2022-03-12T08:29:41-06:00 2021-06-30 853667394 CORBIN & BIGGS PLLC PO BOX 930 RIDGELAND MS 39158 990 2020-07-01 640150802 EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION EAST 6015818600 2211 A STREET MERIDIAN MS 39301 RANDY CARROLL CHIEF EXECUTIVE OFF 6015818600 2022-03-11 true RANDY CARROLL XXX-XX-XXXX GEORGE M BIGGS JR P00912499 6019572001 2022-03-12 2020 2022-09-23 18:48:47Z RANDY CARROLL 2211 A STREET MERDIAN MS 39301 78399641 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 10 137 719403 2761500 77652359 73696731 107541 312659 2078707 1628751 79838607 78399641 0 4139938 5391865 11321765 11065981 0 0 64376904 61941795 79838607 78399641 0 156818704 181661961 68009287 88353543 88809417 93308418 X 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. true 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 41 0 137 true true true false false false false 78696731 10866968 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 258833 0 66740 PAT WILLIAMS DIR OF ENGIN 36.00 10.00 X 166159 0 51986 KEVIN HEDGPETH DIRECTOR OF 29.00 20.00 X 161540 0 51986 BRYCE NESTER DIR/ENERGY S 41.00 X 154597 0 50047 BRENT MABRY CEO STAFF AS 29.00 20.00 X 143998 0 47014 SHERRY WALLACE DIRECTOR OF 41.00 X 134124 0 47107 MATT SAMPLEY DIR OF INFOR 40.00 X 128247 0 41292 BILLY CLAY DIRECTOR 4.95 0.25 X 13588 0 18504 MIKE FULLER PRESIDENT 1.75 0.25 X X 11500 0 18501 JERRY WEBB DIRECTOR 2.50 X 10756 0 18504 CHES BREWER DIRECTOR 4.70 X 9985 0 18504 DAVID SORRELS DIRECTOR 5.00 X 12253 0 8722 CHESTER WILLIS TREASURER 2.40 X X 11107 0 8722 LINDSEY KEENE DIRECTOR 3.85 0.25 X 14575 0 1222 MIKE KENNEDY VICE PRESIDE 0.95 0.25 X X 13250 0 517 GLORIA WELCH SECRETARY 1.85 0.25 X X 13304 0 0 LARRY PACE DIRECTOR 6.10 X 10854 0 1222 1268670 450590 23 false true false ERVIN CABLE CONSTRUCTION PO BOX 10 STURGIS KY 42459 FIBER CONTR. 2681701 SOUTHERN CLEARING PO BOX 425 BUTLER AL 36904 ROW CLEARING 1140583 B&B ELECTRICAL & UTILITY PO BOX 1099 CANTON MS 39046 CONSTRUCTION 697536 MDR CONSTRUCTION 621 EAST BAYLIS CHAPEL COLUMBIA MS 39429 CONSTRUCTION 585366 CONEXON LLC 2001 GRAND BLVD SUITE 700 KANSAS CITY MO 64108 PROJECT MGT 481805 11 2761500 2761500 OPERATING REVENUES 72088525 72088525 POLE RENTAL 1608206 1608206 73696731 312659 214266 98393 PATRONAGE CAPITAL 541099 541099 BROADBAND ADMIN. SERVICES 900099 488476 488476 NAVY PRIVATIZATION CONTRACT 430037 430037 169139 152478 16661 1628751 78399641 73212139 719403 1706599 5391865 760149 5688519 1935449 2003324 678540 40327 31264 30022 382819 122819 124797 2320216 7934821 COST OF POWER 45808733 DISTRIBUTIONS - MAINTENAN 2002023 ADMINISTRATIVE & GENERAL 1141559 DISTRIBUTION - OPERATIONS 993450 1008945 78399641 0 0 0 6551681 7224630 4287139 5246513 3713650 1852850 5795270 571089 401814 262536454 114073146 133230915 148463308 1476089 1971254 3960637 4092517 4888304 4753005 156818704 181661961 