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East Mississippi Business Development Corp

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Religion Related, Spiritual Development N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$894k (2023)

Expenses
$1.1M (2023)

Total Assets
$2.4M (2023)

Total Liabilities
$595k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$894,482
Expenses
$1,104,555
Net Income
-$210,073
Net Assets
$1,807,422
Notable Sources of Revenue Percent of Total Revenue
Contributions $921,835
> 100%
Program Services $0
Investment Income $6,751
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income -$34,104
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $246,528
22.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,402,085
Total Liabilities $594,663
Net Assets $1,807,422
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $246,528 $0 $0
Ann Alexander (Director) $0 $0 $0
Jonathan Bell (Treasurer) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Larkin Kennedy (Director) $0 $0 $0
Richmond Alexander (Director) $0 $0 $0
Archie Mcdonnell Jr (Past Chair) $0 $0 $0
Kacey Bailey (Director) $0 $0 $0
John Anderson (Director) $0 $0 $0
Jorge Frias (Director) $0 $0 $0
David Hall (Director) $0 $0 $0
Jimmy Copeland (Director) $0 $0 $0
John Mark Cain (Past Chair) $0 $0 $0
Donnie Massey (Director) $0 $0 $0
Justin Mcdonald (Director) $0 $0 $0
Jerome Roberts (Director) $0 $0 $0
Wade Sims (Director) $0 $0 $0
Daniel Wile (Director) $0 $0 $0
Col Cynthia Smith (Director) $0 $0 $0
Chris Phillips (Director) $0 $0 $0
Debra Mathis (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$820,650
Expenses
$857,212
Net Income
-$36,562
Net Assets
$2,017,495
Notable Sources of Revenue Percent of Total Revenue
Contributions $794,118
96.8%
Program Services $0
Investment Income $6,392
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income -$1,272
Net Fundraising $0
Sales of Assets $21,412
2.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $245,342
28.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,643,777
Total Liabilities $626,282
Net Assets $2,017,495
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $245,342 $0 $0
Ann Alexander (Director) $0 $0 $0
Jonathan Bell (Treasurer) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Larkin Kennedy (Director) $0 $0 $0
Richmond Alexander (Director) $0 $0 $0
Archie Mcdonnell Jr (Past Chair) $0 $0 $0
Josh Waters (Director) $0 $0 $0
John Anderson (Director) $0 $0 $0
Jorge Frias (Director) $0 $0 $0
David Hall (Director) $0 $0 $0
Jimmy Copeland (Director) $0 $0 $0
Dixie Labruyere (Director) $0 $0 $0
Donnie Massey (Director) $0 $0 $0
Justin Mcdonald (Director) $0 $0 $0
Jerome Roberts (Director) $0 $0 $0
Wade Sims (Director) $0 $0 $0
Daniel Wile (Director) $0 $0 $0
Terry Dale Cruse (Director) $0 $0 $0
Commodore Robert Lanane Ii (Director) $0 $0 $0
Chris Phillips (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$997,219
Expenses
$822,100
Net Income
$175,119
Net Assets
$2,054,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $979,464
98.2%
Program Services $0
Investment Income $5,268
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,487
1.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $329,773
40.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,653,489
Total Liabilities $599,432
Net Assets $2,054,057
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $246,574 $0 $0
Ann Alexander (Director) $0 $0 $0
Jonathan Bell (Treasurer) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Larkin Kennedy (Director) $0 $0 $0
Richmond Alexander (Director) $0 $0 $0
Archie Mcdonnell Jr (Past Chair) $0 $0 $0
Josh Waters (Director) $0 $0 $0
John Anderson (Director) $0 $0 $0
Jorge Frias (Director) $0 $0 $0
David Hall (Director) $0 $0 $0
Jimmy Copeland (Director) $0 $0 $0
Dixie Labruyere (Director) $0 $0 $0
Donnie Massey (Director) $0 $0 $0
Justin Mcdonald (Director) $0 $0 $0
Jerome Roberts (Director) $0 $0 $0
Wade Sims (Director) $0 $0 $0
Daniel Wile (Director) $0 $0 $0
Terry Dale Cruse (Director) $0 $0 $0
Commodore Robert Lanane Ii (Director) $0 $0 $0
Chris Phillips (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,146,492
Expenses
$948,872
Net Income
$197,620
Net Assets
$1,878,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,070,863
93.4%
Program Services $0
Investment Income $4,589
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $71,040
6.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $212,000
