2024-01-17T16:32:14-05:00 2023-09-30 581941470 HOLLAND BROMLEY BARNHILL & BRETT LLP 530 STEPHENSON AVE STE 200 SAVANNAH GA 31405 990 2022-10-01 581395933 COASTAL AREA DISTRICT DEVELOPMENT AUTHORITY INC COAS 9122612500 501 GLOUCESTER STREET SUITE 201 BRUNSWICK GA 31520 TERRENCE LOUK CEO 3305509198 2024-01-16 true TERRENCE LOUK 999009999 false SHANNON L BRETT P00558136 9122353410 2024-01-17 X 2022 2023-04-26 12:10:37Z TERRENCE LOUK 501 GLOUCESTER STREET SUITE 201 BRUNSWICK GA 31520 1036906 false X WWW.CADDA-SBA.ORG X 1976 GA ECONOMIC DEVELOPMENT LENDING. 15 15 8 0 5838878 0 522419 696288 118787 155969 295586 184649 6775670 1036906 0 0 626462 481853 0 0 669986 235789 1296448 717642 5479222 319264 23475246 23718712 1004923 929125 22470323 22789587 CREATE OR RETAIN PERMANENT JOBS AND INCREASE PRODUCTIVITY IN THE COASTAL GEORGIA AREA THROUGH ECONOMIC DEVELOPMENT LOAN PROGRAMS. false false 163109 809155 CADDA PROVIDES LOAN FUNDING THROUGH REVOLVING LOAN FUNDS TO COMPANIES WITHIN THE COASTAL GEORGIA AREA THAT WILL RESULT IN A POSITIVE ECONOMIC IMPACT AND THE CREATION OF JOBS. 21503 49170 CADDA PROVIDES FUNDING THROUGH THE INTERMEDIARY RELENDING PROGRAM FOR NEW BUSINESSES AT REASONABLE INTEREST RATES DESIGNATED TO PROVIDE ASSISTANCE FOR BUSINESSES IN RURAL AREAS. 107723 161614 NONPUBLIC FUNDS ARE UNRESTRICTED FUNDS GENERATED PRIMARILY THROUGH CHARGES FOR LOAN SERVICES PROVIDED BY CADDA. 292335 false false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 8 true false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false GA X X TERRENCE LOUK 9122612500 501 GLOUCESTER STREET SUITE 201 BRUNSWICK GA 31520 TERRENCE LOUK CEO 40.00 X 131288 0 3712 BRYAN BURKE BOARD MEMBER 2.50 X 0 0 0 CHERISE CARTWRIGHT BOARD MEMBER 2.50 X 0 0 0 KEITH CRUSAN BOARD MEMBER 2.50 X 0 0 0 CHRIS HARPER BOARD MEMBER 2.50 X 0 0 0 JAMES DRAKE JR BOARD MEMBER 2.50 X 0 0 0 CEDRIC KING CHAIRMAN 2.50 X 0 0 0 MONTY LEE BOARD MEMBER 2.50 X 0 0 0 DIANA MORRISON VICE-CHAIRMA 2.50 X 0 0 0 DANIEL NORMAN BOARD MEMBER 2.50 X 0 0 0 DEEPIKA PAUL BOARD MEMBER 2.50 X 0 0 0 JAMES ROGERS BOARD MEMBER 2.50 X 0 0 0 CRAIG ROOT BOARD MEMBER 2.50 X 0 0 0 JON SEAGRAVES BOARD MEMBER 2.50 X 0 0 0 BRIAN SMITH BOARD MEMBER 2.50 X 0 0 0 KIMBALL WARNOCK BOARD MEMBER 2.50 X 0 0 0 131288 3712 1 false false false DEVELOPMENT LOAN INCOME 696288 696288 696288 155969 155969 LOAN SERVICE REVENUE 162109 162109 OTHER 22540 22540 184649 1036906 1036906 135000 90557 44443 216757 145400 71357 102481 63973 38508 27615 18420 9195 4063 4063 85995 85995 32173 5788 26385 11730 2500 9230 2891 229 2662 14471 68 14403 6642 226 6416 10558 2555 8003 20795 12069 8726 56925 525 56400 26271 26271 DUES & SUBSCRIPTIONS 24588 20967 3621 TELEPHONE 8263 8263 REPAIRS & MAINTENANCE 4792 1008 3784 MISCELLANEOUS 1673 1531 142 -76041 -77544 1503 717642 292335 425307 0 6994527 8388431 53025 15962364 14911260 318782 165070 186932 153712 278398 265309 23475246 23718712 32760 40997 743911 679878 228252 208250 1004923 929125 X 22470323 22789587 22470323 22789587 23475246 23718712 X 319264 X false true X true true true 69675 57527 12148 249107 107543 141564 153712 LEASE OBLIGATIONS 148638 LINE OF CREDIT 59612 208250 1445246 408340 408340 1036906 1036906 1125982 408340 408340 717642 717642 SCHEDULE D, PAGE 4, PART XI, LINE 2D INDIRECT COST RECOVERY 408,340 SCHEDULE D, PAGE 4, PART XII, LINE 2D CURRENT ALLOCATED EXPENSES 408,340 FORM 990, PAGE 6, PART VI, LINE 11B DIRECTORS PRESENT AT THE BOARD MEETING WHERE THE FORM 990 DRAFT WAS PRESENTED CONSTITUTED A QUORUM AND REVIEWED AND ACCEPTED THE 990 AS PRESENTED. FORM 990, PAGE 6, PART VI, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A SALARIES AND RAISES ARE DISCUSSED AND PROPOSED AT A MEETING OF THE EXECUTIVE COMMITTEE. TOTAL SALARIES AND INCREASES ARE THEN DISCLOSED IN FISCAL YEAR BUDGET PRESENTED TO AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES AND RAISES ARE DISCUSSED AND PROPOSED AT A MEETING OF THE EXECUTIVE COMMITTEE. TOTAL SALARIES AND INCREASES ARE THEN DISCLOSED IN FISCAL YEAR BUDGET PRESENTED TO AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 INDIRECT COST RECOVERY 408,340 CURRENT ALLOCATED EXPENSES -408,340