Nonprofits›Mississippi Business Finance Corporation
Mississippi Business Finance Corporation
JACKSON, MS
Total revenue
$1.3M
Total expenses
$554K
Net assets
$17.1M
Grants received
—
EIN
640679132
Tax year
2023
Mission
Making loans to qualified small businesses to stimulate, promote & develop, and advance small business activity in the state of mississippi.
Financials
FY 2023
Revenue
Contributions & grants—
Program service revenue$130K
Investment income$842K
Other revenue$300K
Total revenue$1.3M
Expenses
Grants paid—
Salaries & benefits$279K
Fundraising—
Other expenses$275K
Total expenses$554K
Total assets$18.8M
Net assets$17.1M
People
11 listed
NameRoleCompensation
LARRY MOBLEY
EXECUTIVE DI
Board
$190K
40 hrs/wk
DEBBIE MCCOLLUM
SECRETARY
Board
$93K
40 hrs/wk
MICHAEL BOERNER
DIRECTOR
Board
—
1 hrs/wk
CAROLYN BOTELER
DIRECTOR
Board
—
1 hrs/wk
NOEL DANIELS
DIRECTOR
Board
—
1 hrs/wk
WILLIAM D SONES
PRESIDENT/DI
Board
—
2 hrs/wk
BOBBY JAMES
DIRECTOR
Board
—
1 hrs/wk
COLBY JORDAN
DIRECTOR
Board
—
1 hrs/wk
MARK WIGGINS
DIRECTOR
Board
—
1 hrs/wk
MERLE FLOWERS
DIRECTOR
Board
—
1 hrs/wk
WILLIAM L FREEMAN JR
VICE PRESIDE
Board
—
2 hrs/wk
Details
EIN640679132
Subsection04
Ruling date1983-10
Formed1983
Employees3