East Mississippi Electric Power

Organization Overview

East Mississippi Electric Power is located in Meridian, MS. The organization was established in 1943. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, East Mississippi Electric Power employed 151 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Mississippi Electric Power is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 06/2022, East Mississippi Electric Power generated $82.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $82.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EMEPA'S MISSION IS TO ENHANCE OUR MEMBER'S LIFESTYLE AND STANDARD OF LIVING. OUR CORE BUSINESS IS PROVIDING VALUED ELECTRIC SERVICES AS WE SEEK NEW OPPORTUNITIES TO SERVE OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION DELIVERED ELECTRIC SERVICE TO OVER 37000 MEMBERS.


PROVISION OF BROADBAND SERVICES TO MEMBERSHIP THROUGH A WHOLLY OWNED SUBSIDIARY.


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Board, Officers & Key Employees

Name (title)Compensation
Randy Carroll
Chief Execut
$262,614
Pat Williams
Dir Of Engin
$183,881
Kevin Hedgpeth
Director Of
$180,596
Brent Mabry
Dir. Of Syst
$176,376
Bryce Nester
Dir/energy S
$169,984
Sherry Wallace
Director Of
$147,346

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ervin Cable Construction
Fiber Contr.
$10,775,850
Mdr Construction
Construction
$2,872,724
Conexon Llc
Project Mgt
$1,901,548
Highland Cabling Llc
Fiber Cont.
$1,613,631
Southern Clearing
Row Clearing
$1,374,542
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$79,527,011
Investment income $960,741
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $82,434,057

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