Insurance Coalition Of Mississippi is located in Jackson, MS. The organization was established in 2015. 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. Insurance Coalition Of Mississippi 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, Insurance Coalition Of Mississippi generated $88.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $75.8k during the year ending 12/2023. While expenses have increased by 3.2% 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
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER A RELATIONSHIP OF UNDERSTANDING AND RESPECT AMONG THE PEOPLE AND GOVERNMENT OF THE STATE OF MISSISSIPPI CONCERNING THE BUSINESS OF PROPERTY AND CASUALTY INSURANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clinton Graham Chairman | 1 | $0 | |
Perry Cartlidge Vice Chairman | 1 | $0 | |
Lisa Pierce Director | 1 | $0 | |
Sarah Fanning Director | 1 | $0 | |
Raymond Waugh Director | 1 | $0 | |
John Marlow Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $88,300 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $88,300 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $65,470 |
Professional fees and other payments to independent contractors | $1,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,342 |
Total expenses | $75,812 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $96,374 |
Other assets | $0 |
Total assets | $96,374 |
Total liabilities | $0 |
Net assets or fund balances | $96,374 |