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Nonprofiteer
← MISSISSIPPI COLLEGE

Form 990 for tax year 2024

Filed by MISSISSIPPI COLLEGE.

Totals

Total revenue
$140,448,605
Total expenses
$130,400,343
Contributions and grants received
$13,025,779
Grants paid
$47,765,023
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$114,775,075
Management and general expenses
$13,911,435
Fundraising expenses
$1,713,833
Program service expenses (Part III)
$114,775,075

Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • AMANDA ALEXANDER-TAYLOR

    TRUSTEE,SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • BILL SONES

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • JANE HEDERMAN

    SECRETARY till 12/31/2024

    Total calculated
    $0
    Hours/week
    1

  • RONNIE FALVEY

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • ART STEVENS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BARRY CORBETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BOB WALLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHIP STEVENS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CONG GREGG HARPER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAVID ELDRIDGE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DEBBIE RICE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DR BRIAN CRAWFORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DR CHAD ALTMYER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DR EDDIE DONAHOE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DWAYNE PICKETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GARY WATTS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEFF HOLLAND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JUDGE TOM LEE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KEN WEATHERSBY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LA'VERNE EDNEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARJORIE LENOIR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • OSCAR MISKELLY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PAUL MOAK JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PERCY THORNTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RALPH BARNES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT WATSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RONNIE SMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROY FOUNTAIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUSAN FORTENBERRY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TINA FULCHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TONY HUFFMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TONY STRINGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • WALLEY HENRY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMES B THOMPSON

    PRESIDENT

    Total calculated
    $390,868
    From this org
    $325,102
    From related orgs
    $0
    Other
    $65,766
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,102
    Bonus
    $0
    Other
    $0
    Deferred
    $48,300
    Nontaxable benefits
    $17,466
    Filer's total
    $390,868

  • LAURA JACKSON

    CFO/COO

    Total calculated
    $208,650
    From this org
    $195,000
    From related orgs
    $0
    Other
    $13,650
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,000
    Bonus
    $0
    Other
    $0
    Deferred
    $13,650
    Nontaxable benefits
    $0
    Filer's total
    $208,650

  • MIKE HIGHFIELD

    EXEXUTIVE VP, PROVOST

    Total calculated
    $310,027
    From this org
    $271,613
    From related orgs
    $0
    Other
    $38,414
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,613
    Bonus
    $0
    Other
    $0
    Deferred
    $20,023
    Nontaxable benefits
    $18,391
    Filer's total
    $310,027

  • VAN K JONES

    CHIEF INFORMATION OFFICER

    Total calculated
    $138,486
    From this org
    $112,692
    From related orgs
    $0
    Other
    $25,794
    Hours/week
    40

  • WILLIAM R TOWNSEND

    VP & GENERAL COUNSEL

    Total calculated
    $214,975
    From this org
    $187,569
    From related orgs
    $0
    Other
    $27,406
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,471
    Bonus
    $0
    Other
    $3,098
    Deferred
    $18,902
    Nontaxable benefits
    $8,504
    Filer's total
    $214,975

  • JOHN P ANDERSON

    DEAN LAW SCHOOL

    Total calculated
    $303,704
    From this org
    $256,593
    From related orgs
    $0
    Other
    $47,111
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $256,593
    Bonus
    $0
    Other
    $0
    Deferred
    $24,749
    Nontaxable benefits
    $22,362
    Filer's total
    $303,704

  • MARCELO L EDUARDO

    DEAN BUSINESS SCHOOL

    Total calculated
    $251,496
    From this org
    $220,638
    From related orgs
    $0
    Other
    $30,858
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,638
    Bonus
    $0
    Other
    $0
    Deferred
    $22,504
    Nontaxable benefits
    $8,354
    Filer's total
    $251,496

  • STANLEY A BALDWIN

    DEAN SCHOOL OF MATH & SCIENCE

    Total calculated
    $245,201
    From this org
    $212,054
    From related orgs
    $0
    Other
    $33,147
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,054
    Bonus
    $0
    Other
    $0
    Deferred
    $21,944
    Nontaxable benefits
    $11,203
    Filer's total
    $245,201

  • DONALD E CAMPBELL

    FACULTY

    Total calculated
    $159,434
    From this org
    $146,856
    From related orgs
    $0
    Other
    $12,578
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,856
    Bonus
    $0
    Other
    $0
    Deferred
    $11,637
    Nontaxable benefits
    $941
    Filer's total
    $159,434

  • JUDITH JOHNSON

    FACULTY

    Total calculated
    $163,933
    From this org
    $146,186
    From related orgs
    $0
    Other
    $17,747
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,186
    Bonus
    $0
    Other
    $0
    Deferred
    $10,493
    Nontaxable benefits
    $7,254
    Filer's total
    $163,933

  • KEITH ELDER

    PROVOST UNTIL 03/08/2024

    Total calculated
    $182,289
    From this org
    $177,980
    From related orgs
    $0
    Other
    $4,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $47,980
    Bonus
    $0
    Other
    $130,000
    Deferred
    $3,298
    Nontaxable benefits
    $1,011
    Filer's total
    $182,289

  • PHILLIP L MCINTOSH

    FACULTY

    Total calculated
    $180,473
    From this org
    $145,273
    From related orgs
    $0
    Other
    $35,200
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,273
    Bonus
    $0
    Other
    $0
    Deferred
    $15,676
    Nontaxable benefits
    $19,524
    Filer's total
    $180,473

  • STEVEN D MULHOLLEN

    FACULTY

    Total calculated
    $156,956
    From this org
    $146,724
    From related orgs
    $0
    Other
    $10,232
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,724
    Bonus
    $0
    Other
    $0
    Deferred
    $10,147
    Nontaxable benefits
    $85
    Filer's total
    $156,956

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
THE PAYMENTS DESCRIBED ARE ONLY MADE TO THE PRESIDENT. THEY ARE ALL SPECIFICALLY DETAILED IN HIS EMPLOYMENT CONTRACT WHICH IS APPROVED BY THE BOARD OF TRUSTEES. THE PRESIDENT OF THE COLLEGE IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE AS WELL AS HOUSEKEEPING SERVICES. THIS RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED AND AS A CONDITION OF EMPLOYMENT AS PRESIDENT OF THE COLLEGE. THE PRESIDENT'S RESIDENCE SHALL BE AVAILABLE, AND SHALL BE USED, FOR COLLEGE-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. THE COLLEGE PAYS FOR CLUB DUES FOR THE PRESIDENT SO THAT HE CAN INTERACT WITH DONORS OF THE COLLEGE. THESE BENEFITS ARE NONTAXABLE. THE PRESIDENT ALSO HAS AN ARRANGEMENT WITH THE COLLEGE WHEREBY HIS DEFERRED COMPENSATION IS TO BE RECEIVED NET OF TAXES WITH THE TAXES BEING PAID BY THE COLLEGE ON HIS BEHALF. THIS DEFERRED COMPENSATION PLAN BECOMES FULLY VESTED ON 6/30/2028.
Schedule J, Part I, Line 4a Severance or change-of-control payment
Keith Elder was paid a severance payment on 3/8/2024 in the amount of $130,000.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE PRESIDENT OF THE COLLEGE PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THAT VESTS ON 6/30/2028.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 April 2026
IRS schema version
2024v5.1
Source object
202631039349300033

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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