22.3%
Professional Fundraising Fees $0
Other Salaries and Wages $221,832
23.4%
Assets/Debt
Total Assets $2,606,162
Total Liabilities $727,224
Net Assets $1,878,938
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $212,000 $0 $0
Ann Alexander (Director) $0 $0 $0
Jonathan Bell (Treasurer) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Larkin Kennedy (Director) $0 $0 $0
Jeff Mccoy (Chairman) $0 $0 $0
Archie Mcdonnell Jr (Vice President) $0 $0 $0
Josh Waters (Director) $0 $0 $0
John Anderson (Director) $0 $0 $0
Jorge Frias (Director) $0 $0 $0
David Hall (Director) $0 $0 $0
Michael Harvey (Director) $0 $0 $0
Dixie Labruyere (Director) $0 $0 $0
Donnie Massey (Director) $0 $0 $0
Justin Mcdonald (Director) $0 $0 $0
Jerome Roberts (Director) $0 $0 $0
Wade Sims (Director) $0 $0 $0
Daniel Wile (Director) $0 $0 $0
Amy Carter (Director) $0 $0 $0
Anne Mcmillan (Director) $0 $0 $0
Col Britt Watson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,199,837
Expenses
$851,024
Net Income
$348,813
Net Assets
$1,681,318
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,130,297
94.2%
Program Services $0
Investment Income $3,500
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $66,040
5.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $398,751
46.9%
Assets/Debt
Total Assets $2,443,384
Total Liabilities $762,066
Net Assets $1,681,318
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $212,000 $0 $0
Ann Alexander (Director) $0 $0 $0
Jonathan Bell (Treasurer) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Scott Hudson (Director) $0 $0 $0
Larkin Kennedy (Director) $0 $0 $0
Jeff Mccoy (Chairman) $0 $0 $0
Archie Mcdonnell Jr (Vice President) $0 $0 $0
Josh Waters (Director) $0 $0 $0
Cheryl Thomas (Director) $0 $0 $0
James White (Director) $0 $0 $0
John Anderson (Director) $0 $0 $0
Jorge Frias (Director) $0 $0 $0
David Hall (Director) $0 $0 $0
Michael Harvey (Director) $0 $0 $0
Dixie Labruyere (Director) $0 $0 $0
Donnie Massey (Director) $0 $0 $0
Daniel Wile (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,447,842
Expenses
$1,155,383
Net Income
$292,459
Net Assets
$1,332,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,415,487
97.8%
Program Services $0
Investment Income $1,981
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,254
1.4%
Net Inventory Sales $0
Other Revenue $10,120
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $470,623
40.7%
Assets/Debt
Total Assets $2,100,169
Total Liabilities $767,664
Net Assets $1,332,505
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $212,000 $0 $0
Eddie Kelly (Director) $0 $0 $0
Jonathan Bell (Treasurer) $0 $0 $0
John Breaux (Director) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Dusty Culpepper (Director) $0 $0 $0
Tim Hogan (Director) $0 $0 $0
Scott Hudson (Director) $0 $0 $0
Larkin Kennedy (Director) $0 $0 $0
Jeff Mccoy (Chairman) $0 $0 $0
Archie Mcdonnell Jr (Vice President) $0 $0 $0
Josh Waters (Director) $0 $0 $0
Cheryl Thomas (Director) $0 $0 $0
James White (Director) $0 $0 $0
David Hall (Director) $0 $0 $0
Daniel Wile (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,061,917
Expenses
$916,109
Net Income
$145,808
Net Assets
$1,040,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,027,169
96.7%
Program Services $0
Investment Income $1,600
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $33,148
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $473,755
51.7%
Assets/Debt
Total Assets $1,752,885
Total Liabilities $712,839
Net Assets $1,040,046
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $200,000 $0 $0
Ann Alexander (Director) $0 $0 $0
Abdul Lala (Director) $0 $0 $0
Eddie Kelly (Director) $0 $0 $0
Jonathan Bell (Treasurer) $0 $0 $0
John Breaux (Director) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Dusty Culpepper (Director) $0 $0 $0
Tim Hogan (Director) $0 $0 $0
Scott Hudson (Director) $0 $0 $0
Bob Luke (Director) $0 $0 $0
Larkin Kennedy (Director) $0 $0 $0
Jeff Mccoy (Chairman) $0 $0 $0
Archie Mcdonnell Jr (Vice President) $0 $0 $0
Josh Waters (Director) $0 $0 $0
Cheryl Thomas (Director) $0 $0 $0
James White (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$885,057
Expenses
$796,503
Net Income
$88,554
Net Assets
$978,819
Notable Sources of Revenue Percent of Total Revenue
Contributions $852,739
96.3%
Program Services $0
Investment Income $1,451
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,200
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,667
