Nonprofit · EIN 74-0783753
MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION
Tax-exempt · NAVASOTA, TX 77868
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $160,494,267 | $164,902,056 | -$4,407,789 | $611,805,119 | $458,114,473 | $153,690,646 |
| December 31, 2023 | 990 | $151,151,344 | $148,656,414 | $2,494,930 | $562,970,321 | $405,144,419 | $157,825,902 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $154,863,636
- Investment income
- $208,121
- Net rental income
- $209,644
- Net gain from sales of assets
- $53,969
- Net income from sales of inventory
- $2,138
- Other revenue
- $5,422,510
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,740,867
- Other salaries and wages
- $6,058,549
- Salaries, compensation and benefits (total)
- $11,837,695
- Professional fundraising fees
- $0
- Depreciation
- $19,470,813
Balance sheet and other
- Total assets, start of year
- $562,970,321
- Total assets, end of year
- $611,805,119
- Total liabilities, end of year
- $458,114,473
- Net assets, end of year
- $153,690,646
- Land, buildings and equipment
- $510,072,705
- Gross receipts
- $160,748,426
- Employees
- 245
- Volunteers
- 0
- Year formed
- 1940
- State of legal domicile
- TX
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KERRY KELTON | GENERAL MANAGER/CEO Officer | 60 | $614,127 | $147,462 |
| MICHAEL MCDOUGALD | SR. VICE PRESIDENT Officer | 50 | $379,682 | $111,927 |
| ANDREW DALLMEYER | SR. VICE PRESIDENT Officer | 50 | $396,182 | $91,802 |
| TROY MORRIS | SR. VICE PRESIDENT Officer | 55 | $373,919 | $109,663 |
| RUSSELL SMITH | SR. VICE PRESIDENT Officer | 50 | $319,635 | $27,751 |
| DAVID WILLIAMS | VP - OPERATIONS Highest-paid employee | 45 | $263,395 | $82,705 |
| BRANDON NORTHCUT | VP - TECHNOLOGY Highest-paid employee | 50 | $257,695 | $64,701 |
| MELANIE CABALLERO | VP - COMPLIANCE Highest-paid employee | 60 | $200,463 | $93,105 |
| CATHY BARKER | VP - HR & SAFETY Highest-paid employee | 55 | $202,762 | $51,641 |
| JUSTIN STAPELTON | VP - GOVERNMENT RELATIONS Highest-paid employee | 40 | $190,749 | $54,402 |
| MARSHALL SHIRLEY | PRESIDENT Trustee or director, Officer | 9.9 | $32,761 | $0 |
| STEVE DRIVER | DIRECTOR Trustee or director | 9.2 | $29,798 | $0 |
| DENNIS MCWHORTER | DIRECTOR Trustee or director | 6.5 | $24,049 | $0 |
| RUSSELL WATSON | DIRECTOR Trustee or director | 5.8 | $20,952 | $0 |
| JAMES MORRISON | VICE PRESIDENT Trustee or director, Officer | 5.4 | $17,884 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AIMEE PAVELOCK | DIRECTOR (MAY-DEC) Trustee or director | 4.7 | $15,288 |
| PAUL MALEK | DIRECTOR Trustee or director | 4.1 | $14,782 |
| KENNETH MCDOUGALD | SECRETARY/TREASURER Trustee or director, Officer | 2.7 | $12,403 |
| ROBERT PIERCE | DIRECTOR (JAN-FEB) Trustee or director | 1 | $800 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KERRY KELTON | GENERAL MANAGER/CEO Officer | 55 | $565,620 | $130,125 |
| MICHAEL MCDOUGALD | SR. VICE PRESIDENT Officer | 50 | $310,216 | $93,415 |
| TROY MORRIS | SR. VICE PRESIDENT Officer | 55 | $299,326 | $103,692 |
| ANDREW DALLMEYER | SR. VICE PRESIDENT Officer | 50 | $253,812 | $79,285 |
| DAVID WILLIAMS | VP - OPERATIONS Highest-paid employee | 45 | $244,863 | $80,119 |
| RUSSELL SMITH | SR. VICE PRESIDENT Officer | 50 | $251,278 | $29,263 |
| BRANDON NORTHCUT | VP - TECHNOLOGY Highest-paid employee | 50 | $204,380 | $57,870 |
| JUSTIN STAPELTON | VP - GOVERNMENT RELATIONS Highest-paid employee | 40 | $199,365 | $57,118 |
| MELANIE CABALLERO | VP - COMPLIANCE Highest-paid employee | 60 | $165,740 | $85,506 |
| CATHY BARKER | VP - HR & SAFETY Highest-paid employee | 55 | $180,943 | $53,872 |
| MARSHALL SHIRLEY | PRESIDENT Trustee or director, Officer | 12.1 | $40,568 | $0 |
