Overview

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Est.

1993

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Southeastern Development Opportunity is a nonprofit organization dedicated to providing low-income housing to individuals and families in the Mississippi Delta region. With an operating budget of $170.6K and total revenue of $129.2K for the 2024 filing year, the organization focuses on addressing housing needs in its local community. There is no information available regarding reliance on a single funder for 50% or more of its revenue.

Mission Statement

PROVIDING LOW INCOME HOUSING TO INDIVIDUALS AND FAMILIES IN THE MS DELTA REGION
Revenues
$129.2K
Expenses
$170.6K
Net Income:
-$41.4K
Assets
$750.1K
Liabilities
$102.1K
Net Assets:
+$648K
Operating Budget
$170.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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L
Linda Balducci
Board Member
P
Patrick Collins
Board Member
M
Marie Shorter
Board Member

Frequently Asked Questions

What is SOUTHEASTERN DEVELOPMENT OPPORTUNIT’s budget?
In 2024, SOUTHEASTERN DEVELOPMENT OPPORTUNIT reported an annual operating budget of around $171 thousand. More detailed financial information is available to registered users.
What causes does SOUTHEASTERN DEVELOPMENT OPPORTUNIT support?
SOUTHEASTERN DEVELOPMENT OPPORTUNIT supports work in Housing development.
Where does SOUTHEASTERN DEVELOPMENT OPPORTUNIT operate?
SOUTHEASTERN DEVELOPMENT OPPORTUNIT is headquartered in Shelby, MS.