chad CranfordCommunity Representative
Eddie DockeryCommunity Representative
James WilcoxCommunity Representative
Mark GrahamCommunity Representative
Sam SacklerCommunity Representative
Trey SullivanCommunity Representative
Ken LeeSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,492
Investment Income
$848
Other Revenue
$0
Change in Net Assets
$-1,908

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,340
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$30,000
Total Revenue per Audited Statements
$39,340
Total Revenue per Form 990
$9,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,248
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
Fees for Services Accounting-$9,000-$9,000
Insurance-$1,040-$1,040
Interest$679--$679
Fees for Services Legal-$350-$350
Office Expenses-$118-$118
Other Expenses$61--$61
Total Functional Expenses$740$10,508$0$11,248

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$41,248
Expenses Not Reported on Form 990$30,000
Expenses per Audited Statements$11,248
Total Expenses per Form 990$11,248
Expenses Not Reported on Financial Statements$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Adp$80
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization engages area development partnership to perform management duties.”

Form 990, Part VI, Section B, Line 11B

“The organization's board of directors reviews and approves form 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies, and financial statements available upon request”

Filing and Contact Details

Filer

Filer Name
Southeast Mississippi Community
EIN
64-0833343
Phone
6012967500
Address
ONE CONVENTION CENTER PLAZA, HATTIESBURG, MS 39401

Signing Officer

Name
Chad Newell
Title
President
Phone
6012967500
Signed
2020-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Newell
Formed
1993
Legal Domicile
Ms
Voting Board Members
15
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Tmh
Address
P O DRAWER 15099, HATTIESBURG, MS 39404-5099
Preparer
Paige M Johnson CPA
Phone
6012643519
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“Board of directors assumes responsibility of the audit of its financial statements and selection of an independent accountant. Process has not changed from prior year.”

