SELMA HOUSING DEVELOPMENT CORP

Address
PO BOX 129
SELMA, AL 367020129
Contact
Nonprofit
NTEE: L99 - Housing, Shelter N.E.C.
EIN: 63-0962998

Mission

TO PROMOTE AND PROVIDE DECENT, SAFE, AND SANITARY HOUSING FOR PERSONS OF LOW INCOME, INCLUDING FAMILIES, ELDERLY, AND DISABLED.
 201620152014
Basic features of the organization
Year of formation1987
Subsection501(c)(3)
Organization typeCorporation
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$79,589.00$79,587.00 
Sum of reportable (W2/1099) compensation$79,589.00$79,587.00 
Number of employees11 
Number of volunteers33 
Personnel
Porter, William
TitleDIRECTORDIRECTOR 
Name of key/compensated personWILLIAM C PORTERWILLIAM C PORTER 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Smitherman, Stephen
TitleEXECUTIVE DIEXECUTIVE DI 
Name of key/compensated personSTEPHEN G SMITHERMANSTEPHEN G SMITHERMAN 
Average hours per week working for org50.0050.00 
Reportable compensation from org$79,589.00$79,587.00 
Other comp, non-reportable, from org and related orgs$0.00$976.00 
PositionOfficerOfficer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Waldrop, Rex
TitleDIRECTORDIRECTOR 
Name of key/compensated personREX WALDROPREX WALDROP 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Williamson, Cecil
TitleDIRECTORDIRECTOR 
Name of key/compensated personCECIL WILLIAMSONCECIL WILLIAMSON 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Purpose: mission, activities & accomplishments
Mission or significant activitiesTO PROMOTE AND PROVIDE DECENT, SAFE, AND SANITARY HOUSING FOR PERSONS OF LOW INCOME, INCLUDING FAMILIES, ELDERLY, AND DISABLED.TO PROMOTE AND PROVIDE DECENT, SAFE, AND SANITARY HOUSING FOR PERSONS OF LOW INCOME, INCLUDING FAMILIES, ELDERLY, AND DISABLED. 
Program expenses (total)$177,446.00$157,567.00 
Programs, including revenue & expenses
QUALITY HOUSING WAS PROVIDED FOR LOW INCOME FAMILIES, ELDERLY, AND DISABLED PEOPLE IN DALLAS COUNTY, ALABAMA.
Program expenses$177,446.00$157,567.00 
Program revenue$129,564.00$127,281.00 
Program descriptionQUALITY HOUSING WAS PROVIDED FOR LOW INCOME FAMILIES, ELDERLY, AND DISABLED PEOPLE IN DALLAS COUNTY, ALABAMA.QUALITY HOUSING WAS PROVIDED FOR LOW INCOME FAMILIES, ELDERLY, AND DISABLED PEOPLE IN DALLAS COUNTY, ALABAMA. 
Financial data
Expense categories (totals)
Sum (total functional expenses)$192,660.00$191,397.00 
Program services (total functional expenses)$177,446.00$157,567.00 
Management & general (total functional expenses)$15,214.00$33,830.00 
Fundraising (total functional expenses)$0.00$0.00 
Revenue
Total revenue$129,564.00$127,281.00 
Program service revenue (total)$129,564.00$127,281.00$144,910.00
Revenue from contributions (total) $0.00$0.00
Investment income$0.00$0.00 
Total unrelated business revenue$0.00$0.00 
Other revenue, current yr$0.00$0.00 
Total revenue from grants, etc., current yr$0.00$0.00 
Gross receipts$129,564.00$127,281.00 
Other types of revenue
Net rental income $0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00 
Accounting service fees (total)$2,465.00$5,225.00 
Assets and liabilities
Total assets$1,364,923.00$1,399,197.00$1,463,290.00
Total assets, beginning of year$1,399,197.00$1,463,290.00 
Total liabilities$298,131.00$269,308.00$269,289.00
Total liabilities, beginning of year$269,308.00$269,289.00 
Net assets$1,066,792.00$1,129,889.00 
Net assets, beginning of year$1,129,889.00$1,194,001.00 
Other liabilities$3,804.00$3,632.00 
Other assets$2,120.00$2,120.00 
Investments: other securities$28,206.00$28,206.00 
Cash: non-interest bearing$294.00$163.00 
Cash: non-interest bearing, beginning of year$163.00$434.00 
Other financial variables
Revenue less expenses-$63,096.00-$64,116.00 
Secured mortgages and notes payable$294,327.00$265,676.00 
Total net assets or fund balances$1,066,792.00$1,129,889.00 
Depreciation, depletion, amortization$64,405.00$64,182.00 
Governance and accountability
Number of voting members44 
Number of independent voting members44 
Tax year start date2016-01-012015-01-01 
Tax year end date2016-12-312015-12-31 
Accounting methodCashCash 
Metadata about the filing
E-return type990990 
Date e-filing submitted2017-12-012016-11-07 
IRS schema version2016v3.02015v2.1 
Filing identifier201702899349300825201622289349301852 
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