MISSISSIPPI POWER COMPANY, A MISSISSIPPI CORPORATION, DETERMINED THAT THERE IS A NEED TO ENCOURAGE ECONOMIC GROWTH AND INVESTMENT IN THEIR SERVICE AREA AND WITHIN THE STATE OF MISSISSIPPI.THE PURPOSE OF THIS TRUST IS TO (1) PROVIDE FUNDS TO IMPROVE THE ECONOMIC GROWTH AND DEVELOPMENT OF BUSINESS AND INDUSTRY IN MS THROUGH FUNDING A SEED CAPITAL CORPORATION OR SIMILAR ENTITY.(2) THE TRUST WILL PROVIDE THE DEPARTMENT OF ECONOMIC DEVELOPMENT OF THE STATE OF MS WITH FUNDS FOR A RESOURCE PRESENTATION CENTER.(3) THE TRUST ENCOURAGES PRIVATE INDUSTRY TO CONTRIBUTE, INVEST, AND PARTICIPATE IN THE ECONOMIC DEVELOPMENT IN THE STATE OF MS IN THE SPIRIT OF THE ECONOMIC DEVELOPMENT REFORM ACT.
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 Philanthropy, Voluntarism & Grantmaking organizations in Louisiana.
| Position | Total |
|---|---|
Trustee Board Member 25th percentile to median | $26k $27k |
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.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at MISSISSIPPI ECONOMIC RESOURCE TRUST equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 16%
from 2023
From $22k in 2023 to $26k in 2024.
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.
Board Member pay rose 16% from 2023 to 2024, while revenue fell 88%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
MISSISSIPPI ECONOMIC RESOURCE TRUST reported revenue and expenses across 2 filing years.
What Philanthropy, Voluntarism & Grantmaking executives earn in Louisiana
Comparable philanthropy, voluntarism & grantmaking organizations in Louisiana pay their highest-earning executive a median of $43,200.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 183 organizations across 183 filings (2022 – 2024).
See full Philanthropy, Voluntarism & Grantmaking pay data for Louisiana →Common questions about MISSISSIPPI ECONOMIC RESOURCE TRUST
What does the Board Member of MISSISSIPPI ECONOMIC RESOURCE TRUST earn?
In 2024, the Board Member of MISSISSIPPI ECONOMIC RESOURCE TRUST received $25,525 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Louisiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at MISSISSIPPI ECONOMIC RESOURCE TRUST compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Louisiana, the 2024 pay of the Board Member at MISSISSIPPI ECONOMIC RESOURCE TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at MISSISSIPPI ECONOMIC RESOURCE TRUST equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are MISSISSIPPI ECONOMIC RESOURCE TRUST's revenue and expenses?
In 2024, MISSISSIPPI ECONOMIC RESOURCE TRUST reported $506k in total revenue and $365k in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
How to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read moreHow to Benchmark Nonprofit Executive Compensation
A step-by-step approach to using IRS Form 990 data for compensation benchmarking and peer comparison.
Read more