Raw XML Appendix396 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW INTEREST LOANS AND LOAN GUARANTEES TO SMALL AND MINORITY BUSINESSES LOCATED IN SOUTHEAST MISSISSIPPI
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06012967500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0ONE CONVENTION CENTER PLAZA
IRS990/BooksInCareOfDetail/USAddress/CityNm0HATTIESBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039401
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03118
IRS990/CashNonInterestBearingGrp/EOYAmt02244
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0848
IRS990/CYOtherExpensesAmt011248
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt08492
IRS990/CYRevenuesLessExpensesAmt0-1908
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt011248
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09340
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0DURING 2019, SEMCIC PROVIDED MARKETING MATERIALS TO APPROXIMATELY 35 SMALL BUSINESS ENTREPRENEURS. APPROXIMATELY HALF OF THOSE WERE REVIEWED AS POTENTIAL BUSINESS LOAN CLIENTS. SEMCIC SERVICED A TOTAL OF 6 NEW AND EXISTING LOANS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01144461
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01148054
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0740
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09000
IRS990/FeesForServicesAccountingGrp/TotalAmt09000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0350
IRS990/FeesForServicesLegalGrp/TotalAmt0350
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm1ADAM ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm2RYAN HINTON
IRS990/Form990PartVIISectionAGrp/PersonNm3GREG HODGES
IRS990/Form990PartVIISectionAGrp/PersonNm4CHAD NEWELL
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROL DANIEL
IRS990/Form990PartVIISectionAGrp/PersonNm6KEN LEE
IRS990/Form990PartVIISectionAGrp/PersonNm7SAM SACKLER
IRS990/Form990PartVIISectionAGrp/PersonNm8ANDREW HATTEN
IRS990/Form990PartVIISectionAGrp/PersonNm9TREY SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MARK GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm11EDDIE DOCKERY
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMES WILCOX
IRS990/Form990PartVIISectionAGrp/PersonNm13CHAD CRANFORD
IRS990/Form990PartVIISectionAGrp/PersonNm14APRIL MANN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0BANK REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BANK REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7COMMUNITY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt8COMMUNITY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt9COMMUNITY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMMUNITY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt11COMMUNITY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt12COMMUNITY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt13COMMUNITY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt14COMMUNITY REPRESENTATIVE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09340
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01040
IRS990/InsuranceGrp/TotalAmt01040
IRS990/InterestGrp/ProgramServicesAmt0679
IRS990/InterestGrp/TotalAmt0679
IRS990/InvestmentIncomeGrp/ExclusionAmt0848
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0848
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW INTEREST LOANS AND LOAN GUARANTEES TO SMALL AND MINORITY BUSINESSES LOCATED IN SOUTHEAST MISSISSIPPI
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01234887
IRS990/NetAssetsOrFundBalancesEOYAmt01232979
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt090426
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt084925
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0118
IRS990/OfficeExpensesGrp/TotalAmt0118
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt061
IRS990/OtherExpensesGrp/TotalAmt061
IRS990/OtherLiabilitiesGrp/BOYAmt0667
IRS990/OtherLiabilitiesGrp/EOYAmt080
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0139834
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0134912
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHAD NEWELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1MISC PROGRAM SERVICE R
IRS990/ProgramServiceRevenueGrp/Desc2LOAN CLOSING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07659
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1608
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2225
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0796
IRS990/PYOtherExpensesAmt017371
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014023
IRS990/PYRevenuesLessExpensesAmt0-2552
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt017371
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014819
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1908
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08492
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01103933
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01107903
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt030000
IRS990ScheduleD/DonatedServicesUseFcltsAmt030000
IRS990ScheduleD/ExpensesNotReportedAmt030000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ADP
IRS990ScheduleD/RevenueNotReportedAmt030000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09340
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt011248
IRS990ScheduleD/TotalLiabilityAmt080
IRS990ScheduleD/TotalRevenuePerForm990Amt09340
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt039340
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt041248
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ENGAGES AREA DEVELOPMENT PARTNERSHIP TO PERFORM MANAGEMENT DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS ASSUMES RESPONSIBILITY OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01246885
IRS990/TotalAssetsEOYAmt01245059
IRS990/TotalAssetsGrp/BOYAmt01246885
IRS990/TotalAssetsGrp/EOYAmt01245059
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010508
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0740
IRS990/TotalFunctionalExpensesGrp/TotalAmt011248
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011998
IRS990/TotalLiabilitiesEOYAmt012080
IRS990/TotalLiabilitiesGrp/BOYAmt011998
IRS990/TotalLiabilitiesGrp/EOYAmt012080
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01234887
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01232979
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0740
IRS990/TotalProgramServiceRevenueAmt08492
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0848
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08492
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09340
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01246885
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01245059
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt011321
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt012000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE CONVENTION CENTER PLAZA
IRS990/USAddress/CityNm0HATTIESBURG
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039401
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHAD NEWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06012967500
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHEAST MISSISSIPPI COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INVESTMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0640833343
ReturnHeader/Filer/PhoneNum06012967500
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE CONVENTION CENTER PLAZA
ReturnHeader/Filer/USAddress/CityNm0HATTIESBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08EDFB643B0495002D8ACCF12EDDFB55D4EAE2419
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04122E503A867F931AE72AA6491E103B8815F84E0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.145.215.61
ReturnHeader/FilingSecurityInformation/IPDt02020-06-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:09:23
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TMH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O DRAWER 15099
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HATTIESBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0394045099
ReturnHeader/PreparerPersonGrp/PhoneNum06012643519
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAIGE M JOHNSON CPA
ReturnHeader/ReturnTs02020-06-23T10:11:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,245,059
Liabilities
$12,080
Net assets
$1,232,979
Revenue
$9,340
Expenses
$11,248
Net income
-$1,908
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.02$1.27$0.04$0.01$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.02$1.24$0.03$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$0.01$0.01$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$0.01$0.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.23$0.01$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.23$0.01$0.01$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.23$0.01$0.02$0.00
2017Summary only. Only limited summary data is available for this year.$1.25$0.01$1.24$0.01$0.01$0.00
2010Summary only. Only limited summary data is available for this year.$1.31$0.10$1.21$0.04$0.03$0.01
2009Summary only. Only limited summary data is available for this year.$1.27$0.08$1.20$0.01$0.03$0.02
2008Summary only. Only limited summary data is available for this year.$1.32$0.10$1.22$0.03$0.03$0.00