NonprofitsMagnolia Electric Power Association

Magnolia Electric Power Association

MCCOMB, MS

Total revenue

$92.9M

Total expenses

$92.9M

Net assets

$111.7M

Grants received

EIN

640195613

Tax year

2024

Mission

Member owned electric cooperative.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$90.8M
Investment income$460K
Other revenue$1.6M
Total revenue$92.9M

Expenses

Grants paid
Salaries & benefits$803K
Fundraising
Other expenses$87.4M
Total expenses$92.9M
Total assets$217.2M
Net assets$111.7M

People

16 listed

NameRoleCompensation

DARRELL SMITH

GENERAL MANA

Board

$446K

60 hrs/wk

TONY NETTLES

MANAGER-ADMI

Board

$134K

40 hrs/wk

ODELL MCKENZIE

VICE SEC./TR

Board

$21K

15 hrs/wk

DENNIS WILSON

PRESIDENT

Board

$19K

15 hrs/wk

PAT ARD

VICE PRESIDE

Board

$19K

14 hrs/wk

CINDY GINN

DIRECTOR

Board

$16K

13 hrs/wk

JERRY L SISCO

DIRECTOR

Board

$14K

13 hrs/wk

CARL FULLER

DIRECTOR

Board

$13K

12 hrs/wk

SCOTT SMITH

SEC./TREAS

Board

$13K

13 hrs/wk

HOLLIS ALFORD

DIRECTOR

Board

$11K

12 hrs/wk

JOHN L MCCABE

DIRECTOR

Board

$6K

12 hrs/wk

AARON ACHORD

MANAGER-ENG

Staff

$227K

40 hrs/wk

JASON MALLETTE

SENIOR LINEM

Staff

$144K

40 hrs/wk

WS MCCASKILL

FOREMAN

Staff

$144K

40 hrs/wk

COREY L FLETCHER

LINEMAN

Staff

$144K

40 hrs/wk

DANIEL EVANS

ELEC. ENGINE

Staff

$134K

40 hrs/wk

Independent contractors

KINCO

LINE CONSTRUCTI

$4.1M

MAGNOLIA UTILITY SERVICES LLC

RIGHT-OF-WAY

$3.1M

BARNES ROW SERVICES INC

RIGHT-OF WAY

$2.2M

PIKE ELECTRIC CORPORATION

LINE CONSTRUC

$2.1M

SENSUS USA INC

ELEC.METERS

$1.1M

Details

EIN640195613
Subsection12
Ruling date1942-10
Formed1938
Employees123
MAGNOLIA ELECTRIC POWER ASSOCIATION — Mission, Financials & Grants Received | Grantivo