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Filing year 2023

MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT

Ridgeland, Mississippi·EIN 64-0204860·501(c)(6)
Total revenue
$3.3M
Total assets
$4.8M
Total expenses
$2.9M
Reported officers
22
Mission

THE MISSISSIPPI BANKERS ASSOCIATION PROVIDES MEMBERS WITH THE LATEST INFORMATION RELATED TO BANKING LAWS, TAX LAWS, ACCOUNTING METHODS AND BANK OPERATIONS.THE MBA ALSO FUNDS THE MBA SCHOOL OF BANKING AND THE MISSISSIPPI YOUNG BANKERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

President
Above 90th percentile
$466k
$509k
Base
$384k
Bonus
$7k
Other
Benefits
Vice Pres-op
Highest Compensated Employee
25th percentile to median
$139k
$152k

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 20 unpaid individuals.

Up 7%
from 2022

From $436k in 2022 to $466k in 2023.

$436k
2022
$466k
2023
In today's dollarsEst.
Up 2% in real terms$497k to $509k

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 7% from 2022 to 2023, while revenue rose 11%.

$436k in 2022 to $466k in 2023.
  • Highest Compensated Employee pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.9M
$2.6M
2022
$3.3M
$2.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT

What does the Chief Executive Officer of MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT earn?

In 2023, the Chief Executive Officer of MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT received $466,227 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 MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT falls in the top 10%.

What are MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT's revenue and expenses?

In 2023, MISSISSIPPI ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT reported $3.3M in total revenue and $2.9M in total expenses on its IRS Form 990.

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