2024-11-12T11:35:56-05:00 2024-06-30 990 2023-07-01 640225540 PRENTISS COUNTY ELECTRIC POWER ASSN % Robert Dodson PREN 6627284433 PO BOX 428 302 W CHURCH ST BOONEVILLE MS 388290428 Robert Dodson General Manager 2024-11-12 2023 2024-10-15 13:58:12Z Robert Dodson PO BOX 428 302 W Church St BOONEVILLE MS 388290428 41833004 false X X 1935 MS Providing retail sale of electricity and fiber internet service and the operating and maintaining of the system. 13 0 41 0 0 0 0 0 40519052 40363207 273079 312949 1144072 1156848 41936203 41833004 0 0 0 0 2929407 3183833 0 0 0 38197389 38452920 41126796 41636753 809407 196251 55022650 54998924 18681696 18437579 36340954 36561345 Retail sale of electricity and providing internet service to members. false false 28436609 0 0 Power Purchases 1637871 0 0 Salaries and wages charged directly to expense 2764100 0 0 Depreciation on buildings equipment and electrical plant for the year 957802 0 0 Distribution Expense 635225 0 0 Customer Account Expense 24016 0 0 Customer Service Expense 64848 0 0 Administrative & General Expense 4689781 0 0 Maintenance Expense 12904 0 0 Miscellaneous Expense 45528 0 0 Rent & Lease Expense 17918 0 0 Sales Expense 353980 0 0 Interest Expense 504013 0 0 Payroll Taxes & Other Taxes 498812 0 0 Pension Plan Benefits 385564 0 0 Other Employee Benefits 8190391 0 0 41028971 false false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false true false true true false true 20 0 41 true false false false false false false false 0 false false 40363207 1469797 false false false X 13 0 false false false false true true true true true false false false false false true true true false X X Robert Dodson 6627284433 P O Box 428 302 W Church St Booneville MS 38829 Dwain Brown President 1.00 0.00 X X 2000 0 0 Lane Smith Vice President 1.00 0.00 X X 2200 0 0 Janis Burns Secretary Treasurer 1.00 0.00 X X 2200 0 0 Danny Bishop Board Member 1.00 0.00 X 1800 0 0 Bill Caver Board Member 1.00 0.00 X 2200 0 0 Kay Crow Board Member 1.00 0.00 X 1200 0 0 Bud Davis Board Member 1.00 0.00 X 2200 0 0 Charles M Geno Board Member 1.00 0.00 X 2000 0 0 James A Huddleston Board Member 1.00 0.00 X 2400 0 0 Jim McCoy Board Member 1.00 0.00 X 1800 0 0 Robert McCoy Board Member 1.00 0.00 X 2200 0 0 Stewart Moore Board Member 1.00 0.00 X 1200 0 0 Brandon Nunley Board Member 1.00 0.00 X 600 0 0 Robert Dodson General Manager 50.00 0.00 X X 168255 0 0 Scotty Church Assistant Manager 45.00 0.00 X 159580 0 0 351835 0 0 9 false true false 2C ConstructionLLC 1226 Cnty Rd 6071 Baldwyn MS 38829 Right of Way Trimming 3319503 K B Communications LLC 152 Molly Walton Dr Hendersonville TN 37075 Fiber Installation 669679 Best Choice Lawn Care 8 Cnty Rd 6071 Baldwyn MS 38824 Brush Cutting Right of Way 525395 0 0 0 0 0 0 0 0 Electric Revenues 35300452 0 0 0 Broadband Revenues 5062755 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40363207 312949 0 0 0 0 0 0 0 0 0 0 0 1156848 0 0 0 1156848 0 1156848 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 41833004 0 0 0 0 0 0 0 0 0 0 0 399984 0 399984 0 0 0 0 0 1637871 1637871 0 0 498812 498812 0 0 385564 385564 0 0 261602 261602 0 0 0 0 0 0 1800 0 1800 0 31350 0 31350 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4219 0 4219 0 136084 0 136084 0 0 0 0 0 0 0 0 0 0 0 0 0 34345 0 34345 0 0 0 0 0 0 0 0 0 353980 353980 0 0 0 0 0 0 2764100 2764100 0 0 0 0 0 0 Power Purchased from TVA 28436609 28436609 0 0 Municipal Franchise Tax 202303 202303 0 0 MS Public Utilities Regulatory Tax 40108 40108 0 0 0 0 0 0 6448022 6448022 0 0 41636753 41028971 607782 0 0 0 0 0 1500 1500 8514991 3965824 0 0 3733328 4341031 0 0 0 0 0 0 930449 883670 3768192 6790467 72050493 33934812 37186671 38115681 0 0 0 0 0 0 0 0 887519 900751 55022650 54998924 5579516 5384456 0 0 0 0 0 0 0 0 0 0 8932743 8448184 0 0 4169437 4604939 18681696 18437579 X 773381 797521 0 0 35567573 35763824 36340954 36561345 55022650 54998924 X 196251 0 0 0 0 24140 X false true X true false 391584 391584 1395263 891358 503905 20868462 5963331 14905131 49395184 27080123 22315061 38115681 Advances from TVA - Heat Pump Program 864456 Customer Deposits 2370535 Other Current Liabilities 35048 Deferred Credits 407709 Accrued Taxes 149431 Accrued Interest 102198 Accrued Payroll 675562 4604939 41833004 0 41833004 0 41833004 41636753 0 41636753 0 41636753 false X X false false false Robert Dodson General Manager 145163 0 23092 0 0 0 0 0 0 0 168255 0 0 0 Scotty Church Assistant Manager 139313 0 20267 0 0 0 0 0 0 0 159580 0 0 0 Part VI, Line 6 Prentiss County Electric Power Association is a cooperative that provides electric and fiber internet telephone services to its members. All members are treated equally with regard to voting rights. Part VI, Line 7a All members receive a ballot annually to vote for the Board of Directors. Part VI, Line 7b All members vote annually for the Board of Directors. Part VI, Line 11a Presented copy of Form 990 to each board member at the regular monthly meeting prior to filing form and reviewed Form 990 at the meeting. Part VI, Line 15 The wage committee made up of three board members annually reviews comparable compensation for similarly qualified people in comparable positions at other electric utilities including the CEO. This committee reports findings and recommendations to the entire board for review and the final decision for wage rates for all employees. Part VI, Line 18 Form 990 is posted on the IRS website. Part VI, Line 19 Governing documents are posted on the company website www.pcepa.com. Financial statements are sent to members annually during the Board of Directors election. Governing documents and financial statements are also made available to organization members upon request. Part XI, Line 9 | Description:, Explanation:, Amount:| Increase in membership fees held by association, Increase in Memberships, $24140| Prentiss Electric Broadband LLC dba Prentiss Connect PO Box 428 302 W Church St Booneville MS 38829 850690691 Providing internet telephone service to members of the cooperative MS 1203355 1994828 Prentiss County Electric Power Association false false false false false false false false false true true false false true true false false false false Prentiss Electric Broadband dba Prentiss Connect J 21100 Lease of vehicle Prentiss Electric Broadband dba Prentiss Connect K 623595 Pole attachments Prentiss Electric Broadband dba Prentiss Connect K 2894150 Lease rate per customer served Prentiss Electric Broadband dba Prentiss Connect N 17500 Shared office warehouse space Prentiss Electric Broadband dba Prentiss Connect O 660517 Payroll for shared employees