Oxford - Lafayette County Economic Development Foundation Inc

Organization Overview

Oxford - Lafayette County Economic Development Foundation Inc is located in Oxford, MS. The organization was established in 1993. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Oxford - Lafayette County Economic Development Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oxford - Lafayette County Economic Development Foundation 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 06/2024, Oxford - Lafayette County Economic Development Foundation Inc generated $430.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $383.3k during the year ending 06/2024. While expenses have increased by 0.7% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE ECONOMIC DEVELOPMENT IN THE CITY OF OXFORD/LAFAYETTE COUNTY AREA. BY BEING A LEADER IN CREATING OPPORTUNITIES FOR RESPONSIBLE ECONOMIC INVESTMENT, THEREBY RAISING THE PER CAPITA INCOME FOR ALL CITIZENS OF LAFAYETTE COUNTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE ECONOMIC DEVELOPMENT IN THE OXFORD-LAFAYETTE COUNTY AREA


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Board, Officers & Key Employees

Name (title)Compensation
Allen Kurr
Vice Preside
$66,980
Jon Maynard
President
$42,185
John Adams
Director
$0
Vickie Cook
Director
$0
Kinney Ferris
Tourism Dire
$0
Anne-Marie Gordon
Vice Chair/t
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $76,490
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$76,490
Total Program Service Revenue$331,979
Investment income $21,767
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 $430,236

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Southwest Mississippi Planning And Development District Inc
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Warren-Washington-Issaquena-Sharkey Community Action Agency
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Delta Community Action Association Inc
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Northwest Tennessee Development
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Conway Development Corporation
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Oasis Center Inc
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$6,797,640
Ozark Opportunities Inc
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Sunflower-Humphreys Counties
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Northeast Mississippi Planning And Development District Inc
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