Public Charity

Southeast Mississippi Community Investment Corporation

Based in HATTIESBURG, MS, Southeast Mississippi Community Investment Corporation operates as a Public Charity. The organization reported $40K in revenue, $14K in expenses, $1.3M in total assets for fiscal year 2025.

EIN: 640833343 HATTIESBURG, MS Rural Economic Development NTEE: S32 Latest filing: 2025
Total Revenue$40K
Total Expenses$14K
Total Assets$1.3M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE LOW INTEREST LOANS AND LOAN GUARANTEES TO SMALL AND MINORITY BUSINESSES LOCATED IN SOUTHEAST MISSISSIPPI

Where $100 goes at Southeast Mississippi Community Investment Corporation

How Southeast Mississippi Community Investment Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$16 Programs the work itself
$84 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $16 for programs

$16
During 2025, semcic serviced six existing loans
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Bank Rep Adam Roberts
Community Rep Andie Szabo
Community Rep April Mann
Vice Chair Brady Bezoski
President Chad Newell
Secretary/Treas Charlie Garretson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $40K $14K $1.3M
2024 $44K $14K $1.3M
2023 $27K $15K $1.3M
2022 $10K $11K $1.2M
2021 $10K $17K $1.2M

Between 2021 and 2025, reported annual revenue grew from $10K to $40K (+309%), with total assets most recently reported at $1.3M.

Interactive year-over-year charts and full filing details available with membership.

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