COMMUNITY BETTERMENT CORPORATION

EIN: 640681461 Housing & Shelter

VERONA, MS

Total Revenue
$107,771
Total Expenses
$89,450
Total Assets
$90,949
Net Assets
$-29,276
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MS
Principal Officer
STEPHEN P PANNELL
Phone
6625668992
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY BETTERMENT CORPORATION, founded in 1981, is a small nonprofit in the Housing & Shelter sector that reported $108K in total revenue in fiscal year 2024. The organization ran a surplus of $18K, a strong 17% operating margin.

Mission

COMMUNITY BETTERMENT CORPORATION IS ORGANIZED AS A NON-PROFIT ORGANIZATION FORMED TO ACQUIRE AN INTEREST IN REAL PROPERTY AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 12 UNITS, UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $84,106
Investment Income $6
Other Revenue $23,659
TOTAL REVENUE $107,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,754
Fundraising Expenses $0
Program Expenses $89,450
Other Expenses $72,696
TOTAL EXPENSES $89,450

Year-over-Year Comparison

2024 2023 Change
Revenue $107,771 $113,116 0.0%
Expenses $89,450 $93,282 0.0%
Net Income $18,321 $19,834 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN MOORE VICE PRES N/A
Officer
$0 $0 $0
DAVID PANNELL DIRECTOR N/A
Officer
$0 $0 $0
KIM PANNELL SEC/TREAS N/A
Officer
$0 $0 $0
STEPHEN P PANNELL PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $107,771 $89,450 $90,949 $18,321
2023 $113,116 $93,282 $96,362 $19,834
2022 $103,730 $89,503 $94,001 $14,227
2021 $85,595 $94,463 $98,278 $-8,868
2020 $116,538 $96,416 $120,417 $20,122
2019 $109,465 $101,218 $120,019 $8,247
2018 $86,053 $76,804 $123,384 $9,249
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