ALCORN COUNTY ELECTRIC POWER ASSOCIATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ALCORN COUNTY ELECTRIC POWER ASSOCIATION (EIN 64-0111850)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-11-12
- IRS object ID
- 202133169349309113
- Schema version
- 2020v4.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T14:11:30-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 631208839 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SPARKS CPA FIRM PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 540 | AddressLine1Txt |
| City | BOONEVILLE | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 388290540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640111850 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALCORN COUNTY ELECTRIC POWER ASSOCI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALCO | BusinessNameControlTxt |
| Phone | 6622874402 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 1590 | AddressLine1Txt |
| City | CORINTH | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38835 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEAN MCGRATH | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6622874402 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SEAN | PersonFirstNm |
| Person Last | MCGRATH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES A GALLOWAY CPA | PreparerPersonNm |
| PTIN | P01063279 | PTIN |
| Phone | 6627286172 | PhoneNum |
| Preparation | 2021-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EDDIE HOWARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1909 SOUTH TATE STREET | AddressLine1Txt |
| City | CORINTH | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38834 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $57,099,764 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ACE-POWER.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1934 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE ELECTRICITY TO MEMBERS IN THE ALCORN COUNTY, MS AREA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 87 | TotalEmployeeCnt |
| Total Gross UBI | $203,283 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $381,812 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $404,390 | CYProgramServiceRevenueAmt |
| PY Investment Income | $204,492 | PYInvestmentIncomeAmt |
| CY Investment Income | $150,278 | CYInvestmentIncomeAmt |
| PY Other Revenue | $15,658,745 | PYOtherRevenueAmt |
| CY Other Revenue | $18,624,927 | CYOtherRevenueAmt |
| PY Total Revenue | $16,245,049 | PYTotalRevenueAmt |
| CY Total Revenue | $19,179,595 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,486,154 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,363,592 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,692,212 | PYOtherExpensesAmt |
| CY Other Expenses | $10,474,415 | CYOtherExpensesAmt |
| PY Total Expenses | $15,178,366 | PYTotalExpensesAmt |
| CY Total Expenses | $14,838,007 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,066,683 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,341,588 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $92,865,854 | TotalAssetsBOYAmt |
| Total Assets EOY | $107,123,733 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,894,782 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $38,806,538 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $63,971,072 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $68,317,195 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE ELECTRICITY TO MEMBERS IN THE ALCORN COUNTY, MS AREA. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | PROVIDED ELECTRICITY TO APPROXIMATELY 19,000 CUSTOMERS/MEMBERS | Desc |
| 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 | false | 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 | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 87 | 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 | $54,878,132 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,835,141 | 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 | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | 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 | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | 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 | SEAN MCGRATH | PersonNm |
| Phone | 6622874402 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1909 SOUTH TATE STREET | AddressLine1Txt |
| City | CORINTH | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38834 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 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 |
|---|---|---|---|---|---|---|---|
| BOBBY ROBERTS | |||||||
| SECRETARY/TR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $4,133 | |
| MARK GARDNER | |||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| J B DARNELL | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SAM TULL | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $8,267 | ||
| ERIC POWELL | |||||||
| VICE PRESIDE | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDDIE HOWARD | |||||||
| CEO | 40.00 | Yes (X) | $210,283 | $0 | $76,831 | ||
| SEAN MCGRATH | |||||||
| CFO | 40.00 | Yes (X) | $173,315 | $0 | $60,945 | ||
| JASON GRISHAM | |||||||
| COO | 40.00 | Yes (X) | $186,796 | $0 | $64,213 | ||
| PAUL MCNAIR | |||||||
| ASST. OPER M | 40.00 | $153,710 | $0 | $54,843 | Yes (X) | ||
| WALLY EATON | |||||||
| LINE FOREMAN | 40.00 | $151,667 | $0 | $50,529 | Yes (X) | ||
| TRINT BAGGETT | |||||||
| SYSTEM ENGIN | 40.00 | $128,597 | $0 | $49,658 | Yes (X) | ||
| SCOTTY MILLS | |||||||
| RIGHT OF WAY | 40.00 | $125,148 | $0 | $43,198 | Yes (X) | ||
| DON ARNOLD | |||||||
| LINE FOREMAN | 40.00 | $116,774 | $0 | $37,351 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,246,290 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $449,968 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | 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)
| Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|---|
| SDT SOLUTIONS LLC | |||||||
| SDT SOLUTIONS LLC | PO BOX 554 | P0 BOX 554 | BROOKHAVEN | MS | 39602 | INFRASTRUCTURE | $6,537,293 |
| FIBERRISE COMMUNICATIONS LLC | |||||||
| FIBERRISE COMMUNICATIONS LLC | 12060 COUNTY LINE RD | SUITE J-239 | MADISON | AL | 35756 | ENG. CONSULTING | $2,472,762 |
| ASPLUNDH TREE EXPERTS | |||||||
| ASPLUNDH TREE EXPERTS | PO BOX 532729 | PO BOX 532729 | ATLANTA | GA | 30353 | TREE TRIMMING | $542,445 |
| BRANDER GROUP | |||||||
| BRANDER GROUP | 5455 WILSHIRE BLVD STE 2127 | LOS ANGELES | CA | 90036 | IT CONSULTING | $253,952 | |
| CENTRAL SERVICE ASSOCIATION | |||||||
| CENTRAL SERVICE ASSOCIATION | PO BOX 3480 | PO BOX 3480 | TUPELO | MS | 38803 | SOFTWARE & MAIN | $199,064 |
| 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 |
|---|---|---|---|
| FORFEITED DISCOUNTS | 221000 | $264,318 | $264,318 |
