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Nonprofit · EIN 64-0254740

TOMBIGBEE ELECTRIC POWER ASSN

Tax-exempt · TUPELO, MS 38802

Financials

$138M$136.9M2022$136.4M$132.5M2023
Revenue Expenses · by fiscal year end
Financials of TOMBIGBEE ELECTRIC POWER ASSN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$136,405,998$132,488,179$3,917,819$266,020,791$139,628,122$126,392,669
June 30, 2023990$137,961,988$136,902,910$1,059,078$259,826,661$137,355,051$122,471,610
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$127,504,316
Investment income
$1,162,389
Net rental income
$2,995,077
Other revenue
$7,739,293

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$9,141,719
Salaries, compensation and benefits (total)
$10,881,491
Professional fundraising fees
$0
Depreciation
$11,147,918
Program services (functional)
$132,488,179

Balance sheet and other

Total assets, start of year
$259,826,661
Total assets, end of year
$266,020,791
Total liabilities, end of year
$139,628,122
Net assets, end of year
$126,392,669
Land, buildings and equipment
$230,100,005
Gross unrelated business income
$4,116,521
Gross receipts
$136,405,998
Employees
205
Year formed
1934
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SCOTT HENDRIXCEO
Officer
40$304,662$12,073
GREG HOODLINEMAN
Highest-paid employee
40$154,685$6,528
MARK GRAHAMLINEMAN
Highest-paid employee
40$147,781$6,528
GREG SPRADLINGLINEMAN
Highest-paid employee
40$147,221$6,528
BROCK PEARCELINEMAN
Highest-paid employee
40$144,647$6,509
MARK BURLESONLINEMAN
Highest-paid employee
40$141,755$6,528
BRUCE WILLIAMSCFO
Officer
40$126,275$7,717
FG WIYGUL JRDIRECTOR
Trustee or director
10$16,162$0
DONALD KNIGHTVICE PRESIDE
Trustee or director, Officer
15$16,162$0
JOHN MCFERRINDIRECTOR
Trustee or director
15$10,100$0
MIKE IRWINDIRECTOR
Trustee or director
10$10,100$0
BRENDA SHUMPERTDIRECTOR
Trustee or director
10$10,100$0
BUDDY PALMERDIRECTOR
Trustee or director
15$10,100$0
JIM GRAYDIRECTOR
Trustee or director
10$10,100$0
LYNN TURNERPRESIDENT
Trustee or director, Officer
20$10,100$0
7 more people on this return
NameTitleHours / weekCompensation
CHIP PRESTAGETREASURER
Trustee or director, Officer
15$10,100
TJ ADAMSDIRECTOR
Trustee or director
10$10,100
ANDY SPRADLINGSECRETARY
Trustee or director, Officer
15$10,100
RANDY LETSONDIRECTOR
Trustee or director
10$10,100
SAMMY REEDDIRECTOR
Trustee or director
10$10,100
DANNY RILEYDIRECTOR
Trustee or director
10$10,100
STEVE HOLLANDDIRECTOR
Trustee or director
10$9,531
990 for the year ended June 30, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
SCOTT HENDRIXCEO
Officer
40$288,723$8,395
GREG HOODLINEMAN
Highest-paid employee
40$140,530$17,043
BROCK PEARCELINEMAN
Highest-paid employee
40$133,037$22,051
BRUCE WILLIAMSCFO
Officer
40$119,208$17,115
FG WIYGULJRPRESIDENT
Trustee or director, Officer
20$2,500$12,924
DONALD KNIGHTSECRETARY/ T
Trustee or director, Officer
10$2,500$12,576
TJ ADAMSDIRECTOR
Trustee or director
10$2,500$7,200
JIM GRAYDIRECTOR
Trustee or director
5$2,500$7,200
MIKE IRWINDIRECTOR
Trustee or director
10$2,500$7,200
JOHN MCFERRINDIRECTOR
Trustee or director
15$2,500$7,200
BUDDY PALMERVICE PRESIDE
Trustee or director, Officer
15$2,500$7,200
CHIP PRESTAGEDIRECTOR
Trustee or director
12$2,500$7,200
DANNY RILEYDIRECTOR
Trustee or director
10$2,500$7,200
BRENDA SHUMPERTDIRECTOR
Trustee or director
10$2,500$7,200
ANDY SPRADLINGDIRECTOR
Trustee or director
10$2,500$7,200
LYNN TURNERDIRECTOR
Trustee or director
10$2,500$7,200
STEVE HOLLANDDIRECTOR
Trustee or director
10$2,500$7,047
RANDY LETSONDIRECTOR
Trustee or director
10$833$7,200
SAMMY REEDDIRECTOR
Trustee or director
10$833$7,200

Address and contacts

Address (IRS master file)
PO BOX 1789, TUPELO, MS 38802-1789
Principal officer (990 for 2023)
SCOTT HENDRIX
Signed the 990
BRUCE WILLIAMS, CFO
Phone
(662) 842-7635
Return prepared by
FRANKS FRANKS WILEMON & HAGOOD PA

Mission

TO BRING SAFE, RELIABLE, AND AFFORDABLE POWER TO CUSTOMERS IN A COURTEOUS AND TIMELY MANNER.

990 for the year ended June 30, 2024

Program accomplishments

  • TO PROVIDE ELECTRIC POWER SERVICE TO MEMBERS OF THE ASSOCIATION
    Expenses $132,488,179 · revenue $127,504,316

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, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
64-0254740
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1937
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$266,020,791
Income (IRS master file)
$136,405,998

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$136,405,998$132,488,179$266,020,791XML
990June 2023$137,961,988$136,902,910$259,826,661XML
990June 2022$134,355,047$125,618,326$252,069,623IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 64-0254740).

Questions about TOMBIGBEE ELECTRIC POWER ASSN

What is the EIN of TOMBIGBEE ELECTRIC POWER ASSN?
The employer identification number (EIN) of TOMBIGBEE ELECTRIC POWER ASSN is 64-0254740.
Is TOMBIGBEE ELECTRIC POWER ASSN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
Are donations to TOMBIGBEE ELECTRIC POWER ASSN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TOMBIGBEE ELECTRIC POWER ASSN 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 TOMBIGBEE ELECTRIC POWER ASSN 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 TOMBIGBEE ELECTRIC POWER ASSN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of TOMBIGBEE ELECTRIC POWER ASSN?
The 990 for the year ended June 30, 2024 names SCOTT HENDRIX.
Who are the officers and directors of TOMBIGBEE ELECTRIC POWER ASSN?
The 990 for the year ended June 30, 2024 lists 22 people; 22 received compensation from the organization, the highest $304,662 (SCOTT HENDRIX, CEO).
How much revenue does TOMBIGBEE ELECTRIC POWER ASSN have?
On its 990 for the year ended June 30, 2024 it reported revenue of $136,405,998, expenses of $132,488,179 and total assets of $266,020,791 at year end.

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