4-County Electric Power Association
- Assets
- $366.1m
- Revenue
- $148.2m
- Investments
- $0.0
- Employees
- 160
- Location
- Columbus, MS
- Founding
- 12/1938
- Data as of
- 06/2024
- EIN
- 64-0158435
Organization Overview
4-County Electric Power Association is located in Columbus, 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 06/2024, 4-County Electric Power Association employed 160 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4-County Electric Power Association 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 06/2024, 4-County Electric Power Association generated $148.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $142.2m during the year ending 06/2024. While expenses have increased by 3.0% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ELECTRICITY AND RELATED SERVICES TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ELECTRICITY AND RELATED SERVICES TO ITS MEMBERS.
TO PROVIDE ELECTRICITY AND RELATED SERVICES TO ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Crowder President | Trustee | 25 | $18,539 |
Larry Bruff Sanders Vice Preside | Trustee | 15 | $23,039 |
John E Gilliland Jr Secretary/tr | Trustee | 15 | $17,939 |
Johnny Johnson Director | Trustee | 15 | $23,731 |
Michael R Banks Director | Trustee | 15 | $21,167 |
William J Bell Jr Director | Trustee | 15 | $22,739 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grays Power Supply Llc Fiber Install | 6/29/24 | $3,383,378 |
D & H Contracting Inc Fiber Splicing | 6/29/24 | $3,050,592 |
Lewis Tree Service Right Of Way | 6/29/24 | $1,619,435 |
Mr Communication Llc Tower Services | 6/29/24 | $798,139 |
Vickers Tree Service Right Of Way | 6/29/24 | $926,112 |
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 | $143,763,784 |
| Investment income | $194,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,921,317 |
| Net Gain/Loss on Asset Sales | $864 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,210,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $599,485 |
| Compensation of current officers, directors, key employees. | $599,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,027,340 |
| Pension plan accruals and contributions | $586,739 |
| Other employee benefits | $0 |
| Payroll taxes | $992,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,845,982 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,406,400 |
| Insurance | $0 |
| All other expenses | $3,109,788 |
| Total functional expenses | $142,221,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,655,948 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,558,376 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100 |
| Inventories for sale or use | $2,251,099 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $339,273,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,039,917 |
| Intangible assets | $0 |
| Other assets | $5,282,304 |
| Total assets | $366,061,339 |
| Accounts payable and accrued expenses | $23,632,448 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $151,946,444 |
| Unsecured mortgages and notes payable | $8,652,810 |
| Other liabilities | $11,626,095 |
| Total liabilities | $195,857,797 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $170,203,542 |
| Total liabilities and net assets/fund balances | $366,061,339 |