NORTH EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: NORTH EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION (EIN 64-0214575)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-02-21
IRS object ID: 202310529349301201
Schema version: 2021v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-02-21T10:17:51-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	640736635	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FRANKS FRANKS WILEMON & HAGOOD PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 731	AddressLine1Txt
City	TUPELO	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	388020731	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	640214575	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NORTH EAST MISSISSIPPI EPA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NORT	BusinessNameControlTxt
Phone	6622346331	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 PRIVATE ROAD 2050	AddressLine1Txt
City	OXFORD	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	38655	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KEITH HAYWARD	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	6622346331	PhoneNum
Signature	2023-02-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	KEITH	PersonFirstNm
Person Last	HAYWARD	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JONATHAN HAGOOD	PreparerPersonNm
PTIN	P00736953	PTIN
Phone	6628445226	PhoneNum
Preparation	2023-02-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-03-07 01:45:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KEITH HAYWARD	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 PRIVATE ROAD 2050	AddressLine1Txt
City	OXFORD	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	38655	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$81,626,434	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.NEMEPA.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Activity Or Mission	TO PROVIDE ELECTRIC UTILITY SERVICES TO MEMBERS IN NORTH EAST MISSISSIPPI	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	78	TotalEmployeeCnt
Total Gross UBI	$3,360,852	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$68,452,467	PYProgramServiceRevenueAmt
CY Program Service Revenue	$76,416,974	CYProgramServiceRevenueAmt
PY Investment Income	$78,904	PYInvestmentIncomeAmt
CY Investment Income	$499,333	CYInvestmentIncomeAmt
PY Other Revenue	$8,397,439	PYOtherRevenueAmt
CY Other Revenue	$4,710,127	CYOtherRevenueAmt
PY Total Revenue	$76,928,810	PYTotalRevenueAmt
CY Total Revenue	$81,626,434	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,207,355	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$3,283,568	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$67,328,340	PYOtherExpensesAmt
CY Other Expenses	$71,689,497	CYOtherExpensesAmt
PY Total Expenses	$68,535,695	PYTotalExpensesAmt
CY Total Expenses	$74,973,065	CYTotalExpensesAmt
PY Revenues Less Expenses	$8,393,115	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,653,369	CYRevenuesLessExpensesAmt
Total Assets BOY	$168,857,500	TotalAssetsBOYAmt
Total Assets EOY	$187,264,914	TotalAssetsEOYAmt
Total Liabilities BOY	$101,453,248	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$113,187,231	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$67,404,252	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$74,077,683	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE ELECTRIC UTILITY SERVICES TO MEMBERS IN NORTH EAST MISSISSIPPI	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$74,973,065	ExpenseAmt
Desc	SERVE MEMBERS WITH ELECTRIC UTILITY	Desc
Total Program Service Expenses	$74,973,065	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	50	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	78	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Members And Shr Gross Income	$76,280,821	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$5,345,613	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	false	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	false	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	MARGARET CALLAHAN	PersonNm
Phone	6622346331	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 PRIVATE ROAD 2050	AddressLine1Txt
City	OXFORD	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	38655	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES DOWNS
PRESIDENT	10.00	Yes (X)	Yes (X)	$16,600	$0	$0
JOHN W DAVIS
VICE PRESIDE	5.00	Yes (X)	Yes (X)	$14,520	$0	$0
J R GALLAGHER
SECRETARY/ T	5.00	Yes (X)	Yes (X)	$13,200	$0	$0
JAMES HEROD
DIRECTOR	5.00	Yes (X)		$13,200	$0	$0
GENE HARTLEY
DIRECTOR	5.00	Yes (X)		$14,400	$0	$0
BILLY R BROWN
DIRECTOR	5.00	Yes (X)		$12,000	$0	$0
DANNY RUSSELL
DIRECTOR	5.00	Yes (X)		$13,000	$0	$0
MICKEY CLAYTON
DIRECTOR	5.00	Yes (X)		$12,000	$0	$0
KEITH HAYWARD
CEO	40.00		Yes (X)	$242,311	$67,750	$78,839
WALKER R ABEL
OPERATIONS A	40.00			$153,821	$0	$58,246	Yes (X)
MARLIN WILLIAMS
MEMBER SERVI	40.00			$114,961	$0	$48,114	Yes (X)
JASON LONG
OPERATIONS E	40.00			$132,470	$0	$52,290	Yes (X)
JIM MCCLURE
DISTRIBUTION	40.00			$107,671	$0	$38,297	Yes (X)
MICHAEL PHILLIPS
FOREMAN	40.00			$106,288	$0	$35,376	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$966,442	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$67,750	TotReportableCompRltdOrgAmt
Total Other Compensation	$311,162	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	13	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
NATIONAL ON DEMAND INC
PO BOX 2407	BURLINGTON	NC	27216	CONSTRUCTION	$15,401,640
MDR CONSTRUCTION CO
621 EAST BAYLIS CHAPEL RD	COLUMBIA	MS	39429	CONSTRUCTION	$1,271,187
KENDALL & COMPANY INC
PO BOX 831	LAWRENCEVILLE	GA	30046	ROW	$698,182
S&S LINE SERVICE INC
PO BOX 485	LAUREL	MS	39441	ROW	$619,207
SOUTHERN ELECTRIC CORPORATION
PO BOX 320398	FLOWOOD	MS	39232	CONSTRUCTION	$428,343

