2014-11-17T13:03:22-06:00 2013-12-31 201941244 HORNE LLP 1020 HIGHLAND COLONY PKWY STE 400 RIDGELAND MS 39157 990 2013-01-01 640243969 SOUTHERN PINE ELECTRIC POWER ASSOCIATION SOUT 6017856511 P O BOX 60 TAYLORSVILLE MS 391680060 DONALD L JORDAN GENERAL MANAGER 6017856511 2014-11-17 1 AMIE T WHITTINGTON CPA P01082167 6013261000 2014-11-14 2013 2015-11-30 17:44:51Z DONALD L JORDAN P O BOX 60 TAYLORSVILLE MS 391680060 223733547 0 X WWW.SPEPA.COM X 1938 MS THE ASSOCIATION WAS ORGANIZED TO PROVIDE ELECTRICITY TO RURAL AND REMOTELY LOCATED MEMBERS WHO COULD NOT OTHERWISE OBTAIN ELECTRIC SERVICE. THIS HAS BEEN DONE OVER THE YEARS ON A SUCCESSFUL BASIS AND THE ASSOCIATION CONTINUES TO ACCOMPLISH THE PURPOSE FOR WHICH IT WAS ORGANIZED, PROVIDING ELECTRICITY TO A GROWING NUMBER OF SUCH MEMBERS. 12 12 273 0 0 0 0 0 220065441 222778027 970719 948124 2947 -491 221039107 223725660 71739 67551 0 0 4571041 6026265 0 0 0 193173712 195997980 197816492 202091796 23222615 21633864 374069782 406163879 152062084 166320522 222007698 239843357 THE AIM OF SOUTHERN PINE ELECTRIC POWER ASSOCIATION IS TO MAKE RELIABLE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 0 0 THE ASSOCIATION PROVIDED 2,076,048,454 KWH OF ELECTRICITY TO AN AVERAGE OF 67,720 HOMES, BUSINESSES AND OTHER FACILITIES OVER 10,203 MILES OF LINE DURING THE TWELVE MONTHS ENDED 12/31/2013. 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 273 1 0 0 0 0 0 0 0 215368520 8365026 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANN SUSAN HAMM 6017856511 110 RISHER STREET TAYLORSVILLE MS 391685555 MIMS BERRY DIRECTOR 26.00 X 49633 0 7209 CHARLES LOWE DIRECTOR 29.00 X 55157 0 8539 HASKINS MONTGOMERY DIRECTOR 22.00 X 41358 0 4941 BILLY R PARISH DIRECTOR 25.00 X 47067 0 7209 LONNIE THIGPEN DIRECTOR 18.00 X 34683 0 0 DAVID TADLOCK DIRECTOR 22.00 X 42238 0 8539 CHARLES WALDRUP DIRECTOR 25.00 X 47380 0 4941 BILLY M BERRY PRESIDENT 29.00 X X 56573 0 4941 RICHARD THOMS SECRETARY 24.00 X X 45454 0 4941 MARCUS MARTIN VICE-PRESIDENT 26.00 X X 50432 0 4941 JEFF BOWMAN DIRECTOR 25.00 X 47298 0 0 GREG SULLIVAN DIRECTOR 25.00 X 48781 0 7209 DONALD L JORDAN GENERAL MANAGER/CEO 60.00 X 438095 0 64233 JASON SIEGFRIED ASSISTANT GENERAL MANAGER 40.00 X 131504 0 41684 JIMMY JORDAN MANAGER: SYSTEM ENGINEERING 40.00 X 125680 0 31928 CHARLIE ROBINSON DISTRICT MANAGER 40.00 X 121587 0 36044 ANN HAMM COMPTROLLER/OFFICE MANAGER 40.00 X 120230 0 30607 LARRY ROBINSON MANGER: KEY ACCTS/LARGE POWER 40.00 X 118831 0 36056 1621981 0 303962 8 0 1 0 AUBREY SILVEY ENTERPRISES INC 371 HAMP JONES RD CARROLLTON GA 30117 SUBSTATION CONSTRUCTION 1619065 CARSON LINE SERVICE INC 172 LOWER MYRICK RD LAUREL MS 39443 RIGHT-OF-WAY CLEARING 1386190 MDR CONSTRUCTION INC 53 OGDEN CENTER RD SPENCERPORT NY 14559 POWER LINE CONSTRUCTION 1161373 BUSH CONTRUCTION CO INC 1987 BUSH DAIRY RD LAUREL MS 39443 ROW TRIMMING/SPRAYING 611570 W A KENDALL & COMPANY PO BOX 831 LAWRENCEVILLE GA 30046 RIGHT-OF-WAY CLEARING 345102 8 SALE OF ELECTRICITY 221000 215368520 215368520 G & T CAPITAL CREDITS & MISC 221000 7404840 7404840 MISCELLANEOUS REVENUE 221000 4667 4667 222778027 585862 585862 367558 5296 362262 362262 362262 2100 2591 -491 -491 223725660 215373187 0 8352473 67551 1004149 4245229 776887 371939 253240 1289940 5716023 10021570 PURCHASED POWER 159085133 DISTRIBUTION MAINTENANC 8909132 CONSUMER ACCOUNTS EXPEN 3864371 DISTRIBUTION OPERATIONS 3430388 3056244 202091796 3055807 1461838 23099000 24126000 23483879 25935549 5477404 6487845 396337 1190578 347053667 98985396 245448576 248068271 63213603 71104658 9895176 27789140 374069782 406163879 26563610 26336273 3270 3270 125495204 139980979 152062084 166320522 X 332445 333550 153165 153165 221522088 239356642 222007698 239843357 374069782 406163879 X 21633864 -3798205 X X 0 1 X 1 0 443565 443565 9866883 2817817 7049066 19872932 5675328 14197604 316870287 90492251 226378036 248068271 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 69604288 C VARIOUS OTHER SECURITIES 1500370 F 71104658 DEFERRED CHARGES 7548431 CONSTRUCTION WORK IN PROGRESS 20240709 27789140 X 223726151 0 223726151 -491 -491 223725660 202092287 0 202092287 -491 -491 202091796 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER THE UNITED STATES INTERNAL REVENUE CODE SECTION 501(C)(12), AS LONG AS 85 PERCENT OR MORE OF THE INCOME CONSISTS OF AMOUNTS COLLECTED FROM MEMBERS FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES. DURING FISCAL YEARS 2013 AND 2012, THE ASSOCIATION WAS NOT REQUIRED TO PAY INCOME TAXES. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2013 AND 2012. TAX PERIODS FOR ALL FISCAL YEARS AFTER 2009 REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE ASSOCIATION IS SUBJECT. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE NETTED WITH EXPENSES ON FINANCIAL STATEMENTS -491. PART XII, LINE 4B - OTHER ADJUSTMENTS: REVENUE NETTED WITH EXPENSES ON FINANCIAL STATEMENTS -491. 1 MID-MISSISSIPPI DEVELOPMENT DISTRICT PO BOX 119 NEWTON MS 39345 GOVT 5000 SUPPORT OF ORGANIZATION'S ACTIVITIES EPA FOUNDATION PO BOX 3300 RIDGELAND MS 39157 501(C)(3) 5000 CHARITABLE SUPPORT MS FIREFIGHTERS MEMORIAL BURN ASSOCIATION 161 PINE RIDGE CIRCLE BRANDON MS 39153 640592734 501(C)(3) 16503 CHARITABLE SUPPORT SMITH COUNTY ECONOMIC DEVELOPMENT PO BOX 275 RALEIGH MS 39153 GOVT 9386 SUPPORT OF ORGANIZATION'S ACTIVITIES 4 0 PART I, LINE 2: GRANTS ARE GIVEN TO GOVERNMENTAL AND TAX EXEMPT ENTITIES, ONLY. X X 0 0 0 DONALD L JORDAN GENERAL MANAGER/CEO 316608 0 0 0 121487 0 53208 0 11025 0 502328 0 0 0 JASON SIEGFRIED ASSISTANT GENERAL MANAGER 131504 0 0 0 0 0 27712 0 13972 0 173188 0 0 0 JIMMY JORDAN MANAGER: SYSTEM ENGINEERING 125680 0 0 0 0 0 26604 0 5324 0 157608 0 0 0 CHARLIE ROBINSON DISTRICT MANAGER 121587 0 0 0 0 0 25368 0 10676 0 157631 0 0 0 ANN HAMM COMPTROLLER/OFFICE MANAGER 120230 0 0 0 0 0 25298 0 5309 0 150837 0 0 0 LARRY ROBINSON MANGER: KEY ACCTS/LARGE POWER 118831 0 0 0 0 0 25077 0 10979 0 154887 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE NO SEPARATE CLASSES OF MEMBERS AND EACH MEMBER IS ENTITLED TO CAST ONE VOTE IN THE ELECTION OF BOARD MEMBERS OR ANY OTHER MATTERS THAT MAY BE BROUGHT BEFORE THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THERE ARE NO SEPARATE CLASSES OF MEMBERS AND EACH MEMBER IS ENTITLED TO CAST ONE VOTE IN THE ELECTION OF BOARD MEMBERS OR ANY OTHER MATTERS THAT MAY BE BROUGHT BEFORE THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THERE ARE NO SEPARATE CLASSES OF MEMBERS AND EACH MEMBER IS ENTITLED TO CAST ONE VOTE IN THE ELECTION OF BOARD MEMBERS OR ANY OTHER MATTERS THAT MAY BE BROUGHT BEFORE THE MEMBERSHIP. ASSOCIATION MEMBERS MUST APPROVE ANY DISPOSITION OF ASSETS IN AN AMOUNT GREATER THAN TEN PERCENT (10%) OF THE VALUE OF THE ASSOCIATION AND ANY OTHER ITEMS OUTLINED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS OF SOUTHERN PINE EPA. THE GENERAL MANAGER DISCUSSES THE FORM WITH THE BOARD AT A REGULAR BOARD MEETING. THE 2013 FORM 990 WILL BE PRESENTED TO THE BOARD AT THE NOVEMBER 2014 MEETING AT WHICH TIME IT WILL BE DISCUSSED IN DETAIL. FORM 990, PART VI, SECTION B, LINE 12C THE GENERAL MANAGER REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD OF DIRECTORS TO INSURE COMPLIANCE. THIS IS DONE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS USING COMPENSATION STUDIES PREPARED BY INDEPENDENT CONSULTANTS. THE CEO DETERMINES THE COMPENSATION OF OTHER EMPLOYEES UTILIZING THE SAME STUDIES AS ABOVE. FORM 990, PART VI, SECTION C, LINE 19 ANY AND ALL DOCUMENTS, POLICIES, MINUTES, AND OTHER RECORDS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST DURING NORMAL BUSINESS HOURS AT THE OFFICE OF THE ASSOCIATION. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -3,799,310. CHANGE IN MEMBERSHIP EQUITIES 1,105. FORM 990, PART XII, LINE 2C SOUTHERN PINE ELECTRIC POWER ASSOCIATION DOES HAVE AN AUDIT COMMITTEE THAT OVERSEES THE AUDIT PROCESS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.