NonprofitsCoastal Area District Development Authority

Coastal Area District Development Authority

BRUNSWICK, GA

Total revenue

$1.2M

Total expenses

$886K

Net assets

$23.1M

Grants received

EIN

581395933

Tax year

2023

Mission

Economic development lending.

Programs

2 programs

Cadda provides funding through the intermediary relending program for new businesses at reasonable interest rates designated to provide assistance for businesses in rural areas.

Expenses: $22K

Nonpublic funds are unrestricted funds generated primarily through charges for loan services provided by cadda.

Expenses: $87K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$633K
Investment income$285K
Other revenue$257K
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$554K
Fundraising
Other expenses$331K
Total expenses$886K
Total assets$24.1M
Net assets$23.1M

People

18 listed

NameRoleCompensation

TERRENCE LOUK

CEO

Board

$127K

40 hrs/wk

BROWN ALEX

BOARD MEMBER

Board

1 hrs/wk

CHERISE CARTWRIGHT

BOARD MEMBER

Board

1 hrs/wk

KEITH CRUSAN

BOARD MEMBER

Board

1 hrs/wk

JOE FORD

BOARD MEMBER

Board

1 hrs/wk

CHRIS HARPER

BOARD MEMBER

Board

1 hrs/wk

COUGHLIN JAMES

BOARD MEMBER

Board

1 hrs/wk

JAMES DRAKE JR

BOARD MEMBER

Board

1 hrs/wk

CEDRIC KING

CHAIRMAN

Board

1 hrs/wk

MONTY LEE

BOARD MEMBER

Board

1 hrs/wk

DIANA MORRISON

VICE-CHAIRMA

Board

1 hrs/wk

DANIEL NORMAN

BOARD MEMBER

Board

1 hrs/wk

DEEPIKA PAUL

BOARD MEMBER

Board

1 hrs/wk

JAMES ROGERS

BOARD MEMBER

Board

1 hrs/wk

CRAIG ROOT

BOARD MEMBER

Board

1 hrs/wk

JON SEAGRAVES

BOARD MEMBER

Board

1 hrs/wk

KIMBALL WARNOCK

BOARD MEMBER

Board

1 hrs/wk

PATRICK WOOCK

BOARD MEMBER

Board

1 hrs/wk

Details

EIN581395933
Subsection04
Ruling date1981-03
Formed1976
Employees7
COASTAL AREA DISTRICT DEVELOPMENT AUTHORITY — Mission, Financials & Grants Received | Grantivo