2024-03-12T11:22:58-04:00 2023-04-30 853667394 CORBIN & BIGGS PLLC 385-B HIGHLAND COLONY PARKWAY SUIT RIDGELAND MS 39157 990 2022-05-01 640293716 MISSISSIPPI ECONOMIC COUNCIL MISS 6019690022 P O BOX 23276 JACKSON MS 392253276 JOHN S WALLER CEO/PRESIDENT 6019690022 2024-03-11 true SCOTT WALLER XXX-XX-XXXX false GEORGE M BIGGS JR P00912499 6019572001 2024-03-12 2022 2023-04-26 12:10:37Z JOHN S WALLER PO BOX 23276 JACKSON MS 392253276 2619404 false X WWW.MSMEC.COM X 1949 MS TO BUILD A SENSE OF STATEWIDE BUSINESS COMMUNITY. AS THE STATE CHAMBER OF COMMERCE, THE ORGANIZATION SERVES AS A MEANINGFUL VOICE ON ISSUES AND INITIATIVES FOCUSING ON THE STATE'S FUTURE IN EDUCATION, WORKFORCE, BUSINESS CLIMATE AND IMAGE. 28 25 14 0 152471 20000 2818626 2598386 26 1018 366 0 2971489 2619404 0 0 1084861 1077778 0 0 1369786 1224180 2454647 2301958 516842 317446 3436515 3947855 450622 644516 2985893 3303339 X TO BUILD A SENSE OF STATEWIDE BUSINESS COMMUNITY. AS THE STATE CHAMBER OF COMMERCE, THE ORGANIZATION SERVES AS A MEANINGFUL VOICE ON ISSUES AND INITIATIVES FOCUSING ON THE STATE'S FUTURE IN EDUCATION, WORKFORCE, BUSINESS CLIMATE AND IMAGE. false false RESEARCH-THE ORGANIZATION MAKES RECOMENDATIONS BASED ON INVESTIGATION AND POLLING IN ORDER TO REFLECT THE VIEWS OF BUSINESS LEADERS IN MISSISSIPPI. MEETINGS- THE ORGANIZATION CONDUCTS A SERIES OF MEETINGS THROUGHOUT MISSISSIPPI TO INFORM BUSINESS LEADERS OF ISSUES OF CONCERN TO THE FUTURE OF THE STATE AND TO PROVIDE NETWORKING OPPORTUNITIES. ADVOCACY-ORGANIZATION SEEKS TO OPERATE AS THE VOICE OF BUSINESS BEFORE THE MISSISSIPPI LEGISLATURE. false false false true false false false false false true false false true false true false true false false false false false false false false false false false true false false false false false true false false false false false true true true false true 18 0 true 14 true false false false false false false false false X 28 25 true true false false false false false true true false false false true true true true true true false false X SCOTT WALLER 6019690022 PO BOX 23276 JACKSON MS 392253276 X JOHN S WALLER CEO/PRESIDEN 36.00 4.00 X 267556 29728 29336 CATHY NORTHINGTON CHIEF OPER. 20.00 20.00 X 91145 91144 20925 VICKIE POWELL VP OF FOUNDA 4.00 36.00 X 17941 161470 20607 BETH KITCHINGS DIR. OF MEMB 40.00 X 126210 0 16456 JEFF BOWMAN 1ST VICE CH 2.00 4.00 X X 0 0 0 DAVID E BREVARD DIRECTOR 2.00 X 0 0 0 ALVENO CASTILLA DIRECTOR 2.00 X 0 0 0 AUGUSTUS COLLINS 1ST PAST CHA 2.00 X X 0 0 0 BRUCE DEVINEY DIRECTOR 2.00 X 0 0 0 DUANE DEWEY DIRECTOR 2.00 X 0 0 0 TOMMY DULANEY DIRECTOR 2.00 X 0 0 0 JEFF FIELD DIRECTOR 2.00 X 0 0 0 HALEY FISACKERLY DIRECTOR 2.00 X 0 0 0 DAVID GATES DIRECTOR 2.00 X 0 0 0 THOMAS