Retail Association Of Mississippi
- Assets
- $174.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Jackson, MS
- Founding
- 08/1958
- Data as of
- 12/2023
- EIN
- 64-0349866
Organization Overview
Retail Association Of Mississippi is located in Jackson, MS. The organization was established in 1958. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Retail Association 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, Retail Association Of Mississippi generated $46.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $51.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 5 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
SUPPORT SERVICES FOR RETAIL ESTABLISHMENTS IN MISSISSIPPI
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,530 |
| Investment income | $19,504 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,034 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,782 |
| Salaries, other compensation, and employee benefits | $34,387 |
| Professional fees and other payments to independent contractors | $8,685 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $5,977 |
| Total expenses | $51,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $174,429 |
| Other assets | $0 |
| Total assets | $174,429 |
| Total liabilities | $7,982 |
| Net assets or fund balances | $166,447 |