Mississippians For Economic Progress Inc in Ridgeland, Mississippi (MS)

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Mississippians For Economic Progress Inc
Employer Identification Number (EIN)640945796
Name of OrganizationMississippians For Economic Progress Inc
AddressPO BOX 3025, Ridgeland, MS 39158-3025
SubsectionBoard of Trade
Ruling Date04/2002
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$129,118
Amount of Income$33,557
Form 990 Revenue Amount$32,763
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2013: $33,557 (it was $27,316 in 2012)
This organization: 

 $33,557
Other organizations performing similar types of work: 

 $88,861

Assets in 2013: $129,118 (it was $178,226 in 2012)
This organization: 

 $129,118
Other organizations performing similar types of work: 

 $51,691

Expenses in 2013: $81,871
This organization: 

 $81,871
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2013: 0.4
Mississippians For Economic Progress Inc: 

 0.4
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$56,046$27,316$32,763
Contributions, gifts, grants, and similar amounts received$0$10,000$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$50,575$14,750$33,350
Investment income$311$166$107
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$5,160$2,400$-694
Gross income from gaming$0$0$0
Gross income from fundraising events$6,830$2,400$100
Less: direct expenses from gaming and fundraising events$1,670$0$794
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$109,842$83,074$81,871
Total net assets$233,984$178,226$129,118
Excess/Deficit for the year$-53,796$-55,758$-49,108
Net assets or fund balances at beginning of year$287,780$233,984$178,226
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$178,226$129,118
Balance Sheets
201120122013
Total assets$233,984$178,226$129,118
Total liabilities$0$0$0
Net assets or fund balances$233,984$178,226$129,118
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Project Management Institute, Pmi Binghamton Chapter Inc520 Hooper Rd Number 253, Endwell, NY 13760NY2001-04$257,428,422
2Society For Human Resource Management, Wiregrass Hr Management AssociationP O Box 10361, Dothan, AL 36304AL1965-09$199,974,984
3Gsma Ltd1000 Abernathy Road, Atlanta, GA 30328-5606GA2007-01$164,095,769
4Edison Electric Institute701 Pennsylvania Avenue Nw, Washington, DC 20004-2608DC1942-07$154,319,211
5Consumer Electronics Association1919 South Eads Street, Arlington, VA 22202-3028VA2000-04$131,978,893
6Film Muscians Secondary Markets Fund12001 Ventura Pl Fl 5, Studio City, CA 91604-2622CA2008-04$99,051,961
7American Psychiatric Association1000 Wilson Blvd Ste 1825, Arlington, VA 22209-3924VA2000-01$87,433,725
8Texas Fair Plan Association, TfpaPO BOX 99080, Austin, TX 78709-9080TX2005-10$84,767,398
9Unsatisfied Claims & Judgement Fund233 Mount Airy Rd, Basking Ridge, NJ 07920-2338NJ2006-06$81,820,634
10Gsm Mou Association, Gsm AssociationLondon England Ec4n 8af, United Kingdominternational2007-01$79,057,217
11Mississippi Society Of Certified Public Accountants306 Southhampton Row, Ridgeland, MS 39157-2042MS1944-11$1,557,104
12Mississippi Workers Compensation Self Insurers Guaranty AssociationPO BOX 2354, Clinton, MS 39060-2354MS2000-09$804,587
13Mississippi Independent Pharmacies Association400 Fontaine Pl Ste 102, Ridgeland, MS 39157-5231MS2005-01$436,318
14Flowood Best1115 Laurel Park Cove Suite 108, Flowood, MS 39232MS2007-07$436,114
15Economic Development Center Ofwashington County IncPO BOX 933, Greenville, MS 38702-0933MS2007-10$435,957
16Professional Bail Agents Association Of MississippiPO BOX 959, Ridgeland, MS 39158-0959MS2002-09$405,891
17Housing Association Of Mississippi Inc7538 Old Canton Rd, Madison, MS 39110-8967MS2002-05$268,597
18Meridian Main Steet IncPO BOX 545, Meridian, MS 39302-0545MS2008-03$215,555
19Northeast Mississippi Board Of Realtors Inc84 Clark Blvd, Tupelo, MS 38804-2801MS2004-03$186,216
20North Central Ms Board Of RealtorsPO BOX 2904, Oxford, MS 38655-2925MS2009-11$180,830
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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