NINTH DISTRICT DEVELOPMENT FINANCIN INC

Address
PO BOX 983
ABINGDON, VA 24212
Contact
Phone: +1 (276) 628-9188
Nonprofit
NTEE: S30 - Economic Development
EIN: 54-1681272

Mission

MAINTAIN REVOLVING LOAND FUND
 20172016201520142013
Basic features of the organization
Subsection code03
Form of organization
CorporationTrue
Metropolitan statistical area3660
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel    $0.00
Number of employees000 0
Number of people compensated >$100k    0
Personnel
Atwell, Jennifer
TitleMEMBER    
Name of key/compensated personJENNIFER ATWELL    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Bandy-Douglas, Margie
Title    Secretary
Name of key/compensated person    MARGIE BANDY-DOUGLAS
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Barker, Keith
TitleMEMBERMEMBER   
Name of key/compensated personKEITH BARKERKEITH BARKER   
Position of compensated person
Current individual trustee or directorTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Bonham, Whitney
TitleMEMBERMEMBER   
Name of key/compensated personWHITNEY BONHAMWHITNEY BONHAM   
Position of compensated person
Current individual trustee or directorTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Carus, Carol
TitleMEMBERMEMBERMEMBER  
Name of key/compensated personCAROL CARUSCAROL CARUSCAROL CARUS  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Clark, Stephanie
TitleMEMBERMEMBERMEMBER  
Name of key/compensated personSTEPHANIE CLARKSTEPHANIE CLARKSTEPHANIE CLARK  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Compton, Jack
Title    Trustee
Name of key/compensated person    JACK COMPTON
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Cox, Dallas
TitleMEMBERMEMBERMEMBER Trustee
Name of key/compensated personCOLONEL DALLAS COXCOLONEL DALLAS COXCOLONEL DALLAS COX COLONEL DALLAS COX
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Cox, Pam
TitleMEMBERMEMBERMEMBER  
Name of key/compensated personPAM COXPAM COXPAM COX  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Crawford, William
TitleMEMBER    
Name of key/compensated personWILLIAM CRAWFORD    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Davis, Derrick
Title    Trustee
Name of key/compensated person    DERRICK DAVIS
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Deel, Lori
TitleMEMBERMEMBER   
Name of key/compensated personLORI DEELLORI DEEL   
Position of compensated person
Current individual trustee or directorTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Flora, Richard
TitleMEMBERMEMBERMEMBER Trustee
Name of key/compensated personRICHARD C FLORARICHARD C FLORARICHARD C FLORA RICHARD C FLORA
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Fuller, Harold
TitleMEMBERMEMBERMEMBER  
Name of key/compensated personHAROLD H FULLERHAROLD H FULLERHAROLD H FULLER  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Gibson, Robert
Title    Trustee
Name of key/compensated person    ROBERT GIBSON
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Gnegy, Cora
TitleMEMBER    
Name of key/compensated personCORA GNEGY    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Hartsock, J
TitleCHAIRMANCHAIRMANCHAIRMAN Chairman
Name of key/compensated personJ W HARTSOCKJ W HARTSOCKJ W HARTSOCK J W HARTSOCK
Position of compensated person
Current individual trustee or directorTrueTrueTrue True
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Holeton, Elaine
Title MEMBERMEMBER Trustee
Name of key/compensated person ELAINE R HOLETONELAINE R HOLETON ELAINE R HOLETON
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00 $0.00
Jarrett, Barry
TitleMEMBERMEMBERMEMBER Trustee
Name of key/compensated personBARRY JARRETTBARRY JARRETTBARRY JARRETT BARRY JARRETT
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Jones-Atwell, Jennifer
Title    Trustee
Name of key/compensated person    JENNIFER JONES-ATWELL
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Lanford, Jonathan
TitleMEMBERMEMBER   
Name of key/compensated personJONATHAN LANFORDJONATHAN LANFORD   
Position of compensated person
Current individual trustee or directorTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Marshall, Cherith
Title  MEMBER  
