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DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL, INC.

Company Details

Name: DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL, INC.
Jurisdiction: MISSISSIPPI
Business Type: Non Profit Corporation
Status: Good Standing
Effective Date: 05 May 1978 (47 years ago)
Business ID: 200801
ZIP code: 38671
County: DeSoto
State of Incorporation: MISSISSIPPI
Principal Office Address: 4716 Pepper Chase DriveSouthaven, MS 38671-

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2023 640616656 2024-08-19 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 5
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 4716 PEPPER CHASE DRIVE, SOUTHAVEN, MS, 38671

Signature of

Role Plan administrator
Date 2024-08-19
Name of individual signing SUSAN RUTHERFORD
Valid signature Filed with authorized/valid electronic signature
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2022 640616656 2023-10-03 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 5
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 4716 PEPPER CHASE DRIVE, SOUTHAVEN, MS, 38671
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2021 640616656 2022-10-11 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 5
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 4716 PEPPER CHASE DRIVE, SOUTHAVEN, MS, 38671
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2020 640616656 2021-09-14 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 4
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 4716 PEPPER CHASE DRIVE, SOUTHAVEN, MS, 38671
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2019 640616656 2020-07-20 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 4
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 316 W. COMMERCE STREET, HERNANDO, MS, 38632
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2018 640616656 2019-08-14 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 4
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 316 W. COMMERCE STREET, HERNANDO, MS, 38632
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2017 640616656 2018-10-15 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 4
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 316 W. COMMERCE STREET, HERNANDO, MS, 38632
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2016 640616656 2017-03-31 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 3
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 316 W. COMMERCE STREET, HERNANDO, MS, 38632

Signature of

Role Plan administrator
Date 2017-03-31
Name of individual signing SUSAN FERNANDEZ
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-03-31
Name of individual signing SUSAN FERNANDEZ
Valid signature Filed with authorized/valid electronic signature
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 401(K) PLAN 2015 640616656 2016-05-25 DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL 3
File View Page
Three-digit plan number (PN) 002
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 6624294414
Plan sponsor’s address 316 W. COMMERCE STREET, HERNANDO, MS, 38632

Signature of

Role Plan administrator
Date 2016-05-25
Name of individual signing DEBORAH MORGAN
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-05-25
Name of individual signing DEBORAH MORGAN
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
Flanagan, Jim Agent 4716 Pepperchase Drive, Southaven, MS 38671

Incorporator

Name Role Address
GEORGE S MCINGVALE Incorporator H, HERNANDO, MS
ROSS ROBINSON Incorporator H, HERNANDO, MS
WAYNE ANDERSON Incorporator H, HERNANDO, MS

Treasurer

Name Role Address
Davy Hunt Treasurer 5740 Getwell Road, 12-A, Southaven, MS 38672

Secretary

Name Role Address
Rhodes Thompson Secretary 3964 Goodman Rd E Ste 105, Southaven, MS 38671

Chief Executive Officer

Name Role Address
Jim Flanagan Chief Executive Officer 4716 Pepper Chase Drive, Southaven, MS 38671

President

Name Role Address
Diego Lejwa President 5740 Getwell Rd Bldg 6 Ste B, Southaven, MS 38672

Vice President

Name Role Address
John Ray Vice President 11245 N Distribution Cv, Olive Branch, MS 38654

Filings

Type Status Filed Date Description
Non-Profit Status Report Filed 2023-07-10 Status Report For DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL, INC.
Registered Agent Change of Address Filed 2020-12-11 Agent Address Change For Flanagan, Jim
Amendment Form Filed 2012-04-16 Amendment
Undetermined Event Filed 1978-05-23 Undetermined Event
Name Reservation Form Filed 1978-05-05 Name Reservation

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
64-0616656 Corporation Unconditional Exemption 4716 PEPPER CHASE DR, SOUTHAVEN, MS, 38671-7432 1994-12
In Care of Name -
Group Exemption Number 0000
Subsection Board of Trade, Business League, Chamber of Commerce, Real Estate Board
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Literary Organization, Social Welfare Organization, Labor Organization, Chamber of Commerce, Mutual Cooperative Telephone Co.
Deductibility Contributions are not deductible.
Foundation All organizations except 501(c)(3)
Tax Period 2023-12
Asset 500,000 to 999,999
Income 500,000 to 999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 719565
Income Amount 972815
Form 990 Revenue Amount 972815
National Taxonomy of Exempt Entities -
Sort Name -

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
EIN 64-0616656
Tax Period 202212
Filing Type E
Return Type 990O
File View File
Organization Name DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
EIN 64-0616656
Tax Period 202112
Filing Type E
Return Type 990O
File View File
Organization Name DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
EIN 64-0616656
Tax Period 201912
Filing Type E
Return Type 990O
File View File
Organization Name DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
EIN 64-0616656
Tax Period 201812
Filing Type E
Return Type 990O
File View File
Organization Name DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
EIN 64-0616656
Tax Period 201712
Filing Type E
Return Type 990O
File View File
Organization Name DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
EIN 64-0616656
Tax Period 201612
Filing Type E
Return Type 990O
File View File
Organization Name DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
EIN 64-0616656
Tax Period 201512
Filing Type E
Return Type 990O
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2479087203 2020-04-16 0470 PPP 316 West COMMERCE ST, HERNANDO, MS, 38632-2120
Loan Status Date 2021-02-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 108760
Loan Approval Amount (current) 108760
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39334
Servicing Lender Name Trustmark National Bank
Servicing Lender Address 248 E Capitol St, JACKSON, MS, 39201-2503
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address HERNANDO, DESOTO, MS, 38632-2120
Project Congressional District MS-01
Number of Employees 4
NAICS code 926110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 39334
Originating Lender Name Trustmark National Bank
Originating Lender Address JACKSON, MS
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 109551.53
Forgiveness Paid Date 2021-01-07
1068968400 2021-02-01 0470 PPS 4716 Pepper Chase Dr, Southaven, MS, 38671-7432
Loan Status Date 2022-02-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 68548
Loan Approval Amount (current) 68548
Undisbursed Amount 0
Franchise Name -
Lender Location ID 188567
Servicing Lender Name Loan Source Incorporated
Servicing Lender Address 353 East 83rd Street Suite 3H, NEW YORK, NY, 10028
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Southaven, DESOTO, MS, 38671-7432
Project Congressional District MS-01
Number of Employees 5
NAICS code 926110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 39334
Originating Lender Name Trustmark National Bank
Originating Lender Address JACKSON, MS
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 69025.02
Forgiveness Paid Date 2021-10-22

Date of last update: 16 Apr 2025

Sources: Mississippi Secretary of State