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South Mississippi Housing & Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205640452 ✦ Gulfport, MS ✦ Designated as a 501(c)(3)

Overview

What is South Mississippi Housing & Development Corporation?

South Mississippi Housing & Development Corporation is a nonprofit organization situated in Gulfport, Mississippi. Their primary mission is to alleviate the burden on government by addressing the persistent issue of affordable housing shortage in the South Mississippi area. They achieve this by managing and developing sustainable housing solutions for the underprivileged, distressed, and impoverished individuals within their community. Their work aims to provide a relief to the government and ensure that everyone has access to decent living spaces. With a team of 14 dedicated individuals, this organization plays a significant role in addressing this pressing concern in their region.


Official website here: www.smhd.org

Is South Mississippi Housing & Development Corporation legitimate?

South Mississippi Housing & Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Mississippi Housing & Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $428,421

For more financial information, click here


Official website here: www.smhd.org

What is the mission statement of South Mississippi Housing & Development Corporation?

The South Mississippi Housing & Development Corporation's mission is centered around managing and developing sustainable housing solutions for individuals who are economically disadvantaged, distressed, or underprivileged. Their primary objective is to alleviate the burden on local government by addressing the persistent issue of affordable housing shortage in the South Mississippi region. By focusing on this mission, they aim to contribute significantly to improving housing conditions in the community.


Official website here: www.smhd.org

Who is the CEO of South Mississippi Housing & Development Corporation?

Justin Brooks is the Chairman of South Mississippi Housing & Development Corporation.


Official website here: www.smhd.org

What is the revenue of South Mississippi Housing & Development Corporation?

South Mississippi Housing & Development Corporation's revenue in 2022 was $3,038,218.


Official website here: www.smhd.org

Who are the executives of South Mississippi Housing & Development Corporation and what are their salaries?

The average compensation at South Mississippi Housing & Development Corporation during 2022 was $30,602. There are 14 employees at South Mississippi Housing & Development Corporation.

Here are 18 key members and their salaries:

    Justin Brooks (President)
  • Compensation: $0
  • Related: $154,681
  • Other: $40,230

    • Heather Mueller (Treasurer)
  • Compensation: $0
  • Related: $111,423
  • Other: $32,927

    • Sally O'Neal (Secretary)
  • Compensation: $0
  • Related: $60,595
  • Other: $16,704

    • Roger Swann (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Bailey (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faguial Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dottied Beard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mildred Maddox-Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billy Folkes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evelyn Garner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annie Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willie Leverette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessie Ludgood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Freddie Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allytra Perryman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerolene Rayborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Rhodes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmy Richardson Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.smhd.org

    Where can I find the form 990 for South Mississippi Housing & Development Corporation?

    The South Mississippi Housing & Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.smhd.org

    Learn more at the official website: www.smhd.org

    Mission Statement of South Mississippi Housing & Development Corporation

    South Mississippi Housing & Development Corporation, in its mission, aims to alleviate the persistent issue of affordable housing shortage in the South Mississippi region. The organization takes on this responsibility by managing and developing sustainable housing solutions for those who are economically disadvantaged, distressed, and underprivileged. By addressing this ongoing challenge, South Mississippi Housing & Development Corporation seeks to ease the government's burden in this area. Their primary goal is to create a living environment that supports the needs of the underprivileged community, thereby contributing to a more equitable society.

    Impact

    This information is meant to be a general summary of South Mississippi Housing & Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    South Mississippi Housing & Development Corporation's impact is significant in managing and developing sustainable housing for the poor, distressed, and underprivileged in the South Mississippi area. By addressing the ongoing affordable housing shortage, the organization not only provides essential housing solutions but also helps relieve the burdens of the government in this regard. Their mission to create sustainable housing options for those in need contributes to the enhancement of lives and communities in Gulfport, Mississippi, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,317
  • Program Service Revenue: $2,237,329
  • Gross Receipts: $3,038,218

    • Assets and Liabilities:
  • Total Assets: $21,629,146
  • Total Liabilities: $217,142
  • Net Assets: $21,412,004
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT RENTAL REVENUE

    Revenue

    $1,566,300

    TENANT NON-RENTAL REVENUE

    Revenue

    $103,849

    AFFORDABLE HOUSING MANAGEMENT FEE INCOME

    Revenue

    $256,121

    AFFORDABLE HOUSING DEVELOPER FEE INCOME

    Revenue

    $263,260

    OTHER AFFORDABLE HSG PROGRAM CHARGES

    Revenue

    $47,799

    Organization Details

    Founding Year

    2006

    Principal Officer

    Justin Brooks

    Main Address

    PO BOX 2099, GULFPORT, MS, 395052099

    NTEE Category

    Code: L21 - Housing

    If you are a representative of South Mississippi Housing & Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.