SOUTHERN PINE ELECTRIC COOPERATIVE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHERN PINE ELECTRIC COOPERATIVE (EIN 64-0243969)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-14
- IRS object ID
- 201313189349301026
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-11-14T08:18:28-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201941244 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HORNE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1020 HIGHLAND COLONY PKWY STE 400 | AddressLine1 |
| City | RIDGELAND | City |
| State | MS | State |
| ZIP Code | 39157 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640243969 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHERN PINE ELECTRIC POWER ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOUT | NameControl |
| Phone | 6017856455 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 60 | AddressLine1 |
| City | TAYLORSVILLE | City |
| State | MS | State |
| ZIP Code | 391680060 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONALD L JORDAN | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 6017856455 | Phone |
| Date Signed | 2013-09-30 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | AMIE T WHITTINGTON CPA | Name |
| PTIN | P01082167 | PTIN |
| Phone | 6013261000 | Phone |
| Date Prepared | 2013-09-30 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DONALD L JORDAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 60 | AddressLine1 |
| City | TAYLORSVILLE | City |
| State | MS | State |
| ZIP Code | 391680060 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 221047259 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.SPEPA.COM | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | MS | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 287 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 215245328 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 220065441 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 883357 | InvestmentIncomePriorYear |
| Investment Income Current Year | 970719 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1562 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2947 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 216130247 | TotalRevenuePriorYear |
| Total Revenue Current Year | 221039107 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 71739 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4226810 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4571041 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 192691627 | OtherExpensePriorYear |
| Other Expenses Current Year | 193173712 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 196918437 | TotalExpensesPriorYear |
| Total Expenses Current Year | 197816492 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 19211810 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 23222615 | RevenuesLessExpensesCY |
| Total Assets BOY | 336369240 | TotalAssetsBOY |
| Total Assets EOY | 374069782 | TotalAssetsEOY |
| Total Liabilities BOY | 133713494 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 152062084 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 202655746 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 222007698 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE ASSOCIATION PROVIDED 1,959,063,832 KWH OF ELECTRICITY TO AN AVERAGE OF 65,473 HOMES, BUSINESSES AND OTHER FACILITIES OVER 10,171 MILES OF LINE DURING THE TWELVE MONTHS ENDED 12/31/2012. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 44 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 287 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Gross Income From Members | 210750610 | GrossIncomeFromMembers |
| Gross Income Other Sources | 10288497 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN SUSAN HAMM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6017856511 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 RISHER STREET | AddressLine1 |
| City | TAYLORSVILLE | City |
| State | MS | State |
| ZIP Code | 391685555 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MIMS BERRY | ||||||
| DIRECTOR | 21.00 | X | 40106 | 0 | 8034 | |
| CHARLES LOWE | ||||||
| DIRECTOR | 22.00 | X | 41413 | 0 | 9523 | |
| HASKINS MONTGOMERY | ||||||
| DIRECTOR | 18.00 | X | 33848 | 0 | 5486 | |
| BILLY R PARISH | ||||||
| DIRECTOR | 17.00 | X | 33431 | 0 | 8034 | |
| LONNIE THIGPEN | ||||||
| DIRECTOR | 16.00 | X | 30520 | 0 | 0 | |
| DAVID TADLOCK | ||||||
| DIRECTOR | 13.00 | X | 25132 | 0 | 9523 | |
| CHARLES WALDRUP | ||||||
| DIRECTOR | 20.00 | X | 38890 | 0 | 5486 | |
| BILLY M BERRY | ||||||
| PRESIDENT | 21.00 | X | 39975 | 0 | 7185 | X |
| RICHARD THOMS | ||||||
| SECRETARY | 21.00 | X | 40614 | 0 | 5486 | X |
| MARCUS MARTIN | ||||||
| VICE-PRESIDENT | 18.00 | X | 35099 | 0 | 5486 | X |
| JEFF BOWMAN | ||||||
| DIRECTOR | 23.00 | X | 44084 | 0 | 0 | |
| GREG SULLIVAN | ||||||
| DIRECTOR | 20.00 | X | 38485 | 0 | 8034 | |
| DONALD L JORDAN | ||||||
| GENERAL MANAGER/CEO | 60.00 | 270212 | 0 | 50887 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 711809 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 123164 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CARSON LINE SERVICE INC | |||||
| 172 LOWER MYRICK RD | LAUREL | MS | 39443 | RIGHT-OF-WAY CLEARING | 1428450 |
| MDR CONSTRUCTION INC | |||||
| 53 OGDEN CENTER RD | SPENCERPORT | NY | 14559 | UTILITY LINE CONSTRUCTION | 913230 |
| BUSH CONTRUCTION CO INC | |||||
| 1987 BUSH DAIRY RD | LAUREL | MS | 39443 | RIGHT-OF-WAY CLEARING | 831918 |
| W A KENDALL & COMPANY | |||||
| PO BOX 831 | LAWRENCEVILLE | GA | 30046 | ROW CLEARING/SPRAYING | 612840 |
| ASPLUNDH TREE EXPERT CO | |||||
| 708 BLAIR MILL RD | WILLOW GROVE | PA | 19090 | RIGHT-OF-WAY CLEARING | 295804 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | 210750610 | 210750610 | |
| G & T CAPITAL CREDITS & MISC | 221000 | 9310034 | $9,310,034 | |
| MISCELLANEOUS REVENUE | 221000 | 4797 | 4797 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 220065441 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 856272 | TotalRevenueColumn |
| Exclusion | $856,272 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 122599 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 8152 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 114447 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 114447 | TotalRevenueColumn |
