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EIN 64-0811158

East Mississippi Business Development Corporation (EMBDC)

IRS 501(c) type
501(c)(6)
Num. employees
7
City
Meridian
State
Mississippi
Year formed
1996
Most recent tax filings
2023-09-01
NTEE code, primary
X00: Religion: General
Description
The East Mississippi Business Development Corporation is a not-for-profit organization that serves as the Chamber of Commerce and Economic Development agency for Meridian and Lauderdale County. The mission of the EMBDC is to empower a diverse leadership culture to achieve economic wealth through excellence in education, new investment, and the nurturing of existing business and industry. Formed in 1996 by a group of visionary business leaders, the EMBDC serves the City of Meridian, Town of Marion, Lauderdale County, and over 500 dues-paying members.
Total revenues
$894,482
2023
Total expenses
$1,104,555
2023
Total assets
$2,402,085
2023
Num. employees
7
2023

Program areas at EMBDC

Promotion of economic Development and service

Who funds East Mississippi Business Development Corporation (EMBDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Enterprise Holdings FoundationProgram Support$2,500

Personnel at EMBDC

NameTitleCompensation
Bill HannahPresident$246,528
Archie McDonnellPast Chair$0
Jonathan BellTreasurer$0
Ann AlexanderDirector$0
Debra MathisOfficer$0
...and 3 more key personnel

Financials for EMBDC

RevenuesFYE 09/2023
Total grants, contributions, etc.$921,835
Program services$0
Investment income and dividends$6,751
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-34,104
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$894,482

Form 990s for EMBDC

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-15990View PDF
2021-092022-08-15990View PDF
2020-092021-08-18990View PDF
2019-092020-10-14990View PDF
...and 9 more Form 990s
Data update history
September 21, 2024
Updated personnel
Identified 3 new personnel
July 23, 2024
Received grants
Identified 1 new grant, including a grant for $2,500 from Enterprise Holdings Foundation
October 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 13, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Public sector nonprofitsTrade associationsChambers of commerceBusiness and community development organizations
Issues
ReligionCommunity improvementEconomic developmentBusiness and industry
Characteristics
ReligiousMembershipsState / local levelReceives government funding
General information
Address
200 22nd Ave
Meridian, MS 39301
County
Lauderdale County, MS
Phone
(601) 693-1306
Facebook page
EMBDC 
Twitter profile
@embdcmdn 
IRS details
EIN
64-0811158
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
X00: Religion: General
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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