Civic Intelligence

Jackson Medical Mall Foundation

990 • Fiscal year 2018 • EIN 64-0865274

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

Organization ProfileWWW.JACKSONMEDICALMALL.ORG

View Organization Page

350 W Woodrow Wilson AveJackson, MS 39213-7682

(601) 982-8467

Siviq Scores

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

Liabilities / Assets

71st percentile

0.51x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

3.10x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

14th percentile

-7.5%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

22nd percentile

$200,359

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

21st percentile

-3.4%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-4.4%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$73,254,377

Down $2,576,694 (-3.4%) from 2017

Net Assets

Down

$35,554,793

Down $914,958 (-2.5%) from 2017

Liabilities

Down

$37,699,584

Down $1,661,736 (-4.2%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin14th percentile

Revenue

Down

$12,164,271

Down $557,601 (-4.4%) from 2017

Expenses

Up

$13,079,229

Up $589,318 (+4.7%) from 2017

Net Income

Down

-$914,958

Down $1,146,919 (-494%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$100M$50M$0Assets 2011: $83,713,539Liabilities 2011: $49,248,126Net Assets 2011: $34,465,4132011Assets 2012: $80,375,794Liabilities 2012: $46,019,745Net Assets 2012: $34,356,0492012Assets 2013: $76,683,958Liabilities 2013: $44,564,447Net Assets 2013: $32,119,5112013Assets 2014: $75,873,115Liabilities 2014: $43,774,572Net Assets 2014: $32,098,5432014Assets 2015: $75,013,552Liabilities 2015: $41,949,488Net Assets 2015: $33,064,0642015Assets 2016: $77,318,745Liabilities 2016: $41,080,955Net Assets 2016: $36,237,7902016Assets 2017: $75,831,071Liabilities 2017: $39,361,320Net Assets 2017: $36,469,7512017Assets 2018: $73,254,377Liabilities 2018: $37,699,584Net Assets 2018: $35,554,7932018Assets 2019: $72,671,402Liabilities 2019: $37,872,213Net Assets 2019: $34,799,1892019Assets 2020: $74,207,263Liabilities 2020: $38,891,532Net Assets 2020: $35,315,7312020Assets 2021: $71,929,966Liabilities 2021: $36,002,627Net Assets 2021: $35,927,3392021Assets 2022: $70,898,409Liabilities 2022: $32,142,818Net Assets 2022: $38,755,5912022Assets 2023: $67,804,856Liabilities 2023: $28,795,569Net Assets 2023: $39,009,2872023Assets 2024: $68,196,102Liabilities 2024: $25,473,179Net Assets 2024: $42,722,9232024

Highlighted filing

2018

Assets$73,254,377
Liabilities$37,699,584
Net Assets$35,554,793
Open 2018 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $7,106,6792011Expenses 2012: $11,634,8742012Expenses 2013: $12,017,5722013Revenue 2014: $11,192,051Expenses 2014: $11,213,019Net Income 2014: -$20,9682014Revenue 2015: $11,645,600Expenses 2015: $10,680,079Net Income 2015: $965,5212015Revenue 2016: $15,830,360Expenses 2016: $12,420,487Net Income 2016: $3,409,8732016Revenue 2017: $12,721,872Expenses 2017: $12,489,911Net Income 2017: $231,9612017Revenue 2018: $12,164,271Expenses 2018: $13,079,229Net Income 2018: -$914,9582018Revenue 2019: $13,657,162Expenses 2019: $14,412,766Net Income 2019: -$755,6042019Revenue 2020: $14,181,968Expenses 2020: $13,665,426Net Income 2020: $516,5422020Revenue 2021: $14,671,190Expenses 2021: $14,059,582Net Income 2021: $611,6082021Revenue 2022: $16,987,703Expenses 2022: $14,015,188Net Income 2022: $2,972,5152022Revenue 2023: $18,766,630Expenses 2023: $15,887,874Net Income 2023: $2,878,7562023Revenue 2024: $18,326,917Expenses 2024: $14,613,281Net Income 2024: $3,713,6362024

