Nonprofit · EIN 64-0295300
OKOLONA AREA CHAMBER OF COMMERCE
Tax-exempt · OKOLONA, MS 38860
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $46,855 | $135,084 | -$88,229 | $82,053 | $857 | $81,196 |
| December 31, 2024 | 990 | $204,307 | $71,039 | $133,268 | $170,653 | $509 | $170,144 |
| December 31, 2023 | 990 | $27,832 | $45,343 | -$17,511 | $38,497 | $1,621 | $36,876 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $43,961
- of which government grants
- $17,175
- Membership dues
- $10,081
- Program service revenue
- $0
- Investment income
- $2,894
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $17,663
- Salaries, compensation and benefits (total)
- $19,084
- Professional fundraising fees
- $0
- Accounting fees
- $2,606
- Occupancy
- $3,818
- Travel
- $1,348
- Program services (functional)
- $89,702
- Management and general (functional)
- $39,138
- Fundraising (functional)
- $6,244
Balance sheet and other
- Total assets, start of year
- $170,653
- Total assets, end of year
- $82,053
- Total liabilities, end of year
- $857
- Net assets, end of year
- $81,196
- Land, buildings and equipment
- $5,807
- Net assets without donor restrictions
- $81,196
- Gross receipts
- $46,855
- Employees
- 1
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNIE GATES | TREASURER Trustee or director, Officer | – | $0 |
| MARGIA MARLEY | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNIE GATES | TREASURER Trustee or director, Officer | – | $0 |
| MARGIA MOORE | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARA BURNS-FARNED | SECOND VICE Trustee or director, Officer | – | $0 |
| ANNIE GATES | TREASURER Trustee or director, Officer | – | $0 |
| STEVEN SCHULTZ | PRESIDENT Trustee or director, Officer | – | $0 |
| KELVIN STANDFIELD | FIRST VICE P Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 446, OKOLONA, MS 38860-0446
- Mailing address (990-N for 2010)
- P O Box 268, Okolona MS 38860
- Principal officer (990 for 2025)
- ANNIE GATES, P O BOX 441, OKOLONA, MS 38860
- Principal officer (990-N for 2010)
- Perry Grubbs, P O Box 446, Okolona MS 38860
- Signed the 990
- ANNIE GATES, TREASURER
- Phone
- (662) 447-5913
- Website
- okolona.org
- Return prepared by
- WATKINS WARD AND STAFFORD PLLC
Mission
TO PROMOTE THE CIVIC, ECONOMIC AND SOCIAL WELFARE OF THE CITIZENS OF OKOLONA AND CHICKASAW COUNTY, MISSISSIPPI AND TO PRESERVE THE COMPETITIVE ENTERPRISE SYSTEM OF BUSINESS BY CREATING A BETTER UNDERSTANDING AND APPRECIATION OF THE IMPORTANCE OF THE BUSINESS WORLD AND A CONCERN FOR ITS PROBLEMS AND CREATING MORE INTELLIGENT BUSINESS AND PUBLIC OPINION REGARDING THE CITY, COUNTY, STATE AND NATIONAL LEGISLATIVE AND POLITICAL AFFAIRS, ENCOURAGING AND PROMOTING THE EXPANSION AND GROWTH OF BUSINESS AND THE COUNTY.
Program accomplishments
- TO PROMOTE THE CIVIC, ECONOMIC AND SOCIAL WELFARE OF THE CITIZENS OF OKOLONA AND CHICKASAW COUNTY, MISSISSIPPI AND TO PRESERVE THE COMPETITIVE ENTERPRISE SYSTEM OF BUSINESS BY CREATING A BETTER UNDERSTANDING AND APPRECIATION OF THE IMPORTANCE OF THE BUSINESS WORLD AND A CONCERN FOR ITS PROBLEMS AND CREATING MORE INTELLIGENT BUSINESS AND PUBLIC OPINION REGARDING THE CITY, COUNTY, STATE AND NATIONAL LEGISLATIVE AND POLITICAL AFFAIRS, ENCOURAGING AND PROMOTING THE EXPANSION AND GROWTH OF BUSINESS AND THE COUNTY.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 64-0295300
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S46)
- Assets (IRS master file)
- $82,053
- Income (IRS master file)
- $46,855
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $46,855 | $135,084 | $82,053 | IRS |
| 990 | December 2024 | $204,307 | $71,039 | $170,653 | IRS |
| 990 | December 2023 | $27,832 | $45,343 | $38,497 | XML |
| 990 | December 2022 | $37,390 | $41,550 | $55,840 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Perry Grubbs | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 64-0295300).
Questions about OKOLONA AREA CHAMBER OF COMMERCE
- What is the EIN of OKOLONA AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of OKOLONA AREA CHAMBER OF COMMERCE is 64-0295300.
- Is OKOLONA AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
- Are donations to OKOLONA AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OKOLONA AREA CHAMBER OF COMMERCE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OKOLONA AREA CHAMBER OF COMMERCE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OKOLONA AREA CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of OKOLONA AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 names ANNIE GATES.
- Who are the officers and directors of OKOLONA AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does OKOLONA AREA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $46,855, expenses of $135,084 and total assets of $82,053 at year end.
Other nonprofits in OKOLONA
- NORTH MS HOUSING DEVELOPMENT CORPORATION EIN 99-2337586 · last filed 990 for 2025
- MISSISSIPPI MINORITY FARMERS ALLIANCE INC EIN 46-5131800 · last filed 990 for 2024
- KIDS FIRST PRESCHOOL & CHILDCARE EIN 81-1067697 · last filed 990 for 2024
- EXCEL INC EIN 64-0801905 · last filed 990 for 2025
- APPA-ASSOCIATION OF HIGHER EDUCATION FACILITIES OFFICERS EIN 23-7001063 · last filed 990 for 2026
- WREN VOLUNTEER FIRE DEPARTMENT INC C/O JAMES C ARCHER EIN 64-0704300 · last filed 990-EZ for 2025
- GRACE HOUSING EIN 87-4626378 · last filed 990 for 2025
- OKOLONA CONCERNED PARENTS ORGANIZATION EIN 82-4975874 · last filed 990-N for 2025
All nonprofits in OKOLONA · Mississippi · Community improvement and capacity building