Skip to content
Nonprofiteer
← DELTA AREA ECONOMIC OPPORTUNITY CORPORATION

Form 990 for tax year 2023

Filed by DELTA AREA ECONOMIC OPPORTUNITY CORPORATION.

Totals

Total revenue
$28,507,663
Total expenses
$28,398,126
Contributions and grants received
$27,601,108
Grants paid
$4,310,546
Program service revenue
$580,835
Investment income
$100,744
Other revenue
$224,976
Total assets, end of year
$27,085,459
Total liabilities, end of year
$8,907,624
Net assets or fund balances, end of year
$18,177,835
Program services expenses (Part IX)
$26,147,349
Management and general expenses
$2,123,734
Fundraising expenses
$127,043
Program service expenses (Part III)
$26,147,349

Program services were 92.1% 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)

    $27,377,886

  • 1f · All other contributions, gifts and grants

    $223,222

  • 1g · Noncash contributions included above

    $20,626

  • 2a · Program service revenue: HOUSING RENT

    total $537,121 · related or exempt $537,121

  • 2b · Program service revenue: HOUSING

    total $43,714 · related or exempt $43,714

  • 3 · Investment income

    total $4,790 · related or exempt $2,682 · excluded $2,108

  • 7a · Gross sales of assets other than inventory

    securities $155,462

  • 7b · Less cost or other basis and sales expenses

    securities $59,508

  • 7c · Gain or loss

    securities $95,954

  • 7d · Net gain or loss

    total $95,954 · related or exempt $95,954

  • 11a · Other revenue: OTHER INCOME

    total $138,005 · related or exempt $138,005

  • 11b · Other revenue: DEVELOPER FEES

    total $86,251 · related or exempt $86,251

  • 11c · Other revenue: MISCELLANEOUS INCOME

    total $720 · excluded $720

  • 11e · Other revenue, total

    $224,976

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $4,310,546 · program services $4,310,546

  • 5 · Compensation of officers, directors and key employees

    total $272,365 · management and general $248,815 · fundraising $23,550

  • 6 · Compensation of disqualified persons

    total $100,856 · management and general $98,933 · fundraising $1,923

  • 7 · Other salaries and wages

    total $10,220,720 · program services $9,452,177 · management and general $726,590 · fundraising $41,953

  • 9 · Other employee benefits

    total $4,422,009 · program services $4,104,360 · management and general $298,890 · fundraising $18,759

  • 11g · Fees: other

    total $678,264 · program services $525,716 · management and general $143,539 · fundraising $9,009

  • 12 · Advertising and promotion

    total $51,650 · program services $52,822 · management and general -$1,172

  • 13 · Office expenses

    total $1,814,444 · program services $1,654,524 · management and general $150,476 · fundraising $9,444

  • 14 · Information technology

    total $44,561 · program services $15,586 · management and general $27,264 · fundraising $1,711

  • 16 · Occupancy

    total $998,300 · program services $971,906 · management and general $24,907 · fundraising $1,487

  • 17 · Travel

    total $452,520 · program services $425,687 · management and general $25,248 · fundraising $1,585

  • 19 · Conferences, conventions and meetings

    total $283,060 · program services $260,279 · management and general $21,436 · fundraising $1,345

  • 20 · Interest

    total $159,095 · program services $61,903 · management and general $97,192

  • 22 · Depreciation, depletion and amortization

    total $1,089,186 · program services $909,325 · management and general $169,240 · fundraising $10,621

  • 24a · Other expenses: PROGRAM COST

    total $2,887,952 · program services $2,885,703 · management and general $2,249

  • 24b · Other expenses: BUILDING MAINTANCE & REPA

    total $491,711 · program services $431,692 · management and general $56,475 · fundraising $3,544

  • 24c · Other expenses: SMALL EQUIPMENT

    total $58,818 · program services $51,956 · management and general $6,457 · fundraising $405

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $35,495 · program services $28,575 · management and general $6,511 · fundraising $409

  • 24e · All other expenses

    total $26,574 · program services $4,592 · management and general $20,684 · fundraising $1,298

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $374,844 · end of year $365,606