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ELECTRICITY SALES	221000	$76,280,821	$76,280,821
PATRONAGE DIVIDENDS	221000	$136,153	$136,153

Field	Value	IRS element (for citing)
Total Program Service Revenue	$76,416,974	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$499,333	TotalRevenueColumnAmt
Related Or Exempt Func Income	$67,133	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$432,200	UnrelatedBusinessRevenueAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$1,781,475	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$1,781,475	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,781,475	TotalRevenueColumnAmt
Exclusion	$1,781,475	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	FIBER LEASE INCOME	Desc
Business	517000	BusinessCd
Total Revenue Column	$2,928,652	TotalRevenueColumnAmt
Unrelated Business Revenue	$2,928,652	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,928,652	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$81,626,434	TotalRevenueColumnAmt
Related Or Exempt Func Income	$76,484,107	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,360,852	UnrelatedBusinessRevenueAmt
Exclusion	$1,781,475	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$3,283,568	TotalAmt
Program Services	$3,283,568	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$230,621	TotalAmt
Program Services	$230,621	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$157,449	TotalAmt
Program Services	$157,449	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,083,479	TotalAmt
Program Services	$3,083,479	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,999,324	TotalAmt
Program Services	$5,999,324	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
COST OF ELECTRICITY	$53,310,979	$53,310,979
DISTRIBUTION - MAINTENANC	$2,406,417	$2,406,417
FIBER EARNINGS (LOSS)	$2,056,012	$2,056,012
MISC GENERAL & ADMIN	$1,192,550	$1,192,550

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,252,666	TotalAmt
Program Services	$3,252,666	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$74,973,065	TotalAmt
Program Services	$74,973,065	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$594,745	BOYAmt
EOY	$345,682	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$12,629,694	BOYAmt
EOY	$15,152,364	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,112,588	BOYAmt
EOY	$2,919,632	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,824,395	BOYAmt
EOY	$817,579	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$191,928,018	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$60,517,787	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$117,122,322	BOYAmt
EOY	$131,410,231	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	-$2,027,221	BOYAmt
EOY	-$4,083,233	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$37,600,977	BOYAmt
EOY	$40,702,659	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$168,857,500	BOYAmt
EOY	$187,264,914	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$11,998,978	BOYAmt
EOY	$13,195,317	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$48,762	BOYAmt
EOY	$28,956	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$78,655,131	BOYAmt
EOY	$87,942,557	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,750,377	BOYAmt
EOY	$12,020,401	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$101,453,248	BOYAmt
EOY	$113,187,231	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$269,388	BOYAmt
EOY	$289,450	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$67,134,864	BOYAmt
EOY	$73,788,233	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$67,404,252	BOYAmt
EOY	$74,077,683	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$168,857,500	BOYAmt
EOY	$187,264,914	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$6,653,369	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$20,062	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,726,179	OtherCostOrOtherBasisAmt
Book Value	$1,726,179	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,007,555	OtherCostOrOtherBasisAmt
Book Value	$18,007,555	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$172,194,284	OtherCostOrOtherBasisAmt
Depreciation	$60,517,787	DepreciationAmt
Book Value	$111,676,497	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$131,410,231	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
CONSTRUCTION WIP	$36,893,221
DUE FROM RELATED ENTITY	$3,342,161
OTHER CURRENT AND ACCRUED ASSETS	$445,460
DEFERRED DEBITS	$21,817

