Tishomingo County Development Foundation

Overview

The Tishomingo County Development Foundation is a nonprofit organization designated as a 501(c)(4) social welfare organization. It operates primarily to promote community welfare for charitable, educational, or recreational purposes within Tishomingo County, Mississippi.

Purpose and Activities

The foundation actively promotes economic and community development within Tishomingo County. Its efforts focus on enhancing local economic conditions by supporting industries and employers in the area. The foundation leverages its resources to foster a productive workforce environment and encourages strategic investments that benefit both the community and businesses.

Financials

As of the latest available financial data, the organization derives nearly all its revenue from contributions. In recent years, these contributions have accounted for approximately 99.9% of the foundation's total revenue. The organization's expenses are mainly directed towards salaries and wages for personnel involved in its programs and initiatives.

Community Impact

Tishomingo County itself boasts several advantages that support the foundation's mission, including a highly rated unified school system, which ranks in the top 10% in the state. Students typically score above the national average on the ACT, reflecting the county's strong educational standards.

The county is also recognized for its attractive business environment, being identified as one of the top ten sites in the South for manufacturing and rural locations for reshored industries. Notable investments include Mississippi Silicon's $200 million facility and Comfort Revolution's large-scale manufacturing and distribution operation.

Governance and Leadership

The foundation is led by key officers and directors who manage its strategic direction and daily operations. These leaders work to ensure the organization effectively supports local development initiatives and promotes community welfare.

Tax Status

Donations to the Tishomingo County Development Foundation are not tax-deductible, as is typical for 501(c)(4) organizations. This status allows the foundation to engage in lobbying activities and advocate for policy changes aligned with its mission.