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Organizations Community Improvement & Capacity Building The Montgomery Institute

The Montgomery Institute

Fiscal year ending 2024. Filed on July 15, 2025.

PO Box 1889
Meridian, Mississippi 39302

The Montgomery Institute (EIN: 64-0932080) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, The Montgomery Institute, a 501(c)(3) charitable organization, reported compensation for 3 out of 3 total employees. Among the employees shown here, the average compensation is $52,000. The highest compensated employee at The Montgomery Institute is Beverly Knox with fiscal year 2024 compensation of $52,000.

Revenue, expenses, and employee compensation

Revenue

$402,323

Expenses

$203,815

Employee compensation

$151,200
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Beverly Knox
President
$52,000
$52,000 No related compNo other comp
Cd Smith
Chair
$0
Brad Huff
Treasurer and Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

Lloyd Gray
Director
Michael Dudley
Assistant Treasurer
Soraya Weldon
Director
Tracy Alford
Director

Mission Statement

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

Revisions to this organization profile

July 15, 2025:
2024 The Montgomery Institute 990 filed
July 9, 2024:
2023 The Montgomery Institute 990 filed
February 9, 2023:
2022 The Montgomery Institute 990 filed

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