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Nonprofit · EIN 64-0317413

NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION

Tax-exempt · WEST POINT, MS 39773

Financials

$827K$750K2023$826K$851K2024
Revenue Expenses · by fiscal year end
Financials of NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$825,512$850,911-$25,399$1,010,105$28,134$981,971
December 31, 2023990$827,441$750,074$77,367$1,127,822$120,520$1,007,302
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$800,769
of which government grants
$106,250
Membership dues
$694,519
Program service revenue
$0
Investment income
$24,743
Net gain from sales of assets
$453
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$172,748
Other salaries and wages
$128,553
Salaries, compensation and benefits (total)
$422,093
Professional fundraising fees
$0
Accounting fees
$22,181
Travel
$101,943
Depreciation
$12,586
Program services (functional)
$638,179
Management and general (functional)
$212,732

Balance sheet and other

Total assets, start of year
$1,127,822
Total assets, end of year
$1,010,105
Total liabilities, end of year
$28,134
Net assets, end of year
$981,971
Land, buildings and equipment
$164,800
Net assets without donor restrictions
$981,971
Gross receipts
$1,324,059
Employees
3
Year formed
1951
State of legal domicile
MS

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM SCAGGSEXECUTIVE DI
Officer
40$172,749
KEITH HAYWARDPRESIDENT
Trustee or director, Officer
–$0
WILSON WEBBVICE PRESIDE
Trustee or director, Officer
–$0
BRIAN CLARKSECRETARY
Trustee or director, Officer
–$0
ANGELA VERDELLTREASURER
Trustee or director, Officer
–$0
KIRK MORGANDIRECTOR
Trustee or director
–$0
SHAWN EDMONDSONDIRECTOR
Trustee or director
–$0
JOHN MALONEDIRECTOR
Trustee or director
–$0
BRYANT HENLEYDIRECTOR
Trustee or director
–$0
FRANKIE MOORMANDIRECTOR
Trustee or director
–$0
ROD BOBODIRECTOR
Trustee or director
–$0
SCOTT HENDRIXDIRECTOR
Trustee or director
–$0
BARRY ROWLANDDIRECTOR
Trustee or director
–$0
BRAD ROBISONDIRECTOR
Trustee or director
–$0
CODY DURHAMDIRECTOR
Trustee or director
–$0
12 more people on this return
NameTitleHours / weekCompensation
DONALD GRAYDIRECTOR
Trustee or director
–$0
TIM KENTDIRECTOR
Trustee or director
–$0
ROB NEELYDIRECTOR
Trustee or director
–$0
ROBERT DODSONDIRECTOR
Trustee or director
–$0
KEVIN DODDRIDGEDIRECTOR
Trustee or director
–$0
TIM SMITHDIRECTOR
Trustee or director
–$0
DAVID SORRELSDIRECTOR
Trustee or director
–$0
TODD JORDANDIRECTOR
Trustee or director
–$0
SEAN MCGRATHDIRECTOR
Trustee or director
–$0
CHARLES SCOTTDIRECTOR
Trustee or director
–$0
MIKE KINGDIRECTOR
Trustee or director
–$0
SHARON GIPSONDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensation
WILLIAM SCAGGSEXECUTIVE DI
Officer
40$161,485
JOHN ALLENSECRETARY
Trustee or director, Officer
–$0
ROD BOBODIRECTOR
Trustee or director
–$0
BRIAN CLARKTREASURER
Trustee or director, Officer
–$0
KEVIN DODDRIDGEDIRECTOR
Trustee or director
–$0
ROBERT DODSONDIRECTOR
Trustee or director
–$0
CODY DURHAMDIRECTOR
Trustee or director
–$0
SHAWN EDMONDSONDIRECTOR
Trustee or director
–$0
DONALD GRAYDIRECTOR
Trustee or director
–$0
KEITH HAYWARDDIRECTOR
Trustee or director
–$0
SCOTT HENDRIXDIRECTOR
Trustee or director
–$0
EDDIE HOWARDVICE PRESIDE
Trustee or director, Officer
–$0
TODD JORDANDIRECTOR
Trustee or director
–$0
TIM KENTDIRECTOR
Trustee or director
–$0
JOHN MALONEDIRECTOR
Trustee or director
–$0
FRANKIE MOORMANDIRECTOR
Trustee or director
–$0
KIRK MORGANPRESIDENT
Trustee or director, Officer
–$0
ROB NEELYDIRECTOR
Trustee or director
–$0
BRAD ROBISONDIRECTOR
Trustee or director
–$0
BARRY ROWLANDDIRECTOR
Trustee or director
–$0
TIM SMITHDIRECTOR
Trustee or director
–$0
DAVID SORRELSDIRECTOR
Trustee or director
–$0
DAVID SORRELSDIRECTOR
Trustee or director
–$0
JOSH THORNTONDIRECTOR
Trustee or director
–$0
ANGELA VERDELLDIRECTOR
Trustee or director
–$0
DON WARRENDIRECTOR
Trustee or director
–$0
WILSON WEBBDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 718, WEST POINT, MS 39773-0718
Principal officer (990 for 2024)
WILLIAM SCAGGS, 1422 HIGHLAND CIRCLE, AMORY, MS 38821
Signed the 990
WILLIAM SCAGGS, EXECUTIVE DIRECTOR
Phone
(662) 494-4633
Return prepared by
WATKINS WARD AND STAFFORD PLLC

Mission

PROMOTING NORTHEAST MISSISSIPPI FOR INDUSTRIAL GROWTH.

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTING NORTHEAST MISSISSIPPI FOR INDUSTRIAL GROWTH
    Expenses $638,179

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
64-0317413
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1953
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,010,105
Income (IRS master file)
$1,324,059

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$825,512$850,911$1,010,105IRS
990December 2023$827,441$750,074$1,127,822XML
990December 2022$853,167$866,760$1,096,318IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 64-0317413).

Questions about NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION

What is the EIN of NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION?
The employer identification number (EIN) of NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION is 64-0317413.
Is NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1953.
Are donations to NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION 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 NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION?
The 990 for the year ended December 31, 2024 names WILLIAM SCAGGS.
Who are the officers and directors of NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 27 people; 1 received compensation from the organization, the highest $172,749 (WILLIAM SCAGGS, EXECUTIVE DI).
How much revenue does NORTH MISSISSIPPI INDUSTRIAL DEVELOPMENT ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $825,512, expenses of $850,911 and total assets of $1,010,105 at year end.

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