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Mississippi Surplus Lines Association

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$3.32M (2024)

Expenses
$1.02M (2024)

Total Assets
$10.3M (2024)

Total Liabilities
$135k (2024)

Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,320,554
Expenses
$1,017,638
Net Income
$2,302,916
Net Assets
$10,133,950
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,692,301
81.1%
Investment Income $274,856
8.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $353,397
10.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $128,750
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $256,940
25.2%
Assets/Debt
Total Assets $10,268,917
Total Liabilities $134,967
Net Assets $10,133,950
Compensation
Key Employees and Officers Compensation Related Other
Julie Mc Lemore (Executive Director) $125,000 $0 $3,750
Christopher Mathison (Chairman) $0 $0 $0
Linda Trifone (Treasurer) $0 $0 $0
Matthew Koury (Vice Chairman) $0 $0 $0
Preston Gough Iii (Secretary) $0 $0 $0
David Phillips (Director) $0 $0 $0
Mike Leach (Director) $0 $0 $0
Mims Mclennan (Director) $0 $0 $0
Roger Elfert (Director) $0 $0 $0
Truitt Taylor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,783,567
Expenses
$1,014,556
Net Income
$1,769,011
Net Assets
$12,621,551
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,574,437
92.5%
Investment Income $237,246
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$28,116
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $148,389
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $182,158
18.0%
Assets/Debt
Total Assets $12,842,612
Total Liabilities $221,061
Net Assets $12,621,551
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $142,682 $0 $5,707
Christopher Mathison (Chairman) $0 $0 $0
Linda Trifone (Treasurer) $0 $0 $0
Matthew Koury (Secretary) $0 $0 $0
Mims Mclennan (Vice Chairman) $0 $0 $0
David Phillips (Director) $0 $0 $0
Preston Gough Iii (Director) $0 $0 $0
Roger Elfert (Director) $0 $0 $0
Truitt Taylor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,592,835
Expenses
$789,976
Net Income
$1,802,859
Net Assets
$10,073,912
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,457,302
94.8%
Investment Income $152,259
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$16,726
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $141,571
17.9%
Professional Fundraising Fees $0
Other Salaries and Wages $123,134
15.6%
Assets/Debt
Total Assets $10,301,399
Total Liabilities $227,487
Net Assets $10,073,912
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $136,126 $0 $5,445
Christopher Mathison (Chairman) $0 $0 $0
Mims Mc Lennan (Vice Chairman) $0 $0 $0
David Phillips (Director) $0 $0 $0
Matthew Koury (Secretary) $0 $0 $0
Linda Trifone (Treasurer) $0 $0 $0
Roger Elfert (Director) $0 $0 $0
Preston Gough Iii (Director) $0 $0 $0
Truitt Taylor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,996,666
Expenses
$720,643
Net Income
$1,276,023
Net Assets
$9,201,363
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,861,404
93.2%
Investment Income $109,924
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,338
1.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $136,560
18.9%
Professional Fundraising Fees $0
Other Salaries and Wages $147,535
20.5%
Assets/Debt
Total Assets $9,264,368
Total Liabilities $63,005
Net Assets $9,201,363
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $131,308 $0 $5,252
Christopher Mathison (Chairman) $0 $0 $0
Mims Mc Lennan (Vice Chairman) $0 $0 $0
David Phillips (Director) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Matthew Koury (Secretary) $0 $0 $0
Linda Trifone (Director) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
Roger Elfert (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,803,984
Expenses
$731,737
Net Income
$1,072,247
Net Assets
$7,524,781
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,847,408
> 100%
Investment Income $122,436
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$165,860
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $131,664
18.0%
Professional Fundraising Fees $0
Other Salaries and Wages $180,251
24.6%
Assets/Debt
Total Assets $7,589,156
Total Liabilities $64,375
Net Assets $7,524,781
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $126,600 $0 $5,064
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Christopher Mathison (Chairman) $0 $0 $0
Mims Mc Lennan (Vice Chairman) $0 $0 $0
David Phillips (Director) $0 $0 $0
Roger Elfert (Director) $0 $0 $0
Matthew Koury (Secretary) $0 $0 $0
Linda Trifone (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,792,252
Expenses
$793,899
Net Income
$998,353
Net Assets
$7,607,419
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,597,667
89.1%
Investment Income $190,246
10.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,339
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $136,190
17.2%
Professional Fundraising Fees $0
Other Salaries and Wages $167,640
21.1%
Assets/Debt
Total Assets $7,668,706
Total Liabilities $61,287
Net Assets $7,607,419
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $123,000 $0 $13,191
Preston Gough Jr (Director) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Christopher Mathison (Chairman) $0 $0 $0
Mims Mc Lennan (Vice Chairman) $0 $0 $0
David Phillips (Secretary) $0 $0 $0
Roger Elfert (Director) $0 $0 $0
Matthew Koury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,536,075
Expenses
$726,225
Net Income
$809,850
Net Assets
$6,253,875
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,385,663
90.2%
Investment Income $151,595
9.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,183
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $120,421
16.6%
Professional Fundraising Fees $0
Other Salaries and Wages $164,399
22.6%
Assets/Debt
Total Assets $6,301,563
Total Liabilities $47,688