Highlighted filing

2018

Revenue$12,164,271
Expenses$13,079,229
Net Income-$914,958
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$12,204,620
Mission and Program Overview

Mission

Lease space to organizations for the purpose of education and medical care services while fostering healthcare for the underserved and promoting community and economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$69,408,908$67,689,208▼ $1,719,700
Cash and Non-Interest-Bearing Accounts$2,927,241$2,902,026▼ $25,215
Pledges and Grants Receivable$2,540,040$1,993,935▼ $546,105
Savings and Temporary Cash Investments$250,000--
Accounts Receivable$311,413$125,389▼ $186,024
Prepaid Expenses and Deferred Charges$78,216$82,399▲ $4,183
Total Assets$75,831,071$73,254,377▼ $2,576,694
Other Assets Total$315,253$461,420▲ $146,167
Liabilities
Tax Exempt Bond Liabilities$32,770,000$31,030,000▼ $1,740,000
Mortgage Notes Payable Secured by Investment Property$5,027,226$4,757,267▼ $269,959
Accounts Payable and Accrued Expenses$1,008,169$1,509,255▲ $501,086
Deferred Revenue$478,108$322,954▼ $155,154
Other Liabilities$77,817$80,108▲ $2,291
Total Liabilities$39,361,320$37,699,584▼ $1,661,736
Net Assets / Fund Balance
Unrestricted Net Assets$36,469,751$35,554,793▼ $914,958
Total Net Assets Fund Balance$36,469,751$35,554,793▼ $914,958
Total Liabilities and Net Assets / Fund Balance$75,831,071$73,254,377▼ $2,576,694

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$63,043,863$28,644,025$91,687,888
Land$3,568,192-$3,568,192
Equipment$1,014,100$584,571$1,598,671
Other Land Buildings$63,053-$63,053
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Primus WheelerExec. DirectFT$200,359$200,359
Primus WheelerExec. Director-$200,359$200,359
Lori GreerChief FinancFT$133,678$133,678

Board Members and Trustees

NameTitle
Dr Beverly HoganChair & Dire
Harry WalkerVice Chair &
Dr Louann WoodwardDirector
Edward WatsonDirector
Jimmy RobinsonDirector
Dr James KeetonSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
Terry Service INCHvac ServicesPO BOX 1557, Ridgeland, MS 39158$1,422,012
Revenue and Support

Revenue Composition

Contributions and Grants
$2,094,618
Program Service Revenue
$9,715,254
Investment Income
$24,539
Other Revenue
$329,860
All Other Contributions
$691,238
Change in Net Assets
$-914,958

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,164,271
Total Revenue per Audited Statements
$12,164,271
Total Revenue per Form 990
$12,164,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,279,438
Salaries, Compensation, and Employee Benefits$3,549,791
Grants and Similar Amounts Paid$250,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$947,733$1,902,097-$2,849,830
Depreciation Depletion-$2,193,082-$2,193,082
Interest$1,090,975$803,907-$1,894,882
Fees for Services Other$706,598--$706,598
All Other Expenses$100,291$419,403-$519,694
Other Expenses$613,409$464,192-$464,192
Other Employee Benefits$119,296$278,356-$397,652
Grants to Domestic Orgs$250,000--$250,000
Payroll Taxes$70,810$165,223-$236,033
Office Expenses$45,892$125,434-$171,326
Insurance-$167,082-$167,082
Advertising-$128,115-$128,115
Occupancy$111,774--$111,774
Fees for Services Legal-$81,904-$81,904
Pension Plan Contributions$19,883$46,393-$66,276
Travel$24,301$12,916-$37,217
Conferences and Meetings$12,369--$12,369
Total Functional Expenses$4,113,331$8,965,898$0$13,079,229

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,079,229
Total Expenses per Audited Statements$13,079,229
Total Expenses per Form 990$13,079,229
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Mississipp Medical C--Endowment$125,000
Jackson State University--Endowment Sponsorshi$62,500
Tougaloo College--Endowment Sponsorshi$62,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$40,349
Fundraising Gross Income$37,176
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$37,176$37,176$40,349$-3,173
Total Events$37,176$37,176$40,349$-3,173
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit$80,108

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMississippi Business Finance Corp2010-12-31$41,760,000SEE SUPPLEMENTAL INFO.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$41,760,000-$8,990,000-

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 11B

“The 990 is reviewed and signed by the executive director and cfo.”

