JACKSON CHAMBER OF COMMERCE

EIN: 640180340

JACKSON, MS

Total Revenue
$711,509
Total Expenses
$600,585
Total Assets
$294,842
Net Assets
$-139,897
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
MS
Principal Officer
JEFF RENT
Phone
6019487575
Tax Period
2023-01-01 to 2023-12-31

JACKSON CHAMBER OF COMMERCE, founded in 1933, is a small nonprofit that reported $712K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 16% operating margin.

Mission

TO MAKE GREATER JACKSON A BETTER PLACE TO LIVE AND WORK FOR OUR CITIZENS BY PROMOTING BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT IN THE GREATER JACKSON AREA FOR EXISTING AS WELL AS PROSPECTIVE BUSINESSES.

Program Service Accomplishments

Program 1

CONTRIBUTED SUPPORT WAS USED TO RENOVATE AND IMPROVE FACILITIES OF THE METRO JACKSON CHAMBER OF COMMERCE AND FOR MARKETING AND PROMOTION OF THE GREATER JACKSON BUSINESS COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $637,273
Program Service Revenue $45,720
Investment Income $899
Other Revenue $27,617
TOTAL REVENUE $711,509

Expense Breakdown

Grants Paid $0
Salaries & Benefits $394,139
Fundraising Expenses $0
Other Expenses $206,446
TOTAL EXPENSES $600,585

Year-over-Year Comparison

2023 2022 Change
Revenue $711,509 $572,859 +0.2%
Expenses $600,585 $590,497 +0.0%
Net Income $110,924 $-17,638 -7.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
37
Independent Members
37
Employees
5
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$197,414
Total Directors
39
$197,414
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBI GREEN VICE PRESIDENT 0.50
Officer Director
$79,080 $1,066 $80,146
JEFF RENT PRESIDENT/CEO 0.50
Officer Director
$115,680 $1,588 $117,268
ROSA M BECKETT DIRECTOR 0.50
Director
$0 $0 $0
DAVID BLOUNT DIRECTOR 0.50
Director
$0 $0 $0
CAROLYN BOTELER DIRECTOR 0.50
Director
$0 $0 $0
DAVID BOWMAN DIRECTOR 0.50
Director
$0 $0 $0
MATT DAVIDSON DIRECTOR 0.50
Director
$0 $0 $0
SAM DEAN DIRECTOR 0.50
Director
$0 $0 $0
JOHNNY DONALDSON DIRECTOR 0.50
Director
$0 $0 $0
KABAH EALY CHAIRMAN-ELECT 0.50
Officer Director
$0 $0 $0
LA'VERNE EDNEY DIRECTOR 0.50
Director
$0 $0 $0
ED GARDNER CHAIRMAN 0.50
Officer Director
$0 $0 $0
MIKE GLADNEY DIRECTOR 0.50
Director
$0 $0 $0
ERRICK GREENE DIRECTOR 0.50
Director
$0 $0 $0
HAROLD HART DIRECTOR 0.50
Director
$0 $0 $0
WHIT HUGHES DIRECTOR 0.50
Director
$0 $0 $0
WENDY HUTCHINS DIRECTOR 0.50
Director
$0 $0 $0
TAMIKA JENKINS DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL JORDAN DIRECTOR 0.50
Director
$0 $0 $0
ROBERT LEARD DIRECTOR 0.50
Director
$0 $0 $0
FELICIA LYLES DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL BOOKER DIRECTOR 0.50
Director
$0 $0 $0
TIM MASK TREASURER 0.50
Officer Director
$0 $0 $0
WILLIE O'NEAL DIRECTOR 0.50
Director
$0 $0 $0
THU PHAN DIRECTOR 0.50
Director
$0 $0 $0
DAVID PHARR DIRECTOR 0.50
Director
$0 $0 $0
GABRIEL PRADO DIRECTOR 0.50
Director
$0 $0 $0
JOHNNY RAY DIRECTOR 0.50
Director
$0 $0 $0
JAMES RIGNEY DIRECTOR 0.50
Director
$0 $0 $0
JIM SHELSON DIRECTOR 0.50
Director
$0 $0 $0
RYAL SIEM DIRECTOR 0.50
Director
$0 $0 $0
DAVID SLIGER DIRECTOR 0.50
Director
$0 $0 $0
CRAIG STOVALL DIRECTOR 0.50
Director
$0 $0 $0
RICKEY THIGPEN DIRECTOR 0.50
Director
$0 $0 $0
TOM TROXLER DIRECTOR 0.50
Director
$0 $0 $0
BOBBIE WARE DIRECTOR 0.50
Director
$0 $0 $0
KYLE WILLIAMS DIRECTOR 0.50
Director
$0 $0 $0
JOHN WISE DIRECTOR 0.50
Director
$0 $0 $0
DR ELAYNE ANTHONY DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $711,509 $600,585 $294,842 $110,924
2022 $572,859 $590,497 $220,694 $-17,638
2021 $668,280 $526,677 $257,146 $141,603
2020 $607,970 $545,645 $160,404 $62,325
2019 $185,700 $885,267 $115,382 $-699,567
2018 $1,299,962 $1,358,882 $863,280 $-58,920
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