Name of key/compensated person  CHERITH MARSHALL  
Position of compensated person
Current individual trustee or director  True  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
McClendon, Sam
Title    Trustee
Name of key/compensated person    SAM MCCLENDON
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Minor, Joan
Title    Trustee
Name of key/compensated person    JOAN MINOR
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Moore, Leon
TitleVICE CHAIRMAVICE CHAIRMAVICE CHAIRMA Trustee
Name of key/compensated personLEON MOORELEON MOORELEON MOORE LEON MOORE
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Morgan, Sally
Title    Trustee
Name of key/compensated person    SALLY MORGAN
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Mullins, Carl
TitleMEMBERMEMBERMEMBER Trustee
Name of key/compensated personCARL MULLINSCARL MULLINSCARL MULLINS CARL MULLINS
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Nuckolls, Janet
Title  MEMBER  
Name of key/compensated person  JANET NUCKOLLS  
Position of compensated person
Current individual trustee or director  True  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Parker, Christianne
Title    VICE CHAIR
Name of key/compensated person    CHRISTIANNE E PARKER
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Payne, Joyce
Title    Trustee
Name of key/compensated person    JOYCE PAYNE
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Puckett, Jennifer
Title    Trustee
Name of key/compensated person    JENNIFER PUCKETT
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Robbins, Robby
TitleMEMBERMEMBERMEMBER Trustee
Name of key/compensated personROBBY ROBBINSROBBY ROBBINSROBBY ROBBINS ROBBY ROBBINS
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Schultz, Wendi
TitleSECRETARYSECRETARYSECRETARY Trustee
Name of key/compensated personWENDI SCHULTZWENDI SCHULTZWENDI SCHULTZ WENDI SCHULTZ
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Seals, Ashley
TitleMEMBERMEMBERMEMBER  
Name of key/compensated personASHLEY SEALSASHLEY SEALSASHLEY SEALS  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Shank, Nikki
Title    Trustee
Name of key/compensated person    NIKKI SHANK
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Spencer, J
Title    Trustee
Name of key/compensated person    J HOWARD SPENCER
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Strutner, John
Title  MEMBER Trustee
Name of key/compensated person  JOHN R STRUTNER JOHN R STRUTNER
Position of compensated person
Current individual trustee or director  True  
Reportable compensation from org  $0.00 $0.00
Other comp, non-reportable, from org and related orgs  $0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00 $0.00
Surratt, Rita
TitleTREASURERTREASURERTREASURER Treasurer
Name of key/compensated personRITA SURRATTRITA SURRATTRITA SURRATT RITA SURRATT
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Thomason, Ron
Title  MEMBER Trustee
Name of key/compensated person  RON THOMASON RON THOMASON
Position of compensated person
Current individual trustee or director  True  
Reportable compensation from org  $0.00 $0.00
Other comp, non-reportable, from org and related orgs  $0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00 $0.00
Thompson, Mike
TitleMEMBERMEMBERMEMBER  
Name of key/compensated personMIKE THOMPSONMIKE THOMPSONMIKE THOMPSON  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Workman, Eric
TitleMEMBERMEMBERMEMBER Trustee
Name of key/compensated personERIC R WORKMAN SRERIC R WORKMAN SRERIC R WORKMAN SR ERIC R WORKMAN SR
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesMAINTAIN REVOLVING LOAND FUNDMAINTAIN REVOLVING LOAND FUNDMAINTAIN REVOLVING LOAND FUND MAINTAIN REVOLVING LOAN FUND
Program service expenses, total$33,262.00$43,215.00$32,602.00 $29,919.00
Programs, including revenue & expenses
MAINTAIN REVOLVING LOAN FUND
Program expenses$33,262.00$43,215.00$32,602.00  
Program descriptionMAINTAIN REVOLVING LOAN FUNDMAINTAIN REVOLVING LOAN FUNDMAINTAIN REVOLVING LOAN FUND  
THE CORPORATION HAS CREATED A REVOLVING LOAN FUND FROM FEDERAL GRANT MONEY TO MAKE LOANS TO PROVIDE WORKING CAPITAL AND FIXED ASSETS PURCHASES FOR TOURISM PROJECTS IN SOUTHWEST VIRGINIA.
