Civic Intelligence

Gulf Coast Business Council

EIN 20-5237349 • 501(c)6 • Gulfport, MS

Profile

The organization is organized to address the common economic and business interests of the mississippi gulf coast by identifying issues, convening resources, framing public policy, finding solutions, and working to improve the business environment and promote the economic growth and development in all of the counties on the mississippi gulf coast.

11975-d Seaway Road A120 A120Gulfport, MS 39503

www.msgcbc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

48th percentile

3.0%

Higher net margin than 48% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

7th percentile

-33%

Faster asset growth than 7% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-40%

Faster revenue growth than 4% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets38th percentile

Assets

Down

$500,342

Down $251,158 (-33%) from 2023

Liabilities

Down

$5,277

Down $260,823 (-98%) from 2023

Net Assets

Up

$495,065

Up $9,665 (+2.0%) from 2023

Operations
Liabilities / Revenue41st percentileNet Margin48th percentile

Revenue

Down

$326,589

Down $214,787 (-40%) from 2023

Expenses

Down

$316,924

Down $290,485 (-48%) from 2023

Net Income

Up

$9,665

Up $75,698 (+115%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $935,249Liabilities 2011: $321,763Net Assets 2011: $613,4862011Assets 2012: $819,048Liabilities 2012: $289,038Net Assets 2012: $530,0102012Assets 2013: $701,972Liabilities 2013: $266,356Net Assets 2013: $435,6162013Assets 2014: $638,146Liabilities 2014: $219,410Net Assets 2014: $418,7362014Assets 2015: $602,544Liabilities 2015: $207,784Net Assets 2015: $394,7602015Assets 2016: $526,267Liabilities 2016: $204,558Net Assets 2016: $321,7092016Assets 2017: $593,529Liabilities 2017: $262,800Net Assets 2017: $330,7292017Assets 2018: $678,374Liabilities 2018: $235,753Net Assets 2018: $442,6212018Assets 2019: $766,038Liabilities 2019: $305,030Net Assets 2019: $461,0082019Assets 2020: $807,594Liabilities 2020: $269,284Net Assets 2020: $538,3102020Assets 2021: $889,293Liabilities 2021: $292,814Net Assets 2021: $596,4792021Assets 2022: $862,279Liabilities 2022: $310,846Net Assets 2022: $551,4332022Assets 2023: $751,500Liabilities 2023: $266,100Net Assets 2023: $485,4002023Assets 2024: $500,342Liabilities 2024: $5,277Net Assets 2024: $495,0652024

Highlighted filing

2024

Assets$500,342
Liabilities$5,277
Net Assets$495,065
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $515,373Expenses 2011: $556,137Net Income 2011: -$40,7642011Revenue 2012: $538,882Expenses 2012: $622,358Net Income 2012: -$83,4762012Revenue 2013: $448,168Expenses 2013: $542,562Net Income 2013: -$94,3942013Revenue 2014: $430,686Expenses 2014: $447,566Net Income 2014: -$16,8802014Revenue 2015: $456,568Expenses 2015: $480,544Net Income 2015: -$23,9762015Revenue 2016: $430,602Expenses 2016: $503,653Net Income 2016: -$73,0512016Revenue 2017: $535,618Expenses 2017: $526,598Net Income 2017: $9,0202017Revenue 2018: $664,684Expenses 2018: $552,792Net Income 2018: $111,8922018Revenue 2019: $653,141Expenses 2019: $634,754Net Income 2019: $18,3872019Revenue 2020: $633,026Expenses 2020: $555,724Net Income 2020: $77,3022020Revenue 2021: $605,723Expenses 2021: $527,554Net Income 2021: $78,1692021Revenue 2022: $477,238Expenses 2022: $581,444Net Income 2022: -$104,2062022Revenue 2023: $541,376Expenses 2023: $607,409Net Income 2023: -$66,0332023Revenue 2024: $326,589Expenses 2024: $316,924Net Income 2024: $9,6652024

Highlighted filing

2024

Revenue$326,589
Expenses$316,924
Net Income$9,665
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$500,342
Liabilities
$5,277
Net assets
$495,065
Revenue
$326,589
Expenses
$316,924
Net income
$9,665
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.05$4.95$3.27$3.17$0.10
2023Summary only. Only limited summary data is available for this year.$7.52$2.66$4.85$5.41$6.07$0.66
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.62$3.11$5.51$4.77$5.81$1.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.89$2.93$5.96$6.06$5.28$0.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.08$2.69$5.38$6.33$5.56$0.77
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.66$3.05$4.61$6.53$6.35$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.78$2.36$4.43$6.65$5.53$1.12
2017Summary only. Only limited summary data is available for this year.$5.94$2.63$3.31$5.36$5.27$0.09
2016Summary only. Only limited summary data is available for this year.$5.26$2.05$3.22$4.31$5.04$0.73
2015Detailed filing. Detailed filing data is available for this year.$6.03$2.08$3.95$4.57$4.81$0.24
2014Summary only. Only limited summary data is available for this year.$6.38$2.19$4.19$4.31$4.48$0.17
2013Summary only. Only limited summary data is available for this year.$7.02$2.66$4.36$4.48$5.43$0.94
2012Summary only. Only limited summary data is available for this year.$8.19$2.89$5.30$5.39$6.22$0.83
2011Summary only. Only limited summary data is available for this year.$9.35$3.22$6.13$5.15$5.56$0.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$326,589
Mission and Program Overview

Mission

The organization is organized to address the common economic and business interests of the mississippi gulf coast by identifying issues, convening resources, framing public policy, finding solutions, and working to improve the business environment and promote the economic growth and development in all of the counties on the mississippi gulf coast.

