STAPLE COTTON DISCOUNT CORPORATION
214 West Market Street, Greenwood, MS 38930

Total Revenue
$2,794,765
Total Expenses
$1,820,900
Net Assets
$16,718,954

Organizations Filed Purposes: The organization's mission is to provide cost-effective financing to the members for production of crops, purchase of farm equipment, purchase of farm land and for other agriculture-related purposes.

During the tax year ended January 31, 2015, the organization disbursed loans of $97,962,806 to its members. At January 31, 2015, the amount of loans receivable, including accrued interest, was $89,310,421.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Thomas DillardVice President4$221,777
Kenneth DownsGeneral Counsel & Secretary4$196,039
Coley BaileyDirector2$7,200
Woods EastlandChairman of the Board (Resigned Effctv 9/16/2014)4$5,400
James M MoffattVice President & CFO (Effective 1/1/2015)4$0
Russell RobertsonVice President4$0
Lawrence GnemiVice President4$0
Charles RobertsonVice President & CFO (Resigned Effctv 12/31/2014)4$0
Meredith AllenPresident & CEO4$0
John WillisDirector0$0
Brad WilliamsDirector0$0
Allen WhiteheadDirector0$0
Marty WhiteDirector0$0
James L WebbDirector0$0
Stewart Weaver JrDirector0$0
Michael TateDirector0$0
Hugh Summerville JrDirector0$0
Warren SullivanDirector0$0
Mike Sturdivant IiiChairman of the Board (Effective 9/17/2014)4$0
Frank B Rogers IiiDirector0$0
Lowry RobinsonDirector0$0
Kim RentzDirector0$0
Thomas A ParkerDirector0$0
John NewcombDirector0$0
Phillip H MurrayDirector0$0
Mike NewberryDirector0$0
Larry McclendonDirector0$0
Lawrence LongDirector0$0
John Laney JrDirector0$0
George LacourDirector0$0
Bernard Bryan Jones IiiDirector0$0
Jeffrey HuxDirector0$0
Jerry HamillDirector0$0
Kent FountainDirector0$0
Bowen Flowers JrDirector0$0
B E DavisDirector0$0
Walter L Corcoran JrDirector0$0
Clay ClarkDirector0$0
Laudies Brantley JrDirector0$0
Anderson BarhamDirector0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201501429349300815_public.xml