Civic Intelligence

Mississippi Economic Development Council

EIN 64-0684730 • 501(c)6 • Jackson, MS

Profile

The medc serves as the voice for mississippi's economic/community development and chamber of commerce professionals and their constituencies. Through collaboration with other local, state and national entities, medc establishes and advocates mississippi's economic and community development agenda. We serve our members and this agenda by fostering a network of trained professionals and serving as the primary resource for information and strategies for economic and community development and the promotion of commerce. Our purpose is to improve mississippi's communities through development of their resources.

PO Box 1637Jackson, MS 39215

www.medc.ms

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

38th percentile

0.01x

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

501(c)6 • $500k-$1M nonprofits • Source year 2025

Net Margin

45th percentile

1.8%

Higher net margin than 45% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

1.7%

Faster asset growth than 44% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

17th percentile

-8.0%

Faster revenue growth than 17% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets37th percentile

Assets

Up

$592,461

Up $9,913 (+1.7%) from 2024

Liabilities

Up

$5,439

Up $810 (+17%) from 2024

Net Assets

Up

$587,022

Up $9,103 (+1.6%) from 2024

Operations
Liabilities / Revenue38th percentileNet Margin45th percentile

Revenue

Down

$514,727

Down $45,018 (-8.0%) from 2024

Expenses

Down

$505,624

Down $3,094 (-0.6%) from 2024

Net Income

Down

$9,103

Down $41,924 (-82%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

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

$600K$400K$200K$0Assets 2011: $337,414Liabilities 2011: $21,766Net Assets 2011: $315,6482011Assets 2012: $371,684Liabilities 2012: $22,494Net Assets 2012: $349,1902012Assets 2013: $344,792Liabilities 2013: $3,481Net Assets 2013: $341,3112013Assets 2014: $349,202Liabilities 2014: $0Net Assets 2014: $349,2022014Assets 2015: $346,860Liabilities 2015: $378Net Assets 2015: $346,4822015Assets 2016: $372,350Liabilities 2016: $900Net Assets 2016: $371,4502016Assets 2017: $320,410Liabilities 2017: $1,853Net Assets 2017: $318,5572017Assets 2018: $327,865Liabilities 2018: $5,695Net Assets 2018: $322,1702018Assets 2019: $319,051Liabilities 2019: $1,318Net Assets 2019: $317,7332019Assets 2020: $449,942Liabilities 2020: $675Net Assets 2020: $449,2672020Assets 2021: $426,255Liabilities 2021: $1,707Net Assets 2021: $424,5482021Assets 2022: $474,490Liabilities 2022: $2,449Net Assets 2022: $472,0412022Assets 2023: $530,526Liabilities 2023: $3,637Net Assets 2023: $526,8892023Assets 2024: $582,548Liabilities 2024: $4,629Net Assets 2024: $577,9192024Assets 2025: $592,461Liabilities 2025: $5,439Net Assets 2025: $587,0222025

Highlighted filing

2025

Assets$592,461
Liabilities$5,439
Net Assets$587,022
Open 2025 Filing

Operations Trend

Revenue Growth17th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $348,618Expenses 2011: $313,685Net Income 2011: $34,9332011Revenue 2012: $316,779Expenses 2012: $283,237Net Income 2012: $33,5422012Revenue 2013: $371,154Expenses 2013: $402,073Net Income 2013: -$30,9192013Revenue 2014: $493,052Expenses 2014: $485,161Net Income 2014: $7,8912014Revenue 2015: $474,675Expenses 2015: $477,395Net Income 2015: -$2,7202015Revenue 2016: $458,421Expenses 2016: $433,453Net Income 2016: $24,9682016Revenue 2017: $392,216Expenses 2017: $445,109Net Income 2017: -$52,8932017Revenue 2018: $455,247Expenses 2018: $451,634Net Income 2018: $3,6132018Revenue 2019: $475,155Expenses 2019: $479,592Net Income 2019: -$4,4372019Revenue 2020: $472,543Expenses 2020: $341,009Net Income 2020: $131,5342020Revenue 2021: $451,062Expenses 2021: $475,781Net Income 2021: -$24,7192021Revenue 2022: $517,172Expenses 2022: $469,679Net Income 2022: $47,4932022Revenue 2023: $510,489Expenses 2023: $455,641Net Income 2023: $54,8482023Revenue 2024: $559,745Expenses 2024: $508,718Net Income 2024: $51,0272024Revenue 2025: $514,727Expenses 2025: $505,624Net Income 2025: $9,1032025

