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Filing year 2023

MISSISSIPPI BUSINESS FINANCE CORPORATION

Jackson, Mississippi·EIN 64-0679132·501(c)(4)
Total revenue
$1.3M
Total assets
$18.8M
Total expenses
$554k
Reported officers
11
Mission

MAKING LOANS TO QUALIFIED SMALL BUSINESSES TO STIMULATE, PROMOTE & DEVELOP, AND ADVANCE SMALL BUSINESS ACTIVITY IN THE STATE OF MISSISSIPPI.

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.

Executive Di
75th to 90th percentile
$201k
$219k
Base
$190k
Bonus
Other
Benefits
$11k
Secretary
Secretary (Operational)
75th to 90th percentile
$101k
$110k

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 9 unpaid individuals.

Down 9%
from 2022

From $220k in 2022 to $201k in 2023.

$220k
2022
$201k
2023
In today's dollarsEst.
Down 12% in real terms$251k to $219k

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 fell 9% from 2022 to 2023, while revenue rose 5%.

$220k in 2022 to $201k in 2023.
  • Secretary (Operational) pay fell 7% 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 BUSINESS FINANCE CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$774k
2022
$1.3M
$554k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MISSISSIPPI BUSINESS FINANCE CORPORATION

What does the Chief Executive Officer of MISSISSIPPI BUSINESS FINANCE CORPORATION earn?

In 2023, the Chief Executive Officer of MISSISSIPPI BUSINESS FINANCE CORPORATION received $200,856 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MISSISSIPPI BUSINESS FINANCE CORPORATION 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 BUSINESS FINANCE CORPORATION falls between the 75th and 90th percentiles.

What are MISSISSIPPI BUSINESS FINANCE CORPORATION's revenue and expenses?

In 2023, MISSISSIPPI BUSINESS FINANCE CORPORATION reported $1.3M in total revenue and $554k in total expenses on its IRS Form 990.

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