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Filing year 2023

MISSISSIPPI BUSINESS FINANCE CORPORATION

Jackson, Mississippi·EIN 64-0679132·4
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 · Schedule J · 2 reported individuals · Filing year 2023

$201k
$219k
Base
$190k
Bonus
Other
Benefits
$11k
Secretary
secretary (operational)
$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.

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.
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