Nonprofit · EIN 72-1390352
PINEBELT FOUNDATION
Tax-exempt · HATTIESBURG, MS 39401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $28,479,228 | $6,143,471 | $22,335,757 | $61,930,686 | $1,684,433 | $60,246,253 |
| December 31, 2024 | 990 | $11,155,871 | $6,920,663 | $4,235,208 | $36,368,281 | $1,516,650 | $34,851,631 |
| December 31, 2023 | 990 | $5,581,238 | $3,295,148 | $2,286,090 | $31,175,096 | $1,433,939 | $29,741,157 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $26,637,463
- Program service revenue
- $0
- Investment income
- $1,802,847
- Net rental income
- $2,166
- Net gain from sales of assets
- $709,044
- Net income from fundraising events
- -$14,214
- Other revenue
- $38,918
Expenses
- Grants and similar amounts paid
- $5,696,706
- Other salaries and wages
- $289,212
- Salaries, compensation and benefits (total)
- $333,299
- Professional fundraising fees
- $0
- Accounting fees
- $20,500
- Occupancy
- $21,233
- Travel
- $1,928
- Depreciation
- $5,894
- Program services (functional)
- $5,768,825
- Management and general (functional)
- $326,269
- Fundraising (functional)
- $48,377
Balance sheet and other
- Total assets, start of year
- $36,368,281
- Total assets, end of year
- $61,930,686
- Total liabilities, end of year
- $1,684,433
- Net assets, end of year
- $60,246,253
- Land, buildings and equipment
- $1,245,573
- Publicly traded securities
- $37,189,931
- Net assets without donor restrictions
- $2,992,548
- Net assets with donor restrictions
- $57,253,705
- Gross receipts
- $32,219,662
- Employees
- 6
- Volunteers
- 90
- 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 |
|---|---|---|---|
| CARLOS BROWN | TREASURER Trustee or director, Officer | 1 | $0 |
| PHIL HANBERRY | PAST PRESIDE Trustee or director, Officer | 1 | $0 |
| ANNIE MCMILLAN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| SEAN PRIEBE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| VALERIE WILSON | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLOS BROWN | TREASURER Trustee or director, Officer | 1 | $0 |
| PHIL HANBERRY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LOU MAPP | PAST PRESIDE Trustee or director, Officer | 1 | $0 |
| SEAN PRIEBE | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| VALERIE WILSON | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLOS BROWN | TREASURER Trustee or director, Officer | 1 | $0 |
| PHIL HANBERRY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LOU MAPP | PAST PRESIDE Trustee or director, Officer | 1 | $0 |
| SEAN PRIEBE | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| VALERIE WILSON | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1501 ADELINE ST STE 1, HATTIESBURG, MS 39401-6260
- Principal officer (990 for 2025)
- MIKE DIXON, 1501 ADELINE STREET, HATTIESBURG, MS 39401
- Signed the 990
- MIKE DIXON, EXECUTIVE DIRECTOR
- Phone
- (601) 583-6180
- Website
- PINEBELTFOUNDATION.ORG
- Return prepared by
- HOLT & ASSOCIATES PLLC
Mission
THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION DESIGNED TO SUPPORT CHARITABLE ACTIVITIES TO BENEFIT THE RESIDENTS OF THE PINE BELT AREA OF SOUTH MISSISSIPPI. THE MISSION IS TO BUILD BETTER COMMUNITIES THROUGH PHILANTHROPY. AS A DRIVING FORCE IN OUR REGION, OUR MISSION IS TO BUILD STRONGER COMMUNITIES THROUGH PHILANTHROPY. DONORS CAN ESTABLISH CHARITABLE LEGACIES AND PROVIDE LEADERSHIP TO ADDRESS COMMUNITY NEEDS IN A MANNER THAT IS RESPONSIBLE, RESPONSIVE, AND LASTING.
Program accomplishments
- CONTRIBUTIONS AND PROGRAM SERVICE DISBURSEMENTS FOR CHARITABLE PURPOSES.Expenses $5,454,727 · grants $5,382,608
- SCHOLARSHIPS. THE FOUNDATION GRANTS SCHOLARSHIPS FOR STUDENTS ATTENDING INSTITUTIONS OF HIGHER EDUCATION.Expenses $314,098 · grants $314,098
- CONTRIBUTIONS AND PROGRAM SERVICE DISBURSEMENTS FOR CHARITABLE PURPOSES.
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
- 72-1390352
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $61,930,686
- Income (IRS master file)
- $32,219,662
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $28,479,228 | $6,143,471 | $61,930,686 | IRS |
| 990 | December 2024 | $11,155,871 | $6,920,663 | $36,368,281 | IRS |
| 990 | December 2023 | $5,581,238 | $3,295,148 | $31,175,096 | IRS |
| 990 | December 2022 | $11,076,080 | $5,719,712 | $26,293,716 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | 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 72-1390352).
Questions about PINEBELT FOUNDATION
- What is the EIN of PINEBELT FOUNDATION?
- The employer identification number (EIN) of PINEBELT FOUNDATION is 72-1390352.
- Is PINEBELT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to PINEBELT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PINEBELT 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 PINEBELT 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 PINEBELT 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 PINEBELT FOUNDATION?
- The 990 for the year ended December 31, 2025 names MIKE DIXON.
- Who are the officers and directors of PINEBELT FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PINEBELT FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $28,479,228, expenses of $6,143,471 and total assets of $61,930,686 at year end.
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