Delta Council
- Assets
- $4.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 5
- Location
- Stoneville, MS
- Founding
- 01/1939
- Data as of
- 12/2021
- EIN
- 64-0146125
Organization Overview
Delta Council is located in Stoneville, MS. The organization was established in 1939. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Delta Council employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta Council 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, Delta Council generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVEMENT OF THE BUSINESS CONDITIONS OF AGRICULTURE AND TRADE IN THE MISSISSIPPI DELTA COMMUNITIES AND IN INDUSTRIAL DEVELOPMENT IN THE MISSISSIPPI DELTA
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVEMENT OF THE BUSINESS CONDITIONS OF AGRICULTURE AND TRADE IN THE MISSISSIPPI DELTA COMMUNITIES AND IN INDUSTRIAL DEVELOPMENT IN THE MISSISSIPPI DELTA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Howell Executive Di | Officer | 60 | $250,040 |
Pierce Brown Vice - Presi | OfficerTrustee | 5 | $0 |
Paul Hollis President | OfficerTrustee | 10 | $0 |
Keith Mitchell Treasurer | OfficerTrustee | 5 | $0 |
Jimmy Walker Jr Vice - Presi | OfficerTrustee | 5 | $0 |
Carter Murrell Vice - Presi | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $217,288 |
| Membership dues | $699,272 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $109,431 |
| 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 | $1,025,991 |
| Total Program Service Revenue | $0 |
| Investment income | $325,117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,220 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,720,219 |
| 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 | $717,949 |
| Pension plan accruals and contributions | $40,108 |
| Other employee benefits | $32,398 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,928 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,352 |
| Advertising and promotion | $13,594 |
| Office expenses | $47,036 |
| Information technology | $24,654 |
| Royalties | $0 |
| Occupancy | $53,900 |
| Travel | $30,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,000 |
| Interest | $2,523 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,696 |
| Insurance | $7,011 |
| All other expenses | $6,316 |
| Total functional expenses | $1,407,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347,901 |
| Savings and temporary cash investments | $222,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,785 |
| 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 | $46,240 |
| Investments—publicly traded securities | $3,304,733 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,224 |
| Total assets | $3,990,808 |
| Accounts payable and accrued expenses | $133,561 |
| Grants payable | $0 |
| Deferred revenue | $21,854 |
| 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 | $32,650 |
| Other liabilities | $0 |
| Total liabilities | $188,065 |
| Net assets without donor restrictions | $3,802,743 |
| 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 | $3,990,808 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Delta Council has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
James H Creekmore Sr And Meredith W Creekmore Foundation Oxford, MS PURPOSE: UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Parking Facilities Corporation New Orleans, LA | $111,215,099 | $14,747,604 |
Employer Services Assurance Corporation Little Rock, AR | $1,737,233 | $2,709,348 |
Delta Council Stoneville, MS | $3,990,808 | $1,720,219 |
Community Foundation Of Cleveland & Bradley County Inc Cleveland, TN | $9,651,879 | $2,298,313 |
Oedc Land Corporation Monroe, LA | $388,507 | $3,491 |
Industrial Development Board Mckenzie, TN | $3,609,090 | $1,645,711 |
Limestone County Economic Development Association Inc Athens, AL | $431,310 | $303,640 |
Sme Preservation Fund Signal Mountain, TN | $82,629 | $231,917 |
Stephenson Family Foundation West Point, MS | $2,633,123 | $144,399 |
Gardere Initiative Inc Baton Rouge, LA | $49,697 | $0 |
Federal City Retail Complex New Orleans, LA | $0 | $1,451,551 |
John A Peterson Charitable Trust Montgomery, AL | $2,360,428 | $210,203 |