Coahoma Electric Power Assn

Organization Overview

Coahoma Electric Power Assn is located in Lyon, MS. The organization was established in 1938. 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 12/2023, Coahoma Electric Power Assn employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coahoma Electric Power Assn 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 12/2023, Coahoma Electric Power Assn generated $22.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $20.3m during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COAHOMA ELECTRIC POWER ASSOCIATION IS AN ELECTRIC COOPERATIVE THAT DISTRIBUTES LOW COST POWER TO APPROXIMATELY 8,000 RURAL CUSTOMERS IN NORTHWEST MS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COAHOMA ELECTRIC POWER ASSOCIATION UPDATED VOLTAGE DIFFERENCE IN THE TERRITORY TO ONE VOLTAGE MAKING SWITCHING AND RELIABILITY BETTER


GENERAL OPERATIONS


COAHOMA ELECTRIC IMPROVED WEBSITE TO INCLUDE MORE INFORMATION RELEVANT TO THE CUSTOMERS' SERVICE. THIS INCLUDES BETTER ACCESS TO CUSTOMER PROBLEMS DURING NON-WORKING HOURS. CEPA CAN NOW RECONNECT METER IN THE FIELD MORE EFFICIENTLY.


COAHOMA ELECTRIC POWER ASSOCIATION AUTHORIZED A STUDY AND PLANS FOR A NEW OFFICE AND WAREHOUSE FACILITY. THIS PROJECT WILL TAKE SEVERAL YEARS


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Board, Officers & Key Employees

Name (title)Compensation
Keith Hurt
General Manager
$162,126
Jeff Noland
Operations Manager
$114,341
Robert W Burke
Office Manager, Assistant Secretary
$95,366
Wiley Bland
Director
$7,950
Alden Bell
Director
$7,950
Wesley Bailey
Director
$7,950

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$21,236,712
Investment income $99,945
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $344,505
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $22,058,190

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South Central Arkansas Electric Cooperative Incorporated
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Twin County Electric Power Assn
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Jefferson Davis Electric Coop Inc
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Pointe Coupee Electric Membership Corporation
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Concordia Electric Cooperative Inc
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Monroe County Electric Power Assn
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Forked Deer Electric Coop Inc
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$27,315,041
Ouachita Electric Coop Corp 474
Camden, AR
$24,794,021
Coahoma Electric Power Assn
Lyon, MS
$22,058,190
Rich Mountain Electric Cooperative Inc
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$21,911,930
Alcorn County Electric Power Association
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$21,306,636
City Corporation
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$19,696,336
Marshall-Dekalb Electric Cooperative
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$19,439,281
Tombigbee Electric Cooperative Inc
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$17,768,087
Tippah Electric Power Association
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