2026-01-21T01:24:18-00:00 2024-12-31 752341373 Owens & Thurman PC 3112 Sanctuary Drive Cedar Hill TX 751044500 990 2024-01-01 752137179 SOUTH DALLAS FAIR PARK INNERCITY DEVELOPMENT CORPORATION SOUT 2149159900 4907 SPRING AVENUE DALLAS TX 75210 Billy Lane Executive Director 2149159900 2026-01-21 true true Diccy Thurman CPA P01389708 2149412361 2026-01-21 2024 2025-03-06 01:10:19Z X ICDC Billy Lane 4907 Spring Avenue Dallas TX 75210 614749 false X www.icdc.biz X 1986 TX ICDC was formed for the purpose of promoting the expansion of adequate, affordable neighborhood housing and employment opportunities for low and moderate income residents of the South Dallas/Fair Park area. 12 12 8 12 0 580048 364058 209983 231172 8575 19519 0 798606 614749 0 0 200731 222349 27118 31890 31890 430200 429252 658049 683491 140557 -68742 4849390 4739863 2225226 2184441 2624164 2555422 ICDC was formed for the purpose of promoting the expansion of adequate, affordable neighborhood housing and employment opportunities for low and moderate income residents of the South Dallas/Fair Park area of Dallas and to engage in community-based planning and development activities and projects. false false 507634 231172 ICDCs Housing and Economic Development activities include the operation of Spring Plaza Business Complex, a 21,000 sf community-based retail, business and office facility that houses small business incubator spaces with coaching services available to develop, launch and/or grow micro-enterprises, and commercial tenants, along with 2 additional commercial buildings housing strategic partnerships that 1 deliver high-quality health services that are affordable to low-to-moderate income households, and 2 provide access to continuing education and training to positively impact participants economic mobility. During 2024 our Small Business Development provided nearly 20,000 in grants and in-kind professional consulting to small businesses serving South Dallas Fair Park. We dedicated eight months to visiting small business owners at their locations, gaining insights into their operations and challenges. Our focus was to reinforce the importance of being capital-ready and credit-worthy, and to provide guidance on achieving financial stability. 507634 true true false false false false false false false false true false false false true false true false false false false false 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 true 15 0 true 8 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false false true true true false true true true false X Billy Lane Executive Director 2149159900 4907 Spring Avenue Dallas TX 75210 Rev Billy Lane Executive Director 040.00 X 77750 0 11016 Dr Teresa L Jackson President 002.00 X X 0 0 0 Wanda Huckaby Vice President 002.00 X X 0 0 0 Joan Smotzer Treasurer 002.00 X X 0 0 0 Lewis Rhone Assistant Treasurer 002.00 X X 0 0 0 Jessica Jolly Recording Secretary 002.00 X X 0 0 0 Dr Verdell Marsh Parliamentarian 002.00 X X 0 0 0 Jarie Bradley Director 001.00 X 0 0 0 Stonie Arbuckle Director 001.00 X 0 0 0 Stuart Campbell Director 001.00 X 0 0 0 Tracy Forbs Director 001.00 X 0 0 0 Chris Leal Director 001.00 X 0 0 0 Danyell Wells Director 001.00 X 0 0 0 77750 11016 false false false 364058 364058 Program Rents and Related Fees 531120 231172 231172 231172 19519 19519 614749 231172 19519 0 0 0 0 77750 69975 7775 0 104399 89635 14764 3594 3149 445 16381 14354 2027 20225 17723 2502 0 0 36826 36826 0 31890 31890 0 53291 18770 34521 0 23665 19014 4651 0 0 65026 56202 8824 0 0 6336 3291 3045 22758 18540 4218 0 136922 127097 9825 27702 23488 4214 Dues and subscriptions 6546 5892 654 Other expenses 12524 10847 1677 Advertising and marketing 11693 6856 4837 Security 25963 22801 3162 0 683491 507634 143967 31890 819240 700779 665900 706969 1600 8096 64 96 5466610 2166870 3362586 3299740 24183 4849390 4739863 67699 24651 2149097 2134618 8430 25172 2225226 2184441 X 2222004 1980374 402160 575048 2624164 2555422 4849390 4739863 -68742 X false true X true false X 395644 346992 630315 580048 364058 2317057 395644 346992 630315 580048 364058 2317057 2317057 387 602 1157 8575 19519 30240 2347297 1068982 0.98710 0.99520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 345252 345252 3376734 2122587 1254147 51212 44283 6929 1693412 1693412 3299740 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Tenant Deposits and prepaid rent 5697 Operating lease liability 19475 25172 614749 614749 614749 683491 683491 683491 X X X true Cobbie Ransom III 1304 Birkenhead CT Dallas TX 75204 false 17054 Wana Alwalee 613 Via Miramonte Mesquite TX 75150 false 14836 31890 Form 990, Part VI, Section B, Line 11b - This Amended Form 990 was prepared by the independent CPA upon final completion of the annual audit. The original Form 990 was timely filed using the draft audit report that was in the review process at the time of the extended due date. This amended return reflects the few minor changes made between the time of the draft audit report and the final audit report, which has now been issued. It will be reviewed and approved by the Executive Director, Controller, and finance committee, and then circulated to all members of the governing body. Form 990, Part I, Section B, Line 12c - The organization obtains annual conflict of interest statements to regularly and consistently monitor and enforce compliance with the written conflict of interest policy. Form 990, Part VI, Section B, Line 15 - Compensation of the Executive Director is reviewed and approved by the Board of Directors. Compensation for other employees is discussed informally at the Board level as part of the budget process and approved by the Executive Director. Form 990, Part VI, Section C, Line 19 - The organization will make its governing documents, conflict of interest policy, and financial statements available to the public upon request.