Trace Tourism Compact Inc
- Assets
- $196.7k
- Revenue
- $128.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Kosciusko, MS
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 64-0934423
Organization Overview
Trace Tourism Compact Inc is located in Kosciusko, MS. The organization was established in 2001. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trace Tourism Compact 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 12/2023, Trace Tourism Compact Inc generated $128.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $142.2k during the year ending 12/2023. 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 TOURISM IN THE STATE OF MISSISSIPPI, SPECIFICALLY ALONG THE NATCHEZ TRACE PARKWAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE THOUSANDS OF TOURISTS AWARE OF THE NATCHEZ TRACE AND ITS HISTORY THROUGH ARTICLES AND BROCHURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Barham Secretary | Officer | $0 | |
Chris Chapman Vice Preside | Officer | $0 | |
Hart Pettit Treasurer | Officer | $0 | |
Lauren Ward President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $128,251 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $128,251 |
| Total Program Service Revenue | $0 |
| Investment income | $180 |
| 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 | $128,431 |
| 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 | $120,696 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,050 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $142,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,806 |
| Savings and temporary cash investments | $83,906 |
| 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 | $196,712 |
| 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 | $196,712 |
| 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 | $196,712 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alabama State Nurses Association Montgomery, AL | $431,843 | $369,153 |
Trace Tourism Compact Inc Kosciusko, MS | $196,712 | $128,431 |
Great 100 Nurses Foundation Metairie, LA | $51,222 | $124,550 |
Alabama Osteopathic Medical Association Piedmont, AL | $190,799 | $0 |
Alabama Gastroenterological Society Inc Dothan, AL | $177,988 | $0 |
Alabama School Plant Management Association Inc Tallassee, AL | $154,474 | $0 |
Wts Arkansas Little Rock, AR | $70,722 | $0 |
Legacy Business League Biloxi, MS | $11,550 | $0 |
Gulf States Collision Association Hattiesburg, MS | $15,774 | $0 |
Insurors Of Memphis Inc Memphis, TN | $55,184 | $31,411 |
Accountants Without Limits Harvest, AL | $3,350 | $25,100 |
Southeast Laborers District Council Laborers-Employers Cooperation & Nashville, TN | $5,699,395 | $945,148 |