Civic Intelligence

Pearl River Valley Electric Power Association

990 • Fiscal year 2015 • EIN 64-0219645

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 20, 2016

Post Office Box 1217Columbia, MS 39429-1217

(601) 736-2666

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.62x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

30th percentile

1.07x

Higher debt load relative to revenue than 30% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Net Margin

51st percentile

0.2%

Higher net margin than 51% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

62nd percentile

$321,521

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Asset Growth

58th percentile

3.3%

Faster asset growth than 58% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

2.4%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Assets

Up

$225,252,636

Up $7,179,560 (+3.3%) from 2014

Net Assets

Up

$85,540,052

Up $5,499,888 (+6.9%) from 2014

Liabilities

Up

$139,712,584

Up $1,679,672 (+1.2%) from 2014

Revenue

Up

$130,531,922

Up $3,082,532 (+2.4%) from 2014

Expenses

Up

$130,300,633

Up $2,323,723 (+1.8%) from 2014

Net Income

Up

$231,289

Up $758,809 (+144%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $190,696,040Liabilities 2010: $120,846,275Net Assets 2010: $69,849,7652010Assets 2011: $201,289,953Liabilities 2011: $138,117,775Net Assets 2011: $63,172,1782011Assets 2012: $205,820,984Liabilities 2012: $135,885,812Net Assets 2012: $69,935,1722012Assets 2013: $214,993,439Liabilities 2013: $130,218,168Net Assets 2013: $84,775,2712013Assets 2014: $218,073,076Liabilities 2014: $138,032,912Net Assets 2014: $80,040,1642014Assets 2015: $225,252,636Liabilities 2015: $139,712,584Net Assets 2015: $85,540,0522015Assets 2016: $233,658,940Liabilities 2016: $141,994,103Net Assets 2016: $91,664,8372016Assets 2017: $236,164,926Liabilities 2017: $142,064,640Net Assets 2017: $94,100,2862017Assets 2018: $245,224,057Liabilities 2018: $141,570,674Net Assets 2018: $103,653,3832018Assets 2019: $252,253,554Liabilities 2019: $152,649,872Net Assets 2019: $99,603,6822019Assets 2020: $260,839,233Liabilities 2020: $164,686,437Net Assets 2020: $96,152,7962020Assets 2021: $282,339,813Liabilities 2021: $171,631,940Net Assets 2021: $110,707,8732021Assets 2022: $322,492,209Liabilities 2022: $188,833,259Net Assets 2022: $133,658,9502022Assets 2023: $387,763,546Liabilities 2023: $248,600,904Net Assets 2023: $139,162,6422023Assets 2024: $421,101,434Liabilities 2024: $264,322,231Net Assets 2024: $156,779,2032024

Highlighted filing

2015

Assets$225,252,636
Liabilities$139,712,584
Net Assets$85,540,052

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0-$50MExpenses 2010: $117,267,2312010Expenses 2011: $113,085,0552011Expenses 2012: $122,103,4292012Revenue 2013: $122,216,595Expenses 2013: $121,201,436Net Income 2013: $1,015,1592013Revenue 2014: $127,449,390Expenses 2014: $127,976,910Net Income 2014: -$527,5202014Revenue 2015: $130,531,922Expenses 2015: $130,300,633Net Income 2015: $231,2892015Revenue 2016: $122,336,329Expenses 2016: $123,042,640Net Income 2016: -$706,3112016Revenue 2017: $122,418,121Expenses 2017: $122,921,158Net Income 2017: -$503,0372017Revenue 2018: $128,499,857Expenses 2018: $128,060,698Net Income 2018: $439,1592018Revenue 2019: $128,844,422Expenses 2019: $129,028,294Net Income 2019: -$183,8722019Revenue 2020: $126,524,793Expenses 2020: $127,197,030Net Income 2020: -$672,2372020Revenue 2021: $130,089,296Expenses 2021: $131,299,675Net Income 2021: -$1,210,3792021Revenue 2022: $139,698,915Expenses 2022: $139,467,817Net Income 2022: $231,0982022Revenue 2023: $149,565,482Expenses 2023: $149,918,901Net Income 2023: -$353,4192023Revenue 2024: $160,999,727Expenses 2024: $159,774,956Net Income 2024: $1,224,7712024

Highlighted filing

2015

Revenue$130,531,922
Expenses$130,300,633
Net Income$231,289
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 20, 2016
Return Version
2015v2.1
Gross Receipts
$130,531,922
Mission and Program Overview

Mission

The association's mission is to provide electric power to residential and commerical consumers.

