Nonprofit · EIN 62-0291672
MIDSOUTH GRAIN INSPECTION SERVICES
Tax-exempt · MEMPHIS, TN 38113
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $5,577,438 | $5,666,318 | -$88,880 | $2,819,398 | $765,849 | $2,053,549 |
| December 31, 2024 | 990 | $4,382,243 | $4,568,589 | -$186,346 | $2,685,425 | $542,996 | $2,142,429 |
| December 31, 2023 | 990 | $4,003,319 | $4,704,370 | -$701,051 | $3,020,157 | $654,801 | $2,365,356 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,385,645
- Investment income
- $179,793
- Net gain from sales of assets
- $147,437
- Other revenue
- $12,000
Expenses
- Grants and similar amounts paid
- $38,250
- Compensation of officers, directors and key employees
- $366,000
- Other salaries and wages
- $3,305,268
- Salaries, compensation and benefits (total)
- $4,273,930
- Professional fundraising fees
- $0
- Accounting fees
- $12,467
- Occupancy
- $89,821
- Travel
- $101,055
- Depreciation
- $35,546
- Program services (functional)
- $4,282,076
- Management and general (functional)
- $1,384,242
Balance sheet and other
- Total assets, start of year
- $2,685,425
- Total assets, end of year
- $2,819,398
- Total liabilities, end of year
- $765,849
- Net assets, end of year
- $2,053,549
- Land, buildings and equipment
- $171,988
- Publicly traded securities
- $1,634,479
- Net assets without donor restrictions
- $2,053,549
- Gross receipts
- $5,628,636
- Employees
- 108
- Year formed
- 1905
- State of legal domicile
- TN
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joseph Cupples | Vice President Officer | 50 | $215,454 | $31,764 |
| James Rossetti | CFO Officer | 40 | $165,000 | $16,895 |
| Ricky Hickman | COO Officer | 50 | $90,691 | $22,085 |
| Ken Arnold | Director Trustee or director | 1 | $37,000 | $0 |
| Lindsay Reid | President Trustee or director, Officer | 1 | $37,000 | $0 |
| Owen Reid | Director Trustee or director | 1 | $37,000 | $0 |
| Dian Berryman Mcquire | Director Trustee or director | 1 | $37,000 | $0 |
| Seldon Murray | Vice President Trustee or director, Officer | 1 | $37,000 | $0 |
| David Colby | Director Trustee or director | 1 | $31,000 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joseph Cupples | Vice President Officer | 50 | $176,400 | $16,250 |
| James Rossetti | CFO Officer | 40 | $165,000 | $16,186 |
| Ricky Hickman | COO Officer | 50 | $90,574 | $3,973 |
| Ken Arnold | Director Trustee or director | 1 | $72,786 | $0 |
| Lindsay Reid | Vice President Trustee or director | 1 | $67,000 | $0 |
| David Colby | Director Trustee or director, Officer | 1 | $67,000 | $0 |
| Owen Reid | President Trustee or director, Officer | 1 | $67,000 | $0 |
| Dian Berryman Mcquire | Director Trustee or director | 1 | $67,000 | $0 |
| Seldon Murray | Director Trustee or director | 1 | $67,000 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joseph Cupples | Executive Dir. Officer | 50 | $176,400 | $15,392 |
| James Rossetti | CFO Officer | 40 | $165,000 | $15,361 |
| Seldon Murray | Director Trustee or director | 1 | $119,600 | $0 |
| Lindsay Reid | Director Trustee or director | 1 | $97,400 | $0 |
| David Colby | President Trustee or director, Officer | 1 | $97,400 | $0 |
| Owen Reid | Vice President Trustee or director, Officer | 1 | $97,400 | $0 |
| Ricky Hickman | Director Officer | 50 | $91,090 | $0 |
| Dian Berryman Mcquire | Director Trustee or director | 1 | $82,750 | $0 |
| Ken Arnold | Director Trustee or director | 1 | $80,500 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 13302, MEMPHIS, TN 38113-0302
- Principal officer (990 for 2025)
- James Rossetti, PO BOX 13302, Memphis, TN 38113
- Signed the 990
- James Rossetti, CFO
- Phone
- (901) 942-3216
- Return prepared by
- Zettergren Accounting LLC
Mission
TO PROVIDE INSPECTION SERVICES FOR THE GRAIN COMMODITY MARKET IN THE MIDSOUTH REGION PURSUANT TO ITS DESIGNATION FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE
Program accomplishments
- TO PROVIDE INSPECTION SERVICES FOR THE GRAIN COMMODITY MARKET IN THE MIDSOUTH REGION PURSUANT TO ITS DESIGNATION FROM THE UNITED STATES DEPARTMENT OF AGRICULTUREExpenses $4,282,076 · grants $38,250 · revenue $5,577,438
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-0291672
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1959
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,819,398
- Income (IRS master file)
- $5,628,636
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $5,577,438 | $5,666,318 | $2,819,398 | XML |
| 990 | December 2024 | $4,382,243 | $4,568,589 | $2,685,425 | XML |
| 990 | December 2023 | $4,003,319 | $4,704,370 | $3,020,157 | XML |
| 990 | December 2022 | $4,138,755 | $4,553,000 | $3,614,327 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 62-0291672).
Questions about MIDSOUTH GRAIN INSPECTION SERVICES
- What is the EIN of MIDSOUTH GRAIN INSPECTION SERVICES?
- The employer identification number (EIN) of MIDSOUTH GRAIN INSPECTION SERVICES is 62-0291672.
- Is MIDSOUTH GRAIN INSPECTION SERVICES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1959.
- Are donations to MIDSOUTH GRAIN INSPECTION SERVICES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MIDSOUTH GRAIN INSPECTION SERVICES 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 MIDSOUTH GRAIN INSPECTION SERVICES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIDSOUTH GRAIN INSPECTION SERVICES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MIDSOUTH GRAIN INSPECTION SERVICES?
- The 990 for the year ended December 31, 2025 names James Rossetti.
- Who are the officers and directors of MIDSOUTH GRAIN INSPECTION SERVICES?
- The 990 for the year ended December 31, 2025 lists 9 people; 9 received compensation from the organization, the highest $215,454 (Joseph Cupples, Vice President).
- How much revenue does MIDSOUTH GRAIN INSPECTION SERVICES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $5,577,438, expenses of $5,666,318 and total assets of $2,819,398 at year end.
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