Net Assets $6,253,875
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $115,905 $0 $4,516
Preston Gough Jr (Director) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Christopher Mathison (Chairman) $0 $0 $0
Mims Mc Lennan (Vice Chairman) $0 $0 $0
David Phillips (Secretary) $0 $0 $0
Roger Elfert (Director) $0 $0 $0
Matthew Koury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,521,170
Expenses
$689,475
Net Income
$831,695
Net Assets
$5,731,386
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,426,126
93.8%
Investment Income $89,235
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,809
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $113,999
16.5%
Professional Fundraising Fees $0
Other Salaries and Wages $169,934
24.6%
Assets/Debt
Total Assets $5,769,719
Total Liabilities $38,333
Net Assets $5,731,386
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $109,730 $0 $8,302
Preston Gough Jr (Director) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Chris Boone (Director) $0 $0 $0
Christopher Mathison (Chairman) $0 $0 $0
Ray Robertson (Vice Chairman) $0 $0 $0
David Phillips (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,140,770
Expenses
$671,158
Net Income
$469,612
Net Assets
$4,834,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,391,102
> 100%
Investment Income $59,603
5.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$309,935
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $119,217
17.8%
Professional Fundraising Fees $0
Other Salaries and Wages $160,952
24.0%
Assets/Debt
Total Assets $4,868,092
Total Liabilities $33,766
Net Assets $4,834,326
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $105,165 $0 $14,052
Preston Gough Jr (Director) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Chris Boone (Director) $0 $0 $0
Christopher Mathison (Chairman) $0 $0 $0
Ray Robertson (Vice Chairman) $0 $0 $0
David Phillips (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,471,189
Expenses
$636,729
Net Income
$834,460
Net Assets
$4,095,397
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,328,551
90.3%
Investment Income $151,040
10.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,402
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $115,326
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $151,418
23.8%
Assets/Debt
Total Assets $6,137,346
Total Liabilities $2,041,949
Net Assets $4,095,397
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $101,689 $0 $13,637
Preston Gough Jr (Director) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Chris Boone (Director) $0 $0 $0
Christopher Mathison (Chairman) $0 $0 $0
Ray Robertson (Vice Chairman) $0 $0 $0
David Phillips (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,491,905
Expenses
$669,263
Net Income
$822,642
Net Assets
$6,397,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,328,648
89.1%
Investment Income $139,581
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $23,676
1.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $108,583
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $126,515
18.9%
Assets/Debt
Total Assets $6,421,789
Total Liabilities $24,610
Net Assets $6,397,179
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $95,200 $0 $13,383
Preston Gough Jr (Director) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Chris Boone (Director) $0 $0 $0
Christopher Mathison (Chairman) $0 $0 $0
Ray Robertson (Vice Chairman) $0 $0 $0
David Phillips (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,295,305
Expenses
$786,830
Net Income
$508,475
Net Assets
$5,643,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,278,357
98.7%
Investment Income $105,767
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$88,819
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $105,213
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $141,569
18.0%
Assets/Debt
Total Assets $5,674,173
Total Liabilities $30,338
Net Assets $5,643,835
Compensation
Key Employees and Officers Compensation Related Other
Peggy Dronet (Executive Director) $92,500 $0 $12,713
Preston Gough Jr (Chairman) $0 $0 $0
Thomas Quaka (Treasurer) $0 $0 $0
John Chalk Jr (Director) $0 $0 $0
Chris Boone (Director) $0 $0 $0
Christopher Mathison (Vice Chairman) $0 $0 $0
Ray Robertson (Secretary) $0 $0 $0
David Phillips (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,297,563
Expenses
$826,316
Net Income
$471,247
Net Assets
$5,110,811
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,212,098
93.4%
Investment Income $91,601
7.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,136
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $94,806
11.5%
Professional Fundraising Fees $0
Other Salaries and Wages $136,628
16.5%
Assets/Debt
Total Assets $5,150,368
Total Liabilities $39,557
Net Assets $5,110,811

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,363,373
Expenses
$780,565
Net Income
$582,808
Net Assets
$4,626,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,291,094
94.7%
Investment Income $71,829
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $450
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $85,304
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $161,473
20.7%
Assets/Debt
Total Assets $4,664,671
Total Liabilities $38,194
Net Assets $4,626,477

Document Links

Fiscal Year Ending Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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

Fiscal Year Ending Dec.
2004

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

What Is 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 »

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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.
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  • 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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