Nonprofit · EIN 20-0178999
EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION
Tax-exempt · MERIDIAN, MS 39302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-EZ | $128,269 | $92,334 | $35,935 | $154,609 | $13,022 | $141,587 |
| September 30, 2024 | 990-EZ | $91,949 | $107,730 | -$15,781 | $118,674 | $13,022 | $105,652 |
| September 30, 2023 | 990-EZ | $88,759 | $96,279 | -$7,520 | $136,383 | $14,950 | $121,433 |
Financial details: 990-EZ for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $81,451
- Program service revenue
- $39,122
- Investment income
- $1,680
- Other revenue
- $6,016
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $4,082
- Occupancy
- $400
- Printing, publications and postage
- $143
- Other expenses
- $87,709
- Program services (functional)
- $80,660
Balance sheet and other
- Total assets, start of year
- $118,674
- Total assets, end of year
- $154,609
- Total liabilities, end of year
- $13,022
- Net assets, end of year
- $141,587
- Cash, savings and investments
- $84,690
- Gross receipts
- $128,269
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY DAVIS | CHAIRMAN | 2 | $0 |
| FRED WILE | VICE-CHAIRMAN | 2 | $0 |
| KATIE COLEMAN | DIRECTOR | 2 | $0 |
| BRAD HUFF | DIRECTOR | 2 | $0 |
| MICHAEL GIBSON | DIRECTOR | 2 | $0 |
| BRANDYE LATIMER | DIRECTOR | 2 | $0 |
| JOHN MORGAN MIMS | DIRECTOR | 2 | $0 |
| LLOYD GRAY | DIRECTOR | 2 | $0 |
| BECKY FARLEY | DIRECTOR | 2 | $0 |
990-EZ for the year ended September 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD HUFF | CHAIRMAN | 2 | $0 |
| FRED WILE | VICE-CHAIRMAN | 2 | $0 |
| KATIE COLEMAN | DIRECTOR | 2 | $0 |
| NANCY DAVIS | DIRECTOR | 2 | $0 |
| MICHAEL GIBSON | DIRECTOR | 2 | $0 |
| BRANDYE LATIMER | DIRECTOR | 2 | $0 |
| JOHN MORGAN MIMS | DIRECTOR | 2 | $0 |
| MARC RANSIER | DIRECTOR | 2 | $0 |
| SORAYA WELDEN | DIRECTOR | 2 | $0 |
| LLOYD GRAY | DIRECTOR | 2 | $0 |
| BECKY FARLEY | DIRECTOR | 2 | $0 |
990-EZ for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD HUFF | CHAIRMAN | 2 | $0 |
| FRED WILE | VICE-CHAIRMAN | 2 | $0 |
| KATIE COLEMAN | DIRECTOR | 2 | $0 |
| NANCY DAVIS | DIRECTOR | 2 | $0 |
| MICHAEL GIBSON | DIRECTOR | 2 | $0 |
| BRANDYE LATIMER | DIRECTOR | 2 | $0 |
| JOHN MORGAN MIMS | DIRECTOR | 2 | $0 |
| MARC RANSIER | DIRECTOR | 2 | $0 |
| SORAYA WELDEN | DIRECTOR | 2 | $0 |
| LLOYD GRAY | DIRECTOR | 2 | $0 |
| BECKY FARLEY | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 790, MERIDIAN, MS 39302-0790
- In care of
- % DEBBIE MATHIS
- Signed the 990-EZ
- DEBBIE MATHIS, OFFICER
- Phone
- (601) 693-1306
- Return prepared by
- REA SHAW GIFFIN & STUART LLP
Mission
TO PROVIDE ECONOMIC DEVELOPMENT SERVICES IN THE CITY OF MERIDIAN AND LAUDERDALE COUNTY. THE FOUNDATION'S PRIMARY OBJECTIVE IS THE PROMOTE REDEVELOPMENT AND NEW DEVELOPMENT OF THE DOWNTOWN AND RURAL COUNTY AREAS AND TO COMBAT THE OVERALL COMMUNITY DETERIORATION OF THESE AREAS.
Program accomplishments
- PROMOTION OF REDEVELOPMENT AND NEW DEVELOPMENT OF THE DOWNTOWN OF THE CITY OF MERIDIAN AND RURAL AREAS OF LAUDERDALE COUNTY AND COMBAT THE OVERALL COMMUNITY DETERIORATION OF THESE AREAS.Expenses $80,660
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-EZ on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-EZ on file |
IRS record
- EIN
- 20-0178999
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S32)
- Assets (IRS master file)
- $154,609
- Income (IRS master file)
- $128,269
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | September 2025 | $128,269 | $92,334 | $154,609 | XML |
| 990-EZ | September 2024 | $91,949 | $107,730 | $118,674 | XML |
| 990-EZ | September 2023 | $88,759 | $96,279 | $136,383 | XML |
| 990-EZ | September 2022 | – | – | – | IRS |
| 990-EZ | September 2020 | – | – | – | IRS |
| 990-EZ | September 2019 | – | – | – | IRS |
| 990-EZ | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0178999).
Questions about EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION
- What is the EIN of EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION is 20-0178999.
- Is EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
- Who are the officers and directors of EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION?
- The 990-EZ for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION have?
- On its 990-EZ for the year ended September 30, 2025 it reported revenue of $128,269, expenses of $92,334 and total assets of $154,609 at year end.
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All nonprofits in MERIDIAN · Mississippi · Community improvement and capacity building