Program expenses    $29,919.00
Program description    THE CORPORATION HAS CREATED A REVOLVING LOAN FUND FROM FEDERAL GRANT MONEY TO MAKE LOANS TO PROVIDE WORKING CAPITAL AND FIXED ASSETS PURCHASES FOR TOURISM PROJECTS IN SOUTHWEST VIRGINIA.
Financial data
Revenue
Total revenue$58,067.00$41,317.00$40,708.00 $32,259.00
Revenue from contributions (total)    $0.00
Investment income, current yr$57,060.00$40,585.00$32,588.00 $27,592.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00 $0.00
Total unrelated business revenue    $0.00
Other revenue, current yr$1,007.00$732.00$8,120.00 $4,667.00
Program service revenue (total)    $0.00
Other types of revenue
Royalties (total)    $0.00
Miscellaneous revenue (total)$1,007.00$732.00$8,120.00 $4,667.00
Net revenue from gaming (total)    $0.00
Investment income$57,060.00$40,585.00$32,588.00 $27,592.00
Net rental income    $0.00
Net income from fundraising events    $0.00
Net inventory sales (total)    $0.00
Expense categories (totals)
Total functional expenses: sum of all$33,262.00$43,215.00$32,602.00 $29,919.00
Total functional expenses: program service $33,262.00$43,215.00$32,602.00 $29,919.00
Total functional expenses: management and general$0.00$0.00$0.00 $0.00
Total functional expenses: fundraising$0.00$0.00$0.00 $0.00
Fees for services
Lobbying fees (total)    $0.00
Legal fees (total)    $0.00
Fundraising service fees (total)$0.00$0.00$0.00 $0.00
General management fees (total)    $300.00
Investment management fees (total)    $0.00
Assets and liabilities
Total assets$1,967,613.00$1,962,024.00$1,945,856.00 $1,937,522.00
Total assets, beginning of year$1,962,024.00$1,945,856.00$1,936,517.00 $1,936,022.00
Total liabilities$1,953.00$21,169.00$3,103.00 $2,893.00
Total liabilities, beginning of year$21,169.00$3,103.00$1,870.00 $3,733.00
Pledges & accounts receivable, net    $0.00
Loans & receivables from key persons    $0.00
Unrestricted net assets, end of yr$1,413,494.00$1,341,205.00$1,317,670.00 $1,231,498.00
Permanently restricted net assets, end of yr$552,166.00$599,650.00$625,083.00 $703,131.00
Net assets$1,965,660.00$1,940,855.00$1,942,753.00 $1,934,629.00
Net assets, beginning of year$1,940,855.00$1,942,753.00$1,934,647.00 $1,932,289.00
Intangible assets    $0.00
Other assets    $0.00
Investments: other securities    $0.00
Investments: publicly traded securities    $0.00
Cash: non-interest bearing$173,763.00$252,700.00$912,101.00 $964,530.00
Cash: non-interest bearing, beginning of year$252,700.00$912,101.00$963,104.00 $1,124,468.00
Investments -- program-related    $0.00
Inventories for sale or use    $0.00
Other financial variables
Revenue less expenses$24,805.00-$1,898.00$8,106.00 $2,340.00
Advertising (total)    $0.00
Savings & temp cash investment    $0.00
Accounts receivable, net$4,006.00$1,594.00$1,714.00 $1,570.00
Prepaid expenses & deferred charges    $0.00
Accounts payable & accrued expenses$1,953.00$21,169.00$3,103.00 $2,893.00
Total net assets or fund balances$1,965,660.00$1,940,855.00$1,942,753.00 $1,934,629.00
Depreciation, depletion, amortization    $0.00
Payment to affiliates    $0.00
Governance and accountability
Number of voting members232121 26
Number of independent voting members232121 26
Financial sheets were auditedTrueTrueTrue True
Accrual accountingTrueTrueTrue True
Tax year start date2016-07-012015-07-012014-07-01 2012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990 990
IRS schema version2016v3.12015v3.02014v6.0 2012v2.0
Filing identifier201840239349300004201700119349300405201620539349300952 201303279349300000
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