COOPERATIVE ENERGY A MISSISSIPPI ELECTRIC COOPERATIVE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- COOPERATIVE ENERGY A MISSISSIPPI ELECTRIC COOPERATIVE (EIN 64-0367992)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-07-03
- IRS object ID
- 201431849349300233
- Schema version
- 2013v3.0
- 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 | 2014-07-03T14:10:51-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640367992 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 6012682083 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 15849 | AddressLine1 |
| City | HATTIESBURG | City |
| State | MS | State |
| ZIP Code | 394045849 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAYMOND HALEY | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 6012682083 | PhoneNum |
| Signature | 2014-07-02 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES COMPTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 15849 | AddressLine1 |
| City | HATTIESBURG | City |
| State | MS | State |
| ZIP Code | 394045849 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $811,232,168 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | HTTP://WWW.SMEPA.COOP/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1941 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE AND TRANSMIT THROUGH GENERATION AND PURCHASE OF ELECTRICITY, WHOLESALE ELECTRICITY TO 11 MEMBER OWNED COOPERATIVES, EACH SERVING RETAIL CONSUMERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 407 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $771,844,531 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $811,175,098 | CYProgramServiceRevenueAmt |
| PY Investment Income | $24,344 | PYInvestmentIncomeAmt |
| CY Investment Income | $49,052 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $771,868,875 | PYTotalRevenueAmt |
| CY Total Revenue | $811,224,150 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $70,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $87,500 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $42,513,099 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $32,292,000 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $35,224,299 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $42,082,114 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $694,061,477 | PYOtherExpensesAmt |
| CY Other Expenses | $736,762,536 | CYOtherExpensesAmt |
| PY Total Expenses | $771,868,875 | PYTotalExpensesAmt |
| CY Total Expenses | $811,224,150 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $0 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,893,954,393 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,914,787,418 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,613,716,025 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,602,257,050 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $280,238,368 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $312,530,368 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE AND TRANSMIT THROUGH GENERATION AND PURCHASE OF ELECTRICITY, WHOLESALE ELECTRICITY TO 11 MEMBER OWNER COOPERATIVES, EACH SERVING RETAIL CONSUMERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDE AFFORDABLE AND RELIABLE ELECTRIC ENERGY TO MEMBER COOPERATIVES. THE 11 MEMBER COOPERATIVES PROVIDE SERVICE TO APPROXIMATELY 415,000 METERS IN MISSISSIPPI. SOUTH MISSISSIPPI ELECTRIC AND THE 11 MEMBER SYSTEMS ARE CONSUMER-OWNED, NON-PROFIT BUSINESSES. DURING 2013 SOUTH MISSISSIPPI ELECTRIC PROVIDED MEMBER SYSTEMS WITH 10,166,882 MWH OF ENERGY. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 407 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Members And Shr Gross Income | $781,597,429 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $29,577,668 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAYMOND HALEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6012682083 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7037 HWY 49 N | AddressLine1 |
