2015-12-18T09:30:01-06:00 2015-06-30 640903390 GRANTHAM POOLE ET AL PLLC 1062 HIGHLAND COLONY PARKWAY SUITE 201 RIDGELAND MS 39157 990 2014-07-01 640793424 MISSISSIPPI PRISON INDUSTRIES CORPORATION MISS 6019695760 663 NORTH STATE STREET JACKSON MS 39202 BRAD CURTIS CEO 6019695760 2015-12-16 1 ALAN ARRINGTON CPA P00019423 6019575050 2015-12-16 2014 2016-03-07 17:11:31Z BRAD CURTIS 663 NORTH STATE STREET JACKSON MS 39202 7060887 0 X MPIC.NET X 1990 MS REHABILITATION OF INMATES 11 11 39 0 0 0 405153 350038 0 3600 32089 1972 2774818 2831234 3212060 3186844 0 0 0 0 1731650 1527342 0 0 0 1645656 1601800 3377306 3129142 -165246 57702 10068153 10209168 326404 3334381 9741749 6874787 X TO PROVIDE REALISTIC WORK EXPERIENCES TO SENTENCED, ADULT OFFENDERS RESIDING WITHIN MISSISSIPPI STATE CORRECTIONAL INSTITUTIONS BY PROVIDING EMPLOYMENT SKILLS TO SUPPORT ECONOMIC SELF-SUFFICIENCY UPON RELEASE, REDUCE RECIDIVISM AND REDUCE THE OVERALL COSTS OF GOVERNMENT OPERATIONS. 0 0 2367659 2836806 PROGRAM SERVICE EXPENSES USED IN CARRYING OUT EXEMPT PURPOSE OF REHABILITATING INMATES BY MANUFACTURING ITEMS FOR RESALE 2367659 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 39 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BILL SMITH 6019695760 663 NORTH STATE STREET JACKSON MS 39202 X SAM MOORE DIRECTOR 1.00 X 0 0 0 WILLIAM BILL CANON DIRECTOR 1.00 X 0 0 0 RANDALL JOHNSON DIRECTOR 1.00 X 0 0 0 LOIS BLOUNT COOPER DIRECTOR 1.00 X 0 0 0 WILLIE JAMES GREEN DIRECTOR 1.00 X 0 0 0 STANLEY SHOWS CHAIR 1.00 X X 0 0 0 MIKE COTTINGHAM DIRECTOR 1.00 X 0 0 0 JOHN LAWSON VICE-CHAIR 1.00 X X 0 0 0 BOB BAUGHN DIRECTOR 1.00 X 0 0 0 MARSHALL FISHER EX OFFICIO MEMBER 1.00 X 0 0 0 DR LARRY NABORS EX OFFICIO MEMBER 1.00 X 0 0 0 ALLAN GRITTMAN SECRETARY/TREASURER 1.00 X X 0 0 0 GEORGE MCGEE DIRECTOR 1.00 X 0 0 0 JOHN DENNERY FORMER CEO 40.00 X 112329 0 21964 112329 0 21964 1 1 0 0 0 350038 350038 3600 3600 3600 1972 1972 6705277 3874043 2831234 2831234 3186844 2836806 0 0 144985 115988 28997 1059688 935594 124094 107386 96117 11269 127615 113781 13834 87668 76545 11123 59948 59948 5601 5601 128601 12296 116305 354441 239398 115043 137427 137427 NET GRANT EXPENDITURES 344476 344476 SUPPLIES 160609 160609 EQUIPMENT RENTAL & MAIN 89866 89866 EQUIPMENT RENTAL & MAIN 73220 73220 247611 177388 70223 3129142 2367659 761483 0 358205 516251 4001164 3752638 469366 754272 1114681 1176355 72856 46290 8605028 4870197 4051881 3734831 0 228531 10068153 10209168 326404 260031 0 3074350 326404 3334381 X 0 0 1097530 1097530 8644219 5777257 9741749 6874787 10068153 10209168 X 57702 -2924666 2 X X 0 1 X 1 0 X 310286 377873 358155 405153 350038 1801505 7298920 6503320 6116203 6374623 6705277 32998343 7609206 6881193 6474358 6779776 7055315 34799848 0 0 0 34799848 4399 6726 4319 3025 1972 20441 4399 6726 4319 3025 1972 20441 27231 10593 44137 29064 3600 114625 7640836 6898512 6522814 6811865 7060887 34934914 0.99610 0.99590 0.00060 0.00090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 404193 404193 4843384 2082463 2760921 3205113 2646024 559089 152338 141710 10628 3734831 DEFERRED PENSION INFLOWS 319472 NET PENSION LIABILITY 2754878 3074350 X 6710849 3874043 3874043 2836806 350038 350038 3186844 6653145 3874043 3874043 2779102 350040 350040 3129142 PART X, LINE 2: THE CORPORATION HAS ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740-10, INCOME TAXES. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS OR ANY RELATED PENALTIES AND INTEREST TO ACCRUE FOR THE YEAR ENDED JUNE 30,2015, AND ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,874,043. PART XI, LINE 4B - OTHER ADJUSTMENTS: GOVERNMENT GRANT - SHOWN NET OF EXPENSES ON FINANCIAL STATEMENTS 350,038. ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,874,043. PART XII, LINE 4B - OTHER ADJUSTMENTS: GOVERNMENT GRANT EXPENSES - SHOWN NET OF INCOME ON FINANCIAL STATEMENTS 350,038. ROUNDING 2. X 0 0 0 0 0 1 0 0 0 JOHN DENNERY FORMER CEO 112329 0 0 0 0 0 17692 0 4272 0 134293 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 NO REVIEW WAS OR WILL BE CONDUCTED FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS A COMPONENT UNIT OF STATE GOVERNMENT AND COMPLIES WITH THE STATE CONFLICT OF INTEREST POLICY. ALL DISCLOSURE AND MONITORING IS MADE IN BOARD OF DIRECTORS MEETINGS FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF TOP MANAGEMENT OFFICIALS AND OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THIS INFORMATION IS DOCUMENTED IN THE FINANCE COMMITTEE MEETINGS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY MAKING KNOWN THAT IT IS AVAILABLE UPON REQUEST. AS A COMPONENT UNIT OF STATE GOVERNMENT, THE ORGANIZATION FOLLOWS THE SAME POLICIES OF OTHER GOVERNMENTAL UNITS OF THE STATE OF MS PERTAINING TO OPEN RECORDS. FORM 990, PART XI, LINE 9: ROUNDING 2. PART XI, LINE 2C. EXPLANATION THIS PROCEDURE HAS NOT CHANGED FROM THE PRIOR YEAR