Mississippi Engineering Society
- Assets
- $246.9k
- Revenue
- $237.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Brandon, MS
- Founding
- 12/1962
- Data as of
- 06/2024
- EIN
- 64-0371096
Organization Overview
Mississippi Engineering Society is located in Brandon, MS. The organization was established in 1962. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Engineering Society 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 06/2024, Mississippi Engineering Society generated $237.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $179.3k during the year ending 06/2024. While expenses have increased by 1.5% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROTECTS AND PROMOTES THE PROFESSION OF ENGINEERING AS A SOCIAL AND ECONOMIC INFLUENCE VITAL TO THE AFFAIRS OF SOCIETY AND THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINTER MEETING EXPENSES - ANNUAL MEETING HOSTED TO PROVIDE ENGINEERS WITH NETWORKING AND CONTINUING EDUCATION OPPORTUNITIES
OTHER PROGRAM SERVICES INCLUDE CONTINUING EDUCATION.
SUMMER MEETING EXPENSE - ANNUAL MEETING HOSTED TO PROVIDE ENGINEERS WITH NETWORKING AND CONTINUING EDUCATION OPPORTUNITIES
MATHCOUNTS - COMPETITION PROGRAM DESIGNED TO STIMULATE STUDENTS' INTERESTS AND ACHIEVEMENTS IN MATHEMATICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald L Hendon President | OfficerTrustee | 1 | $0 |
J Kreg Overstreet President Elect | Trustee | 1 | $0 |
Amber T Reeb Vice President, Region 1 | OfficerTrustee | 1 | $0 |
Martha V Brewer Vice President, Region 2 | OfficerTrustee | 1 | $0 |
Brian W Childs Vice President, Region 3 | OfficerTrustee | 1 | $0 |
William E Mcgee Chairman, Pec Division | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $82,983 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,433 |
| Total Program Service Revenue | $140,968 |
| Investment income | $3,078 |
| 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 | $237,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,746 |
| 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. | $48,126 |
| Compensation of current officers, directors, key employees. | $48,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,200 |
| Travel | $203 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,924 |
| All other expenses | $3,798 |
| Total functional expenses | $179,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $394 |
| Total assets | $246,942 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $12,618 |
| Total liabilities | $12,618 |
| Net assets without donor restrictions | $0 |
| 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 | $234,324 |
| Total liabilities and net assets/fund balances | $246,942 |