Public Charity

SOUTH MISSISSIPPI HOUSING & DEVELOPMENT CORPORATION

SOUTH MISSISSIPPI HOUSING & DEVELOPMENT CORPORATION is a Public Charity headquartered in GULFPORT, MS. Financial data from the 2024 filing: $2.1M revenue, $2.3M expenses, $20.9M total assets. 4 publicly reported grants to this organization, totaling roughly $97K, appear in IRS filings.

EIN: 205640452 GULFPORT, MS Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$2.1M
Total Expenses$2.3M
Total Assets$20.9M
Grant Records4
Funding Total$97K
Filing Years2019–2024

Mission

MANAGE AND DEVELOP SUSTAINABLE HOUSING FOR THE POOR, DISTRESSED AND UNDER PRIVILEGED AND RELIEVE THE BURDENS OF GOVERNMENT BY ADDRESSING THE ONGOING AFFORDABLE HOUSING SHORTAGE IN THE SOUTH MISSISSIPPI AREA.

Where $100 goes at South Mississippi Housing & Development Corporation

How South Mississippi Housing & Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
Manage and develop sustainable housing for the poor, distressed and under privileged and relieve the burdens of government by addressing the ongoing affordable housing shortage in the south…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIRPERSON Allytra Perryman
DIRECTOR Annie Jones
DIRECTOR Beverly Cook
DIRECTOR Billy Folkes
DIRECTOR Bobby Gibson
DIRECTOR Dottied Beard

Officer compensation and complete director data available with membership.

Top Grant Purposes

Training & Professional Development
$96,964 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.1M $2.3M $20.9M
2023 $1.7M $2.1M $20.8M
2022 $3.0M $3.2M $21.6M
2020 $2.5M $2.6M $21.5M
2019 $2.6M $2.5M $22.1M

Between 2019 and 2024, reported annual revenue declined from $2.6M to $2.1M (-20%), with total assets most recently reported at $20.9M.

Interactive year-over-year charts and full filing details available with membership.

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