Mississippi Loggers Association Inc
- Assets
- $730.4k
- Revenue
- $316.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Jackson, MS
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 64-0769222
Organization Overview
Mississippi Loggers Association Inc is located in Jackson, MS. The organization was established in 1990. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Mississippi Loggers Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Loggers Association Inc 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 12/2021, Mississippi Loggers Association Inc generated $316.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $241.2k during the year ending 12/2021. While expenses have increased by 5.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO STABILIZE INSURANCE AVAILABILITY AND RATES, EDUCATE PUBLIC AWARENESS OF THE LOGGING INDUSTRY, SUPPORT LOGGERS IN NUMEROUS PROBLEMS, AND KEEP MEMBERS INFORMED OF INDUSTRY INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSURANCE STABILITY, PUBLIC EDUCATIONOF THE LOGGING INDUSTRY, MEMBER INFORMATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Livingston Executive Di | Trustee | 25 | $21,858 |
Brian Smith Vice Preside | Trustee | $0 | |
Keith Conaway Director | Trustee | $0 | |
Randy Mcinnis Director | Trustee | $0 | |
Ken Martin President | Trustee | 10 | $0 |
Steve Chism Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $102,995 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $145,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,753 |
| Total Program Service Revenue | $65,693 |
| Investment income | $1,650 |
| 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 | $316,096 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $122,483 |
| 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 | $29,902 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $378 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,028 |
| Office expenses | $4,366 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,685 |
| All other expenses | $7,151 |
| Total functional expenses | $241,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,093 |
| Savings and temporary cash investments | $282,069 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,265 |
| 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 | $730,427 |
| 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 | $7,154 |
| Total liabilities | $7,154 |
| Net assets without donor restrictions | $723,273 |
| 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 | $730,427 |
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