G GRESHAM DIRECTOR 2.00 X 0 0 0 JOHN HAIRSTON TREASURER 2.00 4.00 X X 0 0 0 JAMES D ROLLINS III 2ND PAST CHA 2.00 X X 0 0 0 MATT L HOLLEMAN III DIRECTOR 2.00 X 0 0 0 R MAYO FLYNT III DIRECTOR 2.00 X 0 0 0 WILLIAM YATES III DIRECTOR 2.00 X 0 0 0 JACK R REED JR DIRECTOR 2.00 X 0 0 0 BILL LAMPTON DIRECTOR 2.00 X 0 0 0 KATE LUCE DIRECTOR 2.00 X 0 0 0 CAROL PIGOTT DIRECTOR 2.00 X 0 0 0 WILLIAM SONES DIRECTOR 2.00 X 0 0 0 LEX TAYLOR DIRECTOR 2.00 X 0 0 0 DENNY TERRELL DIRECTOR 2.00 X 0 0 0 PAT THOMASSON 2ND VICE CHA 2.00 X X 0 0 0 REBECCA LEE WIGGS DIRECTOR 2.00 2.00 X 0 0 0 KARI WILKERSON DIRECTOR 2.00 X 0 0 0 MARTIN WILLIAMS CHAIR 2.00 X X 0 0 0 ANTHONY WILSON 2ND PAST CHA 2.00 X X 0 0 0 502852 282342 87324 2 false true false 20000 20000 MEMBERSHIP DUES 2019180 2019180 MEETING SPONSORSHIPS 547380 547380 MEETINGS ADMISSIONS 31826 31826 2598386 1018 1018 2619404 2052024 547380 299461 623180 43711 52346 59080 485 87605 64513 143249 53030 123761 39937 42312 21696 591265 15652 29347 11328 2301958 0 0 0 20368 96501 60026 161043 157871 173394 126822 132072 335560 304463 35234 31097 3036194 3353748 3436515 3947855 176001 247945 274621 211571 185000 450622 644516 X 2985893 3303339 2985893 3303339 3436515 3947855 317446 X false true X false false false false false 2019180 204000 204000 403863 -199863 335560 304463 31097 31097 A/R M.B SWAYZE EDUCATIONAL FDN 2189233 A/R PROPEL EDUCATION FORUM 1164515 3353748 X SCHEDULE D, PAGE 3, PART X MEC IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C) (6). THE MBSF AND PEF ARE EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING RULES PRESCRIBE WHEN TO RECOGNIZE AND HOW TO MEASURE THE FINANCIAL STATEMENT EFFECT, IF ANY, OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON INCOME TAX RETURNS INCLUDING THE POSITION THAT THE ORGANIZATIONS WILL CONTINUE TO QUALIFY AS TAX EXEMPT ORGANIZATIONS. MANAGEMENT EVALUATES THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTIONS, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED. BASED ON THAT EVALUATION, IF IT WERE MORE THAN 50% PROBABLE THAT A MATERIAL AMOUNT OF INCOME TAX WOULD BE IMPOSED ON THE ORGANIZATIONS UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITIES, A LIABILITY WOULD BE RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION ALONG WITH ANY INTEREST AND PENALTIES RESULTING FROM THAT ASSESSMENT. SHOULD ANY PENALTIES AND INTEREST BE INCURRED, THE ORGANIZATIONS' POLICY WOULD BE TO RECOGNIZE THEM AS OPERATING EXPENSES. BASED ON MANAGEMENT'S EVALUATION, NO LIABILITIES OR PENALTIES AND INTEREST WERE REQUIRED TO BE RECORDED FOR UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED APRIL 30, 2023. YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE INCLUDE THE