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The Montgomery Institute

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

EIN: 640932080 ✦ Meridian, MS ✦ Designated as a 501(c)(3)

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Overview

What is The Montgomery Institute?

The Montgomery Institute is a nonprofit organization situated in Meridian, Mississippi. Its primary mission is to support community building programs in the eastern portion of Mississippi and the western portion of Alabama, with a focus on revitalizing or stabilizing low- to moderate-income geographies and underserved areas. It achieves this goal through various initiatives, including leadership and workforce development, strategic thinking and analysis, and information dissemination. The organization provides strategic analysis services to local community organizations, coordinates research sessions with healthcare providers, and disseminates public health information to boost COVID-19 vaccine confidence. Additionally, it offers support to the Meridian Freedom Project and the Kemper, Neshoba, and Noxubee Counties tobacco-free coalition program. The Community Health Improvement Network, sponsored by The Montgomery Institute, educates the underserved population through Lunch & Learn events using data gathered from local hospitals.


Official website here: www.tmi.ms

Is The Montgomery Institute legitimate?

The Montgomery Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Montgomery Institute 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: $186,499

For more financial information, click here


Official website here: www.tmi.ms

What is the mission statement of The Montgomery Institute?

The Montgomery Institute, a nonprofit organization, is established with charitable and educational purposes, as outlined in Section 501C)(3) of the Internal Revenue Code. Its mission is to educate, train, and inform citizen leaders who can then instigate, nurture, promote, coordinate, and assist in the formation, direction, and execution of community-building initiatives. The focus is on underserved or distressed nonmetropolitan middle-income areas, primarily in the eastern portion of Mississippi and western portion of Alabama. The aim is to revitalize or stabilize low- or moderate-income geographies, contributing to the upbuilding of these communities.


Official website here: www.tmi.ms

What is the revenue of The Montgomery Institute?

The Montgomery Institute's revenue in 2023 was $271,637.


Official website here: www.tmi.ms

Who are the executives of The Montgomery Institute and what are their salaries?

The average compensation at The Montgomery Institute during 2023 was $62,166. There are 3 employees at The Montgomery Institute.

Here are 7 key members and their salaries:


Michael Dudley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soraya Weldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Archie Mcdonnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Alford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cd Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Huff (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly J Knox (President)
  • Compensation: $52,000
  • Related: $0
  • Other: $0


Official website here: www.tmi.ms

Where can I find the form 990 for The Montgomery Institute?

The Montgomery Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tmi.ms

Learn more at the official website: www.tmi.ms

Mission Statement of The Montgomery Institute

The Montgomery Institute, a nonprofit organization, is established with the primary purpose of supporting community building programs in the eastern portion of Mississippi and the western portion of Alabama. This organization's mission is twofold. Firstly, it aims to educate, train, and inform citizen leaders. These leaders, once equipped with the necessary skills and knowledge, can then initiate, nurture, promote, coordinate, and assist in the formation, direction, and execution of undertakings that contribute to the upbuilding of communities in the designated regions.

Secondly, The Montgomery Institute focuses on activities that revitalize or stabilize low- or moderate-income geographies and distressed or underserved nonmetropolitan middle-income geographies. These geographies are identified by the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. By carrying out these activities, the organization aims to uplift these communities, ultimately enhancing their overall well-being and development.

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Impact




October, 2024

The Montgomery Institute significantly impacts the communities of East Mississippi and West Alabama through its commitment to leadership and workforce development, strategic thinking, and information dissemination. By offering strategic thinking and analysis services to local organizations, it promotes innovative programs that improve healthcare outcomes. The establishment and operation of the Community Health Improvement Network illustrate this approach, facilitating coordinated research and planning among healthcare providers and community leaders to address regional health issues.

One of the Institute's notable efforts includes the dissemination of accurate public health information, particularly regarding the COVID-19 vaccine, which aims to enhance vaccine confidence. This initiative is complemented by the tobacco-free coalition program, which actively shares anti-tobacco messaging with students across multiple counties. The use of a robust website (www.tmi.ms) further ensures that citizens and community leaders have access to vital information.

In terms of resource gathering, The Montgomery Institute has successfully secured grants and contributions to support various initiatives. These efforts include community health education events tailored for underserved populations, demonstrating a strong focus on improving health and social conditions for low- to moderate-income individuals.

Through programs like the Meridian Freedom Project, the organization has directly provided support and services to students from both public and private schools, fostering a foundation for community engagement and growth. By addressing the needs of distressed or underserved areas, The Montgomery Institute plays a crucial role in revitalizing local economies and improving the quality of life for residents in the region.




This information is meant to be a general summary of The Montgomery Institute. 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
$271,637 (2023)
Expenses
$259,301 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $71,830
  • Program Service Revenue: $3,223
  • Gross Receipts: $271,637

Assets and Liabilities:

  • Total Assets: $2,026,606
  • Total Liabilities: $14,188
  • Net Assets: $2,012,418

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Programs

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

PROGRAM FEE INCOME
0

Revenue

$3,223

Organization Details

Founding Year

2001

Principal Officer

Beverly J Knox

Website

www.tmi.ms

NTEE Category

Code: S20 - Community improvement

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