Overview
What is Mississippi Prison Industries Corporation?
Mississippi Prison Industries Corporation, located at 663 North State Street, Jackson, MS 39202, is a nonprofit organization with a mission to rehabilitate inmates by offering them realistic work experiences. This is achieved by providing employment skills, aiming to foster economic self-sufficiency upon release, reduce recidivism, and decrease the overall costs of government. The corporation carries out this mission by manufacturing items for resale, utilizing program service expenses. With a team of 37 employees, the organization operates within Mississippi state correctional institutions, contributing to the reintegration of inmates into society.
Official website here: www.mpic.net
Is Mississippi Prison Industries Corporation legitimate?
Mississippi Prison Industries Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Prison Industries Corporation 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: $119,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,545,988
For more financial information, click here
Official website here: www.mpic.net
What is the mission statement of Mississippi Prison Industries Corporation?
The Mississippi Prison Industries Corporation's mission is centered around providing realistic work experiences to adult offenders residing within Mississippi's correctional institutions. Their primary goal is to equip these individuals with employment skills, aiming to foster economic self-sufficiency upon release. By doing so, they aim to reduce recidivism rates and ultimately decrease overall governmental costs. The organization achieves this mission through various program services, which include manufacturing items for resale, using the expenses for carrying out their exempt purpose of rehabilitating inmates.
Official website here: www.mpic.net
Who is the CEO of Mississippi Prison Industries Corporation?
Scott Parenteau is the Chair of Mississippi Prison Industries Corporation. The CEO's salary of Mississippi Prison Industries Corporation is $0 and their total compensation is $0.
Official website here: www.mpic.net
What is the revenue of Mississippi Prison Industries Corporation?
Mississippi Prison Industries Corporation's revenue in 2021 was $5,140,443.
Official website here: www.mpic.net
Who are the executives of Mississippi Prison Industries Corporation and what are their salaries?
The average compensation at Mississippi Prison Industries Corporation during 2021 was $45,022. There are 37 employees at Mississippi Prison Industries Corporation.
Here are 10 key members and their salaries (Mississippi Prison Industries Corporation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.mpic.net
Where can I find the form 990 for Mississippi Prison Industries Corporation?
Mississippi Prison Industries Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.mpic.net
Learn more at the official website: www.mpic.net
Mission Statement of Mississippi Prison Industries Corporation
Mississippi Prison Industries Corporation, a notable entity, is committed to providing realistic work experiences to sentenced adult offenders residing within Mississippi's state correctional institutions. The organization's primary mission is to equip these offenders with employment skills, aiming to foster economic self-sufficiency upon their release and subsequently reduce recidivism rates. Moreover, Mississippi Prison Industries Corporation strives to decrease overall governmental costs by providing these work opportunities within the confines of correctional facilities. The corporation accomplishes this mission by utilizing program service expenses to manufacture items for resale, which is an integral part of rehabilitating inmates.
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Impact
October, 2024
The Mississippi Prison Industries Corporation plays a crucial role in the rehabilitation of sentenced, adult offenders by providing them with realistic work experience within state correctional institutions. By equipping inmates with essential employment skills, the organization aims to promote economic self-sufficiency upon their release. This not only helps the individuals reintegrate into society successfully but also contributes to a significant reduction in recidivism rates, ultimately benefiting the community at large.
Additionally, the corporation focuses on lowering the overall costs of government associated with incarceration by enabling inmates to work in manufacturing various items for resale. This program effectively transforms the correctional experience from one of mere confinement to an opportunity for personal growth and development, fostering a sense of responsibility and purpose among participants. Overall, the Mississippi Prison Industries Corporation's impact extends beyond the prison walls, supporting a safer society and encouraging successful transitions for former inmates.
This information is meant to be a general summary of Mississippi Prison Industries Corporation. 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 2021.
- Investment Income: $1,015
- Gross Receipts: $7,777,028
Assets and Liabilities:
- Total Assets: $8,578,858
- Total Liabilities: $5,523,782
- Net Assets: $3,055,076
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Organization Details
Founding Year
1990
Principal Officer
Scott Parenteau
Main Address
663 NORTH STATE STREET, JACKSON, MS, 39202
Website
www.mpic.netNTEE Category
Code: I400 - Crime
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