Public Charity

THE MONTGOMERY INSTITUTE

THE MONTGOMERY INSTITUTE, of MERIDIAN, MS, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $402K in revenue, $204K in expenses, $2.2M in total assets. 9 publicly reported grants to this organization, totaling roughly $129K, appear in IRS filings.

EIN: 640932080 MERIDIAN, MS Latest filing: 2024
Total Revenue$402K
Total Expenses$204K
Total Assets$2.2M
Grant Records9
Funding Total$129K
Filing Years2020–2024

Mission

THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED FOR THE FOLLOWING EXCLUSIVELY CHARITABLE, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW (REFERRED TO IN THESE ARTICLES OF INCORPORATION AS THE "CODE"): TO EDUCATE, TRAIN, AND INFORM CITIZEN LEADERS WHO WILL THEN BE ABLE TO INSTIGATE, NURTURE, PROMOTE, COORDINATE, AND ASSIST IN THE FORMATION, DIRECTION, AND EXECUTION OF UNDERTAKINGS LEADING TO THE UPBUILDING OF COMMUNITIES IN THE EASTERN PORTION OF MISSISSIPPI AND WESTERN PORTION OF ALABAMA, WITH EMPHASIS ON ACTIVITIES THAT REVITALIZE OR STABILIZE LOW- OR MODERATE-INCOME GEOGRAPHIES AND DISTRESSED OR UNDERSERVED NONMETROPOLITAN MIDDLE-INCOME GEOGRAPHIES DESIGNATED BY THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, FEDERAL DEPOSIT INSURANCE CORPORATION, AND OFFICE OF THE COMPTROLLER OF THE CURRENCY. IN ACCORDANCE WITH THIS PURPOSE, T

Officers & Directors

PRESIDENT Beverly Knox
TREASURER/SECRETARY Brad Huff
CHAIRMAN Cd Smith
DIRECTOR Lloyd Gray
ASSISTANT TREASURER Michael Dudley
DIRECTOR Soraya Weldon

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY HEALTH IMPROVEMENT NETWORK
$60,000 3 grants
Education Grant
$22,000 1 grant
Policy
$15,000 1 grant
FOR RECIPIENT'S EXEMPT PURPOSE
$10,000 1 grant
EDUCATION
$9,900 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $402K $204K $2.2M
2023 $272K $259K $2.0M
2022 $275K $380K $2.0M
2021 $820K $444K $2.1M
2020 $299K $426K $1.8M

Between 2020 and 2024, reported annual revenue grew from $299K to $402K (+34%), with total assets most recently reported at $2.2M.

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

See the full picture for THE MONTGOMERY INSTITUTE

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