Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 64-0671015

CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC

Tax-exempt · PEARL, MS 39208

Financials

$117K$166K2022$141K$187K2023$108K$205K2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$107,900$204,618-$96,718$1,004,763$30,047$974,716
September 30, 2024990$140,832$186,663-$45,831$1,085,495$14,061$1,071,434
September 30, 2023990$117,356$166,166-$48,810$1,129,253$11,988$1,117,265
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$71,992
Investment income
$35,908
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$113
Accounting fees
$9,850
Travel
$1,690
Program services (functional)
$188,074
Management and general (functional)
$16,544

Balance sheet and other

Total assets, start of year
$1,085,495
Total assets, end of year
$1,004,763
Total liabilities, end of year
$30,047
Net assets, end of year
$974,716
Net assets without donor restrictions
$974,716
Gross receipts
$107,900
Employees
0
Volunteers
9
Year formed
1981
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DE'KEITHER STAMPSPRESIDENT
Trustee or director, Officer
1$0
FRANK QUINNSECRETARY/TREASURER
Trustee or director, Officer
1$0
JARED MORRISONVICE PRESIDENT
Trustee or director, Officer
1$0
DAVID STARLINGDIRECTOR
Trustee or director
1$0
JOHN MORGAN HUGHESDIRECTOR
Trustee or director
1$0
JOHNNY DONALDSONDIRECTOR
Trustee or director
1$0
MICHAEL KEENDIRECTOR
Trustee or director
1$0
PAT BROWNDIRECTOR
Trustee or director
1$0
WENDELL STRINGERDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 9 people
NameTitleHours / weekCompensation
DE'KEITHER STAMPSPRESIDENT
Trustee or director, Officer
1$0
FRANK QUINNSECRETARY/TREASURER
Trustee or director, Officer
1$0
JARED MORRISONVICE PRESIDENT
Trustee or director, Officer
1$0
DAVID STARLINGDIRECTOR
Trustee or director
1$0
JOHN MORGAN HUGHESDIRECTOR
Trustee or director
1$0
JOHNNY DONALDSONDIRECTOR
Trustee or director
1$0
MICHAEL MATTHEWSDIRECTOR
Trustee or director
1$0
PAT BROWNDIRECTOR
Trustee or director
1$0
WENDELL STRINGERDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensation
De'Keither StampsPRESIDENT
Trustee or director, Officer
1$0
Jared MorrisonVICE PRESIDENT
Trustee or director, Officer
1$0
Frank QuinnSECRETARY/TREASURER
Trustee or director, Officer
1$0
David StarlingDIRECTOR
Trustee or director
1$0
Johnny DonaldsonDIRECTOR
Trustee or director
1$0
John Morgan HughesDIRECTOR
Trustee or director
1$0
Wendell StringerDIRECTOR
Trustee or director
1$0
Michael MatthewsDIRECTOR
Trustee or director
1$0
Pat BrownDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1020 CENTRE POINTE BLVD, PEARL, MS 39208-4280
In care of
% CATHY DUKE
Principal officer (990 for 2024)
De'Keither Stamps, 1020 Centre Pointe Blvd, Pearl, MS 39208
Signed the 990
Jennifer Lockhart, Director of Finance
Phone
(601) 981-1515
Return prepared by
Forvis Mazars LLP

Mission

CENTRAL MISSISSIPPI DEVELOPMENT CO., INC. (CMDC) IS A NON-PROFIT CORPORATION ESTABLISHED AND AUTHORIZED UNDER THE SMALL BUSINESS INVESTMENT ACT OF 1958 TO PROVIDE A SOURCE OF LONG-TERM FINANCING FOR SMALL BUSINESS CONCERNS AND THEIR GROWTH, MODERNIZATION AND EXPANSION. CMDC PROVIDES FIXED ASSET FINANCING WHICH IS A BASIS FOR EXPANDING EMPLOYMENT AND INCREASING THE ECONOMIC BASE OF THE SEVEN COUNTY AREA IT SERVES.

990 for the year ended September 30, 2025

Program accomplishments

  • Central Mississippi Development Co., Inc. (CMDC) is authorized to issue bonds. The proceeds from the issuance of bonds are loaned to small businesses to finance fixed assets. The bonds, which are guaranteed by the Small Business Administration, are repaid solely from the proceeds of the promissory notes issued. Since CMDC has no primary obligation under the bonds, the amount of the bonds outstanding is not shown on the financial statements. The amount of outstanding bonds and related notes receivable totaled approximately $10,911,000 at September 30, 2025. Expenses incurred during the year in furtherance of this program service totaled $188,074.
    Expenses $188,074 · revenue $71,992

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 yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
64-0671015
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1983
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,004,763
Income (IRS master file)
$107,900

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$107,900$204,618$1,004,763IRS
990September 2024$140,832$186,663$1,085,495IRS
990September 2023$117,356$166,166$1,129,253XML
990September 2022$127,555$140,312$1,177,883IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 64-0671015).

Questions about CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC

What is the EIN of CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC?
The employer identification number (EIN) of CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC is 64-0671015.
Is CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1983.
Are donations to CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC 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 CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC 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 CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC?
The 990 for the year ended September 30, 2025 names De'Keither Stamps.
Who are the officers and directors of CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC?
The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does CENTRAL MISSISSIPPI DEVELOPMENT COMPANY INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $107,900, expenses of $204,618 and total assets of $1,004,763 at year end.

Other nonprofits in PEARL

All nonprofits in PEARL · Mississippi