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East Mississippi Business Development Fo

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200178999 ✦ Meridian, MS ✦ Designated as a 501(c)(3)

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Overview

What is East Mississippi Business Development Fo?

The East Mississippi Business Development Foundation, situated in Meridian, Mississippi, is a dedicated economic development organization. Its primary mission is to stimulate the revitalization and expansion of the downtown and rural regions of Lauderdale County. The organization also works tirelessly to combat the deterioration of these areas within the community. By promoting redevelopment and new development, the East Mississippi Business Development Foundation contributes to the overall improvement and growth of the region.

Is East Mississippi Business Development Fo legitimate?

East Mississippi Business Development Fo is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Mississippi Business Development Fo submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of East Mississippi Business Development Fo?

The East Mississippi Business Development Foundation is a mission-oriented economic development organization with a primary focus on revitalizing and fostering new growth in the downtown and rural areas of a specific county. Its objective extends beyond just development; it also aims to combat overall community deterioration in these areas.

What is the revenue of East Mississippi Business Development Fo?

East Mississippi Business Development Fo's revenue in 2024 was $91,949.

Who are the executives of East Mississippi Business Development Fo and what are their salaries?

Here are 11 key members and their salaries:


Brad Huff (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Wile (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandye Latimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Morgan Mims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Ransier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soraya Welden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Farley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for East Mississippi Business Development Fo?

East Mississippi Business Development Fo's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of East Mississippi Business Development Fo

The East Mississippi Business Development Foundation, an economic development organization based in Mississippi, is dedicated to its mission. Its primary objective is to stimulate the redevelopment and creation of new businesses in the downtown and rural areas of Lauderdale County. The organization's efforts are also geared towards combating the overall deterioration of these communities. By promoting development and combating decay, the East Mississippi Business Development Foundation aims to contribute positively to its local community.

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Impact




October, 2024

The East Mississippi Business Development Foundation significantly impacts the region by driving economic growth and revitalization efforts in both downtown and rural areas of Lauderdale County. Through targeted initiatives, the organization effectively addresses community deterioration, fostering an environment conducive to new developments and the redevelopment of existing structures. By focusing on enhancing the local economy, the foundation helps create jobs, attract investments, and improve the quality of life for residents. Its commitment to strategic planning and community engagement positions the foundation as a key player in transforming Meridian and its surrounding areas into thriving hubs of opportunity and activity.




This information is meant to be a general summary of East Mississippi Business Development Fo. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$91,949 (2024)
Expenses
$107,730 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $623
  • Program Service Revenue: $26,210
  • Gross Receipts: $91,949

Assets and Liabilities:

  • Total Assets: $142,160
  • Total Liabilities: $13,207
  • Net Assets: $128,953

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Organization Details

NTEE Category

Code: S32 - Community improvement

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