Nonprofit · EIN 72-1380444
MID-SOUTH HOUSING FOUNDATION
Tax-exempt · OXFORD, MS 38655
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $130,631 | $278,528 | -$147,897 | $26,895,609 | $254 | $26,895,355 |
| December 31, 2024 | 990 | $0 | $200,503 | -$200,503 | $27,054,948 | $74,196 | $26,980,752 |
| December 31, 2023 | 990 | $200,095 | $170,130 | $29,965 | $27,227,591 | $109,732 | $27,117,859 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $120,272
- Investment income
- $10,359
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $57,000
- Other salaries and wages
- $146,800
- Salaries, compensation and benefits (total)
- $150,821
- Professional fundraising fees
- $0
- Accounting fees
- $3,775
- Travel
- $298
- Program services (functional)
- $93,366
- Management and general (functional)
- $185,162
Balance sheet and other
- Total assets, start of year
- $27,054,948
- Total assets, end of year
- $26,895,609
- Total liabilities, end of year
- $254
- Net assets, end of year
- $26,895,355
- Net assets without donor restrictions
- $26,895,355
- Gross receipts
- $130,631
- Employees
- 1
- Year formed
- 1997
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARENCE W CHAPMAN | PRESIDENT Trustee or director | 8 | $0 | $121,200 |
| JOHN SCHMIDT | TREASURER Trustee or director | 4 | $0 | $5,000 |
| JOHN CHAPMAN | DIRECTOR Trustee or director | 4 | $0 | $5,000 |
| CLARENCE C CHAPMAN JR | SECRETARY Trustee or director | 4 | $0 | $0 |
| CHARLES MCCLELLAND | DIRECTOR Trustee or director | – | $0 | $0 |
| SALLY SHY | DIRECTOR Trustee or director | – | $0 | $0 |
| ROSCOE Z WORD JR | DIRECTOR Trustee or director | – | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARENCE W CHAPMAN | PRESIDENT Trustee or director | 8 | $0 | $77,500 |
| CLARENCE C CHAPMAN JR | SECRETARY Trustee or director | 4 | $0 | $12,500 |
| JOHN SCHMIDT | TREASURER Trustee or director | 4 | $0 | $5,000 |
| JOHN CHAPMAN | DIRECTOR Trustee or director | 4 | $0 | $5,000 |
| CHARLES MCCLELLAND | DIRECTOR Trustee or director | – | $0 | $0 |
| SALLY SHY | DIRECTOR Trustee or director | – | $0 | $0 |
| ROSCOE Z WORD JR | DIRECTOR Trustee or director | – | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARENCE W CHAPMAN | PRESIDENT Trustee or director | 8 | $0 | $54,203 |
| CLARENCE C CHAPMAN JR | SECRETARY Trustee or director | 4 | $0 | $18,341 |
| JOHN SCHMIDT | TREASURER Trustee or director | 4 | $0 | $14,512 |
| JOHN CHAPMAN | DIRECTOR Trustee or director | 4 | $0 | $5,841 |
| CHARLES MCCLELLAND | DIRECTOR Trustee or director | – | $0 | $0 |
| SALLY SHY | DIRECTOR Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 550, OXFORD, MS 38655-0550
- In care of
- % C W CHAPMAN
- Principal officer (990 for 2025)
- CLARENCE W CHAPMAN, 2330 UNIVERSITY AVENUE, OXFORD, MS 38655
- Signed the 990
- CLARENCE W CHAPMAN, PRESIDENT
- Phone
- (662) 236-5080
- Return prepared by
- CONE & SMITH PC
Mission
TO ENGAGE IN THE DEVELOPMENT, FINANCING, CONSTRUCTION, RENOVATION, REHABILITATION, MANAGEMENT, AND OTHERWISE PROVIDING FOR AND FOSTERING LOW AND MODERATE INCOME HOUSING IN THE MID-SOUTH.
Program accomplishments
- PROVIDE PERMANENT LONG-TERM FINANCING TO AFFORDABLE HOUSING DEVELOPMENTS.
- ALL SALARIES AND ALL EXPENSES HAVE BEEN SPENT IN SERVICING AND COLLECTING THE OUTSTANDING MORTGAGE LOAN PAYMENTS AND IN PURSUING FUNDING FOR ADDITIONAL AFFORDABLE HOUSING DEVELOPMENTS. ADDITIONALLY, WORKING WITH OTHER NON-PROFITS TO OBTAIN GRANTS TO FUND SERVICES TO LOW INCOME RESIDENTS IN AFFORDABLE HOUSING DEVELOPMENTS. THIS TAKES UP A CONSIDERABLE AMOUNT OF TIME AND WILL TAKE UP MORE IN THE FUTURE, AS WE WILL BE MANAGING AND EXPANDING PROGRAMS SUPPORTING OUR NON-PROFIT PURPOSE.
- TO SUPPORT THE GREATER COMMUNITY BY PROVIDING FINANCIAL ASSISTANCE TO OTHER CHARITABLE ORGANIZATIONS THAT MEET EDUCATIONAL,RELIGIOUS AND CIVIC NEEDS.Expenses $93,366 · grants $57,000
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
- 72-1380444
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $26,895,609
- Income (IRS master file)
- $130,631
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $130,631 | $278,528 | $26,895,609 | XML |
| 990 | December 2024 | $0 | $200,503 | $27,054,948 | XML |
| 990 | December 2023 | $200,095 | $170,130 | $27,227,591 | XML |
| 990 | December 2022 | $391,180 | $73,557 | $27,150,394 | 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 72-1380444).
Questions about MID-SOUTH HOUSING FOUNDATION
- What is the EIN of MID-SOUTH HOUSING FOUNDATION?
- The employer identification number (EIN) of MID-SOUTH HOUSING FOUNDATION is 72-1380444.
- Is MID-SOUTH HOUSING FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MID-SOUTH HOUSING FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MID-SOUTH HOUSING 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 MID-SOUTH HOUSING FOUNDATION 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 MID-SOUTH HOUSING FOUNDATION 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 MID-SOUTH HOUSING FOUNDATION?
- The 990 for the year ended December 31, 2025 names CLARENCE W CHAPMAN.
- Who are the officers and directors of MID-SOUTH HOUSING FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does MID-SOUTH HOUSING FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $130,631, expenses of $278,528 and total assets of $26,895,609 at year end.
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All nonprofits in OXFORD · Mississippi · Housing and shelter