Central Electric Power Association
501(c)(12)
100% goes to programs Strong reserves
Central Electric Power Association is a 501(c)(12) organization based in Carthage, Mississippi, registered in 1937, with $115,068,842 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
Po Box 477, Carthage, MS, 39051 EIN 64-0132702 Since 1937
Revenue (FY2024)
$115.1M
▲ 5.7% vs prior year
Expenses (FY2024)
$113.2M
Net assets
$105.2M
Employees
132
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Central Electric Power Association: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Electric Power Association: 11 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Electric Power Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Electric Power Association: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Provide electricity in rural mississippi.
Contact & location
- Address
- Po Box 477, Carthage, MS, 39051
- City
- Carthage
- State
- Mississippi
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $25.2M (FY2013) to $115.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38.4MNet assets $105.2M
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$143.7M
Total liabilities
$38.4M
Net assets
$105.2M
Salaries & benefits
$1.6M
1% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $115,068,842▲5.7% | $113,192,642▲6.6% | $105,246,177▲1.8% | $143,671,386▲1.3% | 990 |
| 2023 | $108,914,730▲0.5% | $106,187,025▼0.6% | $103,362,087▲2.6% | $141,855,761▲0.5% | 990 |
| 2022 | $108,351,567▲7.1% | $106,878,598▲9.3% | $100,719,152▲1.6% | $141,190,862▼0.9% | 990 |
| 2021 | $101,127,410▲10.4% | $97,785,921▲11.7% | $99,175,147▲3.5% | $142,416,370▲10.4% | 990 |
| 2020 | $91,582,514▲0.3% | $87,543,321▼2.8% | $95,831,388▲7.8% | $129,001,303▲4.0% | 990 |
| 2019 | $91,277,753▼2.7% | $90,111,332▼2.0% | $88,856,717▲1.3% | $124,036,329▲0.3% | 990 |
| 2018 | $93,855,694▲289% | $91,984,524▲337% | $87,683,216▲2.2% | $123,638,172▲0.3% | 990 |
| 2017 | $24,145,341▼1.8% | $21,028,141▼5.0% | $85,805,630▲3.8% | $123,236,097▲0.8% | 990 |
| 2016 | $24,583,550▲4.9% | $22,141,673▲7.7% | $82,688,430▲3.0% | $122,299,572▼5.4% | 990 |
| 2015 | $23,429,308▲0.9% | $20,554,323▲7.2% | $80,246,553▲5.8% | $129,258,006▼1.1% | 990 |
| 2014 | $23,229,897▼7.9% | $19,168,029▲1.5% | $75,858,303▼2.1% | $130,639,296▼2.7% | 990 |
| 2013 | $25,232,404 | $18,880,893▼2.6% | $77,468,680▲3.8% | $134,326,026▼0.8% | 990 |
| 2012 | — | $19,388,741▲3.0% | $74,619,565▲8.5% | $135,363,577▲18.3% | 990 |
| 2011 | — | $18,829,495▲1.4% | $68,776,431▲7.8% | $114,425,253▲5.8% | 990 |
| 2010 | — | $18,565,248 | $63,791,221 | $108,118,149 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Brian D Long — $271,009 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian D Long | General Manager | 40 | $271,009 |
| Amy Shepard | Director of Hr | 40 | $183,499 |
| Robert G Barrett | Director of Operations | 40 | $179,065 |
| Melanie A Kirkwood | Director of Engineering | 40 | $151,211 |
| Danny Burnett | Construction Coordinator | 40 | $149,925 |
| Jessie Dale Scott | Director of Information Technology | 40 | $145,014 |
| Eddie Casey Bell | Director of Accounting | 40 | $100,471 |
| Danny Thornton | Secretary/treasurer | 5 | $7,800 |
| David Boyd | Director | 5 | $7,800 |
| Earl Browning | Director | 5 | $7,800 |
| Hanna Watson | Director | 5 | $7,800 |
| Jackie Harpole | Director | 5 | $7,800 |
| Kenneth Hagan | Director | 5 | $7,800 |
| Mike Brooks | Vice President | 5 | $7,800 |
| Pettey Leach | President | 5 | $7,800 |
| Phillip Crosby | Director | 5 | $7,800 |
| Andrew Windham | Director | 5 | $5,400 |
| Max Loper | Director | 5 | $1,800 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Progressive Solutions LLC | Right of Way Spraying | $3,587,582 |
| Aubrey Silvey Enterprises Inc | Substation Construction | $911,700 |
| Southern Rock LLC | Ludlow Substation Construction | $575,850 |
| Osmose Inc | Pole Treatment | $231,732 |
| Timothy Ellinburg | Contract Meter Reading | $152,673 |
Frequently asked questions
- Is Central Electric Power Association a legitimate nonprofit?
- Yes. Central Electric Power Association is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 64-0132702, based in Carthage, Mississippi.
- What is Central Electric Power Association's EIN?
- Central Electric Power Association's Employer Identification Number (EIN) is 64-0132702.
- How much revenue does Central Electric Power Association report?
- Central Electric Power Association reported $115,068,842 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Central Electric Power Association's spending goes to programs?
- Central Electric Power Association spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Electric Power Association have?
- CharityIndex grades Central Electric Power Association A+, based on program efficiency and fundraising cost.
- How much does Central Electric Power Association's highest-paid employee make?
- The highest reported compensation on Central Electric Power Association's latest Form 990 is $271,009, paid to Brian D Long (General Manager).
More nonprofits in Carthage
Explore more
Data for Central Electric Power Association (EIN 64-0132702) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.