2025-03-14T13:08:15-04:00 2024-04-30 853667394 CORBIN & BIGGS PLLC 385-B HIGHLAND COLONY PARKWAY SUIT RIDGELAND MS 39157 990 2023-05-01 640293716 MISSISSIPPI ECONOMIC COUNCIL MISS 6019690022 P O BOX 23276 JACKSON MS 392253276 JOHN S WALLER CEO/PRESIDENT 6019690022 2025-03-11 true false GEORGE M BIGGS JR P00912499 6019572001 2025-03-14 2023 2025-03-06 01:10:19Z JOHN S WALLER PO BOX 23276 JACKSON MS 392253276 2706843 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 28 12 0 20000 10000 2598386 2694397 1018 2286 160 2619404 2706843 0 0 1077778 1144707 0 0 1224180 1390138 2301958 2534845 317446 171998 3947855 4424265 644516 948928 3303339 3475337 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 true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 18 0 true 12 true false false false false false false false false X 28 28 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 294087 32676 31098 CATHY NORTHINGTON CHIEF OPER. 20.00 20.00 X 96312 96311 22397 VICKIE POWELL VP OF FOUNDA 4.00 36.00 X 18944 170498 22079 BETH KITCHINGS DIR. OF MEMB 40.00 X 126436 0 16333 KATE BOURGEOIS DIRECTOR 2.00 X 0 0 0 JEFF BOWMAN CHAIR 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 2ND PAST CHA 2.00 X X 0 0 0 MATTHEW DAVIDSON DIRECTOR 2.00 X 0 0 0 BRUCE DEVINEY DIRECTOR 2.00 X 0 0 0 DUANE DEWEY TREASURER 2.00 4.00 X X 0 0 0 TOMMY DULANEY DIRECTOR 2.00 X 0 0 0 DAVID FERNANDES 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 JOHN HAIRSTON 2ND INCOMING 2.00 X X 0 0 0 ALAN HARGETT DIRECTOR 2.00 X 0 0 0 JAMES D ROLLINS III DIRECTOR 2.00 X 0 0 0 MATT L HOLLEMAN 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 CAROL PIGOTT DIRECTOR 2.00 X 0 0 0 AARON SISK 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 PAT THOMASSON 1ST INCOMING 2.00 X X 0 0 0 MICHAEL WALKER DIRECTOR 2.00 X 0 0 0 KARI WILKERSON DIRECTOR 2.00 X 0 0 0 MARTIN WILLIAMS 2ND PAST CHA 2.00 X X 0 0 0 ANTHONY WILSON DIRECTOR 2.00 X 0 0 0 535779 299485 91907 2 false true false 10000 10000 MEMBERSHIP DUES 2144441 2144441 MEETING REVENUE 549956 549956 2694397 2286 2286 MISC INCOME 160 160 160 2706843 2146887 549956 305273 685504 41023 48374 64533 86845 70127 233744 65400 105886 46876 36563 26311 614811 32418 24136 10862 MISC. EXPENSE 23817 OTHER REVENUE AND EXPENSE 12342 2534845 0 0 0 96501 78540 161043 284329 173394 219089 132072 121644 327888 261347 31097 66541 3353748 3654122 3947855 4424265 247945 218996 211571 215895 185000 452460 61577 644516 948928 X 3303339 3288087 187250 3303339 3475337 3947855 4424265 171998 X false true X false false false false false 2144441 214000 214000 321666 -107666 327888 261347 66541 66541 A/R M.B SWAYZE EDUCATIONAL FDN 2216452 A/R PROPEL EDUCATION FORUM 1437670 3654122 NISSAN LOAN 46687 401K WITHELD 11438 STATE TAXES WITHELD 3452 61577 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, 2024. YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE INCLUDE THE YEARS ENDED APRIL 30, 2024, 2023, 2022, AND 2021. X X false false false JOHN S WALLER CEO/PRESIDENT 294087 32676 21525 9573 325185 32676 CATHY NORTHINGTON CHIEF OPER. OFFICER 96312 96311 13326 9071 118709 96311 VICKIE POWELL VP OF FOUNDATION PRG 18944 170498 12956 9123 41023 170498 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 true false false false false false false false false false false true true false false false false MB SWAYZE EDUCATIONAL FOUNDATION O 165000 FMV PROPEL EDUCATION FORUM OF MS O 164113 FMV ALLIANCE FOR MISSISSIPPI'S FUTURE C 10000