| RUSSELL WATSON | DIRECTOR Trustee or director | 6.3 | $27,927 | $0 |
| STEVE DRIVER | DIRECTOR Trustee or director | 6.7 | $25,768 | $0 |
| DENNIS MCWHORTER | DIRECTOR Trustee or director | 5.9 | $24,063 | $0 |
| JAMES MORRISON | VICE PRESIDENT Trustee or director, Officer | 4.5 | $19,618 | $0 |
| PAUL MALEK | DIRECTOR Trustee or director | 3.8 | $14,322 | $0 |
| KENNETH MCDOUGALD | DIRECTOR Trustee or director | 2.4 | $11,149 | $0 |
| ROBERT PIERCE | DIRECTOR Trustee or director | 1 | $10,670 | $0 |
Address and contacts
- Address (IRS master file)
- 7625 HIGHWAY 6, NAVASOTA, TX 77868-7478
- In care of
- % ACCOUNTING
- Principal officer (990 for 2024)
- KERRY KELTON, PO BOX 970, NAVASOTA, TX 778680970
- Signed the 990
- ANDREW DALLMEYER, SR. VICE PRESIDENT
- Phone
- (936) 825-5100
- Website
- WWW.MIDSOUTHSYNERGY.COM
- Return prepared by
- BOLINGER SEGARS GILBERT AND MOSS LLP
Mission
THE COOPERATIVE'S AND ITS SUBSIDIARIES' MISSION IS TO PROVIDE QUALITY SERVICE (ELECTRICITY, WATER, WASTEWATER, INTERNET, & SOLAR) AT A REASONABLE PRICE, BRINGING VITAL SERVICES TO INCREASE BOTH THE QUALITY OF LIFE AND ECONOMIC HEALTH IN THE MID-SOUTH SYNERGY SERVICE AREA.
Program accomplishments
- PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 41,766 ACTIVE SERVICES AT YEAR END.
- COMMUNICATIONS DIVISION:PROVIDING BROADBAND INTERNET SERVICES THROUGH THE CONSTRUCTION OF A FIBER OPTIC NETWORK. WHEN CUMULATIVE NET MARGINS DERIVED FROM MEMBER SALES OF BROADBAND INTERNET SERVICES EXCEED CUMULATIVE NET LOSSES FROM SUCH SALES, THE COOPERATIVE WILL ALLOCATE PATRONAGE CAPITAL TO THE MEMBERS. THERE WERE 15,866 SUBSCRIBERS AT YEAR END.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-0783753
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1944
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $611,805,119
- Income (IRS master file)
- $160,748,426
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $160,494,267 | $164,902,056 | $611,805,119 | XML |
| 990 | December 2023 | $151,151,344 | $148,656,414 | $562,970,321 | XML |
| 990 | December 2022 | $151,349,587 | $148,222,587 | $514,894,894 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 74-0783753).
Questions about MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION
- What is the EIN of MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION?
- The employer identification number (EIN) of MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION is 74-0783753.
- Is MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1944.
- Are donations to MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION 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 MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION?
- The 990 for the year ended December 31, 2024 names KERRY KELTON.
- Who are the officers and directors of MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 19 people; 19 received compensation from the organization, the highest $614,127 (KERRY KELTON, GENERAL MANAGER/CEO).
- How much revenue does MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $160,494,267, expenses of $164,902,056 and total assets of $611,805,119 at year end.
Other nonprofits in NAVASOTA
- CAMP ALLEN-CAMP AND CONFERENCE CENTER EIN 74-6016479 · last filed 990 for 2025
- MID-SOUTH SYNERGY CHARITABLE FOUNDATION INC EIN 27-4376574 · last filed 990 for 2025
- SAINT FRANCIS WOLF SANCTUARY INC EIN 54-2077914 · last filed 990 for 2024
- FORTY-TWO PLACE INC EIN 74-2007140 · last filed 990 for 2025
- FISHING CAT CONSERVATION ALLIANCE INC EIN 85-1200792 · last filed 990 for 2024
- A RAY OF HOPE COMMUNITY VOLUNTEERS EIN 92-3765374 · last filed 990 for 2024
- NAVASOTA ELKS LODGE 2888 EIN 93-1504777 · last filed 990 for 2026
- MASTERBUILT MINISTRIES EIN 85-1094492 · last filed 990 for 2024