Civic Intelligence

Delta Research Education and Development Foundation

990 • Fiscal year 2023 • EIN 71-0684329

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 25, 2024

Organization Profile
P O Box 2511West Memphis, AR 72303

(870) 732-1723

Siviq Scores

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

Liabilities / Assets

90th percentile

0.68x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

1.19x

Higher debt load relative to revenue than 93% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

64th percentile

$39,000

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

20th percentile

-8.4%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

126%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$698,899

Down $64,451 (-8.4%) from 2022

Net Assets

Down

$221,228

Down $50,382 (-19%) from 2022

Liabilities

Down

$477,671

Down $14,069 (-2.9%) from 2022

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin94th percentile

Revenue

Up

$402,510

Up $224,578 (+126%) from 2022

Expenses

Up

$131,254

Up $6,452 (+5.2%) from 2022

Net Income

Up

$271,256

Up $218,126 (+411%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,644,302Liabilities 2010: $688,350Net Assets 2010: $955,9522010Assets 2011: $1,647,003Liabilities 2011: $655,458Net Assets 2011: $991,5452011Assets 2012: $1,560,701Liabilities 2012: $631,846Net Assets 2012: $928,8552012Assets 2013: $1,412,138Liabilities 2013: $605,741Net Assets 2013: $806,3972013Assets 2014: $1,347,532Liabilities 2014: $580,904Net Assets 2014: $766,6282014Assets 2015: $1,571,423Liabilities 2015: $593,453Net Assets 2015: $977,9702015Assets 2016: $1,498,671Liabilities 2016: $598,871Net Assets 2016: $899,8002016Assets 2017: $1,399,564Liabilities 2017: $577,226Net Assets 2017: $822,3382017Assets 2018: $1,357,780Liabilities 2018: $571,389Net Assets 2018: $786,3912018Assets 2019: $1,206,885Liabilities 2019: $551,342Net Assets 2019: $655,5442019Assets 2020: $1,089,798Liabilities 2020: $526,571Net Assets 2020: $563,2272020Assets 2021: $901,585Liabilities 2021: $516,789Net Assets 2021: $384,7962021Assets 2022: $763,350Liabilities 2022: $491,740Net Assets 2022: $271,6102022Assets 2023: $698,899Liabilities 2023: $477,671Net Assets 2023: $221,2282023Assets 2024: $565,220Liabilities 2024: $32,578Net Assets 2024: $532,6422024

Highlighted filing

2023

Assets$698,899
Liabilities$477,671
Net Assets$221,228
Open 2023 Filing

Operations Trend

Revenue Growth92nd percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $197,106Expenses 2010: $166,053Net Income 2010: $31,0532010Revenue 2011: $205,173Expenses 2011: $169,105Net Income 2011: $36,0682011Revenue 2012: $158,733Expenses 2012: $158,395Net Income 2012: $3382012Revenue 2013: $127,454Expenses 2013: $119,473Net Income 2013: $7,9812013Revenue 2014: $139,707Expenses 2014: $124,158Net Income 2014: $15,5492014Revenue 2015: $131,045Expenses 2015: $139,890Net Income 2015: -$8,8452015Revenue 2016: $150,729Expenses 2016: $135,038Net Income 2016: $15,6912016Revenue 2017: $130,435Expenses 2017: $147,300Net Income 2017: -$16,8652017Revenue 2018: $143,536Expenses 2018: $127,719Net Income 2018: $15,8172018Revenue 2019: $146,937Expenses 2019: $138,166Net Income 2019: $8,7712019Revenue 2020: $172,890Expenses 2020: $134,414Net Income 2020: $38,4762020Revenue 2021: $177,435Expenses 2021: $135,174Net Income 2021: $42,2612021Revenue 2022: $177,932Expenses 2022: $124,802Net Income 2022: $53,1302022Revenue 2023: $402,510Expenses 2023: $131,254Net Income 2023: $271,2562023Revenue 2024: $270,585Expenses 2024: $151,915Net Income 2024: $118,6702024

Highlighted filing

2023

Revenue$402,510
Expenses$131,254
Net Income$271,256
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 25, 2024
Return Version
2023v5.1
Gross Receipts
$402,510
Mission and Program Overview

Mission

DRED's mission is to provide decent and affordable housing for low to moderate income families in Crittenden County.