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

“ABSTENTION OF VOTE.”

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

“The executive director's salary is determined by the board.”

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

“The executive director determines compensation for all employees.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Jackson Medical Mall Foundation
EIN
64-0865274
Phone
6019828467
Address
350 W WOODROW WILSON AVE, JACKSON, MS 39213-7682

Signing Officer

Name
Primus Wheeler
Title
Exec. Director
Phone
6049828467
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Primus Wheeler
Formed
1996
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
189

Preparer

Firm
Bruno & Tervalon Llp Cpas
Address
4298 ELYSIAN FIELDS AVE, NEW ORLEANS, LA 70122
Preparer
Waldo J Moret Jr
Phone
5042848733
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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/OccupancyGrp/TotalAmt0111774
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0125434
IRS990/OfficeExpensesGrp/ProgramServicesAmt045892
IRS990/OfficeExpensesGrp/TotalAmt0171326
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0315253
IRS990/OtherAssetsTotalGrp/EOYAmt0461420
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0278356
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0119296
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0397652
IRS990/OtherExpensesGrp/Desc0SECURITY
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2PROGRAM
IRS990/OtherExpensesGrp/Desc3BUILDING & REPAIRS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01162995
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1911485
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2103314
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3464192
IRS990/OtherExpensesGrp/ProgramServicesAmt0613409
IRS990/OtherExpensesGrp/TotalAmt01162995
IRS990/OtherExpensesGrp/TotalAmt1911485
IRS990/OtherExpensesGrp/TotalAmt2716723
IRS990/OtherExpensesGrp/TotalAmt3464192
IRS990/OtherLiabilitiesGrp/BOYAmt077817
IRS990/OtherLiabilitiesGrp/EOYAmt080108
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0333033
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0333033
IRS990/OtherRevenueTotalAmt0333033
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01902097
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0947733
IRS990/OtherSalariesAndWagesGrp/TotalAmt02849830
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0165223
IRS990/PayrollTaxesGrp/ProgramServicesAmt070810
IRS990/PayrollTaxesGrp/TotalAmt0236033
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt046393
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt019883
IRS990/PensionPlanContributionsGrp/TotalAmt066276
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02540040
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01993935
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt078216
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082399
IRS990/PrincipalOfficerNm0PRIMUS WHEELER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/BusinessCd2561700
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MAINTENANCE CONTRACT
IRS990/ProgramServiceRevenueGrp/Desc2TENANT ACTIVITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09132192
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1496540
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt286522
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09132192
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1496540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt286522
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01822867
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0402006
IRS990/PYInvestmentIncomeAmt08459
IRS990/PYOtherExpensesAmt07717194
IRS990/PYOtherRevenueAmt0214767
IRS990/PYProgramServiceRevenueAmt010675779
IRS990/PYRevenuesLessExpensesAmt0231961
IRS990/PYSalariesCompEmpBnftPaidAmt04370711
IRS990/PYTotalExpensesAmt012489911
IRS990/PYTotalRevenueAmt012721872
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-914958
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt09715254
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0250000
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0646008520
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1646000507
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2640303093
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd22
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0125000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt162500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt262500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF MISSISSIPPI MEDICAL CENTER
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1JACKSON STATE UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2TOUGALOO COLLEGE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0250000
