Kces Public Benefit Corporation

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

No compensated employees were reported for this year.

Mission Statement

THE MISSION OF KCES PUBLIC BENEFIT CORPORATION IS TO EXERCISE THE FOLLOWING POWERS: (A) ENGAGE, OR OTHERWISE PARTICIPATE, IN FINANCING ACTIVITIES WHICH WILL FURTHER THE EDUCATION MISSION OF THE KEMPER COUNTY SCHOOL DISTRICT IN CONNECTION WITH THE (I) ACQUISITION OF A LEASEHOLD INTEREST IN CERTAIN REAL PROPERTY LOCATED AT 174 WILLOW AVENUE, DE KALB, MISSISSIPPI 39328 (THE "LAND"), (II) CONSTRUCTION AND DEVELOPMENT OF A NEW ELEMENTARY SCHOOL LOCATED ON THE LAND (THE "IMPROVEMENTS- AND, TOGETHER WITH THE LAND, THE "PROPERTY"), AND (III) LEASING OF THE PROPERTY TO THE SCHOOL DISTRICT FOR OPERATION (COLLECTIVELY, (I) THROUGH (III) ARE REFERRED TO HEREIN AS, THE "NMTC PROJECT"); (B) ENGAGE IN BORROWING, AND RELATED DEALINGS, IN CONNECTION WITH THE NMTC PROJECT; (C) PURCHASE, LEASE OR OTHERWISE ACQUIRE OWNERSHIP OR THE RIGHT TO USE CERTAIN PROPERTY FOR THE NMTC PROJECT; AND (D) PARTICIPATE AS A "QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS" (AS SUCH TERM IS DEFINED IN SECTION 45D OF THE COD