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Nonprofit · EIN 85-0869795

WORKFORCE MIDSOUTH INC

Tax-exempt · MEMPHIS, TN 38103

Financials

$12.7M$13.2M2022
Revenue Expenses · by fiscal year end
Financials of WORKFORCE MIDSOUTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$12,705,550$13,180,592-$475,042$2,157,973$2,486,548-$328,575
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$12,705,550
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,211,701
Salaries, compensation and benefits (total)
$1,211,701
Professional fundraising fees
$0
Travel
$67,956
Program services (functional)
$12,018,023
Management and general (functional)
$1,139,971
Fundraising (functional)
$22,598

Balance sheet and other

Total assets, start of year
$3,846,809
Total assets, end of year
$2,157,973
Total liabilities, end of year
$2,486,548
Net assets, end of year
-$328,575
Land, buildings and equipment
$4,846
Net assets without donor restrictions
-$334,924
Net assets with donor restrictions
$6,349
Gross receipts
$12,705,550
Employees
30
Volunteers
10
Year formed
2020
State of legal domicile
TN

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 June 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
Kyla GuyettePresident
Key employee
40$13,066
Lee HarrisDirector
Trustee or director
1$0
Rhea TaylorDirector
Trustee or director
1$0
Maurice GainesDirector
Trustee or director
1$0
Jeff HuffmanDirector
Trustee or director
1$0
James RobinsonDirector
Trustee or director
1$0
Quennetta StanfordDirector
Trustee or director
1$0
Melanie Connell SprenkleDirector
Trustee or director
1$0
Mark HerbisonDirector
Trustee or director
1$0
Emily LandDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
40 S MAIN ST, MEMPHIS, TN 38103-2514
In care of
% J MARTIN REGAN JR
Principal officer (990 for 2022)
Kyla Guyette, 40 S Main St, Memphis, TN 38103
Signed the 990
Kyla Guyette, President
Phone
(901) 707-8800
Return prepared by
BANKS FINLEY WHITE & CO

Mission

Implementation of the workforce innovation & Oportunity Act (WIOA) of 2014. This is a Federal Government funded Act that is channeld through the State of TN Department of Labor & Workforce Development.

990 for the year ended June 30, 2023

Program accomplishments

  • Workforce Mid-South, Inc. (WMS ) is a nonprofit corporation-domestic organzation. Its's primary role is for the implementation of the Workforce Innovation and Opportunity Act (WIOA) of 2014. This is a Federal Government funded Act that is channeled through the State of Tennessee Department of Labor and Workforce Development(TLoD). WIOA provided authorizing legislation for Labor and Workforce Development (TLoD). WIOA provided authorizing legislation for oversight and administration of public employment and training programs delivered through statewide systems. These are primarily assistance to those marginalized populations to upskill retain educate and empower for employment, and improvement in employment. WMS also works with employers to identify skills they need now and in the future. It then works at matching unemloyed to employers. This is done through key programs for Adult, Youth and Dislocated population. WMS partners with other initiatives such as TANF,SNAP, Justice involved etc. to create a comprehensive One Stop System that addresses the needs of those in challenged circumstances. . As presented in its Tennessee registration, WMS shall be funded and equipped to serve the four county areas on West TN, namely Shelby County, Fayette County, Tipton County and Lauderdale County - As a nonprofit corporation, WMS also utilizes other funds to support other initiatives that are outside the scope and restrictions of WIOA activities. These initiatives are complentary to and support the objectives of WIOA and the regional needs of the local communities. The organization also works together with key stakeholders such as policy makers, local businesses, and education entities etc. to better understand the workforce needs, to identify solutions to workforce problems and strategically work to meet those needs.
    Expenses $12,018,023 · revenue $12,705,550

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

IRS record

EIN
85-0869795
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$2,157,973
Income (IRS master file)
$12,705,550

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$12,705,550$13,180,592$2,157,973XML
990June 2022$13,181,588$13,104,304$3,846,809IRS
990June 2021–––IRS

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 85-0869795).

Questions about WORKFORCE MIDSOUTH INC

What is the EIN of WORKFORCE MIDSOUTH INC?
The employer identification number (EIN) of WORKFORCE MIDSOUTH INC is 85-0869795.
Is WORKFORCE MIDSOUTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to WORKFORCE MIDSOUTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORKFORCE MIDSOUTH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORKFORCE MIDSOUTH INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORKFORCE MIDSOUTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of WORKFORCE MIDSOUTH INC?
The 990 for the year ended June 30, 2023 names Kyla Guyette.
Who are the officers and directors of WORKFORCE MIDSOUTH INC?
The 990 for the year ended June 30, 2023 lists 10 people; 1 received compensation from the organization, the highest $13,066 (Kyla Guyette, President).
How much revenue does WORKFORCE MIDSOUTH INC have?
On its 990 for the year ended June 30, 2023 it reported revenue of $12,705,550, expenses of $13,180,592 and total assets of $2,157,973 at year end.

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