The association's mission is to provide electric power to residential and commerical customers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$154,810,145$160,004,725▲ $5,194,580
Rtn Earn Endowment Incm Other Fnds$79,107,477$84,610,425▲ $5,502,948
Accounts Receivable$12,455,661$12,886,257▲ $430,596
Inventories for Sale or Use$2,535,072$2,498,532▼ $36,540
Cash and Non-Interest-Bearing Accounts$2,520,048$996,181▼ $1,523,867
Pd in Cap Srpls Land Bldg Eqp Fund$608,057$608,057→ $0
Cap Stk Tr Prin Current Funds$324,630$321,570▼ $3,060
Prepaid Expenses and Deferred Charges$312,754$262,197▼ $50,557
Total Assets$218,073,076$225,252,636▲ $7,179,560
Other Assets Total$45,439,396$48,604,744▲ $3,165,348
Liabilities
Mortgage Notes Payable Secured by Investment Property$105,960,012$106,330,175▲ $370,163
Other Liabilities$20,927,098$23,481,033▲ $2,553,935
Accounts Payable and Accrued Expenses$11,145,802$9,901,376▼ $1,244,426
Total Liabilities$138,032,912$139,712,584▲ $1,679,672
Net Assets / Fund Balance
Total Net Assets Fund Balance$80,040,164$85,540,052▲ $5,499,888
Total Liabilities and Net Assets / Fund Balance$218,073,076$225,252,636▲ $7,179,560

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$160,004,725$75,632,382$235,637,107
Other Assets Org$47,778,394--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randy WallaceGeneral ManagerFT$282,447$39,074$321,521
Sam CainOperations ManagerFT$207,846$28,349$236,195
William PittmanFinancial MgrFT$138,087$23,561$161,648
Matthew WareDistrict ManagerFT$119,622$23,449$143,071
Anthony HarrisDistrict ManagerFT$116,748$23,365$140,113
Keith ArmstrongMaterials ManagerFT$111,824$23,155$134,979
George CutrerDistrict ManagerFT$109,885$22,858$132,743
Freda DyessAdministrative Services MaFT$107,558$13,610$121,168
Bf Hudson JrPresidentPT$25,850-$25,850
Hugh Gene SmithVice PresidentPT$24,950-$24,950
Leslie PetersDirectorPT$24,450-$24,450
Lavell BondDirectorPT$24,350-$24,350
Wa KendrickDirectorPT$24,050-$24,050
Jj Shelton IiiDirector-$24,050-$24,050
Danny WilksSecretary/treasurerPT$23,750-$23,750
Kelly SpeightsDirectorPT$23,750-$23,750
Byrus HurtDirector-$23,750-$23,750
Lawrence W WarrenDirector-$20,800-$20,800

Highest Paid Contractors

ContractorServicesLocationCompensation
Looks Great ServicesRight Of Way Maint1501 HIGHWAY 13 NORTH, Columbia, MS 39429$4,564,982
Mac's Construction CoConstruction6555 HIGHWAY 98 WEST, Hattiesburg, MS 39404$3,364,521
Mdr ConstructionConstruction621 E BAYLIS CHAPEL ROAD, Columbia, MS 39429$639,025
Dungan EngineeringCivil Engineering1574 HWY 98 EAST, Columbia, MS 39429$409,265
Southeast Woodland ServicesRight Of Way Spraying431 CAINES LANDING RD, Conway, SC 29526$176,448
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$130,373,118
Investment Income
$135,114
Other Revenue
$23,690
Change in Net Assets
$231,289

Audited Revenue Reconciliation

Revenue per Audited Statements
$130,520,138
Revenue Not Reported on Financial Statements
$11,784
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$11,784
Total Revenue per Audited Statements
$130,520,138
Total Revenue per Form 990
$130,531,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,274,603
Salaries, Compensation, and Employee Benefits$11,807,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$9,218,541
Depreciation Depletion---$6,313,793
Other Salaries and Wages---$5,661,827
Interest---$5,090,531
Pension Plan Contributions---$2,482,096
Other Employee Benefits---$2,189,350
All Other Expenses---$2,111,549
Current Officers, Directors, Trustees, and Key Employees---$959,113
Other Expenses---$810,210
Office Expenses---$587,910
Payroll Taxes---$515,103
Fees for Services Accounting---$134,377
Travel---$123,974
Fees for Services Legal---$65,901
Total Functional Expenses$0$0$0$130,300,633

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$130,300,633
Expenses per Audited Statements$120,933,373
Total Expenses per Audited Statements$120,933,373
Expenses Not Reported on Financial Statements$9,367,260
Other Expense Adjustments$9,367,260
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Randy Wallace, Officer, Is a Board Member for Smepa.ExpenseNo$88,937,420
-Randy Wallace, Officer, Is a Board Member for First Southern.Cash AccountNo$6,657,981
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability-post Retirement Benefit-pension$19,180,940
Consumer Deposits$3,793,728
Other Liability-underfunded Post Retire$338,575
Unamortized Gain on Reacquired Debt$117,111
Current Portion-underfunded Post Ret$44,262
Unearned Lease Icome-charter$6,417
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Any natural person, firm association, corporation, business trust, partnership or body politic shall be eligible to become a member of, and, at one or more premises owned or directly occupied or used by him, to receive electric service from pearl river valley electric power.

