Central Mississippi Inc
- Assets
- $1.5m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 31
- Location
- Winona, MS
- Founding
- 01/1967
- Data as of
- 09/2023
- EIN
- 64-0437767
Organization Overview
Central Mississippi Inc is located in Winona, MS. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Central Mississippi Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Mississippi Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Central Mississippi Inc generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $6.4m during the year ending 09/2023. While expenses have increased by 12.3% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE POVERTY BY PROVIDING SERVICES TO THE INDIGENTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICE BLOCK GRANT(CSBG) OFFERS TRAINING, REFERRALS AND ASSISTANCE TO LOW-INCOME FAMILIES IN NEED.
CMI HAS VARIOUS OTHER PROGRAMS SUCHAS REURAL SELF HEALTH HOUSING TECHNICAL ASSISTANCE THAT PROVIDES AIDE TO NEEDY INDIVIDUALS.
THE LOW-INCOME HOME ENERGY ASSISTANCE PROGRAM (LIHEAP) PROVIDES FAMILIES WITH ENERGY ASSISTANCE BY AIDING LOW-INCOME INDIVIDALS IN PAYING THEIR HOUSEHOLD ENERGY BILLS.
THE ORGANIZATION HAS VARIOUS OTHER PROGRAMS SUCH AS RURAL SELF HEALTH HOUSING TECHNICAL ASSISTANCE THAT PROVIDES AIDE TO NEEDY INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanye Peeples Chairperson | Trustee | 2 | $0 |
Derrick Scott Vice-Chair | Trustee | 2 | $0 |
Eileen Richardson Secretary | Trustee | 2 | $0 |
Ronald White Board Member | Trustee | 2 | $0 |
Latrinda Walker Board Member | Trustee | 2 | $0 |
Velisa F Walker Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,735,553 |
| 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 | $5,735,553 |
| Total Program Service Revenue | $288,361 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $56,526 |
| 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 | $6,278,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,435,152 |
| 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 | $850,281 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $138,420 |
| Payroll taxes | $65,047 |
| Fees for services: Management | $122,538 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,021 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $708 |
| Office expenses | $130,104 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,167 |
| Travel | $99,724 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,224 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,233 |
| Insurance | $121,788 |
| All other expenses | $0 |
| Total functional expenses | $6,437,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $403,346 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $638,778 |
| 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 | $142,278 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $326,430 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,727 |
| Total assets | $1,520,559 |
| Accounts payable and accrued expenses | $112,801 |
| Grants payable | $0 |
| Deferred revenue | $497,149 |
| 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 | $138,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $460,249 |
| Total liabilities | $1,208,199 |
| Net assets without donor restrictions | $312,360 |
| 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 | $1,520,559 |