Mississippi County Electric Cooperative Inc

“There is only one class of members. All members have one vote each. The members elect the governing body and approve whether the company can be sold.”

“There is only one class of members. All members have one vote each. The members elect the governing body & approve whether the company can be sold.”

“The accounting supervisor is responsible for reviewing the form 990.”

“The governing documents are made available to the public upon request.”

“Improving the quality of life for our members by providing safe, reliable, and affordable electricity.”

“Patronage allocated $ 2,829,140 increase in retired capital credits 105,249 change in membership fees (382) retirement of capital credits (1,450,172) change in funded status of postretirement benefit obligations 40,300 ------------ other changes in net assets $ 1,524,135”

“Amount noted on this line relates to patronage dividends allocated after 2013 year end for the 2013 year.”

“The organization does not allocate generation & transmission (g&t) capital credits until the year they are paid in cash to the organization. It pays 100% of the capital credits cash payments the following year to its members. Below is a reconciliation of net margin to current year capital credits and patronage allocated: net margin 12/31/2013 before g&t and patronage allocated $ 3,078,732 g&t captial credits allocations for 2013 (572,298) interest and dividend income (344,721) g&t capttal credits retired in cash in 2013 667,427 ------------ patronage allocated to members for 2013 (line 14) 2,829,140 g&t captial credits allocations for 2013 572,298 interest and dividend income 344,721 g&t capttal credits retired in cash in 2013 (667,427) ------------ revenue less expenses (line 19) 249,592”