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Filing year 2024

DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC

Southaven, Mississippi·EIN 64-0616656·6
Total revenue
$1.1M
Total assets
$835k
Total expenses
$980k
Reported officers
43
Mission

DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP, COORDINATE AND RECRUIT NEW AND EXPANDED INDUSTRY,BUSINESS AND TRADE IN DESOTO COUNTY. THE COUNCIL ALSO WAS A PART OF AN EDUCATION- INDUSTRY PARTNERSHP THAT CREATED A NEW CAREER TECH CENTER IN OLIVE BRANCH TO PROMOTE JOB CREATION AND TRAINING PROGRAMS TO MEET THE GROWING NEEDS OF THE COUNTY.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$361k
$383k
Base
$344k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 42 unpaid individuals.

Up 14%
from 2023

From $315k in 2023 to $361k in 2024.

$315k
2023
$361k
2024
In today's dollarsEst.
Up 11% in real terms$345k to $383k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$973k
$931k
2023
$1.1M
$980k
2024
Total revenue and total expenses from IRS Form 990 filings.
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DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC | Southaven, MS | Lucido