Mississippi Economic Council

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

EIN: 640293716 ✦ Jackson, MS ✦ Designated as a 501(c)(6)

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Overview

What is Mississippi Economic Council?

The Mississippi Economic Council (MEC) is a prominent nonprofit organization situated in Jackson, Mississippi. With a workforce of 13 individuals, its primary mission is to foster a sense of unity among business leaders within the state. Acting as the state's chamber of commerce, MEC serves as a significant voice on issues and initiatives that contribute to the state's future in areas such as education, workforce development, business climate, and image. The organization conducts thorough investigations and polling to formulate recommendations that reflect the perspectives of its members, thereby playing a crucial role in shaping the business landscape of Mississippi.


Official website here: www.msmec.com

Is Mississippi Economic Council legitimate?

Mississippi Economic Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mississippi Economic Council submitted a form 990, 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: $281,071
Professional Fundraising Fees: $0
Other Salaries and Wages: $640,090

For more financial information, click here


Official website here: www.msmec.com

What is the mission statement of Mississippi Economic Council?

The Mississippi Economic Council, functioning as the state's chamber of commerce, strives to establish a unified business community voice across various issues and initiatives. Its focus is primarily on shaping the state's future in areas such as education, workforce development, business climate, and public image. To achieve this, the organization conducts research and makes recommendations, reflecting the perspectives of Mississippi's business leaders. In doing so, it aims to influence policies and initiatives that contribute positively to the state's overall economic growth and development.


Official website here: www.msmec.com

Who is the CEO of Mississippi Economic Council?

John S Waller is the Ceo/Presiden of Mississippi Economic Council. The CEO's salary of Mississippi Economic Council is $270,770 and their total compensation is $326,554.


Official website here: www.msmec.com

What is the revenue of Mississippi Economic Council?

Mississippi Economic Council's revenue in 2022 was $2,971,489.


Official website here: www.msmec.com

Who are the executives of Mississippi Economic Council and what are their salaries?

The average compensation at Mississippi Economic Council during 2022 was $70,859. There are 13 employees at Mississippi Economic Council.


Here are 31 key members and their salaries (Mississippi Economic Council's CEO's salary is $270,770 and their total compensation is $326,554):


John S Waller (Ceo/Presiden)
  • Compensation: $270,770
  • Related: $29,768
  • Other: $26,016
Cathy Northington (Chief Oper.)
  • Compensation: $88,977
  • Related: $88,297
  • Other: $18,302
Vickie Powell (Vp Of Founda)
  • Compensation: $17,052
  • Related: $156,349
  • Other: $17,976
Beth Kitchings (Dir. Of Memb)
  • Compensation: $119,684
  • Related: $0
  • Other: $14,377
Jeff Bowman (2Nd Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brevard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alveno Castilla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Augustus Collins (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Deviney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Dewey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Dulaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haley Fisackerly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas G Gresham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hairston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Rollins Iii (2Nd Past Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt L Holleman Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Mayo Flynt Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Taylor Iii (2Nd Past Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Yates Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack R Reed Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Lampton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Luce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Pigott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Terrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Thomasson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Waycaster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Wilkerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Williams (1St Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Wilson (1St Past Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.msmec.com

Where can I find the form 990 for Mississippi Economic Council?

Mississippi Economic Council's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.msmec.com

Learn more at the official website: www.msmec.com

Mission Statement of Mississippi Economic Council

Mississippi Economic Council, serving as the state's chamber of commerce, is dedicated to building a sense of unity within the state's business community. Its mission is multifaceted, focusing on shaping the future of Mississippi in key areas such as education, workforce development, business climate, and public image. By acting as a significant voice in these sectors, the organization strives to represent the perspectives of influential business leaders in Mississippi.

To achieve its mission, Mississippi Economic Council conducts thorough research and makes recommendations based on investigations and polling. This approach allows the organization to reflect the sentiments of the state's business community, ensuring that policies and initiatives are tailored to meet their needs and advance the overall economic growth of Mississippi. By serving as a bridge between the business sector and policymakers, Mississippi Economic Council plays a pivotal role in shaping the state's future and fostering an environment that is conducive to business success.

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Impact




October, 2024

The Mississippi Economic Council plays a vital role in fostering a sense of community among businesses throughout the state. By serving as the state chamber of commerce, it effectively amplifies the collective voice of Mississippi's business leaders on critical issues related to education, workforce development, business climate, and the overall image of the state.

Through comprehensive research, the organization identifies key concerns and opportunities within the business landscape, offering informed recommendations that reflect the perspectives of local business leaders. This process not only highlights the challenges faced by the state's economy but also promotes initiatives aimed at improvement and growth.

The Council's focus on building a cohesive business community enables collaboration among various stakeholders, enhancing the overall economic environment in Mississippi. This proactive approach facilitates the development of policies and strategies that address the needs of businesses while contributing positively to the state's future.




This information is meant to be a general summary of Mississippi Economic Council. 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
$2,971,489 (2022)
Expenses
$2,454,647 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26
  • Program Service Revenue: $2,818,626
  • Gross Receipts: $2,971,489

Assets and Liabilities:

  • Total Assets: $3,436,515
  • Total Liabilities: $450,622
  • Net Assets: $2,985,893

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$2,163,722

MEETING SPONSORSHIPS

Revenue

$480,756

MEETINGS ADMISSIONS

Revenue

$174,148

Organization Details

Founding Year

1949

Principal Officer

John S Waller

Main Address

P O BOX 23276, JACKSON, MS, 392253276

NTEE Category

Code: S40 - Community improvement

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