2023-03-10T09:19:51-05:00 2022-06-30 853667394 CORBIN & BIGGS PLLC 385-B HIGHLAND COLONY PARKWAY SUIT RIDGELAND MS 39157 990 2021-07-01 640150802 EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION EAST 6015818600 2211 A STREET MERIDIAN MS 39301 RANDY CARROLL CHIEF EXECUTIVE OFF 6015818600 2023-02-28 true RANDY CARROLL XXX-XX-XXXX GEORGE M BIGGS JR P00912499 6019572001 2023-03-10 2021 2023-04-26 12:10:37Z RANDY CARROLL 2211 A STREET MERDIAN MS 39301 82434057 false X WWW.EMEPA.COM X 1938 MS EMEPA'S MISSION IS TO ENHANCE OUR MEMBER'S LIFESTYLE AND STANDARD OF LIVING. OUR CORE BUSINESS IS PROVIDING VALUED ELECTRIC SERVICES AS WE SEEK NEW OPPORTUNITIES TO SERVE OUR COMMUNITY. 10 10 151 1506969 2761500 0 73696731 79527011 312659 960741 1628751 1946305 78399641 82434057 0 5391865 4098141 11065981 11437031 0 0 61941795 66898885 78399641 82434057 0 181661961 245986766 88353543 151707569 93308418 94279197 EMEPA'S MISSION IS TO ENHANCE OUR MEMBER'S LIFESTYLE AND STANDARD OF LIVING. OUR CORE BUSINESS IS PROVIDING VALUED ELECTRIC SERVICES AS WE SEEK NEW OPPORTUNITIES TO SERVE OUR COMMUNITY. false false THE ASSOCIATION DELIVERED ELECTRIC SERVICE TO OVER 37000 MEMBERS. PROVISION OF BROADBAND SERVICES TO MEMBERSHIP THROUGH A WHOLLY OWNED SUBSIDIARY. false false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 55 0 151 true true true false false false false 82642585 3759538 false false false X 10 10 false false false false true true false true true false false true true true true false false true true false X KEVIN HEDGPETH 6015818600 2211 A STREET MERIDIAN MS 39301 RANDY CARROLL CHIEF EXECUT 30.00 20.00 X 262614 0 72624 PAT WILLIAMS DIR OF ENGIN 36.00 10.00 X 183881 0 54780 KEVIN HEDGPETH DIRECTOR OF 29.00 20.00 X 180596 0 54780 BRENT MABRY DIR. OF SYST 29.00 20.00 X 176376 0 52594 BRYCE NESTER DIR/ENERGY S 41.00 X 169984 0 52584 SHERRY WALLACE DIRECTOR OF 41.00 X 147346 0 49202 DAVE MILLER SYSTEM MAINT 40.00 X 137119 0 46538 MATT SAMPLEY SYSTEM DESIG 40.00 X 127750 0 46494 BILLY CLAY DIRECTOR 4.05 0.25 X 10153 4200 18504 MIKE FULLER PRESIDENT 1.35 0.25 X X 9750 4200 18501 JERRY WEBB DIRECTOR 2.60 X 11252 0 18504 CHES BREWER DIRECTOR 5.20 X 10003 0 18504 DAVID SORRELS DIRECTOR 5.10 X 13625 0 8722 CHESTER WILLIS TREASURER 2.20 X X 11757 0 8722 LINDSEY KEENE DIRECTOR 3.95 0.25 X 10394 4200 1222 GLORIA WELCH SECRETARY 2.10 0.25 X X 10575 4200 0 MIKE KENNEDY VICE PRESIDE 2.05 0.25 X X 9750 4200 517 LARRY PACE DIRECTOR 5.80 X 10976 0 1222 1493901 21000 524014 26 false true false ERVIN CABLE CONSTRUCTION PO BOX 10 STURGIS KY 42459 FIBER CONTR. 