To promote economic development on the mississippi gulf coast.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$485,400$495,065▲ $9,665
Savings and Temporary Cash Investments$558,784$417,376▼ $141,408
Accounts Receivable$126,313$65,595▼ $60,718
Cash and Non-Interest-Bearing Accounts$66,403$17,371▼ $49,032
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$751,500$500,342▼ $251,158
Liabilities
Deferred Revenue$250,612--
Other Liabilities$15,488$5,277▼ $10,211
Total Liabilities$266,100$5,277▼ $260,823
Net Assets / Fund Balance
Total Net Assets Fund Balance$485,400$495,065▲ $9,665
Total Liabilities and Net Assets / Fund Balance$751,500$500,342▼ $251,158

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$29,597$29,597
Equipment$0$22,035$22,035
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Kari WilkinsonChairman
William YatesPast Chairman
Jamie MillerPresident & CEO
Alan SudduthBoard Member
Allison BuchananBoard Member
Allison HawkinsBoard Member
Andy RatcliffBoard Member
Angelyn ZeringueBoard Member
Angie JuzangBoard Member
Angie KothmanBoard Member
Blake KaplanBoard Member
Brent FairleyBoard Member
Brittany BlacklidgeBoard Member
Casey HillBoard Member
Christen DuheBoard Member
Craig BiddingtonBoard Member
Cree CantrellBoard Member
Dr Cassandra ConnerBoard Member
Eric KravetteBoard Member
Giff OrmesBoard Member
Gregory CapranicaBoard Member
Jeff BertucciBoard Member
Jonathan WoodwardBoard Member
Judy YoungBoard Member
Keith BlystoneBoard Member
Kenneth YarrowBoard Member
Kimberly NastasiBoard Member
Pam MeizingerBoard Member
Pam MoellerBoard Member
Rick WilliamsBoard Member
Ron JenkinsBoard Member
Chuck BenvenuttiSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$317,686
Program Service Revenue
$0
Investment Income
$8,566
Other Revenue
$337
All Other Contributions
$86,294
Change in Net Assets
$9,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$207,999
Other Expenses$108,925
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$102,500
Other Salaries and Wages---$62,541
Conferences and Meetings---$46,955
Other Employee Benefits---$29,034
Payroll Taxes---$13,924
Office Expenses---$13,141
Fees for Services Other---$11,065
Occupancy---$9,453
Fees for Services Accounting---$4,906
Travel---$3,659
Fees for Services Legal---$3,077
Insurance---$2,236
Information Technology---$1,707
Other Expenses---$240
All Other Expenses---$108
Interest---$29
Total Functional Expenses$0$0$0$316,924
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$30,611
Current Year Nondeductible Lobbying and Political Cost$1,100
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Brent FairleyBankingBrent Fairley Is an Executive of Hancock Whitney, With Whom the Organization Does Banking Business.No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Deductions Payable$3,185
Credit Card Payable$887
Pac Contributions Payable$840
Payroll Taxes Payable$365
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board member brent fairley is an executive with hancock whitney, with whom the organization does banking business.”

Form 990, Part VI, Section A, Line 6

“Members pay dues to gulf coast business council to support the organization's purposes.”

Form 990, Part VI, Section A, Line 7B

“The executive committee selects new board members which are approved by the general membership.”

Form 990, Part VI, Section B, Line 11B

“The board reviews the reports at regular monthly meetings.”

Form 990, Part VI, Section B, Line 12C

“An annual review is performed.”

Form 990, Part VI, Section B, Line 15A

“The board of directors, through its chairman, reviews the performance of the president and considers comparable salary structures of similar organizations.”

Form 990, Part VI, Section C, Line 19

“Documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Gulf Coast Business Council
EIN
20-5237349
Phone
2288972020
Address
11975-D SEAWAY ROAD A120 A120, GULFPORT, MS 39503

Signing Officer

Name
Charles B Benvenutti
Title
Treasurer
Phone
2284671402
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James M Miller
Formed
2006
Legal Domicile
Ms
Voting Board Members
31
Independent Board Members
31
Employees
0
Volunteers
0

