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← MACEDONIA COMMUNITY DEVELOPMENTCORPORATION OF SOUTH BREVARD

Form 990 for tax year 2025

Filed by MACEDONIA COMMUNITY DEVELOPMENTCORPORATION OF SOUTH BREVARD.

Totals

Total revenue
$766,800
Total expenses
$812,017
Contributions and grants received
$484,019
Grants paid
$0
Program service revenue
$282,526
Investment income
$255
Other revenue
$0
Total assets, end of year
$3,039,126
Total liabilities, end of year
$1,774,612
Net assets or fund balances, end of year
$1,264,514
Program services expenses (Part IX)
$640,990
Management and general expenses
$171,027
Fundraising expenses
$0
Program service expenses (Part III)
$86,686

Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $430,921

  • 1f · All other contributions, gifts and grants

    $53,098

  • 2a · Program service revenue: Rental Services

    total $273,908 · related or exempt $273,908

  • 2b · Program service revenue: Other program services

    total $8,618 · related or exempt $8,618

  • 3 · Investment income

    total $255 · related or exempt $255

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 22 · Depreciation, depletion and amortization

    total $56,166 · program services $56,166

  • 24a · Other expenses: Rental program expenses

    total $559,110 · program services $559,110

  • 24b · Other expenses: Training expenses

    total $25,714 · program services $25,714

  • 24c · Other expenses: Admin & Operational exps

    total $171,027 · management and general $171,027

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $414,175 · end of year $428,646

  • 4 · Accounts receivable

    beginning of year $11,081 · end of year $1,252

  • 10a · Land, buildings and equipment: cost or other basis

    $3,271,534

  • 10b · Land, buildings and equipment: accumulated depreciation

    $662,306

  • 10c · Land, buildings and equipment, net

    beginning of year $2,050,371 · end of year $2,609,228

  • 17 · Accounts payable and accrued expenses

    beginning of year $70,746 · end of year $60,470

  • 23 · Secured mortgages and notes payable

    beginning of year $1,263,165 · end of year $1,633,704

  • 25 · Other liabilities

    beginning of year $66,045 · end of year $80,438

  • 27 · Net assets without donor restrictions

    beginning of year $1,075,671 · end of year $1,264,514

Mission and programs · 2025

Mission

To provide housing and training to low income individuals and families

Activities or mission (Part I)

Provides affordable housing and training for low income individuals and families

  • Provided housing to qualified individuals pursuant to exempt function

    Expenses $86,686 · Revenue $273,908

As filed on the 2025 return.

Listed in Part VII

  • Christine L Bishop

    Director

    Total calculated
    $0
    Hours/week
    4

  • Nathaniel Harris

    Director

    Total calculated
    $0
    Hours/week
    4

  • Ray S Lea

    VPDirector

    Total calculated
    $0
    Hours/week
    4

  • Jacqueline Moses

    Director

    Total calculated
    $0
    Hours/week
    4

  • Jerry P Phillips

    PresidentDirector

    Total calculated
    $0
    Hours/week
    40

  • Rosa M Tillman

    TreasurerDirector

    Total calculated
    $0
    Hours/week
    10

  • Clem E Ferguson

    Director

    Total calculated
    $0
    Hours/week
    4

  • Willie Reed

    Director

    Total calculated
    $0
    Hours/week
    4

  • Carlos Munroe

    Director

    Total calculated
    $0
    Hours/week
    4

  • Cynthia H Harris

    Director

    Total calculated
    $0
    Hours/week
    4

  • Willie Peterson

    Director

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
15 May 2026
IRS schema version
2025v4.1
Source object
202601359349316255

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