Civic Intelligence

Mississippi Economic Development

990 • Fiscal year 2024 • EIN 64-0684730

Oct 01, 2023 to Sep 30, 2024 • Filed on Apr 30, 2025

Organization ProfileWWW.MEDC.MS
PO Box 1637Jackson, MS 39215

(601) 352-1909

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

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

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

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

Net Margin

63rd percentile

9.1%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

62nd percentile

$79,164

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

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

Asset Growth

63rd percentile

9.8%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

60th percentile

9.6%

Faster revenue growth than 60% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$582,548

Up $52,022 (+9.8%) from 2023

Net Assets

Up

$577,919

Up $51,030 (+9.7%) from 2023

Liabilities

Up

$4,629

Up $992 (+27%) from 2023

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin63rd percentile

Revenue

Up

$559,745

Up $49,256 (+9.6%) from 2023

Expenses

Up

$508,718

Up $53,077 (+12%) from 2023

Net Income

Down

$51,027

Down $3,821 (-7.0%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2024

Assets$582,548
Liabilities$4,629
Net Assets$577,919
Open 2024 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this 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

2024

Revenue$559,745
Expenses$508,718
Net Income$51,027
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$559,745
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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$526,889$577,919▲ $51,030
Cash and Non-Interest-Bearing Accounts$275,709$321,147▲ $45,438
Savings and Temporary Cash Investments$254,032$258,293▲ $4,261
Land, Buildings, and Equipment, Net$785$3,108▲ $2,323
Total Assets$530,526$582,548▲ $52,022
Liabilities
Accounts Payable and Accrued Expenses$3,637$4,629▲ $992
Total Liabilities$3,637$4,629▲ $992
Net Assets / Fund Balance
Total Net Assets Fund Balance$526,889$577,919▲ $51,030
Total Liabilities and Net Assets / Fund Balance$530,526$582,548▲ $52,022

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,108$10,138$13,246
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gwendolyn M HowardExecutive DiFT$79,164$79,164

Board Members and Trustees

NameTitle
Chelsea BaulchPresident
Todd JacksonPresident El
Brian UseforgeDirector- at
Ed GardnerDirector- at
Glen HaabDirector-dis
Hanna AguzziDirector-dis
Jill BusbyDirector-dis
Jim FlanaganDirector-dis
Leon HaysDirector-dis
Mary Martha HensonDirector-dis
Regina ToddDirector-dis
Ross TuckerDirector-dis
Jeff RentImmediate Pa
Lori WattsSecretary/tr
Vickie DupreeVice Pres -
Stevie PhillipsVice Pres- C
Brandi HoughVice Pres-em
Justin HallVicepres Eco
Revenue and Support

Revenue Composition

Contributions and Grants
$127,883
Program Service Revenue
$431,400
Investment Income
$462
Other Revenue
$0
All Other Contributions
$20,125
Change in Net Assets
$51,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$372,787
Salaries, Compensation, and Employee Benefits$135,931
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$321,017--$321,017
Current Officers, Directors, Trustees, and Key Employees-$79,164-$79,164
Other Salaries and Wages-$38,356-$38,356
Office Expenses-$13,120-$13,120
Occupancy-$10,400-$10,400
Fees for Services Accounting-$9,500-$9,500
Payroll Taxes-$9,316-$9,316
Other Employee Benefits-$9,095-$9,095
Travel-$7,979-$7,979
Depreciation Depletion-$4,281-$4,281
Insurance-$4,248-$4,248
Other Expenses-$61-$61
Total Functional Expenses$321,017$187,701$0$508,718
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
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
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
2025-04-30

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 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.”

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IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0559745
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04248
IRS990/InsuranceGrp/TotalAmt04248
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0462
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0462
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010138
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0785
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03108
IRS990/LandBldgEquipCostOrOtherBssAmt013246
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0107758
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0526889
IRS990/NetAssetsOrFundBalancesEOYAmt0577919
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt010400
IRS990/OccupancyGrp/TotalAmt010400
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013120
IRS990/OfficeExpensesGrp/TotalAmt013120
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09095
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09095
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1PAYROLL PROCESSING
IRS990/OtherExpensesGrp/Desc2MEETING EXPENSES
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01190
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1689
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2302
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt361
IRS990/OtherExpensesGrp/TotalAmt01190
IRS990/OtherExpensesGrp/TotalAmt1689
IRS990/OtherExpensesGrp/TotalAmt2302
IRS990/OtherExpensesGrp/TotalAmt361
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038356
IRS990/OtherSalariesAndWagesGrp/TotalAmt038356
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09316
IRS990/PayrollTaxesGrp/TotalAmt09316
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GWENDOLYN M HOWARD
IRS990/PriorPeriodAdjustmentsAmt03
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL CONFERENCE
IRS990/ProgramServiceRevenueGrp/Desc1LEGISLATIVE CONF INCOME
IRS990/ProgramServiceRevenueGrp/Desc2WOMEN IN ECON AND COMM DEV
IRS990/ProgramServiceRevenueGrp/Desc3EMERGING LEADERS FELLOWS PROG
IRS990/ProgramServiceRevenueGrp/Desc4SITE READY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0215651
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1179140
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt223609
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0215651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1179140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt223609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44500
IRS990/ProgSrvcAccomActy2Grp/Desc0ADVOCACY FOR MS ECONOMIC DEVELOPMENT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010125
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0109131
IRS990/PYInvestmentIncomeAmt0463
IRS990/PYOtherExpensesAmt0323105
IRS990/PYProgramServiceRevenueAmt0400895
IRS990/PYRevenuesLessExpensesAmt054848
IRS990/PYSalariesCompEmpBnftPaidAmt0132536
IRS990/PYTotalExpensesAmt0455641
IRS990/PYTotalRevenueAmt0510489
IRS990/ReconcilationRevenueExpnssAmt051027
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0441400
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0526889
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0577919
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0254032
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0258293
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03108
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010138
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013246
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03108
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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.
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0530526
IRS990/TotalAssetsEOYAmt0582548
IRS990/TotalAssetsGrp/BOYAmt0530526
IRS990/TotalAssetsGrp/EOYAmt0582548
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0127883
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0187701
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0321017
IRS990/TotalFunctionalExpensesGrp/TotalAmt0508718
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03637
IRS990/TotalLiabilitiesEOYAmt04629
IRS990/TotalLiabilitiesGrp/BOYAmt03637
IRS990/TotalLiabilitiesGrp/EOYAmt04629
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0526889
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0577919
IRS990/TotalProgramServiceExpensesAmt0321017
IRS990/TotalProgramServiceRevenueAmt0431400
IRS990/TotalReportableCompFromOrgAmt079164
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0431862
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0559745
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0530526
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0582548
IRS990/TravelGrp/ManagementAndGeneralAmt07979
IRS990/TravelGrp/TotalAmt07979
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1637
IRS990/USAddress/CityNm0JACKSON
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039215
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.MEDC.MS
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GWENDOLYN M HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MISSISSIPPI ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0640684730

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$582,548
Liabilities
$4,629
Net assets
$577,919
Revenue
$559,745
Expenses
$508,718
Net income
$51,027
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
2024Detailed filing. Detailed filing data is available for this year.$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