Northeast Mississippi Contract Procurement Center Inc is located in West Point, MS. The organization was established in 1992. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Mississippi Contract Procurement Center 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 09/2022, Northeast Mississippi Contract Procurement Center Inc generated $706.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (53.1%) each year. All expenses for the organization totaled $130.0k during the year ending 09/2022. 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
EDUCATION OF SMALL BUSINESS OWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING SMALL BUSINESS OWNERS IN BEING PLACED ON BIDDERS' LISTS OF STATE AND/OR FEDERAL GOVERNMENTS. ASSISTING SMALL BUSINESSES IN INTERPRETING BIDS AND IDENTIFYING APPROPRIATE BID SOLICITATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Judd Wilson Vice Preside | Officer | 0.25 | $0 |
Jon Turner Director | Officer | 0.1 | $0 |
Macaulay Whitaker Secretary/tr | Trustee | 0.25 | $0 |
Kim Richardson President | Trustee | 0.25 | $0 |
Wilson Beck Director | Trustee | 0.1 | $0 |
Kristi Brown Director | Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $2,473 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $820 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,293 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,587 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $706 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $127,849 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,541 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $524 |
Insurance | $0 |
All other expenses | $96 |
Total functional expenses | $130,010 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Total assets | $0 |
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 | $0 |
Total liabilities | $0 |
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 | $0 |
Total liabilities and net assets/fund balances | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Innovation Depot Inc Birmingham, AL | $15,832,125 | $3,165,143 |
Brightbridge Inc Chattanooga, TN | $120,622,501 | $3,473,186 |
Mississippi Life And Health Insurance Guaranty Association Jackson, MS | $33,007,367 | $1,692,715 |
The Southern Development Council Inc Mountain Brook, AL | $5,076,770 | $1,106,394 |
The Catalyst Center For Business & Entrepreneurship Huntsville, AL | $634,732 | $1,362,873 |
Entrepreneur Development Center Southwest Tennessee Inc Jackson, TN | $909,692 | $610,826 |
Louisiana Minority Business Council Inc New Orleans, LA | $480,017 | $745,389 |
Tristate Minority Supplier Development Council Inc Nashville, TN | $1,436,779 | $762,988 |
Sync Space Entrepreneur Center Kingsport, TN | $108,804 | $347,750 |
Forward Progression Development Inc Biloxi, MS | $325,000 | $425,500 |
North Mississippi Enterprise Inc Oxford, MS | $264,914 | $373,569 |
Birmingham Business Resource Center Inc Birmingham, AL | $2,142,207 | $111,250 |