Community Development Foundation

Fiscal year ending 2022. Filed on March 15, 2023.

PO Box A
Tupelo, Mississippi 38802

Community Development Foundation (EIN: 64-0256085) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Community Development Foundation, a 501(c)(6) business league, reported compensation for 5 out of 19 total employees. Among the employees shown here, the average compensation is $413,745. The highest compensated employee at Community Development Foundation is David Rumbarger with fiscal year 2022 compensation of $979,077.

Revenue, expenses, and employee compensation

Revenue

$9,486,414

Expenses

$5,256,100

Employee compensation

$3,372,982

Reported Compensated Employees

＋34.4%vs 2021

David Rumbarger

President and Chief Executive Officer

$979,077

$871,551 from orgNo related comp$107,526 other

＋39.6%vs 2021

Shane Homan

Chief Operating Officer

$330,021

$288,901 from orgNo related comp$41,120 other

＋48.3%vs 2021

Matt McCarty

Chief Financial Officer

$310,456

$269,336 from orgNo related comp$41,120 other

＋46.5%vs 2021

Jon Milstead

Vice President of Planning and Property DEV

$269,375

$233,723 from orgNo related comp$35,652 other

＋11.4%vs 2021

Judd Wilson

Vice President of Chamber of Commerce

$179,796

$150,160 from orgNo related comp$29,636 other

Non-Employee Board Members

Mission Statement

THE ORGANIZATION'S MISSION IS TO DIVERSIFY AND STREGTHEN OUR ECONOMIC MIX THROUGH BUSINESS RETENTION, EXPANSION, AND ATTRACTION. IMPROVE OUR HUMAN CAPITAL THROUGH WORKFORCE SKILLS, AND LEADERSHIP TRAINING. IMPROVE OUR COMMUNICATIONS WITH EXISTING BUSINESSES, LOCAL, STATE AND FEDERAL GOVERNMENTS. FOSTER SMALL BUSINESS AND ENTREPRENEUR DEVELOPMENT. AND TO ENHANCE THE BUSINESS CLIMATE AND QUALITY OF LIFE THROUGH PLANNING, PUBLIC POLICY, AND STRONG PARTNERSHIPS.