Electric Cooperatives Of Mississippi A A L
- Assets
- $9.0m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 26
- Location
- Ridgeland, MS
- Founding
- 06/1967
- Data as of
- 06/2021
- EIN
- 64-0200697
Organization Overview
Electric Cooperatives Of Mississippi A A L is located in Ridgeland, MS. The organization was established in 1967. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2021, Electric Cooperatives Of Mississippi A A L employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electric Cooperatives Of Mississippi A A L is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Electric Cooperatives Of Mississippi A A L generated $6.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $6.0m during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS OF MISSISSIPPI ELECTRIC COOPERATIVES THROUGH A GOVERNMENT RELATIONS PROGRAM THAT MONITORS LEGISLATIVE ACTION, MEMBER RELATIONS AND BENEFITS, PROGRAMS THAT EMPHASIZE YOUTH INVOLVEMENT AND LEADERSHIP, SAFETY AND LOSS CONTROL PROGRAMS, EMPLOYEE TRAINING PROGRAMS, COMMUNICATIONS, PUBLIC RELATIONS AND PUBLICATION OF TODAY IN MISSISSIPPI NEWSPAPER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TODAY IN MISSISSIPPI-A MONTHLY MAGAZINE DEALING WITH VARIOUS TOPICS OF INTEREST TO RURAL ELECTRIC CUSTOMERS.
PROMOTION OF RURAL ELECTRIC COOPERATIVES IN MISSISSIPPI THROUGH ADVOCACY AND OTHER SERVICES.
EDUCATION AND PROMOTION OF SAFETY AND LOSS CONTROL FOR RURAL ELECTRIC COOPERATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Callahan Executive VP | Officer | 16 | $292,001 |
Ronald L Stewart Svp. -Commun | $170,979 | ||
Paul Purnell Vp- Govt. Re | 40 | $158,822 | |
Gerald K Gordon VP Safety & | 40 | $129,076 | |
John Davis Controller | Officer | 24 | $100,242 |
Ron Barnes Secretary/tr | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lsc Communications Printing | 6/29/21 | $874,977 |
Law Office Of Larry Moffet Legal | 6/29/21 | $115,170 |
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 | $47,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,000 |
| Total Program Service Revenue | $6,008,804 |
| Investment income | $56,068 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,616 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,545,742 |
| 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. | $509,250 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,735,913 |
| Pension plan accruals and contributions | $464,283 |
| Other employee benefits | $280,197 |
| Payroll taxes | $145,640 |
| 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 | $210,019 |
| Advertising and promotion | $50,044 |
| Office expenses | $1,893,029 |
| Information technology | $17,434 |
| Royalties | $0 |
| Occupancy | $236,918 |
| Travel | $163,618 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,718 |
| Interest | $4,439 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150,023 |
| Insurance | $0 |
| All other expenses | $16,430 |
| Total functional expenses | $5,996,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,432,994 |
| Savings and temporary cash investments | $1,049,074 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,142,058 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $221,002 |
| Net Land, buildings, and equipment | $2,643,353 |
| Investments—publicly traded securities | $2,361,231 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $107,699 |
| Total assets | $8,957,411 |
| Accounts payable and accrued expenses | $308,721 |
| Grants payable | $0 |
| Deferred revenue | $433,926 |
| 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 | $98,572 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $102,454 |
| Total liabilities | $943,673 |
| Net assets without donor restrictions | $7,905,679 |
| Net assets with donor restrictions | $108,059 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $8,957,411 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Electric Cooperatives Of Mississippi A A L has recieved totaling $18,600.
| Awarding Organization | Amount |
|---|---|
National Rural Utilities Cooperative Finance Corp Dulles, VA PURPOSE: EDUCATIONAL FUND-NRECA YOUTH TOUR OF WASHINGTON, DC | $18,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Schools For Baton Rouge Baton Rouge, LA | $18,000,510 | $11,219,034 |
Community Partnership Of Alabama Inc Birmingham, AL | $5,781,438 | $8,059,012 |
Electric Cooperatives Of Mississippi A A L Ridgeland, MS | $8,957,411 | $6,545,742 |
Youth Force Nola New Orleans, LA | $5,195,075 | $5,408,027 |
Council For Leaders In Alabama Schools Montgomery, AL | $6,430,094 | $7,182,268 |
Midsouth Grain Inspection Services Memphis, TN | $5,083,441 | $4,324,321 |
Mississippi One-Call System Inc Jackson, MS | $4,141,931 | $4,142,716 |
Mississippi Manufacturers Association Jackson, MS | $5,674,964 | $3,449,286 |
Walton Education Coalition Inc Bentonville, AR | $905,003 | $3,450,000 |
Louisiana Restaurant Association Inc Metairie, LA | $9,314,228 | $3,239,510 |
Mississippi Economic Council Jackson, MS | $3,436,515 | $2,971,489 |
Mississippi Bankers-Association Jackson, MS | $3,030,525 | $1,890,944 |