Governors Mansion Foundation Inc is located in Jackson, MS. The organization was established in 1992. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Governors Mansion Foundation 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, Governors Mansion Foundation Inc generated $106.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $256.1k during the year ending 09/2022. While expenses have increased by 39.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION EXISTS TO RENOVATE, RESTORE, REFURNISH, MAINTAIN, AND/OR IMPROVE THE STATE OF MISSISSIPPI GOVERNOR'S MANSION AND THE GOVERNOR'S OFFICES LOCATED IN THE WALTER SILLERS BUILDING AND THE STATE CAPITOL - ALL PUBLIC BUILDINGS OWNED BY THE STATE OF MISSISSIPPI
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION, RENOVATION, REFURBISHMENT AND DECORATION OF THE STATE OF MISSISSIPPI'S GOVERNOR'S MANSION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cora Gee Director & Secretary | OfficerTrustee | 1 | $0 |
Franc Lee Director & President | OfficerTrustee | 1 | $0 |
Kristin Mcdevitt Director & Treasurer | OfficerTrustee | 5 | $0 |
Melissa Hederman Vice President | Officer | 1 | $0 |
Whit Waide Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bengel Designs Renovations | 9/29/20 | $228,607 |
Jana Harless Interior Design Refurbishing | 9/29/20 | $206,480 |
Jana Harless Interior Design Refurbishing | 9/29/20 | $206,480 |
Bengel Designs Renovations | 9/29/20 | $228,607 |
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 | $106,132 |
Noncash contributions included in lines 1a–1f | $15,182 |
Total Revenue from Contributions, Gifts, Grants & Similar | $106,132 |
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 | $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 | $106,132 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $790 |
Fees for services: Accounting | $9,004 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $23,236 |
Advertising and promotion | $0 |
Office expenses | $270 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $256,145 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,271 |
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 | $23,271 |
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 | $23,271 |
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 | $23,271 |
Over the last fiscal year, we have identified 1 grants that Governors Mansion Foundation Inc has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
Cb Foundation Inc Flowood, MS PURPOSE: CHARITABLE | $2,500 |
Organization Name | Assets | Revenue |
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Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Gibson Electric Membership Corp Trenton, TN | $199,281,246 | $104,510,085 |
Upshur-Rural Electric Cooperative Corporation Gilmer, TX | $245,628,727 | $98,243,041 |
Four County Electric Membership Corp Burgaw, NC | $229,795,069 | $103,654,934 |
Central Electric Power Association Carthage, MS | $142,416,370 | $101,127,410 |
San Bernard Electric Cooperative Incorporated Bellville, TX | $290,497,219 | $97,543,303 |
Holston Electric Cooperative Inc Rogersville, TN | $140,432,181 | $97,958,544 |
Sequachee Valley Electric Cooperative South Pittsburg, TN | $165,775,520 | $105,669,415 |
Eecu Fort Worth, TX | $3,346,818,050 | $132,703,955 |
Veterans Of Foreign Wars Of The United States Kansas City, MO | $242,275,685 | $98,113,411 |
Central Alabama Electric Cooperative Prattville, AL | $339,092,082 | $97,489,806 |