Mississippi Main Street Association Inc

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

EIN: 640758649 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Mississippi Main Street Association Inc?

Mississippi Main Street Association Inc is a nonprofit organization dedicated to preserving and revitalizing historic downtowns and districts across the state of Mississippi. During the 2022-2023 fiscal year, they provided community services to 48 designated member programs. These services included consultations, program services, and on-site visits, focusing on organization, promotion, design, and economic vitality. The association offers design guidance, education in historic preservation, market analysis, retail training, and festival development, among other services. In addition, they offer grant development and administration, fostering partnerships with various funding sources to support their mission. Mississippi Main Street Association Inc celebrated several new associate members and awarded community development grants to revitalize historic business districts. Their efforts have resulted in significant economic impact, generating new businesses, jobs, and investments.


Official website here: www.msmainstreet.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% Four-Star out of Four Star Rating

The Mississippi Main Street Association Inc has received a notable 93% rating from Charity Navigator, indicating a strong performance in accountability and finance. This organization demonstrates exceptional governance practices, with a fully independent board and robust financial management practices that ensure transparency and appropriate oversight.

The accountability and finance score of 93% reflects the organization's commitment to maintaining high standards, as evidenced by their lack of material asset diversion and compliance with best practices such as having a conflict of interest policy and documented board meeting minutes. Furthermore, a significant portion of their expenses is allocated to programs, showcasing their dedication to mission-driven work.

In addition to financial accountability, the organization scored 100% in culture and community aspects, highlighting their effective feedback collection and usage practices. This strong engagement with stakeholders suggests that the Mississippi Main Street Association values community input and actively incorporates it into their operations, further strengthening their organizational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Mississippi Main Street Association Inc?

96% of 19 reviewers on Facebook recommend the Mississippi Main Street Association Inc. Here is a summary of their reviews: Many supporters appreciate the organization’s dedication to promoting and enhancing the beauty of their communities throughout Mississippi.

The positive sentiment is reflected in comments highlighting their successful initiatives and the positive impact on local areas. Users feel that the association plays a vital role in revitalizing neighborhoods and fostering community pride.

Overall, the feedback suggests a strong endorsement from those who have experienced their work, indicating that the organization is effectively fulfilling its mission and making a difference in the state’s communities.


This AI summary has been generated from reviews found on Facebook.

Is Mississippi Main Street Association Inc legitimate?

Mississippi Main Street Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Main Street Association 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: $112,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,315

For more financial information, click here


Official website here: www.msmainstreet.com

What is the mission statement of Mississippi Main Street Association Inc?

The Mississippi Main Street Association Inc's mission is centered around preserving and revitalizing historic downtowns and districts across the state. Acting as a catalyst, the organization strives to stimulate economic growth in these areas through various community services. These services include design guidance, market analysis, director and board member training, communications and marketing opportunities, retail assistance, festival development, volunteer training, budget development, economic development projects, and business recruitment assistance. The Association provides on-site visits and services to local program directors annually and offers training, events, and webinars to support their efforts. In the 2022-2023 fiscal year, the organization expanded its network by welcoming new associate members and awarded community development grants to incentivize downtown revitalization projects.


Official website here: www.msmainstreet.com

Who is the CEO of Mississippi Main Street Association Inc?

Thomas Gregory is the Treasurer of Mississippi Main Street Association Inc.


Official website here: www.msmainstreet.com

What is the revenue of Mississippi Main Street Association Inc?

Mississippi Main Street Association Inc's revenue in 2023 was $916,233.


Official website here: www.msmainstreet.com

Who are the executives of Mississippi Main Street Association Inc and what are their salaries?

The average compensation at Mississippi Main Street Association Inc during 2023 was $62,456. There are 5 employees and 21 volunteers at Mississippi Main Street Association Inc.


Here are 22 key members and their salaries:


Chris Hinton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Fairley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Mcadams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Massey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomeka Durr-Wiley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rosenblatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Tucker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken P'Pool (Board Member Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Sutton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Kemp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Climer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlo Dorsey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Charboneau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kelly (Board Member Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Chain (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Sowell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chance Mcdavid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Reeves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandy Hegwood (Boad Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelle Barfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gregory (State Coordinator)
  • Compensation: $89,571
  • Related: $0
  • Other: $4,761


Official website here: www.msmainstreet.com

Where can I find the form 990 for Mississippi Main Street Association Inc?

Mississippi Main Street Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.msmainstreet.com

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

Mission Statement of Mississippi Main Street Association Inc

Mississippi Main Street Association Inc is dedicated to preserving and revitalizing historic downtowns and districts throughout the state. This nonprofit organization serves as a catalyst for community development, providing a range of services to assist its 48 member programs. These services include consultations, program support, and training in areas such as design, marketing, and economic development. The association aims to help local communities revitalize their downtown areas, focusing on organization, promotion, design, and economic vitality. Through its efforts, Mississippi Main Street Association Inc has seen significant growth and impact, with 495 new businesses, 841 new jobs, and over $160 million in private investment generated in 2022 alone. The organization's work has been recognized with numerous awards, further underscoring its commitment to promoting prosperity and revitalization in Mississippi's historic downtowns.

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Impact




July, 2024

Mississippi Main Street Association Inc is a key player in the preservation and revitalization of Mississippi's historic downtowns and districts. Through its community services and programs, MMSA assists 48 designated member programs across the state in implementing the Main Street approach to downtown revitalization. These services include design assistance, market analysis, training, economic development projects, and business recruitment, among others.

In the 2022-2023 fiscal year, MMSA continued to provide support and guidance to its member communities, despite the challenges posed by the COVID-19 pandemic. The organization welcomed new associate members and awarded community development grants to incentivize development and revitalization in historic downtown business districts. Additionally, MMSA was recognized for its planning work and received several awards for its contributions to economic development in Mississippi.

Overall, Mississippi Main Street Association Inc's impact can be seen in the significant economic outcomes generated by its member programs, including the creation of new businesses and jobs, business expansions, downtown living units, private investments, and volunteer hours. Through its mission-driven initiatives, MMSA contributes to the overall improvement and vibrancy of Mississippi's communities.




This information is meant to be a general summary of Mississippi Main Street Association 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.

Revenue
$916,233 (2023)
Expenses
$979,842 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $700
  • Program Service Revenue: $35,861
  • Gross Receipts: $916,233

Assets and Liabilities:

  • Total Assets: $328,380
  • Total Liabilities: $27,500
  • Net Assets: $300,880

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Programs

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

PROGRAM SERVICE REVENU

Revenue

$35,861

Organization Details

Founding Year

1987

Principal Officer

Thomas Gregory

Main Address

P O BOX 55747, JACKSON, MS, 39296

NTEE Category

Code: S20 - Community improvement

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