Preparer

Firm
Alexander Van Loon Sloan Levens & Favre
Address
399 HIGHWAY 90, BAY ST LOUIS, MS 39520
Preparer
Jerry W Favre CPA Citp
Phone
2284671402
Raw XML AppendixShowing 400 of 525 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Desc0DEVELOPED STRATEGIC COMMUNICATION EFFORTS TO; CREATE CONSENSUS AND FAVORABLE PERCEPTIONS FOR INITIATIVES; IDENTIFY TARGET AUDIENCES AND APPROPRIATELY CLASSIFY THEIR PERCEPTIONS; DETERMINE PUBLIC PERCEPTION OF RELEVANT POLICY ISSUES AND EVALUATE APPROPRIATE MEASURES OF COMMUNICATION FOR EACH ISSUE; ESTABLISH CLEAR LINES OF COMMUNICATION WITH MEMBERS, THE GENERAL PUBLIC, PUBLIC OFFICIALS, AND PROFESSIONAL MEDIA OUTLETS. THIS WAS ACCOMPLISHED THRU OUR ON-LINE WEBSITE, MEDIA PRESS RELEASES AND INTERVIEWS FOR LOCAL, REGIONAL AND NATIONAL MEDIA OUTLETS, DISTRIBUTION OF PERIODIC E-MAILS, DISTRIBUTION OF REPORTS AND VARIOUS PUBLICATIONS, AND PUBLIC SPEAKING, INTERVIEWS AND PRESENTATIONS.
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IRS990/Form990PartVIISectionAGrp/PersonNm15ERIC KRAVETTE
IRS990/Form990PartVIISectionAGrp/PersonNm16PAM MEIZINGER
IRS990/Form990PartVIISectionAGrp/PersonNm17KIMBERLY NASTASI
IRS990/Form990PartVIISectionAGrp/PersonNm18RICK WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm19ANDY RATCLIFF
IRS990/Form990PartVIISectionAGrp/PersonNm20JONATHAN WOODWARD
IRS990/Form990PartVIISectionAGrp/PersonNm21ALAN SUDDUTH
IRS990/Form990PartVIISectionAGrp/PersonNm22KENNETH YARROW
IRS990/Form990PartVIISectionAGrp/PersonNm23BLAKE KAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm24PAM MOELLER
IRS990/Form990PartVIISectionAGrp/PersonNm25GIFF ORMES
IRS990/Form990PartVIISectionAGrp/PersonNm26JUDY YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm27ANGELYN ZERINGUE
IRS990/Form990PartVIISectionAGrp/PersonNm28JAMIE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm29KARI WILKINSON
IRS990/Form990PartVIISectionAGrp/PersonNm30WILLIAM YATES
IRS990/Form990PartVIISectionAGrp/PersonNm31CHUCK BENVENUTTI
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IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt29CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt30PAST CHAIRMAN
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IRS990/MissionDesc0THE ORGANIZATION IS ORGANIZED TO ADDRESS THE COMMON ECONOMIC AND BUSINESS INTERESTS OF THE MISSISSIPPI GULF COAST BY IDENTIFYING ISSUES, CONVENING RESOURCES, FRAMING PUBLIC POLICY, FINDING SOLUTIONS, AND WORKING TO IMPROVE THE BUSINESS ENVIRONMENT AND PROMOTE THE ECONOMIC GROWTH AND DEVELOPMENT IN ALL OF THE COUNTIES ON THE MISSISSIPPI GULF COAST.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED ACCURATE RESEARCH AND SOUND POLICY POSITIONS. PUBLISHED A QUARTERLY REGIONAL BRIEF CONTAINING STATISTICS AND COMMENTARY RELATIVE TO THE EVENTS AND NEWS THAT SHAPED THE MISSISSIPPI GULF COAST ECONOMY DURING THE PRECEDING QUARTER AND PROVIDES INFORMATION AND INSIGHT ON VARIOUS ECONOMIC SECTORS AND ISSUES SUCH AS HOUSING, TOURISM, HEALTHCARE, AND INFRASTRUCTURE. CONDUCTED A QUARTERLY CEO AND BUSINESS OWNER CONFIDENCE SURVEY TO GAUGE THE CONFIDENCE AND EXPECTATIONS OF REGIONAL BUSINESSES. THIS AND OTHER RESEARCH REPORTS AND ANALYSIS HAVE BEEN DEVELOPED AND PUBLISHED ON OUR WEBSITE AND DISTRIBUTED TO MEMBERS, MEDIA STAKEHOLDERS, AND E-MAIL RECEIPIENTS. THE GCBC CONTINUES TO WORK WITH LOCAL TOURISM STAKEHOLDERS,COMMUNITY LEADERS, AND ELECTED OFFICIALS ON ITS PREMIER DESTINATION TOURISM INITIATIVE.
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORTED CIVIC ENGAGEMENTS AND PROGRAMS OF WORK. A LEGISLATIVE ROUNDTABLE IS HELD ANNUALLY FOR STATE LEGISLATORS WHO REPRESENT OUR REGION IN STATE GOVERNMENT TO ALLOW OUR REPRESENTATIVES AND SENATORS TO DIALOGUE WITH OUR MEMBERS AND LOCAL GOVERNMENT OFFICIALS ABOUT IMPORTANT ISSSUES WHICH WILL BE CONSIDERED IN THE UPCOMING LEGISLATIVE SESSION. THE BUSINESS COUNCIL WILL PERIODICALLY HOST FORUMS OR CO-SPONSOR MEETINGS OUTSIDE OF ITS REGULAR MEETINGS TO EXPLORE PARTICULAR TOPICS RELEVANT TO THE REGION.
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