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt063043863
IRS990ScheduleD/BuildingsGrp/DepreciationAmt028644025
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt091687888
IRS990ScheduleD/EquipmentGrp/BookValueAmt01014100
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0584571
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01598671
IRS990ScheduleD/ExpensesSubtotalAmt013079229
IRS990ScheduleD/LandGrp/BookValueAmt03568192
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03568192
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt063053
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt063053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080108
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/RevenueSubtotalAmt012164271
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067689208
IRS990ScheduleD/TotalExpensesPerForm990Amt013079229
IRS990ScheduleD/TotalLiabilityAmt080108
IRS990ScheduleD/TotalRevenuePerForm990Amt012164271
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012164271
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013079229
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt040349
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt037176
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037176
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt037176
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037176
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-3173
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt040349
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt040349
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0125000
IRS990ScheduleI/RecipientTable/CashGrantAmt162500
IRS990ScheduleI/RecipientTable/CashGrantAmt262500
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ENDOWMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ENDOWMENT SPONSORSHI
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ENDOWMENT SPONSORSHI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF MISSISSIPP MEDICAL C
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1JACKSON STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2TOUGALOO COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0646008520
IRS990ScheduleI/RecipientTable/RecipientEIN1646000507
IRS990ScheduleI/RecipientTable/RecipientEIN2640303093
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0200359
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PRIMUS WHEELER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXEC. DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0200359
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0MISSISSIPPI BUSINESS FINANCE CORP SERIES 2010-A, WERE USED TO REFUND CURRENTLY THE MISSISSIPPI BUSINESS FINANCE CORPORATION REVENUE BONDS (JACKSON MEDICAL MALL FOUNDATION PROJECT), SERIES 2008-A. SERIES 2010-B, WERE USED TO FINANCE THE RENOVATION, INCLUDING, BUT NOT LIMITED TO, THE ACQUISITION AND/OR CONSTRUCTION OF NEW IMPROVEMENTS AND/OR FIXTURES, OF A PORTION OF JACKSON MEDICAL MALL FOUNDATION'S EXISTING PROPERTY FOR THE UNIVERSITY OF MISSISSIPPI MEDICAL CENTER'S USE. SERIES 2010-C, WERE USED TO ACQUIRE, CONSTRUCT, RECONSTRUCT OR RENOVATE NONRESIDENTIAL REAL ESTATE (INCLUDING FIXED IMPROVEMENTS ASSOCIATED WITH SUCH PROPERTY) LOCATED ADJACENT TO JACKSON MEDICAL MALL FOUNDATION.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1MISSISSIPPI BUSINESS FINANCE CORP 12/31/15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,254,377
Liabilities
$37,699,584
Net assets
$35,554,793
Revenue
$12,164,271
Expenses
$13,079,229
Net income
-$914,958
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$68.2$25.5$42.7$18.3$14.6$3.71
2023Detailed filing. Detailed filing data is available for this year.$67.8$28.8$39.0$18.8$15.9$2.88
2022Detailed filing. Detailed filing data is available for this year.$70.9$32.1$38.8$17.0$14.0$2.97
2021Detailed filing. Detailed filing data is available for this year.$71.9$36.0$35.9$14.7$14.1$0.61
2020Detailed filing. Detailed filing data is available for this year.$74.2$38.9$35.3$14.2$13.7$0.52
2019Detailed filing. Detailed filing data is available for this year.$72.7$37.9$34.8$13.7$14.4$0.76
2018Detailed filing. Detailed filing data is available for this year.$73.3$37.7$35.6$12.2$13.1$0.91
2017Detailed filing. Detailed filing data is available for this year.$75.8$39.4$36.5$12.7$12.5$0.23
2016Detailed filing. Detailed filing data is available for this year.$77.3$41.1$36.2$15.8$12.4$3.41
2015Detailed filing. Detailed filing data is available for this year.$75.0$41.9$33.1$11.6$10.7$0.97
2014Detailed filing. Detailed filing data is available for this year.$75.9$43.8$32.1$11.2$11.2$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.7$44.6$32.1$12.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.4$46.0$34.4$11.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.7$49.2$34.5$7.11