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Filing year 2024

DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC

Southaven, Mississippi·EIN 64-0616656·501(c)(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 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Di
Above 90th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 12%.

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

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC

What does the Chief Executive Officer of DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC earn?

In 2024, the Chief Executive Officer of DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC received $361,013 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC falls in the top 10%.

What are DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC's revenue and expenses?

In 2024, DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC reported $1.1M in total revenue and $980k in total expenses on its IRS Form 990.

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