  • 2 · Savings and temporary cash investments

    beginning of year $5,653,652 · end of year $4,493,696

  • 3 · Pledges and grants receivable

    beginning of year $2,123,012 · end of year $1,524,604

  • 4 · Accounts receivable

    beginning of year $30,605 · end of year $144,102

  • 8 · Inventories for sale or use

    beginning of year $58,462 · end of year $168,824

  • 9 · Prepaid expenses and deferred charges

    beginning of year $123,140 · end of year $281,587

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

    $28,224,884

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

    $8,662,257

  • 10c · Land, buildings and equipment, net

    beginning of year $18,608,698 · end of year $19,562,627

  • 15 · Other assets

    beginning of year $753,014 · end of year $544,413

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,296,166 · end of year $1,472,052

  • 19 · Deferred revenue

    beginning of year $5,164,424 · end of year $4,220,909

  • 23 · Secured mortgages and notes payable

    beginning of year $2,255,451 · end of year $2,670,219

  • 25 · Other liabilities

    beginning of year $941,088 · end of year $544,444

  • 27 · Net assets without donor restrictions

    beginning of year $15,447,355 · end of year $15,610,063

  • 28 · Net assets with donor restrictions

    beginning of year $2,620,943 · end of year $2,567,772

Mission and programs · 2023

Mission

THE MISSION OF DELTA AREA ECONOMIC OPPORTUNITY CORPORATION, A COMMUNITY ACTION AGENCY, IS TO PROVIDE APPROPRIATE PROGRAMS AND SERVICES THAT EMPOWER PEOPLE TO MAKE POSITIVE CHANGE IN THEIR COMMUNITY, FAMILY AND PERSONAL LIVES IN ORDER TO ACHIEVE AND MAINTAIN SELF-SUFFICIENCY.

  • EARLY CHILDHOOD DEVELOPMENT - PROVIDES EDUCATIONAL, NUTRITIONAL, HEALTH, SOCIAL AND SPECIAL SERVICES TO CHILDREN OF LOW-INCOME FAMILIES. APPROXIMATELY 1,596 CHILDREN SERVED.

    Expenses $17,526,913

  • ENERGY ASSISTANCE PROVIDES UTILITY ASSISTANCE TO LOW-INCOME INDIVIDUALS TO ASSIST THEM WITH ENERGY BILLS, THIS COULD BE GAS, ELECTRIC, PROPANE, ETC. APPROXIMATELY 15,619 CLIENTS SERVED.

    Expenses $4,786,321 · Grants $4,113,673

  • COMMUNITY SERVICES COMMUNITY SERVICES PROGRAMS STRIVE TO REDUCE POVERTY AND EMPOWER LOW-INCOME FAMILIES TO BECOME SELF-SUFFICIENT. APPROXIMATELY 2,496 CLIENTS SERVED.

    Expenses $1,770,719

  • WEATHERIZATION SERVICES PROVIDES SERVICES TO HELP LOW-INCOME PEOPLE IMPROVE RESIDENTIAL ENERGY EFFICIENCY. APPROXIMATELY 56 HOMES WERE WEATHERIZED. EMERGENCY SERVICES PROVIDES EMERGENCY SHELTER FOR UP TO 90 DAYS AND IS EQUIPPED WITH A BED SIZE FOR A MAXIMUM OF 13 OCCUPANTS. APPROXIMATELY 468 PEOPLE SERVED. HOUSING SERVICES PROVIDES RENTAL ASSISTANCE TO HELP LOW-INCOME FAMILIES AFFORD DECENT, SAFE, AND SANITARY RENTAL HOUSING. APPROXIMATELY 11 HOUSEHOLDS SERVED.

    Expenses $2,063,396 · Grants $196,873 · Revenue $580,835

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mike Marshall

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Jim Grebing

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    1

  • Kyle Christian

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kathy Teachout

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • David Blalock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Stinnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chad Bles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anita Green

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Darrell Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Lane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathy Garrard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joanne Gardner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Adam Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joel Evans

    PRESIDENT AN

    Total calculated
    $165,407
    From this org
    $165,407
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,407
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $165,407

  • Clayton Driskill

    FINANCE DIRE

    Total calculated
    $100,856
    From this org
    $100,856
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $100,856
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $100,856

  • Hilary Hamra

    HR DIRECTOR

    Total calculated
    $106,958
    From this org
    $106,958
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DELTA AREA COMMUNITY DEVELOP CORP

    S CORP · HOUSE. DEV · MO · share of income -$66

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
22 August 2024
IRS schema version
2023v5.0
Source object
202402919349300215

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.