DREDs mission is to provide affordable housing to low to moderate income residents of Crittenden County

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$698,907$579,968▼ $118,939
Savings and Temporary Cash Investments$40,862$59,980▲ $19,118
Cash and Non-Interest-Bearing Accounts$23,581$36,062▲ $12,481
Investments Program Related-$22,889-
Total Assets$763,350$698,899▼ $64,451
Liabilities
Mortgage Notes Payable Secured by Investment Property$470,000$458,000▼ $12,000
Escrow Account Liability$19,671$19,671→ $0
Other Liabilities$2,069--
Total Liabilities$491,740$477,671▼ $14,069
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$271,610$221,228▼ $50,382
Total Net Assets Fund Balance$271,610$221,228▼ $50,382
Total Liabilities and Net Assets / Fund Balance$763,350$698,899▼ $64,451

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$22,889--
Buildings$141,023$2,759,026-
Land$398,423--
Equipment$40,522--
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleOtherTotal
Vickie RobertsonExecutive Director$39,000$39,000

Board Members and Trustees

NameTitle
Joann FaulknerPresident
Detonya CrockettVice President
Angela Robinsonmember
Joyce Washingtonmember
Randy Smithmember
Tammy Dotsonmember
Tony Marshallmember
Valencia BatesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$117,028
Investment Income
$0
Other Revenue
$285,482
Change in Net Assets
$271,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$99,297
Other Expenses$31,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$49,840--$49,840
Current Officers, Directors, Trustees, and Key Employees$41,423--$41,423
Other Expenses$15,683--$15,683
Payroll Taxes$7,087--$7,087
Insurance$6,184--$6,184
Occupancy$3,568--$3,568
Office Expenses$2,875--$2,875
Travel$2,852--$2,852
Other Employee Benefits$947--$947
All Other Expenses$795--$795
Total Functional Expenses$131,254$0$0$131,254
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
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“A copy of the 990 will be provided to board members at the next meeting”

Part VI Line 19

“This information is available upon request”

Filing and Contact Details

Filer

Filer Name
Delta Research Education and Development Foundation
EIN
71-0684329
In Care Of
% Vickie Robertson
Phone
8707321723
Address
P O Box 2511, West Memphis, AR 72303
Doing Business As
Dred

Signing Officer

Name
Vickie Robertson
Title
Executive Director
Phone
8707321723
Signed
2024-10-25

Organization Details

Principal Officer
Vickie Robertson
Formed
1989
Legal Domicile
Ar
Voting Board Members
0
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Part 6 8B

“Committees do not have authority to act on behalf of the board.”

Part 6 8B

“All actions must be voted on by the board.”

Part 6 11B

“990 will be available for review at the next board meeting”

Part 6 19

“Documents are available upon request”