Form 990, Part VI, Section A, Line 7A

Each member who is not in a status of suspension, as provided for in section 2.01 of the association's bylaws, shall be entitled to only one vote upon each matter submitted to a vote at any meeting of the members. At each annual meeting of the members, directors shall be elected by secret ballot by the members who are natural persons.

Form 990, Part VI, Section B, Line 11

Line 11a explanation - the manager of accounting and financial services provides the independent auditors with information used in preparing the form 990. The completed form is then reviewed by the manager of accounting and financial services and by the general manager. The general manager then presents the form 990 to the board of directors for their review.

Form 990, Part VI, Section B, Line 12C

A questionnaire is sent annually to all employees requesting information regarding possible conflicts of interest. These questionnaires are reviewed by the general manager.

Form 990, Part VI, Section B, Line 15

The compensation of the general manager is determined by using comparability data and is approved by the board of directors. The compensation of other officers and key employees is determined using comparability data, is inititally approved and recommended by the general manager, and is then given final approval by the board of directors.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to the public on request.

Filing and Contact Details

Filer

Filer Name
Pearl River Valley
EIN
64-0219645
Phone
6017362666
Address
POST OFFICE BOX 1217, COLUMBIA, MS 39429-1217

Signing Officer

Name
Randy Wallace
Title
General Manager
Phone
6017362666
Signed
2016-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Wallace
Formed
1938
Legal Domicile
Ms
Voting Board Members
10
Independent Board Members
0
Employees
140
Volunteers
0

Preparer

Firm
Topp Mcwhorter Harvey Pllc
Address
P O DRAWER 15099, HATTIESBURG, MS 39404-5099
Preparer
Susan a Riley CPA
Phone
6012643519
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Gain on reacquistion of debt 136,935. Difference between patronage capital and allocation 6,688,256. Defined benefit plan net gain (loss) -1,490,942. Change in memberships -3,060. Interest rate swap net gain/(loss) -62,591.

FORM 990, PART XII, LINE 2C:

The board of directors acts as the audit committee and assumes responsibility for the audit and selection of the independent auditor.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of meter socket leased 8,870. Cost of surge protector equipment 2,914. Gain from sale of assets included on financial statements

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Amort of gain of l. T. Debt 136,935. Patronage capital dstrib to members 9,218,541. Cost of meter socket leased 8,870. Cost of surge protector equipment 2,914.

Schedule D, Part XI,line 4B

Cost of meter sockets leased and surge protector equipment are included on the tax return but not included in the financial statements for gaap purposes.

Schedule D, Part XII,line 4B

Amortization of a gain on long term debt, cost of meter sockets leased, surge protector equipment and patronage capital distributions to members are expenses included on the tax return but not included in the financial statements for gaap purposes.

