Form 990 for tax year 2022
Filed by FOUNDATION FOR THE MID SOUTH INC.
Totals
- Total revenue
- $1,593,028
- Total expenses
- $1,757,905
- Contributions and grants received
- $1,301,213
- Grants paid
- $151,100
- Program service revenue
- $0
- Investment income
- $291,815
- Other revenue
- $0
- Total assets, end of year
- $19,522,565
- Total liabilities, end of year
- $3,135,909
- Net assets or fund balances, end of year
- $16,386,656
- Program services expenses (Part IX)
- $1,257,905
- Management and general expenses
- $496,893
- Fundraising expenses
- $3,107
- Program service expenses (Part III)
- $1,257,905
Program services were 71.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
THEODORE BUNTING JR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
CARLOS E MOORE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
CANDACE RANDLE PERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
GARY WILTZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
KENNETH TRAMBLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MITZI WOODS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ELLIS ARNOLD III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LAURA LANDREAUX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DR IVYE L ALLEN
PRESIDENT
- Total calculated
- $223,883
- From this org
- $186,692
- From related orgs
- $0
- Other
- $37,191
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $186,692
- Bonus
- $0
- Other
- $0
- Deferred
- $22,403
- Nontaxable benefits
- $14,788
- Filer's total
- $223,883
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
TO ASSIST INDIVIDUALS IN SEVERAL RURAL COMMUNITIES ACROSS THE MISSISSIPPI DELTA WITH OBTAINING WORKFORCE OPPORTUNITIES WITH TRANSPORTATION WHO LIVE IN SUNFLOWER COUNTY AND ACROSS THE DELTA REGION.
-
TO SUPPORT EFFORTS TO DEMONSTRATE TO LOCAL RESIDENTS THAT A HEALTHY COMMUNITY IS SYNONYMOUS WITH A PROSPEROUS COMMUNITY THROUGH KEY ACTIVITIES AND INFORMATION AT THE ANNUAL MISSISSIPPI DELTA BLUES & HERITAGE FESTIVAL AND DELTA DIALOGUE.
-
TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. TO WORK TO IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES IN ALIGNMENT WITH A STRAIGHTFORWARD AND LONG-TERM APPROACH OF ENABLING COMMUNITIES TO DEVELOP SOLUTIONS TO BETTER CONDITIONS AND IMPROVE LIVES. TO WORK COLLECTIVELY WITH OTHER INCLUSION COALITION PARTNERS TO STRENGTHEN THEIR RESPECTIVE ORGANIZATIONS, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS.
-
$10,000
TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. TO WORK TO IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES IN ALIGNMENT WITH A STRAIGHTFORWARD AND LONG-TERM APPROACH OF ENABLING COMMUNITIES TO DEVELOP SOLUTIONS TO BETTER CONDITIONS AND IMPROVE LIVES. TO WORK COLLECTIVELY WITH OTHER INCLUSION COALITION PARTNERS TO STRENGTHEN THEIR RESPECTIVE ORGANIZATIONS, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS.
-
$10,000
TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. TO WORK TO IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES IN ALIGNMENT WITH A STRAIGHTFORWARD AND LONG-TERM APPROACH OF ENABLING COMMUNITIES TO DEVELOP SOLUTIONS TO BETTER CONDITIONS AND IMPROVE LIVES. TO WORK COLLECTIVELY WITH OTHER INCLUSION COALITION PARTNERS TO STRENGTHEN THEIR RESPECTIVE ORGANIZATIONS, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS.
-
$10,000
TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. TO WORK TO IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES IN ALIGNMENT WITH A STRAIGHTFORWARD AND LONG-TERM APPROACH OF ENABLING COMMUNITIES TO DEVELOP SOLUTIONS TO BETTER CONDITIONS AND IMPROVE LIVES. TO WORK COLLECTIVELY WITH OTHER INCLUSION COALITION PARTNERS TO STRENGTHEN THEIR RESPECTIVE ORGANIZATIONS, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS.
-
TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. TO WORK TO IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES IN ALIGNMENT WITH A STRAIGHTFORWARD AND LONG-TERM APPROACH OF ENABLING COMMUNITIES TO DEVELOP SOLUTIONS TO BETTER CONDITIONS AND IMPROVE LIVES. TO WORK COLLECTIVELY WITH OTHER INCLUSION COALITION PARTNERS TO STRENGTHEN THEIR RESPECTIVE ORGANIZATIONS, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
FOUNDATION FOR THE MID-SOUTH PROPERTIES LLC
RENTAL · MS · assets $387,265
Directly controlled by FOUNDATION FOR THE MID SOUTH INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349320205
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