Southeastern Development Opportunities INC
Builds affordable homes for low-income families in the Mississippi Delta. For fiscal year 2024 it reported $129K in revenue, $171K in expenses, and $648K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Shelby, MS
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Linda Balducci’s $61K as Exec Dir is at the 51st percentile of top reported officer pay among 849 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Linda Balducci | $61,072 | $62,155 | $62,155 | $59,759 | $57,072 |
| Patrick Collins | $4,560 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
We have been successful both directly and indirectly in placing a number of low income housing units in service in the MS delta region. We continue to participate in the development of additional units on an ongoing basis as financing allows. We also particpate in managing low income housing units for other entities
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Overhead ratio | 100% | — | — |
| Revenue growth | 117% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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