Form 990, Page 6, Part VI, Line 7A
“YES”
990 • Fiscal year 2014 • EIN 64-0132702
Scores are not available for this record yet.
Assets
Flat$134,326,026
Flat from 2014
Net Assets
Flat$77,468,680
Flat from 2014
Liabilities
Flat$56,857,346
Flat from 2014
Revenue
Flat$25,232,404
Flat from 2014
Expenses
Flat$18,880,893
Flat from 2014
Net Income
Flat$6,351,511
Flat from 2014
Provide electricity to over 35,000 members in central mississippi.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $88,511,213 | $87,786,655 | ▼ $724,558 |
| Rtn Earn Endowment Incm Other Fnds | $73,867,060 | $76,715,405 | ▲ $2,848,345 |
| Cash and Non-Interest-Bearing Accounts | $32,286,064 | $34,683,493 | ▲ $2,397,429 |
| Accounts Receivable | $6,249,162 | $6,093,759 | ▼ $155,403 |
| Investments Other Securities | $2,839,692 | $2,695,598 | ▼ $144,094 |
| Inventories for Sale or Use | $1,545,874 | $1,640,366 | ▲ $94,492 |
| Prepaid Expenses and Deferred Charges | $3,931,572 | $1,426,155 | ▼ $2,505,417 |
| Cap Stk Tr Prin Current Funds | $752,505 | $753,275 | ▲ $770 |
| Total Assets | $135,363,577 | $134,326,026 | ▼ $1,037,551 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $45,075,491 | $40,307,676 | ▼ $4,767,815 |
| Accounts Payable and Accrued Expenses | $14,940,292 | $15,267,138 | ▲ $326,846 |
| Other Liabilities | $728,229 | $1,282,532 | ▲ $554,303 |
| Total Liabilities | $60,744,012 | $56,857,346 | ▼ $3,886,666 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $74,619,565 | $77,468,680 | ▲ $2,849,115 |
| Total Liabilities and Net Assets / Fund Balance | $135,363,577 | $134,326,026 | ▼ $1,037,551 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $82,893,626 | $63,737,370 | $146,630,996 |
| Other Land Buildings | $4,031,554 | $2,663,217 | $6,694,771 |
| Land | $861,475 | - | $861,475 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Paul D Long | Manager | FT | $225,886 | $225,886 |
| George M Stewart | Maint. Director | FT | $120,354 | $120,354 |
| Amy Shepard | Director of | FT | $109,738 | $109,738 |
| Brian Long | Director of | FT | $109,005 | $109,005 |
| Danny Thornton | Director | PT | $5,600 | $5,600 |
| David Boyd | Director | PT | $5,600 | $5,600 |
| Don Howington | Director | PT | $5,600 | $5,600 |
| Joe Sanders | Director | PT | $5,600 | $5,600 |
| Max Loper | Director | PT | $5,600 | $5,600 |
| Pettey Leach | Director | PT | $5,600 | $5,600 |
| Phillip Crosby | Director | PT | $5,600 | $5,600 |
| Ray Britt | Director | PT | $5,600 | $5,600 |
| Tim Cook | Director | PT | $5,600 | $5,600 |
| Hanna Watson | Director | PT | $4,800 | $4,800 |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Progressive Solutions LLC | Row Contractor | - | $1,539,645 |
| - | Meter Reader | - | $135,862 |
| Line Item | Amount |
|---|---|
| Other Expenses | $18,880,893 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $5,196,454 | - | - | $5,196,454 |
| Office Expenses | $1,917,786 | - | - | $1,917,786 |
| Interest | $1,269,923 | - | - | $1,269,923 |
| Other Expenses | $286,475 | - | - | $286,475 |
| All Other Expenses | $187,457 | - | - | $187,457 |
| Total Functional Expenses | $18,880,893 | $0 | $0 | $18,880,893 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $18,880,893 |
| Total Expenses per Audited Statements | $18,880,893 |
| Total Expenses per Form 990 | $18,880,893 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Advances From Tva | $670,508 |
| Employee Retirement Benefit Payable | $608,228 |
| Postretirement Benefits | $3,796 |
| Deferred Credits | - |
“YES”
“YES”
“Form 990 will be reviewed by members of the governing body at a board meeting prior to the filing of the return.”
“YES”
“YES”
“YES”
“Documents are available at the office in carthage, mississippi.”
“Pension liability adjustment 0 pension liability adjustment 3,336,103 refunds for billing errors 166,293”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/OtherExpensesGrp/Desc | 3 | CUSTOMER SERVICES & INFOR |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 286475 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1282532 |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PYInvestmentIncomeAmt | 0 | 292278 |
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| IRS990/PYTotalExpensesAmt | 0 | 19388741 |
| IRS990/PYTotalRevenueAmt | 0 | 24357439 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 6351511 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 73867060 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 76715405 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 82893626 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 63737370 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 146630996 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 18880893 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 861475 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 861475 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 4031554 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 2663217 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6694771 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 670508 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 608228 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 3796 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ADVANCES FROM TVA |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | EMPLOYEE RETIREMENT BENEFIT PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | POSTRETIREMENT BENEFITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | DEFERRED CREDITS |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 25232404 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 87786655 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 18880893 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1282532 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 25232404 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 25232404 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 18880893 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 225886 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | PAUL D LONG |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | MANAGER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 225886 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990 WILL BE REVIEWED BY MEMBERS OF THE GOVERNING BODY AT A BOARD MEETING PRIOR TO THE FILING OF THE RETURN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DOCUMENTS ARE AVAILABLE AT THE OFFICE IN CARTHAGE, MISSISSIPPI. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PENSION LIABILITY ADJUSTMENT 0 PENSION LIABILITY ADJUSTMENT 3,336,103 REFUNDS FOR BILLING ERRORS 166,293 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MS |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 135363577 |
| IRS990/TotalAssetsEOYAmt | 0 | 134326026 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 135363577 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 134326026 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalContributionsAmt | 0 | 770 |
| IRS990/TotalEmployeeCnt | 0 | 125 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 18880893 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 18880893 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 60744012 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 56857346 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 60744012 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 56857346 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 74619565 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 77468680 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 18880893 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 620183 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 1570040 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 23661594 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 25232404 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 135363577 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 134326026 |
| IRS990/TypeOfOrganizationAssocInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
| IRS990/VotingMembersIndependentCnt | 0 | 10 |
| IRS990/WebsiteAddressTxt | 0 | WWW.CENTRALEPA.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PAUL D LONG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6012675671 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-10-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | CENTRAL ELECTRIC POWER ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CENT |
| ReturnHeader/Filer/EIN | 0 | 640132702 |
| ReturnHeader/Filer/PhoneNum | 0 | 6012675671 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 477 |
| ReturnHeader/Filer/USAddress/City | 0 | CARTHAGE |
| ReturnHeader/Filer/USAddress/State | 0 | MS |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 390510477 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 640295411 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | REA SHAW GIFFIN & STUART LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 322 BYRD AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | PHILADELPHIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 393502518 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6016562742 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-11-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | A T WILLIAMS |
| ReturnHeader/ReturnTs | 0 | 2014-11-06T10:21:53-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-06-30 |
| ReturnHeader/TaxYr | 0 | 2013 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.