Form 990 for tax year 2022
Filed by SOUTHBRIDGE COMMUNITY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $407,662
- Total expenses
- $79,697
- Contributions and grants received
- $407,264
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $398
- Total assets, end of year
- $399,092
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $399,092
- Program services expenses (Part IX)
- $71,304
- Management and general expenses
- $8,393
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $71,304
Program services were 89.5% 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)
$400,000
-
1f · All other contributions, gifts and grants
$7,264
-
11a · Other revenue: MISCELLANEOUS
total $398 · related or exempt $398
-
11e · Other revenue, total
$398
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $5,000 · management and general $5,000
-
11c · Fees: accounting
total $633 · management and general $633
-
11g · Fees: other
total $71,304 · program services $71,304
-
13 · Office expenses
total $1,538 · management and general $1,538
-
17 · Travel
total $182 · management and general $182
-
19 · Conferences, conventions and meetings
total $517 · management and general $517
-
23 · Insurance
total $445 · management and general $445
-
24a · Other expenses: BUSINESS EXPENSES
total $78 · management and general $78
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $70,127 · end of year $399,092
-
15 · Other assets
beginning of year $1,000
-
27 · Net assets without donor restrictions
beginning of year $71,127 · end of year $49,092
-
28 · Net assets with donor restrictions
end of year $350,000
Mission and programs · 2022
Mission
HOUSING/ECONOMIC DEVOLOPMENTN OF THE SOUTHBRIDGE COMMUNITY IN WILMINGTON DELAWARE
-
Southbridge Community Development Corporation is dedicated to improving the vital conditions to enable all Southbridge residents to thrive without exception.
Expenses $71,304
As filed on the 2022 return.
Listed in Part VII
-
Jocelyn HarperJOCELYN HARPER
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Wesley SchwandtWESLEY SCHWANDT
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Dubard McGriffDUBARD MCGRIFF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Richard DytonRICHARD DYTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Charles FlemingCHARLES FLEMING
PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
Hanifa ShabazzHANIFA SHABAZZ
INTERIM EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 45
-
Sheila HarriganSHEILA HARRIGAN
TREASURER
- Total calculated
- $0
- Hours/week
- 15
-
Raheema Jabbar-BeyRAHEEMA JABBAR-BEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
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
- 2022
- Filed
- 9 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311329349308191
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