LDM COMMUNITY DEVELOPMENTCORPORATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LDM COMMUNITY DEVELOPMENTCORPORATION (EIN 20-8765223)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-04-16
IRS object ID
202211069349300611
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-04-16T10:22:45-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208765223EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LDM Community Development CorporationBusinessNameLine1Txt
Business Name Line2LDM Academy/Excel TransportationBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% Lorenzo WatkinsInCareOfNm
Business Name ControlLDMCBusinessNameControlTxt
Phone8506712982PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13377 Jim Lee RoadAddressLine1Txt
CityTallahasseeCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLORENZO WATKINSPersonNm
Person TitlePresidentPersonTitleTxt
Phone8506712982PhoneNum
Signature2022-04-16SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLORENZOPersonFirstNm
Person LastWATKINSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer1TrustedCustomerCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1LDM AcademyExcel TransportationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerLORENZO WATKINSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line113480 Middlefield RoadAddressLine1Txt
CityTallahasseeCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32309ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$700,587GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionFaciliate programs and service that build self esteem and self worth disadvantaged individuals regardless of race age sex or ethnicityActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$782,522PYProgramServiceRevenueAmt
CY Program Service Revenue$700,587CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$782,522PYTotalRevenueAmt
CY Total Revenue$700,587CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$288,786PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$280,656CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$477,766PYOtherExpensesAmt
CY Other Expenses$381,005CYOtherExpensesAmt
PY Total Expenses$766,552PYTotalExpensesAmt
CY Total Expenses$661,661CYTotalExpensesAmt
PY Revenues Less Expenses$15,970PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$38,926CYRevenuesLessExpensesAmt
Total Assets BOY$184,234TotalAssetsBOYAmt
Total Assets EOY$223,160TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$184,234NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$223,160NetAssetsOrFundBalancesEOYAmt
MissionProgram and services that build self esteem and self worth in disadvantaged individuals regardless of race, age, sex or ethnicity.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$380,240ExpenseAmt
Revenue$380,240RevenueAmt
DescProvided non medical transportation to individuals to hospitals, nursing homes and their private homes.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$281,422ExpenseAmt
Revenue$320,347RevenueAmt
DescProvided child care services to children ages 1 year old to 5 year old Provided transportation to afterschool children enrolled in a school in our area and afterschool care. This care included breakfast, lunch and afternoon snack. Academic and social skills are taught year roundDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$661,662TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee15EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPHYLLIS C WATKINSPersonNm
Phone8509332191PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113480 Middlefield RoadAddressLine1Txt
CityTallahasseeCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32309ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BRENTON ANGUS
TrusteeYes (X)$0$0$0
JENENE BURRIS
TrusteeYes (X)$0$0$0
TIMOTHY C JONES
TrusteeYes (X)$0$0$0
LORENZO WATKINS
President$0$0$0Yes (X)
PHYLLIS C WATKINS
TrusteeYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescChild Day Care ServiceDesc
Business624410BusinessCd
Total Revenue Column$320,347TotalRevenueColumnAmt
Related Or Exempt Func Income$320,347RelatedOrExemptFuncIncomeAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$380,240TotalRevenueColumnAmt
Related Or Exempt Func Income$380,240RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$700,587TotalProgramServiceRevenueAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$700,587TotalRevenueColumnAmt
Related Or Exempt Func Income$700,587RelatedOrExemptFuncIncomeAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$280,656TotalAmt
Program Services$280,656ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,418TotalAmt
Program Services$3,418ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,489TotalAmt
Program Services$22,489ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$221,211TotalAmt
Program Services$221,211ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$26,542TotalAmt
Program Services$26,542ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,707TotalAmt
Program Services$2,707ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,231TotalAmt
Program Services$8,231ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Food$21,317$21,317
Repairs & Maintenance$48,636$48,636
Donations/Assistance$21,310$21,310
Bank fees/check orders$5,144$5,144

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$661,661TotalAmt
Program Services$661,661ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$95,182BOYAmt
EOY$134,108EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$89,052LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$89,052BOYAmt
EOY$89,052EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$184,234BOYAmt
EOY$223,160EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$184,234BOYAmt
EOY$223,160EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$184,234BOYAmt
EOY$223,160EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$184,234BOYAmt
EOY$223,160EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$38,926ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$914,557CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$842,119CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$898,325CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$782,522CurrentTaxYearMinus1YearAmt
Current Tax Year$700,587CurrentTaxYearAmt
Total$4,138,110TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$914,557CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$842,119CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$898,325CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$782,522CurrentTaxYearMinus1YearAmt
Current Tax Year$700,587CurrentTaxYearAmt
Total$4,138,110TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$4,138,110PublicSupportTotal170Amt
Total Support$4,138,110TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Org Leg CtrlfalseDisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsfalseDisclosedForCharitablePrpsInd
Written Policy MonitoringfalseWrittenPolicyMonitoringInd
Section170h Rqr StsfdfalseSection170hRqrStsfdInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$89,052OtherCostOrOtherBasisAmt
Book Value$89,052BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$89,052TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI Line 2Lorenzo Watkins and Phyllis Watkins are husband and wife.
Part VI Line 11bCopies were provided and reviewed by all members.
Part VI Line 19Will provide as requested.

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