Mississippi County Electric Cooperative Inc

Organization Overview

Mississippi County Electric Cooperative Inc is located in Blytheville, AR. The organization was established in 1940. 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 12/2022, Mississippi County Electric Cooperative Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi County Electric Cooperative Inc 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 12/2022, Mississippi County Electric Cooperative Inc generated $219.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $233.7m during the year ending 12/2022. While expenses have increased by 7.1% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVING THE QUALITY OF LIFE FOR OUR MEMBERS BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ELECTRICITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED 3,259,194,011 KWH TO 4,886 ACCOUNTS.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Harrison
President/ceo
$288,568
Brandon Jenkins
VP Finance & Administration
$142,654
Kody Gallant
Fiber Services Supervisor
$121,338
Leon Tye
Construction Supervisor
$112,588
Tommy Jones
Operations Supervisor
$108,740
Michael Bridges
Lineman
$100,854

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Conexon Llc
Fiber Design-service
$612,060
Highland Cabling Llc
Installation Tech.
$847,341
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$228,648,708
Investment income $752,200
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$9,586,670
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 $219,814,238

Peer Organizations

Organization NameAssets
Cooperative Energy A Mississippi Electric Cooperative
Hattiesburg, MS
$956,651,180
Middle Tennessee Electric Membershi P Corporation
Murfreesboro, TN
$897,322,235
Pedernales Electric Cooperative Inc
Johnson City, TX
$882,753,381
Denton County Electric Cooperative Inc
Corinth, TX
$780,794,954
Golden Spread Electric Cooperative Inc
Amarillo, TX
$772,338,275
South Texas Electric Cooperative Inc
Nursery, TX
$742,444,236
Rayburn Country Electric Cooperative Inc
Rockwall, TX
$563,041,177
East Texas Electric Cooperative Inc
Nacogdoches, TX
$496,652,970
Tri-County Electric Cooperative Inc
Aledo, TX
$454,006,532
Electric Reliability Council Of Texas Inc 10-10-90
Austin, TX
$488,027,967
Cumberland Electric Membership Corp
Clarksville, TN
$364,091,551
Magic Valley Electric Cooperative Inc
Mercedes, TX
$320,139,415
Dixie Electric Membership Corporation
Baton Rouge, LA
$316,976,547
Northeast Texas Electric Coop Inc
Longview, TX
$309,803,168
Bluebonnet Electric Cooperative Inc
Bastrop, TX
$304,607,852
Southwest Louisiana Electric
Lafayette, LA
$295,781,574
Volunteer Energy Cooperative
Decatur, TN
$298,075,624
First Electric Cooperative Corporation
Jacksonville, AR
$273,232,530
Carroll Electric Cooperative Corporation
Berryville, AR
$275,207,800
Central Electric Power Cooperative
Jefferson City, MO
$253,080,355
Duck River Electric Membership Corporation
Shelbyville, TN
$235,445,434
Mississippi County Electric Cooperative Inc
Blytheville, AR
$219,814,238
National Electrical Contractors Association Inc
Kansas City, MO
$233,742,629
Coast Electric Power Assn
Bay St Louis, MS
$231,986,767
Southern Pine Electric Cooperative
Taylorsville, MS
$220,241,849

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