Overview
What is Central Mississippi Inc?
Central Mississippi Inc, situated in Winona, Mississippi, is a nonprofit organization renowned for its dedication to serving the underprivileged community. With a team of 37 dedicated individuals, it focuses on providing essential services to the elderly, disabled, and economically disadvantaged residing within a seven-county area. Its offerings encompass various forms of assistance, including financial aid for utilities, mortgages, or rent, educational support, and help with securing food and necessary medications. The organization's mission is to empower these individuals, ensuring they have access to the resources they need to maintain a decent quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Central Mississippi Inc has earned a Three-Star rating from Charity Navigator, reflecting its strong focus on accountability and finance. The organization scored particularly well in areas such as having a fully independent board and robust financial oversight practices. These strengths contribute to a solid operational foundation, reassuring donors about the organization's governance and financial health.
The nonprofit demonstrated a remarkable program expense ratio of 97.01%, indicating that a significant portion of its funds directly supports its programs and services. This high ratio suggests that Central Mississippi Inc is effectively utilizing its resources to fulfill its mission and serve its community. Additionally, policies regarding conflicts of interest and whistleblower protections are in place, further highlighting its commitment to ethical standards.
However, the organization did face some challenges, notably in its liabilities to assets ratio, which received a low score of 0 out of 15. This could indicate concerns about its financial stability or reliance on external funding. Overall, while Central Mississippi Inc shows commendable strengths in accountability and program spending, potential donors may want to consider its financial liabilities when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Central Mississippi Inc legitimate?
Central Mississippi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Mississippi Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $850,281
For more financial information, click here
What is the mission statement of Central Mississippi Inc?
Central Mississippi Inc, a non-profit organization, is committed to serving the elderly, disabled, and disadvantaged residing within a seven-county region. Their mission encompasses providing essential aid in various aspects of life, including utility assistance, mortgage or rental aid, educational support, and help with obtaining food and medication. Through the Community Service Block Grant(CSBG), the organization offers training, referrals, and assistance to low-income families in need, contributing to their overall well-being.
Who is the CEO of Central Mississippi Inc?
Pamlea Gary is the CEO of Central Mississippi Inc The CEO's salary of Central Mississippi Inc is $135,943 and their total compensation is $153,465.
What is the revenue of Central Mississippi Inc?
Central Mississippi Inc's revenue in 2023 was $6,278,692.
Who are the executives of Central Mississippi Inc and what are their salaries?
The average compensation at Central Mississippi Inc during 2023 was $27,428. There are 31 employees at Central Mississippi Inc.
Here are 15 key members and their salaries (Central Mississippi Inc's CEO's salary is $135,943 and their total compensation is $153,465):
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- Compensation: $135,943
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- Other: $17,522
- Compensation: $14,077
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Where can I find the form 990 for Central Mississippi Inc?
Central Mississippi Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Central Mississippi Inc
Central Mississippi Inc, a nonprofit organization, is dedicated to serving the elderly, disabled, and disadvantaged residing within a seven-county area. Its mission is multi-faceted, encompassing the provision of essential services to those in need. These services include offering assistance with utilities, providing mortgage or rental aid, and offering educational support. Furthermore, Central Mississippi Inc extends a helping hand with food and medicine, ensuring that the most vulnerable members of their community have access to these fundamental necessities. The organization achieves this mission through various means, including training, referrals, and direct assistance, all aimed at uplifting low-income families in their time of need. The Community Service Block Grant (CSBG) plays a significant role in Central Mississippi Inc's operations, supporting its efforts to help families overcome challenges and improve their lives.
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Impact
July, 2024
Central Mississippi Inc's impact is significant in providing crucial services to the elderly, disabled, and disenfranchised individuals in a seven-county area. They offer assistance with utilities, mortgage/rent, education, and essential needs like food and medicine. Through the Community Services Block Grant program, they provide training, referrals, and support to low-income families in need. Their work in Winona, Mississippi, contributes directly to improving the lives of those facing economic challenges, ensuring they have access to vital resources and support.
This information is meant to be a general summary of Central Mississippi Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $288,361
- Gross Receipts: $6,278,692
Assets and Liabilities:
- Total Assets: $2,008,635
- Total Liabilities: $1,537,923
- Net Assets: $470,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Local Cash Match
Revenue
$288,361
Organization Details
Founding Year
1965
Principal Officer
Pamela Gary
NTEE Category
Code: P200 - Human services
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