East Mississippi Business Development Foundation

East Mississippi Business Development Foundation

Meridian, MS, US
501(c)3
EIN
20-0178999

East Mississippi Business Development Foundation

Meridian, MS, US
501(c)3
EIN
20-0178999

Overview

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Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The East Mississippi Business Development Foundation, with EIN 20-0178999, is dedicated to promoting economic development in Meridian and Lauderdale County, focusing on the redevelopment and new development of downtown and rural areas to combat community deterioration. Operating with a budget of $92.3K and total revenue of $128.3K for the 2025 filing year, the organization does not appear to rely on any single funder for 50% or more of its revenue.

Mission Statement

TO PROVIDE ECONOMIC DEVELOPMENT SERVICES IN THE CITY OF MERIDIAN AND LAUDERDALE COUNTY. THE FOUNDATION'S PRIMARY OBJECTIVE IS THE PROMOTE REDEVELOPMENT AND NEW DEVELOPMENT OF THE DOWNTOWN AND RURAL COUNTY AREAS AND TO COMBAT THE OVERALL COMMUNITY DETERIORATION OF THESE AREAS.
Revenues

$128.3K

Expenses

$92.3K

Net Income:
+$35.9K
Assets

$154.6K

Liabilities

$13K

Net Assets:
+$141.6K
Operating Budget

$92.3K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$2.5K
Largest grant received
$2.5K
K
Katie Coleman
Board Member
B
Brandye Latimer
Board Member
M
Michael Gibson
Board Member

Frequently Asked Questions

What is East Mississippi Business Development Foundation’s budget?
In 2025, East Mississippi Business Development Foundation reported an annual operating budget of around $92 thousand. More detailed financial information is available to registered users.
What causes does East Mississippi Business Development Foundation support?
East Mississippi Business Development Foundation supports work in Rural development.
Where does East Mississippi Business Development Foundation operate?
East Mississippi Business Development Foundation is headquartered in Meridian, MS.
Who funded East Mississippi Business Development Foundation recently?
In 2024, East Mississippi Business Development Foundation received grants from PHIL HARDIN FOUNDATION, PHIL HARDIN FOUNDATION, and PHIL HARDIN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant East Mississippi Business Development Foundation received in 2024?
The largest grant to East Mississippi Business Development Foundation in 2024 exceeds $2,500.
Overview
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