| City | HATTIESBURG | City |
| State | MS | State |
| ZIP Code | 39401 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BILLY BERRY | ||||||||
| DIRECTOR | 5.60 | Yes (X) | $23,200 | $0 | $0 | |||
| ROY C GRAFE | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $23,200 | $0 | $0 | |||
| WILLIAM H HARDIN | ||||||||
| DIRECTOR | 5.00 | $22,400 | $0 | $0 | Yes (X) | |||
| HARVEY LEE HEDEGAARD | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $24,000 | $0 | $0 | |||
| KEITH W HURT | ||||||||
| DIRECTOR | 8.40 | Yes (X) | $24,800 | $0 | $0 | |||
| DON JORDAN | ||||||||
| DIRECTOR | 10.40 | $26,400 | $0 | $0 | Yes (X) | |||
| WA KENDRICK | ||||||||
| DIRECTOR | 3.60 | Yes (X) | $23,200 | $0 | $0 | |||
| GREG KITCHENS | ||||||||
| DIRECTOR | 2.90 | Yes (X) | $19,200 | $0 | $0 | |||
| MACK MAULDIN | ||||||||
| DIRECTOR | 3.20 | $24,800 | $0 | $0 | Yes (X) | |||
| PERCY MCCAA | ||||||||
| DIRECTOR | 5.90 | Yes (X) | $26,400 | $0 | $0 | |||
| JOHN W MOSLEY | ||||||||
| DIRECTOR | 6.90 | Yes (X) | $24,000 | $0 | $0 | |||
| BOB OCCHI | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $23,200 | $0 | $0 | |||
| GORDON REDD JR | ||||||||
| DIRECTOR | 3.10 | Yes (X) | $22,400 | $0 | $0 | |||
| JOHN B REED | ||||||||
| DIRECTOR | 5.90 | Yes (X) | $19,200 | $0 | $0 | |||
| RW ROBERTSON | ||||||||
| DIRECTOR | 3.30 | Yes (X) | $24,800 | $0 | $0 | |||
| CH SHELTON | ||||||||
| DIRECTOR | 4.50 | Yes (X) | $16,000 | $0 | $0 | |||
| JERRY LAMAR SISCO | ||||||||
| DIRECTOR | 4.20 | Yes (X) | $23,200 | $0 | $0 | |||
| RANDY SMITH | ||||||||
| DIRECTOR | 2.80 | Yes (X) | $27,200 | $0 | $0 | |||
| WILLIAM D SMITH | ||||||||
| DIRECTOR | 8.70 | Yes (X) | $24,800 | $0 | $0 | |||
| LOUIS S THOMPSON | ||||||||
| DIRECTOR | 4.40 | Yes (X) | $22,400 | $0 | $0 | |||
| RANDY WALLACE | ||||||||
| DIRECTOR | 5.20 | Yes (X) | $24,000 | $0 | $0 | |||
| HENRY C WATERER JR | ||||||||
| DIRECTOR | 12.40 | $37,600 | $0 | $0 | Yes (X) | |||
| RON WHITE | ||||||||
| DIRECTOR | 2.60 | Yes (X) | $8,800 | $0 | $0 | |||
| JAMES COMPTON | ||||||||
| GENERAL MANAGER/CEO | 52.00 | $620,304 | $0 | $111,303 | Yes (X) | |||
| RAYMOND HALEY | ||||||||
| CHIEF FINANCIAL OFFICER | 48.00 | $325,868 | $0 | $98,284 | Yes (X) | |||
| MARCUS WARE | ||||||||
| ASST. GENERAL MANAGER | 50.00 | $340,130 | $0 | $105,794 | Yes (X) | |||
| NATHAN BROWN | ||||||||
| CHIEF OPERATING OFFICER | 50.00 | $346,306 | $0 | $109,540 | Yes (X) | |||
| TERRY LEE | ||||||||
| CHIEF ENGIN OFFICER/ASST GEN'L MGR | 45.60 | $250,802 | $0 | $158,086 | Yes (X) | |||
| BRAD WOLFE | ||||||||
| CHIEF POWER DELIVERY OFFICER | 43.00 | $223,965 | $0 | $68,915 | Yes (X) | |||
| JEFF BOWMAN | ||||||||
| CHIEF LEGAL & COMMUNICATIONS OFFICER | 45.00 | $303,361 | $0 | $14,889 | Yes (X) | |||
| BRAD EDWARDS | ||||||||
| DIRECTOR, GENERATION RESOU | 52.00 | $240,831 | $0 | $79,472 | Yes (X) | |||
| KEN THORP | ||||||||
| PLANT SUPERINTENDENT | 50.00 | $186,793 | $0 | $2,901 | Yes (X) | |||
| ROGER SMITH | ||||||||
| DIRECTOR OF WHOLESALE SERVICES | 45.00 | $172,677 | $0 | $107,593 | Yes (X) | |||
| CHARLES STUART | ||||||||
| PLANT SUPERINTENDENT | 42.00 | $154,890 | $0 | $54,858 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,701,127 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $911,635 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 36 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GULF EQUIPMENT CORP | |||||
| 5540 BUSINESS PARKWAY | THEODORE | AL | 36582 | MICROWAVE COMM. NETWORK | $8,209,264 |
| BURNS AND MCDONNELL ENGINEERING | |||||
| 9400 WARD PARKWAY | KANSAS CITY | MO | 64114 | ENGINEERING & CAP. PROJ. MGT | $4,674,174 |
