Delta Council
- Assets
- $4.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Stoneville, MS
- Founding
- 01/1939
- Data as of
- 12/2023
- 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 12/2023, Delta Council employed 18 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 12/2023, Delta Council generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 5 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
2023
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 |
Jimmy Walker Jr Vice - Presi | OfficerTrustee | 5 | $0 |
Keith Mitchell Treasurer | OfficerTrustee | 5 | $0 |
Carter Murrell Vice - Presi | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $676,909 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $114,479 |
| All other contributions, gifts, grants, and similar amounts not included above | $197,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $988,388 |
| Total Program Service Revenue | $0 |
| Investment income | $203,245 |
| 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 | $1,338,321 |
| 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 | $515,655 |
| Pension plan accruals and contributions | $26,880 |
| Other employee benefits | $15,221 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,201 |
| Fees for services: Other | $44,094 |
| Advertising and promotion | $6,930 |
| Office expenses | $78,284 |
| Information technology | $29,770 |
| Royalties | $0 |
| Occupancy | $63,700 |
| Travel | $51,482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,411 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,491 |
| Insurance | $12,130 |
| All other expenses | $8,034 |
| Total functional expenses | $1,006,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $455,030 |
| Savings and temporary cash investments | $230,991 |
| Pledges and grants receivable | $93,000 |
| Accounts receivable, net | $232,693 |
| 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 | $12,781 |
| Net Land, buildings, and equipment | $63,578 |
| Investments—publicly traded securities | $3,521,481 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,008 |
| Total assets | $4,642,562 |
| Accounts payable and accrued expenses | $235,395 |
| Grants payable | $0 |
| Deferred revenue | $47,000 |
| 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 | $70,293 |
| Other liabilities | $0 |
| Total liabilities | $352,688 |
| Net assets without donor restrictions | $4,289,874 |
| 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 | $4,642,562 |