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$40,702,659	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
POST RETIREMENT BENEFITS	$7,580,968
CUSTOMER DEPOSITS	$3,896,940
CHECKS ISSUED IN EXCESS OF DEPOSITS	$542,493

Field	Value	IRS element (for citing)
Total Liability	$12,020,401	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$81,626,434	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$81,626,434	RevenueSubtotalAmt
Total Revenue Per Form990	$81,626,434	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$74,973,065	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$74,973,065	ExpensesSubtotalAmt
Total Expenses Per Form990	$74,973,065	TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
KEITH HAYWARD
CEO	$242,311	$67,750	$78,839	$321,150	$67,750
WALKER R ABEL
OPERATIONS AND ENGIN	$153,821		$58,246	$212,067
MARLIN WILLIAMS
MEMBER SERVICES	$114,961		$48,114	$163,075
JASON LONG
OPERATIONS ENGINEER	$132,470		$52,290	$184,760

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990	PRIOR YEAR REVENUES AND EXPENSES ARE REPORTED AS FILED ON THE PRIOR YEAR 990. CURRENT YEAR PROGRAM SERVICE REVENUE IS REPORTED GROSS, LAST YEAR WAS REPORTED NET OF POWER COST. CURRENT YEAR POWER COST IS INCLUDED IN EXPENSES. SALARIES WERE COMBINED WITH OTHER EXPENSES IN THE PRIOR YEAR, THEY ARE REPORTED INDIVIDUALLY IN THE CURRENT YEAR.
FORM 990, PAGE 6, PART VI, LINE 6	EACH CUSTOMER OF THE ASSOCIATION IS ALSO A MEMBER OF THE ASSOCIATION
FORM 990, PAGE 6, PART VI, LINE 7A	MEMBERS ELECT BOARD OF DIRECTOR MEMBERS EACH YEAR. BOARD TERMS RUN THREE YEARS WITH THREE MEMBERS ELECTED EACH YEAR.
FORM 990, PAGE 6, PART VI, LINE 11B	A COPY OF THE 990 IS GIVEN TO MAMAGEMENT AND THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION IS SET BY THE BOARD OF DIRECTOR AT EITHER AN HOURLY RATE OR ANNUAL SALARY
FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION IS SET BY THE BOARD OF DIRECTOR AT EITHER AN HOURLY RATE OR ANNUAL SALARY
FORM 990, PAGE 6, PART VI, LINE 19	DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
FORM 990, PART XI, LINE 9	INCREASE IN MEMBERSHIP 20,062 DECREASE IN MEMBER INVESTMENT 0 TOTAL 20,062

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	NORTH EAST FIBER LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 PRIVATE ROAD 2050	AddressLine1Txt
City	OXFORD	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	38655	ZIPCd

Field	Value	IRS element (for citing)
EIN	844385319	EIN
Primary Activities	FIBER	PrimaryActivitiesTxt
Legal Domicile State	MS	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	false	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (true)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (true)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (true)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
NORTH EAST FIBER LLC
D	$5,805,256	LOAN AGREEMENT
NORTH EAST FIBER LLC
J	$3,735,392	LEASE AGREEMENT
NORTH EAST FIBER LLC
O	$799,866	REIMBURSED LABOR EXPENSES
NORTH EAST FIBER LLC
Q	$200,515	EXPENSE REIMBURSEMENT
NORTH EAST FIBER LLC
A	$432,037	INT. ON INTERCOMPANY LOAN