10775850 MDR CONSTRUCTION 621 EAST BAYLIS CHAPEL COLUMBIA MS 39429 CONSTRUCTION 2872724 CONEXON LLC 2001 GRAND BLVD SUITE 700 KANSAS CITY MO 64108 PROJECT MGT 1901548 HIGHLAND CABLING LLC 105 LILLIAN DRIVE SIKESTON MO 63801 FIBER CONT. 1613631 SOUTHERN CLEARING PO BOX 425 BUTLER AL 36904 ROW CLEARING 1374542 17 OPERATING REVENUES 77298511 77298511 POLE RENTAL 2228500 2228500 79527011 960741 884721 76020 PATRONAGE CAPITAL 782418 782418 BROADBAND ADMIN. SERVICES 900099 605603 605603 NAVY PRIVATIZATION CONTRACT 430037 430037 128247 111602 16645 1946305 82434057 78622568 1506969 2304520 4098141 782703 5809789 1967426 2176660 700453 36143 30582 9820 392446 3170295 8092848 COST OF POWER 48032782 DISTRIBUTIONS - MAINTENAN 2641395 DISTRIBUTION - OPERATIONS 1685764 ADMINISTRATIVE & GENERAL 1450089 1356721 82434057 0 0 0 7224630 18333736 5246513 6351061 3713650 8573423 5795270 11515401 401814 331571 308038549 118659214 148463308 189379335 1971254 1641492 4092517 4459644 4753005 5401103 181661961 245986766 9974793 11463713 61695950 120683174 16682800 19560682 88353543 151707569 X 316305 92992113 94279197 93308418 94279197 181661961 245986766 X 0 970779 X false true X true true true 308038549 118659214 189379335 189379335 DEFERRED CREDITS 8855798 POST RETIREMENT BENEFIT LIABILITY 7286042 CUSTOMER DEPOSITS 1777350 DEFERRED COMPENSATION LIABILITY 1641492 19560682 X SCHEDULE D, PAGE 3, PART X EMEPA IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501 (C)12. EMC HAS ELECTED TO BE TAXED AS A CORPORATION. INCOME TAX PROVISIONS ARE BASED ON THE ASSET AND LIABILITY METHOD. DEFERRED INCOME TAXES HAVE BEEN PROVIDED FOR TEMPORARY DIFFERENCES BETWEEN THE TAX BASIS OF ASSETS AND LIABILITIES AND THEIR REPORTED AMOUNTS IN THE CONSOLIDATED FINANCIAL STATEMENTS. SUCH DIFFERENCES CONSIST OF NET OPERATING LOSSES CARRYFORWARDS AND ACCELERATED DEPRECIATION FOR TAX PURPOSES. ACCOUNTING RULES PRESCRIBE WHEN TO RECOGNIZE AND HOW TO MEASURE THE CONSOLIDATED FINANCIAL STATEMENT EFFECT, IF ANY, OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON INCOME TAX RETURNS INCLUDING THE POSITION THAT EMEPA WILL CONTINUE TO QUALIFY AS A TAX EXEMPT ORGANIZATION. MANAGEMENT EVALUATES THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTIONS, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED. BASED ON THAT EVALUATION, IF IT WERE MORE THAN 50% PROBABLE THAT A MATERIAL AMOUNT OF INCOME TAX WOULD BE IMPOSED ON THE ASSOCIATION UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITIES, A LIABILITY WOULD BE RECOGNIZED IN THE CONSOLIDATED BALANCE SHEET ALONG WITH ANY INTEREST AND PENALTIES RESULTING FROM THAT ASSESSMENT.SHOULD ANY PENALTIES AND INTEREST BE INCURRED, THE ASSOCIATION'S POLICY WOULD BE TO RECOGNIZE THEM AS OPERATING EXPENSES. BASED ON MANAGEMENT'S EVALUATION, NO LIABILITIES OR PENALTIES AND INTEREST WERE REQUIRED TO BE RECORDED FOR UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2022 AND 2021. YEARS THAT EMEPA RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND MISSISSIPPI DEPARTMENT OF REVENUE INCLUDE THE YEARS ENDED JUNE 30, 2022, 2021, 2020, AND 2019 , AND FOR EMC, THE YEARS ENDED JUNE 30,2022 AND 2021. X X X false false false RANDY CARROLL CHIEF EXECUTIVE OFF 247875 14739 54120 18504 335238 PAT WILLIAMS DIR OF ENGINEERING 175265 8616 36276 18504 238661 KEVIN HEDGPETH DIRECTOR OF ACCT/FIN 170514 10082 36276 18504 235376 BRENT MABRY DIR. OF SYSTEM SER. 167848 8528 34090 18504 228970 BRYCE NESTER DIR/ENERGY