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.
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 |
Brian Gomillion Board Member | Trustee | 1 | $0 |
Cathy Clark Board Member | Trustee | 1 | $0 |
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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