Mississippi Automotive Manufacturers is located in Ridgeland, MS. The organization was established in 2002. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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 Automotive Manufacturers 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 12/2021, Mississippi Automotive Manufacturers generated $77.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $87.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mississippi Automotive Manufacturers has awarded 30 individual grants totaling $160,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A FORUM FOR INTERACTION AMONG THE AUTOMOTIVE MANUFACTURING COMPANIES IN MISSISSIPPI AND ADJOINING STATES AND TO PROMOTE THE GROWTH AND IMPROVEMENT OF THE AUTOMOTIVE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE NUMEROUS OPPORTUNITIES FOR AUTOMOTIVE AND RELATED COMPANIES TO SHARE INFORMATION AND STAY ABREAST OF ISSUES THAT SIGNIFICANTLY IMPACT THE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Burgess President | OfficerTrustee | 2 | $0 |
Ryan Miller Secretary | OfficerTrustee | 2 | $0 |
Lex Lemmers Past President | OfficerTrustee | 2 | $0 |
Gene Delcomyn Treasurer | OfficerTrustee | 2 | $0 |
Clay Walden Board Member | Trustee | 2 | $0 |
Emily Lauder Board Member | Trustee | 2 | $0 |
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 | $77,080 |
Investment income | $64 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $77,144 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $34,500 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,290 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $69 |
Advertising and promotion | $289 |
Office expenses | $283 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $710 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $118 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,224 |
All other expenses | $294 |
Total functional expenses | $87,761 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $157,895 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $157,895 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $1,489 |
Total liabilities | $1,489 |
Net assets without donor restrictions | $0 |
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 | $156,406 |
Total liabilities and net assets/fund balances | $157,895 |
Over the last fiscal year, Mississippi Automotive Manufacturers has awarded $55,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Mississippi State, MS PURPOSE: CHARITABLE SCHOLARSHIP | $17,500 |
Mississippi State, MS PURPOSE: CHARITABLE SCHOLARSHIP | $17,500 |
University, MS PURPOSE: CHARITABLE SCHOLARSHIP | $10,000 |
University, MS PURPOSE: CHARITABLE SCHOLARSHIP | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Arkansas Capital Corporation Little Rock, AR | $35,717,433 | $8,371,701 |
Dottie System Inc Baton Rouge, LA | $4,069,603 | $4,084,315 |
Better Business Bureau Of Nashville Middle Tennessee Inc Nashville, TN | $1,542,443 | $3,414,512 |
Center For Nonprofit Management Inc Nashville, TN | $2,067,333 | $2,514,298 |
The Better Business Bureau Of Metropolitan Birmingham Incorportd Birmingham, AL | $1,159,880 | $2,115,172 |
Better Business Bureau Of Arkansas Inc Little Rock, AR | $2,156,323 | $1,539,686 |
Hickory Ridge Mall Cd Corporation Memphis, TN | $6,645,367 | $1,041,082 |
Better Business Bureau Of North Alabama Inc Huntsville, AL | $737,459 | $1,414,955 |
Arkansas Boll Weevil Eradication Foundation West Helena, AR | $3,360,901 | $1,140,459 |
The Idea Village New Orleans, LA | $982,103 | $1,307,477 |
Arkanasas Pharmacist Association Little Rock, AR | $3,269,988 | $1,550,084 |
Better Business Bureau Of Greater Knoxville Inc Knoxville, TN | $2,210,490 | $1,102,136 |