Raw XML AppendixShowing 400 of 574 raw XML fields

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/Form990PartVIISectionAGrp/OtherCompensationAmt1613610
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1722858
IRS990/Form990PartVIISectionAGrp/PersonNm0JJ SHELTON III
IRS990/Form990PartVIISectionAGrp/PersonNm1BYRUS HURT
IRS990/Form990PartVIISectionAGrp/PersonNm2WA KENDRICK
IRS990/Form990PartVIISectionAGrp/PersonNm3LAVELL BOND
IRS990/Form990PartVIISectionAGrp/PersonNm4BF HUDSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm5HUGH GENE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6KELLY SPEIGHTS
IRS990/Form990PartVIISectionAGrp/PersonNm7LAWRENCE W WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm8DANNY WILKS
IRS990/Form990PartVIISectionAGrp/PersonNm9LESLIE PETERS
IRS990/Form990PartVIISectionAGrp/PersonNm10RANDY WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm11WILLIAM PITTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12SAM CAIN
IRS990/Form990PartVIISectionAGrp/PersonNm13MATTHEW WARE
IRS990/Form990PartVIISectionAGrp/PersonNm14ANTHONY HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm15KEITH ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm16FREDA DYESS
IRS990/Form990PartVIISectionAGrp/PersonNm17GEORGE CUTRER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt024050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt123750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt224050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt324350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt425850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt524950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt623750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt720800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt823750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt924450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10282447
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11138087
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12207846
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13119622
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14116748
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15111824
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16107558
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17109885
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt11FINANCIAL MGR
IRS990/Form990PartVIISectionAGrp/TitleTxt12OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DISTRICT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DISTRICT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MATERIALS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt16ADMINISTRATIVE SERVICES MA
IRS990/Form990PartVIISectionAGrp/TitleTxt17DISTRICT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt063417
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt063417
IRS990/GrossReceiptsAmt0130531922
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt05090531
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02535072
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02498532
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt071697
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt071697
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt075632382
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0154810145
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0160004725
IRS990/LandBldgEquipCostOrOtherBssAmt0235637107
IRS990/LegalDomicileStateCd0MS
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0127786181
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ASSOCIATION'S MISSION IS TO PROVIDE ELECTRIC POWER TO RESIDENTIAL AND COMMERICAL CONSUMERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0105960012
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0106330175
IRS990/NetAssetsOrFundBalancesBOYAmt080040164
IRS990/NetAssetsOrFundBalancesEOYAmt085540052
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt063417
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt063417
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0587910
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045439396
IRS990/OtherAssetsTotalGrp/EOYAmt048604744
IRS990/OtherChangesInNetAssetsAmt05268598
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02189350
IRS990/OtherExpensesGrp/Desc0COST OF PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1MAINTENANCE OF RIGHT-OF
IRS990/OtherExpensesGrp/Desc2CONSUMER RECORDS & COLL
IRS990/OtherExpensesGrp/Desc3MAINTENANCE OF OVERHEAD
IRS990/OtherExpensesGrp/TotalAmt088937420
IRS990/OtherExpensesGrp/TotalAmt14265985
IRS990/OtherExpensesGrp/TotalAmt2832953
IRS990/OtherExpensesGrp/TotalAmt3810210
IRS990/OtherLiabilitiesGrp/BOYAmt020927098
IRS990/OtherLiabilitiesGrp/EOYAmt023481033
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0METER SOCKET SALES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019184
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14506
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019184
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14506
IRS990/OtherRevenueTotalAmt023690
IRS990/OtherSalariesAndWagesGrp/TotalAmt05661827
IRS990/OtherSourcesGrossIncomeAmt02369043
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0515103
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0608057
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0608057
IRS990/PensionPlanContributionsGrp/TotalAmt02482096
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0312754
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0262197
IRS990/PrincipalOfficerNm0RANDY WALLACE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC SALES MEMBER
IRS990/ProgramServiceRevenueGrp/Desc1PATRONAGE CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2COMMON USE POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc3ELECTRIC PLANT LEASED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0125387928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14006805
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2967885
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt310500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0125387928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14006805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2967885
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt05984681
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0418530
IRS990/PYOtherExpensesAmt0111538483
IRS990/PYOtherRevenueAmt022286
IRS990/PYProgramServiceRevenueAmt0127008574
IRS990/PYRevenuesLessExpensesAmt0-527520
IRS990/PYSalariesCompEmpBnftPaidAmt010453746
IRS990/PYTotalExpensesAmt0127976910
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0127449390
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0231289
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0130531922
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt079107477
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt084610425
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt09367260
IRS990ScheduleD/ExpensesSubtotalAmt0120933373
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0826350
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt147778394
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTEREST & DIVIDEND INCOME REC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PATRONAGE CAPITAL
IRS990ScheduleD/OtherExpensesNotIncludedAmt09367260
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0160004725
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt075632382
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0235637107
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03793728
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119180940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2117111
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3338575
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt444262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt56417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITY-POST RETIREMENT BENEFIT-PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNAMORTIZED GAIN ON REACQUIRED DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3OTHER LIABILITY-UNDERFUNDED POST RETIRE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CURRENT PORTION-UNDERFUNDED POST RET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5UNEARNED LEASE ICOME-CHARTER
IRS990ScheduleD/OtherRevenuesNotIncludedAmt011784
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011784
IRS990ScheduleD/RevenueSubtotalAmt0130520138
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF METER SOCKET LEASED 8,870. COST OF SURGE PROTECTOR EQUIPMENT 2,914. GAIN FROM SALE OF ASSETS INCLUDED ON FINANCIAL STATEMENTS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$421$264$157$161$160$1.22
2023Summary only. Only limited summary data is available for this year.$388$249$139$150$150$0.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$322$189$134$140$139$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$282$172$111$130$131$1.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$261$165$96.2$127$127$0.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$252$153$99.6$129$129$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$245$142$104$128$128$0.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$236$142$94.1$122$123$0.50
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$234$142$91.7$122$123$0.71
2015Detailed filing. Detailed filing data is available for this year.$225$140$85.5$131$130$0.23
2014Detailed filing. Detailed filing data is available for this year.$218$138$80.0$127$128$0.53
2013Detailed filing. Detailed filing data is available for this year.$215$130$84.8$122$121$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$206$136$69.9$122
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$201$138$63.2$113
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$191$121$69.8$117