Skip to content
Nonprofiteer
← DELTA HOUSING DEVELOPMENT CORPORATION DHDC

Form 990 for tax year 2023

Filed by DELTA HOUSING DEVELOPMENT CORPORATION DHDC.

Totals

Total revenue
$1,850,247
Total expenses
$2,173,165
Contributions and grants received
$1,055,268
Grants paid
$21,590
Program service revenue
$788,765
Investment income
$2,793
Other revenue
$3,421
Total assets, end of year
$7,371,774
Total liabilities, end of year
$5,592,342
Net assets or fund balances, end of year
$1,779,432
Program services expenses (Part IX)
$1,855,628
Management and general expenses
$317,537
Fundraising expenses
$0
Program service expenses (Part III)
$1,855,628

Program services were 85.4% 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)

    $1,055,268

  • 2a · Program service revenue: Tenant Rent

    total $618,612 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Mgmt Fees Earned

    total $168,781 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Laundry Income

    total $834 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Recovery of Bad Debt

    total $538 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $2,793 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Other

    total $3,421 · related or exempt $3,421 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $3,421

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $21,590 · program services $21,590

  • 7 · Other salaries and wages

    total $459,968 · program services $296,160 · management and general $163,808 · fundraising $0

  • 9 · Other employee benefits

    total $51,350 · program services $30,538 · management and general $20,812 · fundraising $0

  • 10 · Payroll taxes

    total $53,121 · program services $25,468 · management and general $27,653 · fundraising $0

  • 11a · Fees: management

    total $203,879 · program services $203,879 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $2,708 · program services $0 · management and general $2,708 · fundraising $0

  • 11c · Fees: accounting

    total $32,006 · program services $32,006 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $34,981 · program services $34,981 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $300 · program services $300 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $63,623 · program services $39,337 · management and general $24,286 · fundraising $0

  • 14 · Information technology

    total $130 · program services $130 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $720,156 · program services $665,878 · management and general $54,278 · fundraising $0

  • 17 · Travel

    total $36,467 · program services $29,574 · management and general $6,893 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $7,853 · program services $7,743 · management and general $110 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $394,749 · program services $384,014 · management and general $10,735 · fundraising $0

  • 24a · Other expenses: Misc. expenses

    total $90,284 · program services $84,030 · management and general $6,254 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $844,429 · end of year $716,880

  • 2 · Savings and temporary cash investments

    beginning of year $574,308 · end of year $570,172

  • 3 · Pledges and grants receivable

    beginning of year $21,955 · end of year $16,698

  • 4 · Accounts receivable

    beginning of year $176,345 · end of year $168,329

  • 8 · Inventories for sale or use

    beginning of year -$50 · end of year -$50

  • 9 · Prepaid expenses and deferred charges

    beginning of year $68,484 · end of year $58,299

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

    $11,860,784

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

    $6,696,709

  • 10c · Land, buildings and equipment, net

    beginning of year $5,564,290 · end of year $5,164,075

  • 15 · Other assets

    beginning of year $677,168 · end of year $677,371

  • 17 · Accounts payable and accrued expenses

    beginning of year $128,584 · end of year $192,972

  • 23 · Secured mortgages and notes payable

    beginning of year $4,906,490 · end of year $4,731,115

  • 25 · Other liabilities

    beginning of year $794,247 · end of year $668,255

  • 27 · Net assets without donor restrictions

    beginning of year $2,097,608 · end of year $1,779,432

Mission and programs · 2023

Mission

Housing Development

  • Management and Development of rental housng for low- income and elderly through mortgages financed by FMHA.

    Expenses $1,653,120 · Revenue $1,366,220

  • Housing assistance to permanent and temporary Migrant and Seasonal Farmworkers.

    Expenses $202,508 · Grants $21,590

As filed on the 2023 return.

Listed in Part VII

  • Hermon Johnson Sr

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Elmo Hickingbottom

    President

    Total calculated
    $0
    Hours/week
    2

  • Rev Darryl Johnson

    Vice-President

    Total calculated
    $0
    Hours/week
    2

  • Annette Turner

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Louis Campbell

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Willie McDaniel

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Frank S Brown

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Johnny Todd

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Vassie Pegues

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Lizzie Johnson

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • David Jackson

    Exective Director

    Total calculated
    $0
    Hours/week
    40

  • Lucille Dean

    Asst. Fiscal Officer

    Total calculated
    $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.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Estes Street Apartments L P

    Low Income Housing Rental · MS · 0% owned

    Directly controlled by Delta Housing Dev Corp

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349315858

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.