Southwest Ms Economic Partnership

Nonprofit profile at a glance

EIN
475179923
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Brookhaven, MS, USA
Phone
6018331411
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$17,241
Expenses
$26,323
Assets
$97,167

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • CHANDLER RUSS (PRESIDENT)

People named in this filing

  • CHANDLER RUSS (PRESIDENT)
  • JACOB POOLE (DIRECTOR)
  • JEFFRY SCOTT WESBERRY (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The southwest Mississippi economic partnership (the partnership) is a regional economic development marketing association whose purpose is to market the area as a primary location for industrial investment. The plan of work and associated activities, which began in september 2015, include branding the region as an attractive option for company investment by marketing and advertising through multiple platforms. The membership of the partnership will utilize platforms including a website, industry specific business case analysis reports, printed materials, coordinated visits to targeted business consultants, brokers, and corporate site selection professionals, and collaborating with the Mississippi development authority, entergy Mississippi, and south Mississippi electric power association. In addition, the partnership will maintain a database of industrial real estate in the area for the purposes of responding to specific property requests. This database will consist of property suitabl

What it reported doing in 2024

Economic development of southwest Mississippi

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -52.7%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 3.69; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -0.5% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: 13.8% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.