Small Public Charity

MAGNOLIA COMMUNITY DEVELOPMENT CORP

MAGNOLIA COMMUNITY DEVELOPMENT CORP, of OPELOUSAS, LA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2023 filing shows $99K in revenue, $193K in expenses, $190K in total assets. 5 publicly reported grants to this organization, totaling roughly $68K, appear in IRS filings.

EIN: 453733905 OPELOUSAS, LA Latest filing: 2023
Total Revenue$99K
Total Expenses$193K
Total Assets$190K
Grant Records5
Funding Total$68K
Filing Years2020–2023

Mission

HOUSING - RENOVATED AND REPAIRED 6 VETERAN OWNED HOMES THROUGH THE FHLB SNAP PROGRAM AND THE HAC AHRV PROGRAM.

Officers & Directors

Vice President Bradley Mayfield
Secretary Charles Miniex
Director Constance Johnson
Director Julie Miles
Director Leroy Williams
Director Nathan Thornton

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROJECT DEVELOPMENT
$30,000 1 grant
CAPACITY BUILDING
$29,999 3 grants
Unrestricted
$7,844 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $99K $193K $190K
2022 $383K $553K $199K
2021 $54K $228K $30K
2020 $114K $90K $54K

Between 2020 and 2023, reported annual revenue declined from $114K to $99K (-13%), with total assets most recently reported at $190K.

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

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