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MISSISSIPPI ECONOMIC RESOURCE TRUST

NEW ORLEANS, Louisiana, 70139

EIN: 64-6193927

Philanthropy, Voluntarism and Grantmaking Foundations

DEMOGRAPHIC

ADDRESS
701 POYDRAS STREET STE 3100
70139
COUNTY
orleans county, LA
IN CARE OF NAME
HANCOCK BANK TTEE

ORGANIZATIONAL OVERVIEW & RANKINGS

MISSISSIPPI ECONOMIC RESOURCE TRUST is a based in NEW ORLEANS, LA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes . Established in March 1997, it operates as an independent trust and contributions are not tax-deductible .

With total assets of $12,922,127.00, this ranks 49,394 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 452 out of 33,837 organizations in LA (Top 2%).

In orleans county, LA, the organization ranks 153 out of 4,883 nonprofits by assets (Top 4%), while locally in new orleans, it stands at 159 among 5,022 organizations (Top 4%).

The organization reported annual revenue of $4,228,607.00, ranking 53,850 nationally (Top 3%) and 542 in LA (Top 2%).

Within its specific NTEE classification (T20I - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 198 similar organizations, MISSISSIPPI ECONOMIC RESOURCE TRUST ranks 14 in assets (Top 7%) and 9 in revenue (Top 5%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
2: Trust
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Attracting new industry or retaining industry in an area
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$8,325,981.00
FORM 990 REVENUE AMOUNT
$4,228,607.00
RULING DATE
03/1997
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$12,922,127.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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