Highlighted filing

2025

Revenue$514,727
Expenses$505,624
Net Income$9,103
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$592,461
Liabilities
$5,439
Net assets
$587,022
Revenue
$514,727
Expenses
$505,624
Net income
$9,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$0.05$5.87$5.15$5.06$0.09
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.83$0.05$5.78$5.60$5.09$0.51
2023Summary only. Only limited summary data is available for this year.$5.31$0.04$5.27$5.10$4.56$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.74$0.02$4.72$5.17$4.70$0.47
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$0.02$4.25$4.51$4.76$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$0.01$4.49$4.73$3.41$1.32
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.01$3.18$4.75$4.80$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.06$3.22$4.55$4.52$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$0.02$3.19$3.92$4.45$0.53
2016Summary only. Only limited summary data is available for this year.$3.72$0.01$3.71$4.58$4.33$0.25
2015Detailed filing. Detailed filing data is available for this year.$3.47$0.00$3.46$4.75$4.77$0.03
2014Summary only. Only limited summary data is available for this year.$3.49$0.00$3.49$4.93$4.85$0.08
2013Summary only. Only limited summary data is available for this year.$3.45$0.03$3.41$3.71$4.02$0.31
2012Summary only. Only limited summary data is available for this year.$3.72$0.22$3.49$3.17$2.83$0.34
2011Summary only. Only limited summary data is available for this year.$3.37$0.22$3.16$3.49$3.14$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Nov 19, 2025
Return Version
2024v5.0
Gross Receipts
$514,727
Mission and Program Overview

Mission

The mississippi economic development council, inc.(medc) is a professional association of economic development, chambers and associated stakeholders who work together to advance the profession and to advance economic development efforts in mississippi through advocacy, collaboration, education and by providing resources to its members. Medc is the voice of the economic development profession in the state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$577,919$587,022▲ $9,103
Cash and Non-Interest-Bearing Accounts$321,147$346,033▲ $24,886
Savings and Temporary Cash Investments$258,293$243,810▼ $14,483
Land, Buildings, and Equipment, Net$3,108$2,618▼ $490
Total Assets$582,548$592,461▲ $9,913
Liabilities
Accounts Payable and Accrued Expenses$4,629$5,439▲ $810
Total Liabilities$4,629$5,439▲ $810
Net Assets / Fund Balance
Total Net Assets Fund Balance$577,919$587,022▲ $9,103
Total Liabilities and Net Assets / Fund Balance$582,548$592,461▲ $9,913

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,618$13,977$16,595
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Gwendolyn M HowardExecutive DiFT$80,544$80,544

Board Members and Trustees

NameTitle
Todd JacksonPresident
Justin HallPresident El
Ed GardnerDirector- at
Melissa MorelDirector- at
Jill BusbyDirector-dis
Jon LevingstonDirector-dis
Kamie CarpenterDirector-dis
Kim RichardsonDirector-dis
Larkin SimpsonDirector-dis
Leon HaysDirector-dis
Mary Martha HensonDirector-dis
Thomas GregoryDirector-dis
Chelsea BaulchImmediate Pa
Glen HaabSecretary/tr
Hannah AguzzieVice Pres -
Regina ToddVice Pres- C
Ross TuckerVice Pres-ec
Stevie PhillipsVice Pres-em
Revenue and Support

