Mississippi Housing Institute
- Assets
- $261.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgeland, MS
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 56-2334623
Organization Overview
Mississippi Housing Institute is located in Ridgeland, MS. The organization was established in 2004. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Mississippi Housing Institute 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 12/2022, Mississippi Housing Institute generated $133.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $172.4k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATION AND CERTIFICATION FOR THE HOME BUILDING INDUSTRY IN THE STATE OF MISSISSIPPI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Salmons President | 0 | $0 | |
Deborah Migues Vice Preside | 0 | $0 | |
John Travis Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,131 |
| Total Program Service Revenue | $35,727 |
| Membership dues | $0 |
| Investment income | $5,520 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,147 |
| Professional fees and other payments to independent contractors | $3,531 |
| Occupancy, rent, utilities, and maintenance | $7,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $86,912 |
| Total expenses | $172,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,451 |
| Other assets | $0 |
| Total assets | $261,451 |
| Total liabilities | $541 |
| Net assets or fund balances | $260,910 |
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