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Filing year 2024

MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL

Jackson, Mississippi·EIN 64-0684730·501(c)(6)
Total revenue
$515k
Total assets
$592k
Total expenses
$506k
Reported officers
19
Mission

THE MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL, INC.(MEDC) IS A PROFESSIONAL ASSOCIATION OF ECONOMIC DEVELOPMENT, CHAMBERS AND ASSOCIATED STAKEHOLDERS WHO WORK TOGETHER TO ADVANCE THE PROFESSION AND TO ADVANCE ECONOMIC DEVELOPMENT EFFORTS IN MISSISSIPPI THROUGH ADVOCACY, COLLABORATION, EDUCATION AND BY PROVIDING RESOURCES TO ITS MEMBERS. MEDC IS THE VOICE OF THE ECONOMIC DEVELOPMENT PROFESSION IN THE STATE.

Executive compensation

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
25th percentile to median
$81k
$85k

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 18 unpaid individuals.

Climbed 7%
over 2 years

From $75k in 2022 to $81k in 2024.

$75k
2022
$79k
2023
$81k
2024
In today's dollarsEst.
Down 1% in real terms$86k to $85k

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 2024, while revenue rose 1%.

$75k in 2022 to $81k in 2024.

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

MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL reported revenue and expenses across 3 filing years.

RevenueExpenses
$510k
$456k
2022
$560k
$509k
2023
$515k
$506k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL

What does the Chief Executive Officer of MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL earn?

In 2024, the Chief Executive Officer of MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL received $80,544 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL falls between the 25th percentile and the median.

What are MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL's revenue and expenses?

In 2024, MISSISSIPPI ECONOMIC DEVELOPMENT COUNCIL reported $515k in total revenue and $506k in total expenses on its IRS Form 990.

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