| GENERAL ELECTRIC | |||||
| 4200 WILDWOOD PARKWAY | ATLANTA | GA | 30339 | GENERATING PLANT PARTS & MAINTENANCE | $3,464,185 |
| HARPER ELECTRIC CONSTRUCTION | |||||
| 909 BY PASS WEST | ANDALUSIA | AL | 36420 | TRANSMISSION LINE CONST. | $3,134,399 |
| SIEMENS ENERGY | |||||
| 4400 ALAFAYA TRAIL | ORLANDO | FL | 32826 | GENERATING PLANT PARTS & MAINTENANCE | $2,298,201 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 74 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| REVENUE FROM MEMEBERS | 221000 | $781,597,430 | $781,597,430 |
| REVENUE FROM NON-MEMBERS | 221000 | $20,369,281 | $20,369,281 |
| PROGRAM RELATED INVESTMENTS | 221000 | $9,030,219 | $9,030,219 |
| BYPRODUCT SALES & ROYALTIES | 221000 | $178,168 | $178,168 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $811,175,098 | TotalProgramServiceRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $57,070 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $8,018 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $49,052 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $49,052 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $49,052 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $811,224,150 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $811,224,150 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,500 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,292,000 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,078,992 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,428,123 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,966,624 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,996,745 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,611,630 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,092 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,293 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,930 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,631 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,650 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,601,242 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $538,860 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $447,507 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,649,116 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,268,247 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,090,378 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCH. POWER FOR RESALE | $370,264,441 |
| COAL, NAT. GAS, NUCLEAR | $165,520,125 |
| GENERATION PLANT OPERAT | $37,934,115 |
| TRANSMISSION SYS. OPERA | $28,180,278 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,426,631 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $811,224,150 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,479,282 | BOYAmt |
| EOY | $18,155,166 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,684,384 | BOYAmt |
| EOY | $1,428,748 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,512,604 | BOYAmt |
| EOY | $72,204,389 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,205,836 | BOYAmt |
| EOY | $94,391,835 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,598,245 | BOYAmt |
| EOY | $60,740,092 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,235,532,697 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $818,289,518 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,415,588,771 | BOYAmt |
| EOY | $1,417,243,179 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,696,338 | BOYAmt |
| EOY | $250,514,051 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,933 | BOYAmt |
| EOY | $109,958 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,893,954,393 | BOYAmt |
| EOY | $1,914,787,418 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,209,945 | BOYAmt |