Revenue Composition

Contributions and Grants
$119,888
Program Service Revenue
$394,459
Investment Income
$380
Other Revenue
$0
All Other Contributions
$11,125
Change in Net Assets
$9,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,260
Salaries, Compensation, and Employee Benefits$129,364
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$323,081--$323,081
Current Officers, Directors, Trustees, and Key Employees-$80,544-$80,544
Other Salaries and Wages-$32,083-$32,083
Office Expenses-$18,752-$18,752
Occupancy-$10,344-$10,344
Payroll Taxes-$8,718-$8,718
Other Employee Benefits-$8,019-$8,019
Travel-$6,522-$6,522
Insurance-$5,327-$5,327
Fees for Services Accounting-$5,250-$5,250
Depreciation Depletion-$3,839-$3,839
Other Expenses-$122-$122
All Other Expenses-$2-$2
Total Functional Expenses$323,081$182,543$0$505,624
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Memberships, held by individuals, require approval by a majority vote of the board of directors”

Form 990, Page 6, Part VI, Line 7A

“Board of directors elected by members”

Form 990, Page 6, Part VI, Line 11B

“Form 990 reviewed by board of directors”

Form 990, Page 6, Part VI, Line 12C

“Annual disclosures of "other interests" are required, president reviews disclosure forms and board of directors makes final determination of any corrective action”

Form 990, Page 6, Part VI, Line 15A

“Executive committee approves all salaries”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Mississippi Economic Development
EIN
64-0684730
Phone
6013521909
Address
PO BOX 1637, JACKSON, MS 39215

Signing Officer

Name
Gwendolyn M Howard
Title
Executive Director
Signed
2025-11-19

Organization Details

Principal Officer
Gwendolyn M Howard
Formed
1963
Legal Domicile
Ms
Voting Board Members
18
Independent Board Members
18
Employees
2

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
105 WEST WASHINGTON STREET A1, RIDGELAND, MS 39157
Preparer
Charles N Spain CPA
Phone
6019820010
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mississippi economic development council, inc.(medc) is a professional association of economic development, chambers and associated stakeholders who work together to advance the profession and to advance economic development efforts in mississippi through advocacy, collaboration, education and by providing resources to its members. Medc is the voice of the economic development profession in the state.”

Raw XML AppendixShowing 400 of 426 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRES -
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRES- C
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRES-EC
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRES-EM
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR-DIS
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR-DIS
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR-DIS
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR-DIS
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR-DIS
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR-DIS
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR-DIS
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR-DIS
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR- AT
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IRS990/MissionDesc0THE MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL, INC.(MEDC) IS A PROFESSIONAL ASSOCIATION OF ECONOMIC DEVELOPMENT, CHAMBERS AND ASSOCIATED STAKEHOLDERS WHO WORK TOGETHER TO ADVANCE THE PROFESSION AND TO ADVANCE ECONOMIC DEVELOPMENT EFFORTS IN MISSISSIPPI THROUGH ADVOCACY, COLLABORATION, EDUCATION AND BY PROVIDING RESOURCES TO ITS MEMBERS. MEDC IS THE VOICE OF THE ECONOMIC DEVELOPMENT PROFESSION IN THE STATE.
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IRS990/PrincipalOfficerNm0GWENDOLYN M HOWARD
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL, INC.(MEDC) IS A PROFESSIONAL ASSOCIATION OF ECONOMIC DEVELOPMENT, CHAMBERS AND ASSOCIATED STAKEHOLDERS WHO WORK TOGETHER TO ADVANCE THE PROFESSION AND TO ADVANCE ECONOMIC DEVELOPMENT EFFORTS IN MISSISSIPPI THROUGH ADVOCACY, COLLABORATION, EDUCATION AND BY PROVIDING RESOURCES TO ITS MEMBERS. MEDC IS THE VOICE OF THE ECONOMIC DEVELOPMENT PROFESSION IN THE STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIPS, HELD BY INDIVIDUALS, REQUIRE APPROVAL BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS ELECTED BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 REVIEWED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL DISCLOSURES OF "OTHER INTERESTS" ARE REQUIRED, PRESIDENT REVIEWS DISCLOSURE FORMS AND BOARD OF DIRECTORS MAKES FINAL DETERMINATION OF ANY CORRECTIVE ACTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE COMMITTEE APPROVES ALL SALARIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1637
IRS990/USAddress/CityNm0JACKSON
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GWENDOLYN M HOWARD

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