Skip to content
Nonprofiteer
← GREENWOOD LEFLORE ECONOMIC DEVELOPMENT FOUNDATION INC

Form 990 for tax year 2023

Filed by GREENWOOD LEFLORE ECONOMIC DEVELOPMENT FOUNDATION INC.

Totals

Total revenue
$262,179
Total expenses
$207,263
Contributions and grants received
$110,465
Grants paid
$0
Program service revenue
$70,004
Investment income
$7,042
Other revenue
$74,668
Total assets, end of year
$1,240,733
Total liabilities, end of year
$48,928
Net assets or fund balances, end of year
$1,191,805
Program services expenses (Part IX)
$106,905
Management and general expenses
$100,358
Fundraising expenses
$0
Program service expenses (Part III)
$106,905

Program services were 51.6% 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.

  • 1f · All other contributions, gifts and grants

    $110,465

  • 1g · Noncash contributions included above

    $110,465

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $58,965 · related or exempt $58,965

  • 2b · Program service revenue: OTHER INCOME

    total $11,039 · related or exempt $11,039

  • 3 · Investment income

    total $7,042 · related or exempt $7,042

  • 6a · Gross rents

    real property $167,500

  • 6b · Less rental expenses

    real property $92,832

  • 6c · Rental income or loss

    real property $74,668

  • 6d · Net rental income or loss

    total $74,668 · related or exempt $74,668

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $21,439 · management and general $21,439

  • 12 · Advertising and promotion

    total $13,978 · management and general $13,978

  • 13 · Office expenses

    total $2,060 · management and general $2,060

  • 17 · Travel

    total $18,035 · management and general $18,035

  • 19 · Conferences, conventions and meetings

    total $14,830 · management and general $14,830

  • 20 · Interest

    total $1,433 · management and general $1,433

  • 23 · Insurance

    total $1,735 · management and general $1,735

  • 24a · Other expenses: IN-KIND NON-CASH CONTRI

    total $97,505 · program services $97,505

  • 24b · Other expenses: IN-KIND NON-CASH CONTRI

    total $12,960 · management and general $12,960

  • 24c · Other expenses: SPONSORSHIPS AND OTHER

    total $9,400 · program services $9,400

  • 24d · Other expenses: WEBSITE EXPENSE

    total $8,148 · management and general $8,148

  • 24e · All other expenses

    total $5,740 · management and general $5,740

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $539,655 · end of year $380,943

  • 2 · Savings and temporary cash investments

    end of year $227,267

  • 4 · Accounts receivable

    beginning of year $1,400 · end of year $8,675

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

    $1,596,188

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

    $973,840

  • 10c · Land, buildings and equipment, net

    beginning of year $608,174 · end of year $622,348

  • 15 · Other assets

    end of year $1,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,340 · end of year $6,625

  • 23 · Secured mortgages and notes payable

    end of year $42,303

  • 27 · Net assets without donor restrictions

    beginning of year $1,136,889 · end of year $1,191,805

Mission and programs · 2023

Mission

Withheld by Nonprofiteer: this text may name a private individual.

Activities or mission (Part I)

Withheld by Nonprofiteer: this text may name a private individual.

  • NOT APPLICABLE

    Expenses $106,905 · Revenue $151,714

  • NOT APPLICABLE

  • NOT APPLICABLE

  • NOT APPLICABLE

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Thomas Gregory

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jean Cadney

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • John Stewart

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • GREENWOOD LEFLORE CHAMBER OF COMMERCE

    MS

Provenance

Return type
form_990
Tax year
2023
Filed
12 February 2025
IRS schema version
2023v6.0
Source object
202520459349300117

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.