YEARS ENDED APRIL 30, 2023, 2022, 2021, AND 2020. X X false false false JOHN S WALLER CEO/PRESIDENT 267556 29728 18480 2053 7923 880 293959 32661 CATHY NORTHINGTON CHIEF OPER. OFFICER 91145 91144 6357 6356 4106 4106 101608 101606 VICKIE POWELL VP OF FOUNDATION PRG 17941 161470 1236 11121 825 7425 20002 180016 TRUSTMARK NATIONAL BANK SHARED 33368 OFFICE RENTAL false DIRECTORS false DURING YEAR. false SCHEDULE L, PART V A TOTAL OF 17,968 OF THE TOTAL ANNUAL RENT OF 51,336 IS ALLOCABLE TO THE ORGANIZATION'S TWO 501 C 3 SUBSIDIARIES. THEY ARE LISTED ON SCHEDULE R. FORM 990 - ORGANIZATION'S MISSION TO BUILD A SENSE OF STATEWIDE BUSINESS COMMUNITY. AS THE STATE CHAMBER OF COMMERCE, THE ORGANIZATION SERVES AS A MEANINGFUL VOICE ON ISSUES AND INITIATIVES FOCUSING ON THE STATE'S FUTURE IN EDUCATION, WORKFORCE, BUSINESS CLIMATE AND IMAGE. FORM 990, PAGE 6, PART VI, LINE 2 WILLIAM YATES III DUANE DEWEY DIRECTOR DIRECTOR BUSINESS RELATIONSHIP WILLIAM YATES III AUGUSTUS COLLINS DIRECTOR DIRECTOR BUSINESS RELATIONSHIP AUGUSTUS COLLINS DUANE DEWEY DIRECTOR DIRECTOR BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 3 CHIEF FINANCIAL OFFICER AND HUMAN RESOURCE DUTIES WERE SUB-CONTRACTED DURING THE YEAR. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT OF THE ORGANIZATION REVIEWS THE 990 WITH THE CPA FIRM WHO PREPARED IT. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, EACH BOARD MEMBER IS PROVIDED A FORM IN WHICH RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS ARE TO BE DOCUMENTED. FORM 990, PAGE 6, PART VI, LINE 15A EACH YEAR DURING THE BUDGETING PROCESS, THE EXECUTIVE COMMITTEE RECOMENDS A COMPENSATION PACKAGE FOR THE PRESIDENT BASED ON THEIR REVIEW OF HIS PERFORMANCE AND AFTER REVIEWING CEO COMPENSATION FROM 990'S OF SIMILAR ORGANIZATIONS. THE BOARD OF DIRECTORS APPROVES THE BUDGET. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VII THE MISSISSIPPI ECONOMIC COUNCIL IS THE COMMON PAYMASTER FOR THE RELATED GROUP THAT ALSO INCLUDES THE PROPEL EDUCATION FORUM OF MS AND THE M.B. SWAYZE EDUCATION FOUNDATION. MEC PAYS ALL OF THE SALARY. TIME SPENT BY MEC EMPLOYEES FOR PEF AND MBSF IS ALLOCATED TO THOSE ORGANIZATION AND PRESENTED AS PAID BY RELATED PARTIES IN PART VII, SECTION A, COLUMN E. PUBLIC EDUCATION FORUM OF MS PO BOX 23276 JACKSON MS 39225 570897061 EDUCATION MS 501C3 7 N/A true MB SWAYZE FOUNDATION PO BOX 23276 JACKSON MS 39225 640602140 EDUCATION MS 501C3 7 N/A true MOVE MISSISSIPPI FORWARD PO BOX 3672 JACKSON MS 392073672 463874487 ECO DEV MS 501 C6 N/A false false false false false false false false false false false false false false true true false true false false MB SWAYZE EDUCATIONAL FOUNDATION O 190000 FMV PROPEL EDUCATION FORUM OF MS O 100270 FMV