Business Retention And Expansion International
- Assets
- $71.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hattiesburg, MS
- Founding
- 03/1996
- Data as of
- 12/2023
- EIN
- 31-1424760
Organization Overview
Business Retention And Expansion International is located in Hattiesburg, MS. The organization was established in 1996. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Retention And Expansion International is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Business Retention And Expansion International generated $49.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $46.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
APPROXIMATELY 500 MEMBERS RECEIVED EDUCATIONAL AND TECHNICAL ASSISTANCE BENEFITS REGARDING THE UTILIZATION OF BUSINESS RETENTION AND EXPANSION PROGRAMMING AS A VIABLE ECONOMIC DEVELOPMENT STRATEGY. THIS WAS ACCOMPLISHED OVER THE COURSE OF THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Williamson President | 2 | $0 | |
Chris Bandak President Elect | 1 | $0 | |
Jason Guidry Past President | 2 | $0 | |
Alan Barefield Treasurer | 5 | $0 | |
Alia Abbas Board Member | 1 | $1 | |
Mike Howe Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,124 |
| Membership dues | $16,335 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,029 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,544 |
| Other expenses | $11,452 |
| Total expenses | $46,025 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,546 |
| Other assets | $0 |
| Total assets | $71,546 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,546 |