Tupelo Service Finance Inc

Organization Overview

Tupelo Service Finance Inc is located in Tupelo, MS. The organization was established in 1977. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tupelo Service Finance 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 09/2021, Tupelo Service Finance Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $1.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TUPELO SERVICE FINANCE, INC. PROVIDES A FINANCE AND COLLECTION SERVICE TO NON-PROFIT OR CHARITABLE INSTITUTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PATIENT ACCOUNT COLLECTION


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Board, Officers & Key Employees

Name (title)Compensation
Michael S Spees
President & CEO
$0
Sharon Nobles
Treasurer & CFO
$0
Bruce Toppin
Secretary
$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$1,135,495
Investment income $92
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 $1,135,587

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