Mississippi Nurses Association
- Assets
- $835.1k
- Revenue
- $627.7k
- Investments
- $500.0
- Employees
- 5
- Location
- Madison, MS
- Founding
- 06/1957
- Data as of
- 06/2022
- EIN
- 64-0321143
Organization Overview
Mississippi Nurses Association is located in Madison, MS. The organization was established in 1957. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 06/2022, Mississippi Nurses Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Nurses Association 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 06/2022, Mississippi Nurses Association generated $627.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $669.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVEMENT OF HEALTH AND NURSING STANDARDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION FROM CONTINUING EDUCATION THAT HELPS NURSES IMPROVE PATIENT CARE AND CONNECT WITH OTHER NURSES WHO SHARE THEIR COMPASSION AND COMMITMENT. NUMBER OF CLIENTS SERVED = 336
CONTINUING EDUCATION PROVIDES COURSES WHICH IMPROVE AND ADVANCE NURSES' KNOWLEDGE IN A CHANGING HEALTHCARE ENVIRONMENT. CONTINUING EDUCATION IS PROVIDED THROUGH THE ANNUAL CONVENTION, APRN CONFERENCE, STATEWIDE NURSING SUMMIT AND ANCILLARY EDUCATION OPPORTUNITIES. NUMBER OF CLIENTS SERVED = 1,490
MISSISSIPPI RN MAGAZINE CONTAINS ARTICLES CONCERNING THE ROLE OF NURSING IN HEALTHCARE. NUMBER OF CLIENTS SERVED = 61,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Malone Executive Director | Officer | 40 | $142,524 |
Carl Mangum President | OfficerTrustee | 2 | $0 |
Beverly Oliver Secretary | OfficerTrustee | 1 | $0 |
Alena Groves Vice-President | OfficerTrustee | 2 | $0 |
Gayle Harrell Treasurer | OfficerTrustee | 2 | $0 |
Brandy Smith Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $540,002 |
| Investment income | $46,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,510 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $627,695 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $359,918 |
| Pension plan accruals and contributions | $18,975 |
| Other employee benefits | $0 |
| Payroll taxes | $27,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,060 |
| Fees for services: Accounting | $11,115 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,949 |
| Advertising and promotion | $6,706 |
| Office expenses | $59,840 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,176 |
| Travel | $6,038 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,136 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,726 |
| Insurance | $12,478 |
| All other expenses | $250 |
| Total functional expenses | $669,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,328 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,583 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,182 |
| Net Land, buildings, and equipment | $12,171 |
| Investments—publicly traded securities | $697,357 |
| Investments—other securities | $500 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $835,121 |
| Accounts payable and accrued expenses | $104,571 |
| Grants payable | $0 |
| Deferred revenue | $3,768 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $108,339 |
| Net assets without donor restrictions | $726,782 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $835,121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Foundation For Medical Care Inc Fort Smith, AR | $38,817,634 | $50,008,157 |
Tennessee Hospital Association Brentwood, TN | $59,191,608 | $16,937,384 |
Alabama Hospital Association Inc Montgomery, AL | $12,106,181 | $10,432,234 |
Mississippi Hospital Association Madison, MS | $29,345,396 | $9,179,556 |
Louisiana Hospital Association Baton Rouge, LA | $30,214,425 | $7,576,001 |
Charles Henderson Memorial Association Troy, AL | $113,144,232 | $4,786,354 |
Medical Association Of The State Of Alabama Montgomery, AL | $7,781,804 | $4,117,229 |
Tennessee Medical Association Nashville, TN | $7,798,843 | $4,705,353 |
Louisiana Nursing Home Association Inc Baton Rouge, LA | $5,391,426 | $2,925,996 |
Rural Hospital Coalition Inc Baton Rouge, LA | $3,209,357 | $1,746,979 |
Louisiana State Medical Society Baton Rouge, LA | $4,710,384 | $3,864,259 |
Tennessee Dental Association Franklin, TN | $3,639,067 | $1,559,377 |