Copiah County Economic Development
- Assets
- $46.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crystal Springs, MS
- Founding
- 03/1983
- Data as of
- 09/2023
- EIN
- 64-0667020
Organization Overview
Copiah County Economic Development is located in Crystal Springs, MS. The organization was established in 1983. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Copiah County Economic Development 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 09/2023, Copiah County Economic Development generated $146.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $126.4k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 4 years. 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
TO PROMOTE THE CIVIC AND ECONOMIC WELFARE OF THE PEOPLE OF COPIAH COUNTY, MISSISSIPPI. THIS IS ACCOMPLISHED THROUGH ECONOMIC DEVELOPMENT RELATED TO THE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Hood Secretary | 0 | $0 | |
Michael Hutchinson President | 0 | $0 | |
James Mitchell Treasurer | 0 | $0 | |
Arthur L Evans Ex. Director | 0 | $52,500 | |
Chris Palmer Vice Preside | 0 | $0 | |
Jim Bob Brock Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,575 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $200 |
| Total Revenue | $146,776 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,025 |
| Professional fees and other payments to independent contractors | $595 |
| Occupancy, rent, utilities, and maintenance | $10,572 |
| Printing, publications, postage, and shipping | $485 |
| Other expenses | $24,687 |
| Total expenses | $126,364 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,825 |
| Other assets | $0 |
| Total assets | $45,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,985 |