| Exclusion | $114,447 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2947 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2947 | TotalRevenueColumn |
| Exclusion | $2,947 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 221039107 | TotalRevenueColumn |
| Related Or Exempt Function Income | 210755407 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $10,283,700 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71739 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 711809 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3818305 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40927 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 279812 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208372 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1092894 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5909997 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9556252 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PURCHASED POWER | 155146916 |
| DISTRIBUTION MAINTENANC | 9731572 |
| CONSUMER ACCOUNTS EXPEN | 3884257 |
| DISTRIBUTION OPERATIONS | 3387243 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3976397 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 197816492 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2464549 | BOY |
| EOY | 3055807 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4119000 | BOY |
| EOY | 23099000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23273505 | BOY |
| EOY | 23483879 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5195008 | BOY |
| EOY | 5477404 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3156157 | BOY |
| EOY | 396337 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 337763222 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 92314646 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 238374652 | BOY |
| EOY | 245448576 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54355665 | BOY |
| EOY | 63213603 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5430704 | BOY |
| EOY | 9895176 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 336369240 | BOY |
| EOY | 374069782 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9478111 | BOY |
| EOY | 26563610 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3270 | BOY |
| EOY | 3270 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124232113 | BOY |
| EOY | 125495204 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133713494 | BOY |
| EOY | 152062084 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 332160 | BOY |
| EOY | 332445 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 153165 | BOY |
| EOY | 153165 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202170421 | BOY |
| EOY | 221522088 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202655746 | BOY |
| EOY | 222007698 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 336369240 | BOY |
| EOY | 374069782 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 23222615 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3870663 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 448565 | OtherCostOrOtherBasis |
| Book Value | 448565 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9838516 | OtherCostOrOtherBasis |
| Depreciation | 2692541 | Depreciation |
| Book Value | 7145975 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19063268 | OtherCostOrOtherBasis |
| Depreciation | 5217162 | Depreciation |
| Book Value | 13846106 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 308412873 | OtherCostOrOtherBasis |
| Depreciation | 84404943 | Depreciation |
| Book Value | 224007930 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 245448576 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENTS IN ASSOCIATED ORGANIZATIONS | 62670158 | C |
| VARIOUS OTHER SECURITIES | 543445 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 63213603 | TotalOfBookValueSecurities |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 221036160 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 221036160 | RevenueSubtotal |
| Other Revenues Not Included | 2947 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2947 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 221039107 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 197813545 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 197813545 | ExpensesSubtotal |
| Other Expenses Not Included | 2947 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2947 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 197816492 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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 2012 AND 2011, THE ASSOCIATION WAS NOT REQUIRED TO PAY INCOME TAXES. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2012 AND 2011. TAX PERIODS FOR ALL FISCAL YEARS AFTER 2008 REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE ASSOCIATION IS SUBJECT. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2012 AND 2011. TAX PERIODS FOR ALL FISCAL YEARS AFTER 2007 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 2,947. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | REVENUE NETTED WITH EXPENSES ON FINANCIAL STATEMENTS 2,947. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | EIN Of RecipientEINOfRecipient |
|---|---|---|---|---|---|---|---|
| MID-MISSISSIPPI DEVELOPMENT DISTRICT | |||||||
| PO BOX 119 | NEWTON | MS | 39345 | GOVT | 5000 | SUPPORT OF ORGANIZATION'S ACTIVITIES | |
| MISSISSIPPI BURN FOUNDATION | |||||||
| 161 PINE RIDGE CIRCLE | BRANDON | MS | 39047 | 501(C)(3) | 21188 | CHARITABLE SUPPORT | 640592734 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: GRANTS ARE GIVEN TO GOVERNMENTAL AND TAX EXEMPT ENTITIES, ONLY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DONALD L JORDAN | NamePerson |
| Title | GENERAL MANAGER/CEO | Title |
| Base Compensation Filing Org | 239444 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 30768 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 39796 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 11091 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 321099 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 2012 FORM 990 WILL BE PRESENTED TO THE BOARD AT THE OCTOBER 2013 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 -3,870,948. CHANGE IN MEMBERSHIP EQUITIES 285. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| 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. | AUDIT COMMITTEE |