SERVICES 165333 4651 34080 18504 222568 SHERRY WALLACE DIRECTOR OF HR 142757 4589 30698 18504 196548 DAVE MILLER SYSTEM MAINT. ENG. 135514 1605 28034 18504 183657 MATT SAMPLEY SYSTEM DESIGN ENG. 125886 1864 27990 18504 174244 SCHEDULE J, PART III COMPENSATION IS REVIEWED BY AN EXTERNAL ORGANIZATION AND COMPARED TO OTHER SIMILAR ORGANIZATIONS WITHIN THE ELECTRIC COOPERATIVE INDUSTRY. FORM 990 PART IX, LINE 4 , BENFITS PAID TO OR FOR MEMBERS THE AMOUNT ON LINE 4 OF PART IX, BENEFITS PAID TO OR FOR MEMBERS REPRESENTS PATRONAGE CAPITAL ALLOCATED TO MEMBERS FOR THE YEAR ENDED JUNE 30, 2022. TOTAL NET RETIREMENT OF PATRONAGE CAPITAL TO MEMBERS FOR THE YEAR ENDED JUNE 30, 2022 WAS 1,438,051. FORM 990, PAGE 6, PART VI, LINE 6 EMEPA IS A NOT-FOR-PROFIT MEMBER OWNED ORGANIZATION. BEFORE RECEIVING ELECTRIC SERVICE, EACH PERSON/BUSINESS MUST APPLY FOR SERVICE. SERVICE IS OPEN TO ALL PERSONS/BUSINESSES LOCATED WITHIN EMEPA'S CERTIFIED SERVICE TERRITORY. FORM 990, PAGE 6, PART VI, LINE 7A EMEPA HOLDS AN ANNUAL MEETING THE FIRST SATURDAY IN OCTOBER EACH YEAR. A NOMINATING COMMITTEE , COMPOSED OF MEMBERS, NOMINATES CANDIDATES ANNUALLY FOR ELECTION TO A THREE YEAR TERM. THOSE NOT ATTENDING IN PERSON MAY VOTE BY PROXY. FORM 990, PAGE 6, PART VI, LINE 11B THE DATA PROVIDED IN THE IRS FORM 990 IS REVIEWED BY THE CEO AND DIRECTOR OF ACCOUNTING AND FINANCE. AFTER REVIEW, THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT A MONTHLY BOARD MEETING AND FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C EMEPA PROVIDES A CONFLICT OF INTEREST CERTIFICATE AND DISCLOSURE FORM TO THE OFFICERS, DIRECTORS AND KEY EMPLOYEES WHO MUST SIGN THAT THEY HAVE READ IT AND THAT THEY DO NOT HAVE ANY CONFLICTS. EACH PERSON MUST AGREE TO NOTIFY THE ASSOCIATION OF ANY CONFLICT AS SOON AS IT IS DISCOVERED. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS REVIEWED BY AN EXTERNAL ORGANIZATION AND COMPARED TO OTHER SIMILAR ORGANIZATIONS WITHIN THE ELECTRIC COOPERATIVE INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION IS REVIEWED BY AN EXTERNAL ORGANIZATION AND COMPARED TO OTHER SIMILAR ORGANIZATIONS WITHIN THE ELECTRIC COOPERATIVE INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST IN OUR OFFICE. FINANCIAL STATEMENTS ARE ALSO AVAILABLE BY REQUEST AND ARE PRINTED ANNUALLY IN THE ANNUAL REPORT OF THE ASSOCIATION AND ARE GIVEN TO EACH MEMBER ATTENDING THE ANNUAL MEETING. FORM 990, PART XI, LINE 9 ALLOCATION OF CAPITAL CREDITS 4,098,141 ACTUARIAL GAIN 0 AMORTIZATION OF ACT LOSS 9,938 DECREASE IN MEMBERSHIPS -4,960 RETIREMENT OF PATRONAGE -1,438,051 PRIOR SERVICE COST -1,451,434 ACTUARIAL LOSS -242,855 TOTAL 970,779 EAST MISSISSIPPI CONNECT LLC 2211 A STREET MERIDIAN MS 39301 851726331 BROADBAND MS N/A C CORP false true false false true false false false false false true false false false true true false true false false EAST MISSISSIPPI CONNECT LLC A 884721 FMV EAST MISSISSIPPI CONNECT LLC O 429436 FMV EAST MISSISSIPPI CONNECT LLC Q 176167 FMV EAST MISSISSIPPI CONNECT LLC J 765808 FMV