| SERVICE REVENUE | 221000 | $140,072 | $140,072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $404,390 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $150,278 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $150,278 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $1,542,565 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $1,542,565 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,542,565 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,339,282 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $203,283 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $52,931,177 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $37,920,169 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,011,008 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,011,008 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | 221000 | $1,669,053 | $1,669,053 |
| GAIN ON OPEB LIAB VALUATION | 221000 | $402,301 | $402,301 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,071,354 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,179,595 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,976,312 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $203,283 | UnrelatedBusinessRevenueAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,379,078 | TotalAmt |
| Program Services | $3,379,078 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $984,514 | TotalAmt |
| Program Services | $984,514 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,322 | TotalAmt |
| Program Services | $10,322 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,110 | TotalAmt |
| Program Services | $16,110 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,030 | TotalAmt |
| Program Services | $93,030 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,225,402 | TotalAmt |
| Program Services | $1,225,402 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $525,439 | TotalAmt |
| Program Services | $525,439 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,398,265 | TotalAmt |
| Program Services | $3,398,265 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $383,563 | TotalAmt |
| Program Services | $383,563 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| DISTRIBUTION EXPENSE | $3,160,656 | $3,160,656 |
| CUSTOMER ACCOUNT EXPENSE | $616,803 | $616,803 |
| TAXES | $443,947 | $443,947 |
| GENERAL MAINTENANCE | $437,125 | $437,125 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,753 | TotalAmt |
| Program Services | $163,753 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,838,007 | TotalAmt |
| Program Services | $14,838,007 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,353,164 | BOYAmt |
| EOY | $10,258,804 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,668,379 | BOYAmt |
| EOY | $2,953,922 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,411,708 | BOYAmt |
| EOY | $6,310,959 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,674,025 | BOYAmt |
| EOY | $4,596,762 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,133,063 | BOYAmt |
| EOY | $988,246 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,262,611 | BOYAmt |
| EOY | $3,161,656 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $120,396,806 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $42,728,980 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,131,228 | BOYAmt |
| EOY | $77,667,826 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,196 | BOYAmt |
| EOY | $66,944 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,168,480 | BOYAmt |
| EOY | $1,118,614 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,865,854 | BOYAmt |
| EOY | $107,123,733 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,449,863 | BOYAmt |
| EOY | $7,827,269 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,348,244 | BOYAmt |
| EOY | $20,260,141 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,096,675 | BOYAmt |
| EOY | $10,719,128 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,894,782 | BOYAmt |
| EOY | $38,806,538 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $585,787 | BOYAmt |
| EOY | $590,322 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,385,285 | BOYAmt |
| EOY | $67,726,873 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,971,072 | BOYAmt |
| EOY | $68,317,195 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,865,854 | BOYAmt |
| EOY | $107,123,733 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,341,588 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $4,535 | 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 | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $723,780 | OtherCostOrOtherBasisAmt |
| Book Value | $723,780 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,131,847 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,390,436 | DepreciationAmt |
| Book Value | $5,741,411 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $111,541,179 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,338,544 | DepreciationAmt |
| Book Value | $71,202,635 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $77,667,826 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| POST RETIREMENT BENEFIT OBLIG | $6,914,039 |
| CUSTOMER DEPOSITS | $2,061,167 |
| CUSTOMER CONSERVATION LOANS | $1,743,657 |
| MISC | $265 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,719,128 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $19,179,595 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $19,179,595 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $19,179,595 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,838,007 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $14,838,007 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $14,838,007 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|
| EDDIE HOWARD | |||
| CEO | $210,283 | $76,831 | $287,114 |
| SEAN MCGRATH | |||
| CFO | $173,315 | $60,945 | $234,260 |
| JASON GRISHAM | |||
| COO | $186,796 | $64,213 | $251,009 |
| PAUL MCNAIR | |||
| ASST. OPER MANAGER | $153,710 | $54,843 | $208,553 |
| WALLY EATON | |||
| LINE FOREMAN | $151,667 | $50,529 | $202,196 |
| TRINT BAGGETT | |||
| SYSTEM ENGINEER | $128,597 | $49,658 | $178,255 |
| SCOTTY MILLS | |||
| RIGHT OF WAY FOREMAN | $125,148 | $43,198 | $168,346 |
| DON ARNOLD | |||
| LINE FOREMAN | $116,774 | $37,351 | $154,125 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | EDDIE HOWARD, CEO, SEAN MCGRATH, CFO, AND JASON GRISHAM, COO, HAVE A SALARY CONTINUATION NONQUALIFIED PLAN AGREEMENT BACKED BY LIFE INSURANCE POLICIES. IT IS PAYABLE UPON RETIREMENT IN MONTHLY INSTALLMENTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | BOARD MEMBERS ARE ELECTED FOR A 3 YEAR TERM FROM THE MEMBERSHIP BY THE MEMBERSHIP. |
| FORM 990, PAGE 6, PART VI, LINE 11B | GOVERNING BOARD REVIEWS AND APPROVES AT REGULAR MEETING BEFORE FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | OPEN DISCUSSION IN REGULAR BOARD MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 15A | GOVERNING BOARD, WHICH IS INDEPENDENT, REVIEWS AND DISCUSSES ON ANNUAL BASIS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | GOVERNING BOARD, WHICH IS INDEPENDENT, REVIEWS AND DISCUSSES ON ANNUAL BASIS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE ON THE ASSOCIATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9 | MEMBERSHIPS 4,535 |