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Nonprofit · EIN 64-0150802

EAST MISSISSIPPI ELECTRIC POWER

Tax-exempt · MERIDIAN, MS 39301

Financials

$95.9M$95.9M2022$105.4M$105.4M2023$101.6M$101.6M2024
Revenue Expenses · by fiscal year end
Financials of EAST MISSISSIPPI ELECTRIC POWER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$101,610,070$101,610,070$0$309,746,493$198,708,353$111,038,140
June 30, 2024990$105,410,429$105,410,429$0$305,424,835$201,450,801$103,974,034
June 30, 2023990$95,947,513$95,947,513$0$300,410,105$202,571,734$97,838,371
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$93,861,224
Investment income
$766,738
Net rental income
$4,201,873
Other revenue
$6,982,108

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$7,993,688
Compensation of officers, directors and key employees
$930,470
Other salaries and wages
$8,112,883
Salaries, compensation and benefits (total)
$15,846,041
Professional fundraising fees
$0
Legal fees
$52,603
Accounting fees
$38,571
Travel
$2,020
Depreciation
$9,360,581

Balance sheet and other

Total assets, start of year
$305,424,835
Total assets, end of year
$309,746,493
Total liabilities, end of year
$198,708,353
Net assets, end of year
$111,038,140
Land, buildings and equipment
$263,760,417
Publicly traded securities
$2,689,160
Gross unrelated business income
$393,123
Gross receipts
$110,678,752
Employees
152
Year formed
1938
State of legal domicile
MS

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RANDY CARROLLCHIEF EXECUT
Officer
30$283,689$0$93,155
KEVIN HEDGPETHDIRECTOR OF
Officer
29$222,379$0$73,899
PAT WILLIAMSDIR OF ENGIN
Key employee
36$232,609$0$61,208
BRENT MABRYDIR. OF SYST
Highest-paid employee
29$214,240$0$70,988
BRYCE NESTERDIR/ENERGY S
Highest-paid employee
40$213,843$0$68,278
GARY HUTCHERSONDIR. OF INFO
Highest-paid employee
40$191,064$0$65,284
SHERRY WALLACEDIRECTOR OF
Highest-paid employee
41$181,366$0$62,959
JULIE BOLESDIR. OF MART
Highest-paid employee
25$154,115$0$60,454
BILLY CLAYDIRECTOR
Trustee or director
6.2$12,979$0$25,320
MIKE FULLERDIRECTOR
Trustee or director
2.2$10,925$1,750$25,320
JERRY WEBBDIRECTOR
Trustee or director
4.1$11,884$0$25,320
CHES BREWERDIRECTOR
Trustee or director
4.9$11,226$0$25,320
DAVID SORRELSDIRECTOR
Trustee or director
5.3$12,733$1,750$12,231
CHESTER WILLISTREASURER
Trustee or director, Officer
2.5$13,144$0$11,961
MIKE KENNEDYPRESIDENT
Trustee or director, Officer
2.6$13,725$1,750$489
3 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LINDSEY KEENESECRETARY
Trustee or director, Officer
4.7$11,623$1,750$1,158
GLORIA WELCHVICE PRESIDE
Trustee or director, Officer
1.9$12,383$1,750$0
LARRY PACEDIRECTOR
Trustee or director
5.3$11,544$0$1,158
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RANDY CARROLLCHIEF EXECUT
Officer
30$294,856$0$86,813
KEVIN HEDGPETHDIRECTOR OF
Officer
29$209,247$0$68,453
PAT WILLIAMSDIR OF ENGIN
Key employee
36$213,834$0$57,357
BRENT MABRYDIR. OF SYST
Highest-paid employee
29$204,870$0$65,629
BRYCE NESTERDIR/ENERGY S
Highest-paid employee
40$190,160$0$63,117
GARY HUTCHERSONDIR. OF INFO
Highest-paid employee
40$173,158$0$57,647
SHERRY WALLACEDIRECTOR OF
Highest-paid employee
41$159,017$0$58,904
JULIE BOLESDIR. OF MART
Highest-paid employee
25$144,546$0$55,677
MIKE FULLERDIRECTOR
Trustee or director
1.8$11,325$3,500$22,284
BILLY CLAYDIRECTOR
Trustee or director
4.9$13,633$0$22,284
JERRY WEBBDIRECTOR
Trustee or director
3.1$12,102$0$22,284
CHES BREWERDIRECTOR
Trustee or director
5.5$11,610$0$22,284
DAVID SORRELSDIRECTOR
Trustee or director
4.7$15,129$3,500$10,519
CHESTER WILLISTREASURER
Trustee or director, Officer
2.8$13,334$0$10,519
LINDSEY KEENESECRETARY
Trustee or director, Officer
4.1$14,104$3,500$1,158
GLORIA WELCHVICE PRESIDE
Trustee or director, Officer
2.2$12,329$3,500$0
MIKE KENNEDYPRESIDENT
Trustee or director, Officer
2.5$11,325$3,500$489
LARRY PACEDIRECTOR
Trustee or director
6$11,788$0$1,158
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RANDY CARROLLCHIEF EXECUT
Officer
30$285,107$0$82,288
KEVIN HEDGPETHDIRECTOR OF
Officer
29$194,000$0$64,481
PAT WILLIAMSDIR OF ENGIN
Key employee
36$202,066$0$53,385
BRENT MABRYDIR. OF SYST
Highest-paid employee
29$188,795$0$61,764
BRYCE NESTERDIR OF ENERG
Highest-paid employee
40$173,348$0$59,923
SHERRY WALLACEDIRECTOR OF
Highest-paid employee
41$151,476$0$56,073
GARY HUTCHERSONDIR. OF INFO
Highest-paid employee
40$151,551$0$53,810
JULIE BOLESDIR. OF MRKT
Highest-paid employee
25$136,420$0$53,064
MIKE FULLERDIRECTOR
Trustee or director
1.8$12,200$4,200$22,284
BILLY CLAYDIRECTOR
Trustee or director
4.9$11,203$3,500$22,284
JERRY WEBBDIRECTOR
Trustee or director
3.1$10,902$0$22,284
CHES BREWERDIRECTOR
Trustee or director
5.5$10,718$0$22,284
DAVID SORRELSDIRECTOR
Trustee or director
4.7$12,575$700$10,519
CHESTER WILLISTREASURER
Trustee or director, Officer
2.8$12,107$0$10,519
LINDSEY KEENESECRETARY
Trustee or director, Officer
4.1$10,760$4,200$1,158
GLORIA WELCHVICE PRESIDE
Trustee or director, Officer
2.2$11,275$4,200$0
MIKE KENNEDYPRESIDENT
Trustee or director, Officer
2.5$9,400$4,200$489
LARRY PACEDIRECTOR
Trustee or director
6$10,626$0$1,158

