CHICKASAW DEVELOPMENT CORPORATION

Address
604 DUMONT STREET
CHICKASAW, AL 36611
Contact
Phone: +1 (251) 457-6841
Nonprofit
NTEE: L21 - Public Housing Facilities
EIN: 63-1190254

Mission

PROVIDE HOUSING FOR PERSONS OF LOW INCOME, ELDERLY OR DISABLED
 20152014201320122011
Basic features of the organization
Year of formation1997
Metropolitan statistical area5160
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees0 0 1
Number of volunteers0 0 8
Personnel
Bailey, Edward
TitleDIRECTOR    
Name of key/compensated personEDWARD BAILEY    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org0.20    
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    
Baxley, Ed
Title    Director
Name of key/compensated person    ED BAXLEY
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.00
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
Baxley, Edward
Title  Director  
Name of key/compensated person  EDWARD BAXLEY  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  0.00  
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  
Bush, Ron
TitleDIRECTOR Director Director
Name of key/compensated personRON BUSH RON BUSH RON BUSH
Position of compensated person
Current individual trustee or directorTrue True True
Average hours per week working for org0.20 0.00 0.00
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
Chitty, Janice
TitleDIRECTOR Director Director
Name of key/compensated personJANICE CHITTY JANICE CHITTY JANICE CHITTY
Position of compensated person
Current individual trustee or directorTrue True True
Average hours per week working for org0.20 0.00 0.00
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
Dailey, Cecilia
Title    Director
Name of key/compensated person    CECILIA ANN DAILEY
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.00
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
Daily, Cecilia
TitleDIRECTOR Director  
Name of key/compensated personCECILIA ANN DAILY CECILIA ANNE DAILY  
Position of compensated person
Current individual trustee or directorTrue True  
Average hours per week working for org0.20 0.00  
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  
Mothershed, Earnest
TitleDIRECTOR Director  
Name of key/compensated personEARNEST MOTHERSHED EARNEST MOTHERSHED  
Position of compensated person
Current individual trustee or directorTrue True  
Average hours per week working for org0.20 0.00  
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  
Mothershed, Ernest
Title    Director
Name of key/compensated person    ERNEST MOTHERSHED
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.00
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
Rush, Charles
TitleDIRECTOR Director Director
Name of key/compensated personCHARLES RUSH CHARLES RUSH CHARLES RUSH JR
Position of compensated person
Current individual trustee or directorTrue True True
Average hours per week working for org0.20 0.00 0.00
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
Sweet, Michael
Title    Director
Name of key/compensated person    MICHAEL P SWEET
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.00
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
Sweet, Mike
TitleSECRETARY/TREASURER Director  
Name of key/compensated personMIKE SWEET MIKE SWEET  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org10.00 0.00  
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 $103,208.00 $0.00  
Willis, Idalene
TitleDIRECTOR Director Director
Name of key/compensated personIDALENE WILLIS IDALENE WILLIS IDALENE WILLIS
Position of compensated person
Current individual trustee or directorTrue True True
Average hours per week working for org0.20 0.00 0.00
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
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPROVIDE HOUSING FOR PERSONS OF LOW INCOME, ELDERLY OR DISABLED Provide housing for persons of low income, elderly or disabled Housing for civic and charitable purposes
Program service expenses, total$155,214.00 $120,101.00 $137,505.00
Programs, including revenue & expenses
HOUSING FOR CIVIC AND CHARITABLE PURPOSES
Program expenses    $137,505.00
Program revenue    $93,470.00
Program description    HOUSING FOR CIVIC AND CHARITABLE PURPOSES
PROVIDE HOUSING FOR PERSONS OF LOW INCOME, ELDERLY, OR DISABLED
Program expenses$155,214.00 $120,101.00  
Program revenue$216,809.00 $100,000.00  
Program descriptionPROVIDE HOUSING FOR PERSONS OF LOW INCOME, ELDERLY, OR DISABLED PROVIDE HOUSING FOR PERSONS OF LOW INCOME, ELDERLY OR DISABLED  
Financial data
Revenue
Total revenue$224,783.00 $175,757.00 $257,221.00
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$3,125.00 $4,038.00 $5,599.00
Total revenue from grants, etc., current yr$0.00 $0.00 $0.00
Total unrelated business revenue$0.00 $0.00 $0.00
Other revenue, current yr$4,849.00 $71,719.00 $158,152.00
Program service revenue (total)$216,809.00$205,047.00$100,000.00$94,525.00$93,470.00
Gross receipts$224,783.00 $175,757.00 $385,820.00
Other types of revenue
Miscellaneous revenue (total)$4,849.00 $71,719.00 $69,113.00
Income from dividends, interest, and similar investments$3,125.00 $4,038.00 $5,599.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Net inventory sales (total)    $89,039.00
Expense categories (totals)
Total functional expenses: sum of all$196,337.00 $153,976.00 $163,775.00
Total functional expenses: program service $155,214.00 $120,101.00 $137,505.00
Total functional expenses: management and general$41,123.00 $33,875.00 $26,270.00
Total functional expenses: fundraising$0.00 $0.00 $0.00
Fees for services
Legal fees (total)$11,741.00 $4,000.00  
Fundraising service fees (total)$0.00 $0.00 $0.00
Assets and liabilities
Total assets$1,484,602.00$1,514,882.00$1,342,806.00$1,324,653.00$1,449,655.00
Total assets, beginning of year$1,514,882.00 $1,324,653.00 $1,384,159.00
Total liabilities$211,455.00$270,182.00$169,182.00$172,810.00$268,132.00
Total liabilities, beginning of year$270,182.00 $172,810.00 $296,082.00
Unrestricted net assets, end of yr$1,273,147.00 $1,173,624.00  
Net assets$1,273,147.00 $1,173,624.00 $1,181,523.00
Net assets, beginning of year$1,244,700.00 $1,151,843.00 $1,088,077.00
Other liabilities$19,059.00 $9,128.00 $255,831.00
Other assets$113,669.00 $26,726.00 $160,589.00
Cash: non-interest bearing  $252,628.00 $42,038.00
Cash: non-interest bearing, beginning of year  $48,086.00 $48,066.00
Escrow or custodial account liability$99,402.00    
Other financial variables
Revenue less expenses$28,446.00 $21,781.00 $93,446.00
Savings & temp cash investment$496,399.00 $175,537.00 $320,726.00
Accounts receivable, net$904.00 $2.00  
Prepaid expenses & deferred charges$4,121.00 $4,413.00 $3,960.00
Accounts payable & accrued expenses$4,932.00 $27,412.00 $10,722.00
Deferred revenue$1,066.00   $1,579.00
Secured mortgages and notes payable$86,996.00 $132,642.00  
Total net assets or fund balances$1,273,147.00 $1,173,624.00 $1,181,523.00
Depreciation, depletion, amortization$39,555.00 $36,874.00 $32,089.00
Governance and accountability
Number of voting members7 8 8
Number of independent voting members7 8 8
Financial sheets auditedTrue True True
Accrual accountingTrue True True
Tax year start date2014-07-01 2012-07-01 2010-07-01
Tax year end date2015-06-012014-06-012013-06-012012-06-012011-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990 990 990
Date e-filing submitted2016-03-28 2014-03-18 2012-06-11
IRS schema version2014v6.0 2012v2.0 2010v3.2
Filing identifier201620329349301042 201420229349300017 201211219349300611
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