EIN 64-0256085

Community Development Foundation

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Tupelo
Year formed
1948
Most recent tax filings
2023-04-01
Description
The organization's mission is to diversify and stregthen our economic mix through business retention, expansion, and attraction. Improve our human capital through workforce skills, and leadership training. Improve our communications with existing businesses, local, state and federal governments. Foster small business and entrepreneur Development. And to enhance the business climate and quality of life through planning, public policy, and strong partnerships. To strengthen the tupelo-lee county region through economic and Community Development.
Total revenues
$6,225,081
2023
Total expenses
$5,323,522
2023
Total assets
$32,296,990
2023
Num. employees
0
2023

Program areas at Community Development Foundation

The planning and property management program aims to empower and raise the standard of public communication and partnership for regional progress. This program of work and its elements is created to address the lee county needs while broadening the regions Development efforts.
The economic development/future focus is a means to bring vibrant workforce and training to lee county by recruitment, retention, and workforce training of existing and future industries.
The lee county chamber of commerce enhances Community education and the business environment in lee county.

Personnel at Community Development Foundation

NameTitleCompensation
David P RumbargerPresident and Chief Executive Officer$0
Shane HomanChief Operating Officer / Senior Vice President of Economic Development / Senior Vice President of Economic Dev.$288,901
Matt McCartyChief Financial Officer$269,336
Barry SmithDirector / First Vice Chair / Second Vice Chairman$0
Scott CochranFirst Vice Chairman / Second Vice Chair / Director$0
...and 4 more key personnel

Financials for Community Development Foundation

RevenuesFYE 04/2023
Total grants, contributions, etc.$3,035,621
Program services$2,314,600
Investment income and dividends$13,353
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$861,507
Total revenues$6,225,081

Form 990s for Community Development Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-042024-03-15990View PDF
2022-042023-03-15990View PDF
2021-042022-03-15990View PDF
2020-042021-03-15990View PDF
2019-042020-10-03990View PDF
...and 9 more Form 990s
Data update history
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 3 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 23, 2023
Updated personnel
Identified 1 new personnel
August 11, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsPolitical advocacyReceives government fundingNo full-time employees
General information
Address
PO Box A
Tupelo, MS 38802
County
Lee County, MS
Website URL
cdfms.org/ 
Phone
(662) 842-4521
Facebook page
cdfms 
Twitter profile
@cdfms 
IRS details
EIN
64-0256085
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1948
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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