Mississippi Municipal Association
- Assets
- $3.4m
- Revenue
- $2.1m
- Investments
- $1.5m
- Employees
- 9
- Location
- Jackson, MS
- Founding
- 09/1951
- Data as of
- 09/2022
- EIN
- 64-0364239
Organization Overview
Mississippi Municipal Association is located in Jackson, MS. The organization was established in 1951. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2022, Mississippi Municipal Association employed 9 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Mississippi Municipal Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Mississippi Municipal Association generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.9m during the year ending 09/2022. While expenses have increased by 1.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INFORMATION, OPERATIONAL ASSISTANCE AND NETWORKING OPPORTUNITIES TO MUNICIPAL OFFICERS AND LEADERS THROUGHOUT MISSISSIPPI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
"MUNICIPALITIES" (THE LEAGUE'S MAGAZINE), PROVIDED REGULAR COMMUNICATION REGARDING THE LEAGUE'S ACTIVITIES AND CHANGES IN LAW AFFECTING MUNICIPALITIES AND OTHER PERTINENT INFORMATION TO SUBSCRIBERS.
VARIOUS MEMBERS MEETING AND SEMINARS; PROVIDED EDUCATIONAL NETWORKING OPPORTUNITIES TO MEMBER MUNICIPALITIES AND THEIR ELECTED OFFICIALS AND EMPLOYEES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari T Veazey Executive Director | Officer | 40 | $127,134 |
Billy Nowell Board Member | OfficerTrustee | 1 | $0 |
Carolyn Mcadams Board Member | OfficerTrustee | 1 | $0 |
Toby Barker Board Member | OfficerTrustee | 1 | $0 |
Angela Richburg Board Member | Trustee | 1 | $0 |
Chokwe Antar Lumumba Board Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $2,000,676 |
| Investment income | $24,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,072,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
| 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. | $150,088 |
| Compensation of current officers, directors, key employees. | $150,088 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,904 |
| Pension plan accruals and contributions | $38,146 |
| Other employee benefits | $58,145 |
| Payroll taxes | $32,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,440 |
| Fees for services: Accounting | $45,582 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,304 |
| Advertising and promotion | $15,024 |
| Office expenses | $124,312 |
| Information technology | $44,247 |
| Royalties | $0 |
| Occupancy | $74,361 |
| Travel | $94,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $722,740 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,053 |
| Insurance | $16,932 |
| All other expenses | $3,049 |
| Total functional expenses | $1,947,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,314,532 |
| Savings and temporary cash investments | $35,326 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $318,010 |
| 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 | $25,107 |
| Net Land, buildings, and equipment | $28,105 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,521,301 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $151,174 |
| Total assets | $3,393,555 |
| Accounts payable and accrued expenses | $99,312 |
| Grants payable | $0 |
| Deferred revenue | $599,377 |
| 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 | $0 |
| Total liabilities | $698,689 |
| Net assets without donor restrictions | $2,694,866 |
| 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 | $3,393,555 |
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