| EOY | $69,780,101 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,125,000 | BOYAmt |
| EOY | $46,215,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $856,839,441 | BOYAmt |
| EOY | $928,911,607 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $451,562,000 | BOYAmt |
| EOY | $350,523,897 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,979,639 | BOYAmt |
| EOY | $206,826,445 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,613,716,025 | BOYAmt |
| EOY | $1,602,257,050 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,238,368 | BOYAmt |
| EOY | $312,530,368 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,238,368 | BOYAmt |
| EOY | $312,530,368 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,893,954,393 | BOYAmt |
| EOY | $1,914,787,418 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $32,292,000 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,564,660 | OtherCostOrOtherBasisAmt |
| Book Value | $36,564,660 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $298,049,683 | OtherCostOrOtherBasisAmt |
| Depreciation | $157,901,842 | DepreciationAmt |
| Book Value | $140,147,841 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,398,711 | OtherCostOrOtherBasisAmt |
| Depreciation | $928,547 | DepreciationAmt |
| Book Value | $470,164 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,721,954,148 | OtherCostOrOtherBasisAmt |
| Depreciation | $588,963,240 | DepreciationAmt |
| Book Value | $1,132,990,908 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $177,565,495 | OtherCostOrOtherBasisAmt |
| Depreciation | $70,495,889 | DepreciationAmt |
| Book Value | $107,069,606 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,417,243,179 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MISSISSIPPI POWER CO. KEMPER PROJECT DEPOSIT | $179,071,221 | C |
| CAPITAL STOCK | $1,426,162 | C |
| CAPITAL TERM CERTIFICATES | $6,248,939 | C |
| ECONOMIC DEVELOP.PROJECTS | $2,726,071 | C |
| DEBT SERVICE RESERVE FUND | $4,849,380 | C |
| NUCLEAR DECOMMISS. TRUST | $52,450,655 | F |
| OTHER | $3,741,623 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $250,514,051 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (13 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFINED MEDICAL PLAN FOR RETIREES | $7,751,800 |
| NUCLEAR DECOMMISS. OBLIGATION (ARO) | $68,461,893 |
| DEFERRED CREDITS GAS HEDGES | $6,249,750 |
| DEFERRED CREDITS POWER COST ADJUSTMENT | $12,641,916 |
| DEFERRED CREDIT CAPITAL LEASE DISSOLVED | $1,276,100 |
| DEFERRED CREDIT ECONOMIC DEVELOPMENT GRANTS | $3,772,270 |
| DEFERRED CREDIT CLEAN AIR ALLOWANCES UTILIZED | $546,309 |
| POWER SUPPLY DEVELOPMENT FUND | $25,000,000 |
| DEFERRED CREDIT MEDICAL INSURANCE CONTRIBUTIONS | $2,341,883 |
| DEFERRED INTEREST INCOME-MISSISSIPPI POWER COMPANY KEMPER PROJECT DEPOSIT | $17,166,000 |
| MEMBER ENERGY PREPAYMENTS | $54,167,491 |
| UNREALIZED GAIN NUCLEAR DECOMMISSIONING TRUST | $7,427,941 |
| UNREALIZED LOSS FINANCIAL TRANSMISSION RIGHTS | $23,092 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $206,826,445 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $802,144,879 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $802,144,879 | RevenueSubtotalAmt |
| Other Revenues Not Included | $9,079,271 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $9,079,271 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $811,224,150 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $769,852,879 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $769,852,879 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $41,371,271 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $41,371,271 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $811,224,150 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INCLUDED ON SUPPLEMENTAL INFORMATION |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INCLUDED ON SUPPLEMENTAL INFORMATION |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B: | $49,052 NET GAIN ON DISPOSITION OF ASSETS INCLUDED AS REVENUE ON FORM 990. THIS GAIN IS REFLECTED AS A "CONTRA EXPENSE" IN AUDITED FINANCIALS. INTEREST INCOME & PATRONAGE CAPITAL OF $9,030,219 IS INCLUDED AS REVENUE ON FORM 990. THE AMOUNT IS SHOWN AS A SEPARATE LINE ITEM IN THE AUDITED FINANCIALS BELOW THE OPERATING MARGIN SECTION. |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B: | $49,052 NET GAIN ON DISPOSITION OF ASSETS INCLUDED AS REVENUE ON FORM 990. THIS GAIN IS REFLECTED AS A "CONTRA EXPENSE" IN AUDITED FINANCIALS. INTEREST INCOME & PATRONAGE CAPITAL OF $9,030,219 IS INCLUDED AS REVENUE ON FORM 990. THE AMOUNT IS SHOWN AS A SEPARATE LINE IN THE AUDITED FINANCIALS BELOW THE OPERATING MARGIN SECTION EFFECTIVELY REDUCING EXPENSES. 2013 NET MARGIN OF $32,292,000 IS REFLECTED AS EXPENSE ON THE FORM 990 SINCE THE MARGIN IS ALLOCATED TO THE 11 MEMBERS AS PATRONAGE CAPITAL, THOUGH NO PAYMENT WAS MADE TO THE MEMBERS IN 2013 FOR THIS ALLOCATED PATRONAGE CAPITAL. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| UNIV OF AL HUNTSVILLE FOUNDATION | |||||||
| 301 SPARKMAN DR | HUNTSVILLE | AL | 35899 | 646048099 | 501(C)(3) | $57,500 | RESEARCH & SCIENCE |
| EPA OF MS AAL | |||||||
| PO BOX 3300 | RIDGELAND | MS | 39158 | 640200697 | 501(C)(6) | $5,000 | COBANK MATCHING GRANT |
| EPA OF MS AAL | |||||||
| PO BOX 3300 | RIDGELAND | MS | 39158 | 640200697 | 501(C)(6) | $5,000 | HATTIESBURG TORNADO RELIEF |
| COMPETITIVE EDGE | |||||||
| 1 CONVENTION CENTER PLAZA | HATTIESBURG | MS | 39401 | 205162135 | 501(C)(3) | $10,000 | ECONOMIC DEVELOPMENT |
| AREA DEVELOPMENT PARTNERSHIP | |||||||
| PO BOX 751 | HATTIESBURG | MS | 39043 | 640219645 | 501(C)(12) | $10,000 | MEGASITE - ECONOMIC DEVELOPMENT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION BOARD OF DIRECTORS EVALUATES REQUESTS, SUBSEQUENT TO SCREENING BY MEMBER SYSTEM BOARD OF DIRECTORS, FOR PROJECTS THAT WILL ENHANCE OR STIMULATE ECONOMIC GROWTH IN MEMBER SYSTEM AREAS. THE SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION BOARD APPROVES THESE REQUESTS PRIOR TO DISBURSEMENT. |
| PART II - ITEM 5: | SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION ISSUED PAYMENT TO PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION, A MEMBER DISTRIBUTION COOPERATIVE. PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION IN TURN ISSUED PAYMENT TO THE ENTITIES DENOTED IN COLUMN 1(A). EIN, ADDRESS, AND IRC SECTION REPORTED IN PART II ARE THOSE FOR PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES COMPTON | ||||||||||||||
| GENERAL MANAGER/CEO | $555,699 | $0 | $62,204 | $0 | $2,401 | $0 | $96,131 | $0 | $15,172 | $0 | $731,607 | $0 | $0 | $0 |
| RAYMOND HALEY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $310,372 | $0 | $11,131 | $0 | $4,365 | $0 | $84,218 | $0 | $14,066 | $0 | $424,152 | $0 | $0 | $0 |
| MARCUS WARE | ||||||||||||||
| ASST. GENERAL MANAGER | $327,973 | $0 | $11,132 | $0 | $1,025 | $0 | $90,948 | $0 | $14,846 | $0 | $445,924 | $0 | $0 | $0 |
| NATHAN BROWN | ||||||||||||||
| CHIEF OPERATING OFFICER | $330,532 | $0 | $11,923 | $0 | $3,851 | $0 | $95,267 | $0 | $14,273 | $0 | $455,846 | $0 | $0 | $0 |
| TERRY LEE | ||||||||||||||
| CHIEF ENGIN OFFICER/ASST GEN'L MGR | $237,825 | $0 | $8,422 | $0 | $4,555 | $0 | $144,628 | $0 | $13,458 | $0 | $408,888 | $0 | $0 | $0 |
| BRAD WOLFE | ||||||||||||||
| CHIEF POWER DELIVERY OFFICER | $212,744 | $0 | $7,908 | $0 | $3,313 | $0 | $55,542 | $0 | $13,373 | $0 | $292,880 | $0 | $0 | $0 |
| JEFF BOWMAN | ||||||||||||||
| CHIEF LEGAL & COMMUNICATIONS OFFICER | $285,311 | $0 | $10,920 | $0 | $7,130 | $0 | $0 | $0 | $14,889 | $0 | $318,250 | $0 | $0 | $0 |
| BRAD EDWARDS | ||||||||||||||
