2021-11-11T13:23:25-06:00 2020-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2020-01-01 640146265 Delta Electric Power Association DELT 6624536352 PO Box 9399 Greenwood MS 389308999 DS O'Bryan General Manager 6624536352 2021-11-10 1 DS OBryan 999009999 Patrick Cooper P00856177 3348347660 2021-10-26 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z DS O'Bryan PO Box 9399 Greenwood MS 389308999 64056472 0 X www.deltaepa.com X 1938 MS To provide reliable electric power and related services to our members at the most affordable cost. 10 10 98 0 0 0 0 0 62772334 61840782 910874 244009 0 1866374 63683208 63951165 0 0 6245537 7664152 6853177 815563 0 0 0 50584494 55471450 63683208 63951165 0 0 144463574 149529930 15900540 18530520 128563034 130999410 To provide rural electric service to members of the organization. 0 0 Provided reliable electric power and related services to our members at the most affordable cost. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 23 0 1 98 1 0 0 0 0 0 0 0 66234754 1418085 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X David O'Bryan 6624177388 PO Box 603 MCCarley MS 38943 Hugh Arant Director 1.00 X 7750 0 0 Bruce A Branch Director 1.00 X 7750 0 0 Wayne Bush Director 1.00 X 7750 0 0 John A Denton Director 1.00 X 7250 0 0 Marsha L Depriest Director 1.00 X 7750 0 0 Harry L Howarth Director 1.00 X 9500 0 0 Charles Hull Director 1.00 X 7750 0 0 Walter R Pillow III Director 1.00 X 7750 0 0 Emery D Skelton Director 1.00 X 7750 0 0 K T Streater Director 1.00 X 7750 0 0 Henry C Waterer Jr Director 1.00 X 3200 0 0 D S O'Bryan General Manager 40.00 X 203694 0 92142 Harold Pittman Assistant General Manager 40.00 X 166894 0 55299 James Kenwright Secretary/Treasurer 40.00 X 145953 0 69631 598491 0 217072 3 0 1 0 Ervin Cable Construction PO Box 932157 Atlanta GA 311932157 Fiber Construction 1914444 Deviney Construction Company PO Box 22679 Jackson MS 39205 Maintaining our Right of Way 1385156 ABC Professional Tree Services Inc 201 Flint Ridge Rd Suite 201 Webster TX 77598 Maintaining our Right of Way 1214201 Conexon LLC 2001 Grand Blvd Ste 700 Kansas City MO 64108 Engineering for Fiber 608467 Mike Rozier Construction Company PO Box 230 Carrollton MS 38917 Built a new Crew Room at our Greenwood O 251957 5 X Sale of Electricity 221000 60988285 60988285 Service Related Revenu 221000 685087 685087 Capital Credits 221000 167410 167410 61840782 325882 325882 826476 0 826476 826476 826476 23434 105307 -81873 -81873 -81873 Miscellaneous revenue 221000 1039898 1039898 1039898 63951165 62880680 0 1070485 7664152 815563 484367 7232978 Cost of Power 35938935 Dist Exp. - Maintance 6852875 Administrative and Gene 2985306 Dist Exp. - Operations 1449523 527466 63951165 1381208 2396723 9910974 4739538 3007349 2895826 2020694 1766552 14979938 18207088 191143013 98507647 86886641 92635366 26888837 26276770 144463574 149529930 4036023 6436862 9956190 9773370 1908327 2320288 15900540 18530520 X 0 86940 0 10104845 128563034 120807625 128563034 130999410 144463574 149529930 X 0 2436376 X X 0 1 X 1 0 282646 282646 3834226 2353052 1481174 187026141 96154595 90871546 92635366 Investment in Subsidiary -104305 C Patronage capital from Associated Coop 24931541 C Investment in Federated Insurance 58490 C Investment in Capital term Certificates 1315495 C Investment in Associated Organizations 4705 C Investment in CoBank 558226 C Investment in Gresco 77202 C Other investments in various Coops 47483 C 26888837 Customer Deposits 2093845 Deferred Credits 226443 2320288 X 0 0 0 D S O'Bryan General Manager 200067 0 0 0 3627 0 81715 0 10427 0 295836 0 0 0 Harold Pittman Assistant General Manager 163698 0 0 0 3196 0 41616 0 13683 0 222193 0 0 0 James Kenwright Secretary/Treasurer 143216 0 0 0 2737 0 59205 0 10426 0 215584 0 0 0 Form 990, Part VI, Section A, line 6 The Association was organized with members. Form 990, Part VI, Section A, line 7a The members elect the directors of the cooperative. Form 990, Part VI, Section A, line 7b The business and affairs of the organization are managed by the Board of Directors which exercises all of the powers of the organization except such as are by law, or by the Certificate of Incorporation of the organization, or by the bylaws conferred upon or reserved to the members. The organization's bylaws include certain provisions in which a majority of the membership would need to approve such transactions. An example would be decisions to sell, lease, or otherwise dispose of more than ten percent of the organization's property. Form 990, Part VI, Section B, line 11b Presented to the directors for their approval at the regular board meeting prior to filling. Form 990, Part VI, Section B, line 12c An annual certification is required of each Director. Form 990, Part VI, Section B, line 15 Presented to the directors for approval. Form 990, Part VI, Section C, line 19 Bylaws are on our website and offered to all new members. All governing materials are available at any time upon request. Form 990, PArt IX, Line 4 The instructions to the Form 990 indicate that organizations exempt under Section 501 (c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. Delta Electric Power Association has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. Delta Electric Power Association assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year. Form 990, Part XI, line 9: Change in Memberships 1,065. Change in Capital Stock 298,435. Unrealized gains/losses 564,579. Retirement of patronage capital -6,091,857. Assignment of net margins to members 7,664,154. Part XII, Line 2c explanation On June 16, 2020, Delta Electric Power Association (Delta EPA) formed its wholly-owned subsidiary, Delta Fiber, LLC d/b/a DE LightSpeed (DE LightSpeed). DE LightSpeed began its operating activity in December 2020. The consolidated financial statements include the accounts of Delta EPA and DE LightSpeed. All references to the Association include Delta EPA and DE LightSpeed. All material intercompany balances and transactions have been eliminated in consolidation. Delta Fiber LLC PO Box 9399 Greenwood MS 38930 851395458 Broadband MS Delta Electric Power Association C -105308 341945 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0