NonprofitsPrentiss County Electric Power Assn

Prentiss County Electric Power Assn

BOONEVILLE, MS

Total revenue

$44.9M

Total expenses

$43.9M

Net assets

$37.5M

Grants received

EIN

640225540

Tax year

2024

Mission

Providing retail sale of electricity and fiber internet service and the operating and maintaining of the system.

Programs

14 programs

Salaries and wages charged directly to expense

Expenses: $1.9M

Depreciation on buildings equipment and electrical plant for the year

Expenses: $2.9M

Distribution Expense

Expenses: $1.2M

Customer Account Expense

Expenses: $574K

Customer Service Expense

Expenses: $31K

Administrative & General Expense

Expenses: $84K

Maintenance Expense

Expenses: $4.2M

Miscellaneous Expense

Expenses: $17K

Rent & Lease Expense

Expenses: $59K

Sales Expense

Expenses: $25K

Interest Expense

Expenses: $358K

Payroll Taxes & Other Taxes

Expenses: $554K

Pension Plan Benefits

Expenses: $603K

Other Employee Benefits

Expenses: $423K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$43.5M
Investment income$182K
Other revenue$1.2M
Total revenue$44.9M

Expenses

Grants paid
Salaries & benefits$3.6M
Fundraising
Other expenses$40.3M
Total expenses$43.9M
Total assets$56.0M
Net assets$37.5M

People

15 listed

NameRoleCompensation

Dwain Brown

President

Board

$3K

1 hrs/wk

Jim McCoy

Board Member

Board

$3K

1 hrs/wk

Robert McCoy

Board Member

Board

$3K

1 hrs/wk

Kay Crow

Board Member

Board

$3K

1 hrs/wk

Charles M Geno

Board Member

Board

$3K

1 hrs/wk

Janis Burns

Secretary Treasurer

Board

$3K

1 hrs/wk

Lane Smith

Vice President

Board

$3K

1 hrs/wk

Bud Davis

Board Member

Board

$2K

1 hrs/wk

James A Huddleston

Board Member

Board

$2K

1 hrs/wk

Danny Bishop

Board Member

Board

$2K

1 hrs/wk

Bill Caver

Board Member

Board

$2K

1 hrs/wk

Stewart Moore

Board Member

Board

$1K

1 hrs/wk

Brandon Nunley

Board Member

Board

$1K

1 hrs/wk

Robert Dodson

General Manager

Staff

$171K

50 hrs/wk

Scotty Church

Assistant Manager

Staff

$168K

45 hrs/wk

Independent contractors

2C Construction LLC

Right of Way Trimming

$2.6M

K B Communications LLC

Fiber Installation

$522K

Best Choice Lawn Care

Brush Cutting Right of Way

$468K

Details

EIN640225540
Subsection12
Ruling date1937-04
Formed1935
Employees41
Volunteers0
PRENTISS COUNTY ELECTRIC POWER ASSN — Mission, Financials & Grants Received | Grantivo