6698681 9974793 49032367 61695950 12278239 16682800 68009287 88353543 X 321355 316305 88488062 92992113 88809417 93308418 156818704 181661961 X 0 4499001 X false true X true true true 262536454 114073146 148463308 148463308 DEFERRED CREDITS 7115020 POST RETIREMENT BENEFIT LIABILITY 5783077 DEFERRED COMPENSATION LIABILITY 1971254 CUSTOMER DEPOSITS 1813449 16682800 X SCHEDULE D, PAGE 3, PART X EMEPA IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501 (C)12. ACCOUNTING RULES PRESCRIBE WHEN TO RECOGNIZE AND HOW TO MEASURE THE 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 EMEPA UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITIES, A LIABILITY WOULD BE RECOGNIZED IN THE BALANCE SHEET ALONG WITH ANY INTEREST AND PENALTIES RESULTING FROM THAT ASSESSMENT. SHOULD ANY PENALTIES AND INTEREST BE INCURRED, EMEPA'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, 2021 AND 2020. YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE INCLUDE THE YEARS ENDED JUNE 30, 2021, 2020, 2019 AND 2018. X X X false false false RANDY CARROLL CHIEF EXECUTIVE OFF 240149 18684 49356 17384 325573 PAT WILLIAMS DIR OF ENGINEERING 158424 7735 34602 17384 218145 KEVIN HEDGPETH DIRECTOR OF ACCT/FIN 153070 8470 34602 17384 213526 BRYCE NESTER DIR/ENERGY SERVICES 151077 3520 32663 17384 204644 BRENT MABRY CEO STAFF ASST. 139353 4645 29630 17384 191012 SHERRY WALLACE DIRECTOR OF HR 130665 3459 29723 17384 181231 MATT SAMPLEY DIR OF INFORMATION 126766 1481 23908 17384 169539 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, 2021. TOTAL NET RETIREMENT OF PATRONAGE CAPITAL TO MEMBERS FOR THE YEAR ENDED JUNE 30, 2021 WAS 1,897,529. DURING THE YEAR, THE ASSOCIATION RECEIVED 6,062,891 FROM THE MISSISSIPPI PUBLIC SERVICE COMMISSION FROM THE CORONAVIRUS RELIEF FUND WHICH WAS ESTABLISHED UNDER THE CARES ACT. THE PURPOSE OF THE GRANT WAS TO CONSTRUCT A BROADBAND NETWORK FOR THE ASSOCIATION'S MEMBERSHIP. THE GRANT FUNDS WERE APPLIED AS AID-IN-CONSTRUCTION AGAINST THE COST OF THE CONSTRUCTION WHICH APPEARS ON THE BALANCE SHEET OF THIS 990. FORM 990, PAGE 2, PART III, LINE 2 DURING THE CURRENT YEAR, THE ASSOCIATION BEGAN OFFERING BROADBAND SERVICES TO ITS MEMBERS THROUGH A WHOLLY OWNED SUBSIDIARY, EAST MISSISSIPPI CONNECT LLC. 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. 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 5,391,865 ACTUARIAL GAIN 388,236 DECREASE IN MEMBERSHIPS -5,050 RETIREMENT OF PATRONAGE -1,276,050 TOTAL 4,499,001 EAST MISSISSIPPI CONNECT LLC 2211 A STREET MERIDIAN MS 39301 851726331 BROADBAND MS N/A C CORP 310136 3076419 1.00000 true true false false true false false false false false true false false false true true false true false false EAST MISSISSIPPI CONNECT LLC A 214266 FMV EAST MISSISSIPPI CONNECT LLC O 227641 FMV EAST MISSISSIPPI CONNECT LLC Q 260836 FMV EAST MISSISSIPPI CONNECT LLC J 234588 FMV