Address and contacts

Address (IRS master file)
2128 HIGHWAY 39 N, MERIDIAN, MS 39301-2723
Principal officer (990 for 2024)
RANDY CARROLL, 2211 A STREET, MERDIAN, MS 39301
Signed the 990
RANDY CARROLL, CHIEF EXECUTIVE OFF
Phone
(601) 581-8600
Return prepared by
CORBIN & BIGGS PLLC

Mission

OUR MISSION IS TO DELIVER SERVICES THAT EMPOWER LIVES AND OUR VISION IS BUILDING PATHWAYS FOR COMMUNITY SUCCESS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ASSOCIATION DELIVERED ELECTRIC SERVICE TO OVER 37000 MEMBERS.
  • PROVISION OF BROADBAND SERVICES TO MEMBERSHIP THROUGH A WHOLLY OWNED SUBSIDIARY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
64-0150802
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1943
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$309,746,493
Income (IRS master file)
$110,678,752

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$101,610,070$101,610,070$309,746,493IRS
990June 2024$105,410,429$105,410,429$305,424,835IRS
990June 2023$95,947,513$95,947,513$300,410,105XML
990June 2022$82,434,057$82,434,057$245,986,766IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 64-0150802).

Questions about EAST MISSISSIPPI ELECTRIC POWER

What is the EIN of EAST MISSISSIPPI ELECTRIC POWER?
The employer identification number (EIN) of EAST MISSISSIPPI ELECTRIC POWER is 64-0150802.
Is EAST MISSISSIPPI ELECTRIC POWER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1943.
Are donations to EAST MISSISSIPPI ELECTRIC POWER tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EAST MISSISSIPPI ELECTRIC POWER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EAST MISSISSIPPI ELECTRIC POWER due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EAST MISSISSIPPI ELECTRIC POWER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of EAST MISSISSIPPI ELECTRIC POWER?
The 990 for the year ended June 30, 2025 names RANDY CARROLL.
Who are the officers and directors of EAST MISSISSIPPI ELECTRIC POWER?
The 990 for the year ended June 30, 2025 lists 18 people; 18 received compensation from the organization, the highest $283,689 (RANDY CARROLL, CHIEF EXECUT).
How much revenue does EAST MISSISSIPPI ELECTRIC POWER have?
On its 990 for the year ended June 30, 2025 it reported revenue of $101,610,070, expenses of $101,610,070 and total assets of $309,746,493 at year end.

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