| DIRECTOR, GENERATION RESOU | $217,206 | $0 | $18,417 | $0 | $5,208 | $0 | $65,665 | $0 | $13,807 | $0 | $320,303 | $0 | $0 | $0 |
| KEN THORP | ||||||||||||||
| PLANT SUPERINTENDENT | $171,162 | $0 | $13,419 | $0 | $2,212 | $0 | $0 | $0 | $2,901 | $0 | $189,694 | $0 | $0 | $0 |
| ROGER SMITH | ||||||||||||||
| DIRECTOR OF WHOLESALE SERVICES | $163,796 | $0 | $5,118 | $0 | $3,763 | $0 | $94,737 | $0 | $12,856 | $0 | $280,270 | $0 | $0 | $0 |
| CHARLES STUART | ||||||||||||||
| PLANT SUPERINTENDENT | $148,766 | $0 | $4,591 | $0 | $1,533 | $0 | $42,277 | $0 | $12,581 | $0 | $209,748 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE BOARD OF DIRECTORS OF SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION CONSISTS OF 2 DIRECTORS FROM EACH OF THE 11 MEMBER NONPROFIT DISTRIBUTION COOPERATIVES THAT OWN SOUTH MISSISSIPPI ELECTRIC POWER FOR A TOTAL OF 22 DIRECTORS. ONE OF 2 DIRECTORS SERVING ON SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION'S BOARD OF DIRECTORS IS THE GENERAL MANAGER OF THE MEMBER COOPERATIVE AND THE OTHER IS A DIRECTOR SERVING ON THE BOARD OF DIRECTORS OF THE MEMBER COOPERATIVE. THUS THE GENERAL MANAGER AND DIRECTOR FROM EACH MEMBER COOPERATIVE HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER WHILE SERVING AS DIRECTORS FOR SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 6 | SEE RESPONSE TO PART VI SECTION A QUESTION 2 ABOVE. |
| FORM 990, PART VI, SECTION A, LINE 7A | SEE RESPONSE TO PART VI SECTION A QUESTION 2 ABOVE. |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE 2013 FORM 990 WAS REVIEWED WITH THE AUDIT COMMITTEE AND REPORTED TO THE BOARD OF DIRECTORS. ON THE AUDIT COMMITTEE'S RECOMMENDATION, THE BOARD AUTHORIZED THE EXECUTION AND FILING OF THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY ENFORCEMENT - DIRECTORS, OFFICERS, AND KEY EMPLOYEES ANNUALLY COMPLETE, AND SIGN, A QUESTIONNAIRE RELATIVE TO INDEPENDENCE, BUSINESS RELATIONSHIPS, ETC. |
| FORM 990, PART VI, SECTION B, LINE 15 | A SALARY SURVEY WAS CONDUCTED IN 2012 BY AN INDEPENDENT ENTITY. FIVE SIMILARLY SIZED GENERATION AND TRANSMISSION COOPERATIVES WERE SURVEYED. THE FOLLOWING POSITIONS WERE SURVEYED: GENERAL MANAGER/CEO, ASSISTANT GENERAL MANAGER, CHIEF ENGINEERING OFFICER, CHIEF FINANCIAL OFFICER, CHIEF OF TRANSMISSION, AND CHIEF OPERATING OFFICER. THE BOARD OF DIRECTORS WAS PROVIDED THE SALARY SURVEY RESULTS. THE BOARD DETERMINES THE SALARY FOR THE GENERAL MANAGER/CEO. THE GENERAL MANAGER/CEO UTILIZED THE SURVEY FOR KEY EMPLOYEES. ADDITIONALLY, THE GENERAL MANAGER/CEO ADVISES THE BOARD OF AVERAGE ANNUAL SALARY INCREASE AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. APPROVAL OF THE ANNUAL BUDGET IS DOCUMENTED IN BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | RECEPTIONISTS HAVE BEEN INFORMED THAT THE FORM 990 WILL BE MADE AVAILABLE. A FORM IS UTILIZED FOR PARTIES REQUESTING A COPY OF THE FORM 990. THIS FORM ADVISES REQUESTING PARTIES THAT PHOTOCOPIES WILL BE MADE AVAILABLE UPON RECEIPT OF COPYING FEES (ALSO SPECIFIED IN THE REQUEST FORM). FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | OTHER CHANGES IN NET ASSETS 32,292,000. |
| PART XII, LINE 2C | THERE WERE NO CHANGES IN THESE PROCESS FOR THE 2013 TAX YEAR |
| FORM 990, PART XI, LINE 9 - OTHER CHANGE IN ASSET OR FUND BALANCE | EXCESS OF REVENUES OVER EXPENSES, OR NET MARGIN, IS ALLOCATED TO THE 11 MEMBER COOPERATIVES BASED ON SALES. THIS IS ONLY AN ALLOCATION OF PATRONAGE CAPITAL. NO ACTUAL PAYMENT IS MADE TO THE MEMBERS. THIS ALLOCATION OF PATRONAGE CAPITAL IS SHOWN AS A FUNCTIONAL EXPENSE IN PART IX, NUMBER 4, PER FORM 990 INSTRUCTIONS EFFECTIVE FOR 2012 REPORTING. SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION DOES NOT INCLUDE THIS ALLOCATION OF PATRONAGE CAPITAL AS AN EXPENSE FOR FINANCIAL REPORTING. |