Mississippi Propane Gas Association
- Assets
- $566.6k
- Revenue
- $172.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 06/1995
- Data as of
- 10/2023
- EIN
- 64-0858300
Organization Overview
Mississippi Propane Gas Association is located in Jackson, MS. The organization was established in 1995. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Mississippi Propane Gas Association 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 10/2023, Mississippi Propane Gas Association generated $172.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $200.1k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENHANCE THE PROPANE INDUSTRY IN MISSISSIPPI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE CURRENT YEAR, THE ASSOCIATION SERVED APPROXIMATELY 80 ACTIVE AND ASSOCIATE MEMBERS ACROSS MISSISSIPPI. THE ASSOCIATION KEEPS THE PROPANE DEALERS ABREAST OF STATE AND FEDERAL COMPLIANCE AND REGULATORY ISSUES WHICH AFFECT THE INDUSTRY. EDUCATIONAL MATERIALS WERE SENT TO MEMBERS EACH MONTH TO ENABLE MEMBERS TO PRESENT SAFETY INFORMATION AND REMINDERS TO THEIR EMPLOYEES. EDUCATIONAL SEMINARS ARE CONDUCTED TO ASSURE PROPANE DELIVERY AND SERVICE/MAINTENANCE PERSONNEL ARE UP TO DATE ON LAWS AND REGULATIONS THAT AFFECT THEIR DAILY DUTIES. ON A REGULAR BASIS, THE ASSOCIATION SENDS LEGISLATIVE BULLETINS TO ALL PROPANE DEALERS IN THE STATE TO KEEP THEM ADVISED OF CHANGES AND THE DATE NEW LAWS GO INTO EFFECT. OUR ASSOCIATION PROVIDED ITS MEMBERS GUIDANCE ON PROTOCOLS, GOVERNMENT RULES AND REGULATION PARTICULARLY HOUR OF SERVICE WAIVERS (HOS) WAIVERS FOR CDL HAZ MAT DRIVERS DURING INCLEMENT WEATHER OR NATURAL DISASTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Blissard Director | Trustee | 1 | $0 |
Brent Rogers Vice President | OfficerTrustee | 1 | $0 |
Chip Moore President Elect | OfficerTrustee | 1 | $0 |
Chuck Clement Director | Trustee | 1 | $0 |
Floyd Trammell Director | Trustee | 1 | $0 |
Jody Herring Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,495 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,563 |
| Total Program Service Revenue | $52,495 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,178 |
| 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 | $172,523 |
| 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 | $60,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,400 |
| Advertising and promotion | $0 |
| Office expenses | $3,320 |
| Information technology | $3,263 |
| 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 | $61,702 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $903 |
| All other expenses | $0 |
| Total functional expenses | $200,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,200 |
| 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 | $553,238 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,188 |
| Total assets | $566,626 |
| Accounts payable and accrued expenses | $8,982 |
| 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 | $8,982 |
| Net assets without donor restrictions | $557,644 |
| 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 | $566,626 |