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $418,831
52.6%
Assets/Debt
Total Assets $1,096,954
Total Liabilities $118,135
Net Assets $978,819
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $200,000 $0 $0
Ann Alexander (Director) $0 $0 $0
Abdul Lala (Director) $0 $0 $0
Eddie Kelly (Director) $0 $0 $0
Wilbert Jones (Director) $0 $0 $0
Jonathan Bell (Director) $0 $0 $0
John Breaux (Director) $0 $0 $0
Cole Cardwell (Director) $0 $0 $0
Dusty Culpepper (Director) $0 $0 $0
Tim Hogan (Director) $0 $0 $0
Barbara Jones (Director) $0 $0 $0
Bob Luke (Director) $0 $0 $0
Chuck Reece (Director) $0 $0 $0
Jeff Mccoy (Director) $0 $0 $0
Archie Mcdonnell Jr (Director) $0 $0 $0
Josh Waters (Director) $0 $0 $0
Tim Allred (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$882,988
Expenses
$821,851
Net Income
$61,137
Net Assets
$890,265
Notable Sources of Revenue Percent of Total Revenue
Contributions $850,767
96.4%
Program Services $0
Investment Income $1,354
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,200
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,667
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $417,938
50.9%
Assets/Debt
Total Assets $1,024,098
Total Liabilities $133,833
Net Assets $890,265
Compensation
Key Employees and Officers Compensation Related Other
Bill Hannah (President) $200,000 $0 $0
Ann Alexander (Director) $0 $0 $0
Wayne Henson (Director) $0 $0 $0
Tim Hogan (Director) $0 $0 $0
Bob Luke (Director) $0 $0 $0
Chuck Reece (Director) $0 $0 $0
Tim Allred (Director) $0 $0 $0
Jonathan Bell (Director) $0 $0 $0
John Breaux (Director) $0 $0 $0
Dusty Culpepper (Director) $0 $0 $0
Barbara Jones (Director) $0 $0 $0
Wilbert Jones (Director) $0 $0 $0
Eddie Kelly (Director) $0 $0 $0
Abdul Lala (Director) $0 $0 $0
Jeff Mccoy (Director) $0 $0 $0
Josh Waters (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$849,909
Expenses
$819,982
Net Income
$29,927
Net Assets
$835,478
Notable Sources of Revenue Percent of Total Revenue
Contributions $817,702
96.2%
Program Services $0
Investment Income $1,340
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,200
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,667
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $437,348
53.3%
Assets/Debt
Total Assets $972,417
Total Liabilities $136,939
Net Assets $835,478
Compensation
Key Employees and Officers Compensation Related Other
Wade Jones (President) $150,000 $0 $0
Ann Alexander (Director) $0 $0 $0
Cd Smith (Director) $0 $0 $0
Wanda Cooper (Director) $0 $0 $0
Jerry Greene (Director) $0 $0 $0
Tim Hogan (Director) $0 $0 $0
Tim Allred (Director) $0 $0 $0
Barbara Jones (Director) $0 $0 $0
Wilbert Jones (Director) $0 $0 $0
Eddie Kelly (Director) $0 $0 $0
Abdul Lala (Director) $0 $0 $0
Wayne Henson (Director) $0 $0 $0
Bob Luke (Director) $0 $0 $0
Chuck Reece (Director) $0 $0 $0
Tim Walker (Director) $0 $0 $0
Jeff Mccoy (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$853,517
Expenses
$829,993
Net Income
$23,524
Net Assets
$805,550
Notable Sources of Revenue Percent of Total Revenue
Contributions $818,569
95.9%
Program Services $0
Investment Income $1,717
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,200
0.5%
Net Fundraising $0
Sales of Assets $2,364
0.3%
Net Inventory Sales $0
Other Revenue $26,667
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $432,449
52.1%
Assets/Debt
Total Assets $956,108
Total Liabilities $150,558
Net Assets $805,550

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$799,236
Expenses
$772,391
Net Income
$26,845
Net Assets
$782,026
Notable Sources of Revenue Percent of Total Revenue
Contributions $792,356
99.1%
Program Services $0
Investment Income $2,680
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,200
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $404,525
52.4%
Assets/Debt
Total Assets $870,485
Total Liabilities $88,459
Net Assets $782,026

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$807,894
Expenses
$786,284
Net Income
$21,610
Net Assets
$755,181
Notable Sources of Revenue Percent of Total Revenue
Contributions $802,415
99.3%
Program Services $0
Investment Income $2,878
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,601
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $397,873
50.6%
Assets/Debt
Total Assets $845,528
Total Liabilities $90,347
Net Assets $755,181

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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