Raw XML Appendix345 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0DREDs mission is to provide affordable housing to low to moderate income residents of Crittenden County
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0795
IRS990/AllOtherExpensesGrp/TotalAmt0795
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0VICKIE ROBERTSON
IRS990/BooksInCareOfDetail/PhoneNum08707321723
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 2511
IRS990/BooksInCareOfDetail/USAddress/CityNm0West Memphis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072303
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt023581
IRS990/CashNonInterestBearingGrp/EOYAmt036062
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt041423
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt041423
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt031957
IRS990/CYOtherRevenueAmt0285482
IRS990/CYProgramServiceRevenueAmt0117028
IRS990/CYRevenuesLessExpensesAmt0271256
IRS990/CYSalariesCompEmpBnftPaidAmt099297
IRS990/CYTotalExpensesAmt0131254
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0402510
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Affordable housing program
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0DRED
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt019671
IRS990/EscrowAccountLiabilityGrp/EOYAmt019671
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt0208297
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/PersonNm0VICKIE ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JOANN FAULKNER
IRS990/Form990PartVIISectionAGrp/PersonNm2DETONYA CROCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm3VALENCIA BATES
IRS990/Form990PartVIISectionAGrp/PersonNm4TAMMY DOTSON
IRS990/Form990PartVIISectionAGrp/PersonNm5RANDY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6TONY MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm7JOYCE WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm8ANGELA ROBINSON
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/ReportableCompFromRltdOrgAmt039000
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/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4member
IRS990/Form990PartVIISectionAGrp/TitleTxt5member
IRS990/Form990PartVIISectionAGrp/TitleTxt6member
IRS990/Form990PartVIISectionAGrp/TitleTxt7member
IRS990/Form990PartVIISectionAGrp/TitleTxt8member
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0402510
IRS990/GrossRentsGrp/RealAmt0267126
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt06184
IRS990/InsuranceGrp/TotalAmt06184
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/EOYAmt022889
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02759026
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0698907
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0579968
IRS990/LandBldgEquipCostOrOtherBssAmt03338994
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0DRED's mission is to provide decent and affordable housing for low to moderate income families in Crittenden County.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0470000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0458000
IRS990/NetAssetsOrFundBalancesBOYAmt0271610
IRS990/NetAssetsOrFundBalancesEOYAmt0221228
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0267126
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0271610
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0221228
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt03568
IRS990/OccupancyGrp/TotalAmt03568
IRS990/OfficeExpensesGrp/ProgramServicesAmt02875
IRS990/OfficeExpensesGrp/TotalAmt02875
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0947
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0947
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/ProgramServicesAmt015683
IRS990/OtherExpensesGrp/TotalAmt015683
IRS990/OtherLiabilitiesGrp/BOYAmt02069
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03626
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03626
IRS990/OtherRevenueTotalAmt03626
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt049840
IRS990/OtherSalariesAndWagesGrp/TotalAmt049840
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07087
IRS990/PayrollTaxesGrp/TotalAmt07087
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0VICKIE ROBERTSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0124802
IRS990/PYOtherExpensesAmt033112
IRS990/PYOtherRevenueAmt0163072
IRS990/PYProgramServiceRevenueAmt014860
IRS990/PYRevenuesLessExpensesAmt0-71672
IRS990/PYSalariesCompEmpBnftPaidAmt091690
IRS990/PYTotalExpensesAmt0249604
IRS990/PYTotalRevenueAmt0177932
IRS990/ReconcilationRevenueExpnssAmt0271256
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0267126
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0285482
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt014730
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt014730
IRS990/SavingsAndTempCashInvstGrp/BOYAmt040862
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059980
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0All of the housing units that DRED owns were purchased with funds
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1from State and Dederal Grants. This allows DRED to rent units at
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2below market rates. to serve very low to moderate income families
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part 2 17A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part 2 17A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Patt 2 17A
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0285482
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0266863
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0312518
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0263232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0293371
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01421466
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06013
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06013
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/TotalSupportAmt01427479
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0141023
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02759026
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02900049
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt040522
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt040522
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt022889
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Security Deposits
IRS990ScheduleD/LandGrp/BookValueAmt0398423
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0398423
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0579968
IRS990ScheduleD/TotalBookValueProgramRltdAmt022889
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the 990 will be provided to board members at the next meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1This information is available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Committees do not have authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All actions must be voted on by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4990 will be available for review at the next board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Documents are available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part 6 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part 6 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part 6 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part 6 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0763350
IRS990/TotalAssetsEOYAmt0698899
IRS990/TotalAssetsGrp/BOYAmt0763350
IRS990/TotalAssetsGrp/EOYAmt0698899
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0131254
IRS990/TotalFunctionalExpensesGrp/TotalAmt0131254
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0491740
IRS990/TotalLiabilitiesEOYAmt0477671
IRS990/TotalLiabilitiesGrp/BOYAmt0491740
IRS990/TotalLiabilitiesGrp/EOYAmt0477671
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0271610
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0221228
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0117028
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0117028
IRS990/TotalProgramServiceExpensesAmt0208297
IRS990/TotalProgramServiceRevenueAmt0117028
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0135384
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0402510
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0763350
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0698899
IRS990/TotReportableCompRltdOrgAmt039000
IRS990/TravelGrp/ProgramServicesAmt02852
IRS990/TravelGrp/TotalAmt02852
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 2511
IRS990/USAddress/CityNm0West Memphis
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072303
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKIE ROBERTSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08707321723
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Delta Research Education and Development Foundation
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DRED
ReturnHeader/Filer/BusinessNameControlTxt0DELT
ReturnHeader/Filer/EIN0710684329
ReturnHeader/Filer/InCareOfNm0% Vickie Robertson
ReturnHeader/Filer/PhoneNum08707321723
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 2511
ReturnHeader/Filer/USAddress/CityNm0West Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072303
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02024-10-25T14:48:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$698,899
Liabilities
$477,671
Net assets
$221,228
Revenue
$402,510
Expenses
$131,254
Net income
$271,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.03$0.53$0.27$0.15$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.70$0.48$0.22$0.40$0.13$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.49$0.27$0.18$0.12$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.52$0.38$0.18$0.14$0.04
2020Summary only. Only limited summary data is available for this year.$1.09$0.53$0.56$0.17$0.13$0.04
2019Summary only. Only limited summary data is available for this year.$1.21$0.55$0.66$0.15$0.14$0.01
2018Summary only. Only limited summary data is available for this year.$1.36$0.57$0.79$0.14$0.13$0.02
2017Summary only. Only limited summary data is available for this year.$1.40$0.58$0.82$0.13$0.15$0.02
2016Summary only. Only limited summary data is available for this year.$1.50$0.60$0.90$0.15$0.14$0.02
2015Summary only. Only limited summary data is available for this year.$1.57$0.59$0.98$0.13$0.14$0.01
2014Summary only. Only limited summary data is available for this year.$1.35$0.58$0.77$0.14$0.12$0.02
2013Summary only. Only limited summary data is available for this year.$1.41$0.61$0.81$0.13$0.12$0.01
2012Summary only. Only limited summary data is available for this year.$1.56$0.63$0.93$0.16$0.16$0.00
2011Summary only. Only limited summary data is available for this year.$1.65$0.66$0.99$0.21$0.17$0.04
2010Summary only. Only limited summary data is available for this year.$1.64$0.69$0.96$0.20$0.17$0.03