East Mississippi Electric Power
501(c)(12)
Strong reserves Growing revenue
East Mississippi Electric Power is a 501(c)(12) organization based in Meridian, Mississippi, registered in 1943, with $105,410,429 in FY2023 revenue.
2128 Highway 39 N, Meridian, MS, 39301 EIN 64-0150802 Since 1943
Revenue (FY2023)
$105.4M
▲ 9.9% vs prior year
Expenses (FY2023)
$105.4M
Net assets
$104.0M
Employees
149
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for East Mississippi Electric Power— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +0% 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 East Mississippi Electric Power: 12 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 East Mississippi Electric Power: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 East Mississippi Electric Power: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Our mission is to deliver services that empower lives and our vision is building pathways for community success.
What they do
Provision of broadband services to membership through a wholly owned subsidiary.
Contact & location
- Address
- 2128 Highway 39 N, Meridian, MS, 39301
- City
- Meridian
- State
- Mississippi
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $86.2M (FY2013) to $105.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $201.5MNet assets $104.0M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$305.4M
Total liabilities
$201.5M
Net assets
$104.0M
Salaries & benefits
$14.1M
13% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $105,410,429▲9.9% | $105,410,429▲9.9% | $103,974,034▲6.3% | $305,424,835▲1.7% | 990 |
| 2022 | $95,947,513▲16.4% | $95,947,513▲16.4% | $97,838,371▲3.8% | $300,410,105▲22.1% | 990 |
| 2021 | $82,434,057▲5.1% | $82,434,057▲5.1% | $94,279,197▲1.0% | $245,986,766▲35.4% | 990 |
| 2020 | $78,399,641▼1.8% | $78,399,641▼1.8% | $93,308,418▲5.1% | $181,661,961▲15.8% | 990 |
| 2019 | $79,838,607▼4.0% | $79,838,607▼4.0% | $88,809,417▲2.9% | $156,818,704▲0.8% | 990 |
| 2018 | $83,206,607▼5.5% | $83,206,607▼5.5% | $86,266,152▲4.7% | $155,637,458▲3.2% | 990 |
| 2017 | $88,008,898▲8.5% | $88,008,898▲8.5% | $82,425,324▲3.1% | $150,870,559▲2.2% | 990 |
| 2016 | $81,131,752▼1.8% | $81,131,752▼1.8% | $79,953,652▲1.7% | $147,669,171▼3.9% | 990 |
| 2015 | $82,602,267▼5.9% | $82,602,267▼5.9% | $78,620,369▼9.1% | $153,683,254▼0.5% | 990 |
| 2014 | $87,796,790▲1.8% | $87,796,790▲1.8% | $86,531,234▲2.5% | $154,501,684▲3.5% | 990 |
| 2013 | $86,248,402 | $86,248,402▲11.1% | $84,385,221▲1.7% | $149,243,923▲0.8% | 990 |
| 2012 | — | $77,637,726▲5.1% | $83,009,951▲2.7% | $148,078,931▲3.0% | 990 |
| 2011 | — | $73,835,245▼2.7% | $80,860,532▲2.7% | $143,768,128▼1.2% | 990 |
| 2010 | — | $75,846,508▲0.7% | $78,749,799▲2.4% | $145,546,767▲6.8% | 990 |
| 2009 | — | $75,336,680 | $76,907,145 | $136,297,923 | 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 (FY2023)
Highest-paid: Randy Carroll — $294,856 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Randy Carroll | Chief Execut | 30 | $294,856 |
| Pat Williams | Dir of Engin | 36 | $213,834 |
| Kevin Hedgpeth | Director of | 29 | $209,247 |
| Brent Mabry | Dir. of Syst | 29 | $204,870 |
| Bryce Nester | Dir/energy S | 40 | $190,160 |
| Gary Hutcherson | Dir. of Info | 40 | $173,158 |
| Sherry Wallace | Director of | 41 | $159,017 |
| Julie Boles | Dir. of Mart | 25 | $144,546 |
| David Sorrels | Director | 4.7 | $15,129 |
| Lindsey Keene | Secretary | 4.1 | $14,104 |
| Billy Clay | Director | 4.9 | $13,633 |
| Chester Willis | Treasurer | 2.8 | $13,334 |
| Gloria Welch | Vice Preside | 2.2 | $12,329 |
| Jerry Webb | Director | 3.1 | $12,102 |
| Larry Pace | Director | 6 | $11,788 |
| Ches Brewer | Director | 5.5 | $11,610 |
| Mike Fuller | Director | 1.8 | $11,325 |
| Mike Kennedy | President | 2.5 | $11,325 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Benton Technical | Fiber Cont. | $10,397,151 |
| Ervin Cable Construction | Fiber Contr. | $6,440,230 |
| Highland Cabling LLC | Fiber Cont. | $3,814,711 |
| Southern Clearing | Row Clearing | $1,854,119 |
| Conexon LLC | Project Mgt | $1,699,238 |
Frequently asked questions
- Is East Mississippi Electric Power a legitimate nonprofit?
- Yes. East Mississippi Electric Power is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 64-0150802, based in Meridian, Mississippi.
- What is East Mississippi Electric Power's EIN?
- East Mississippi Electric Power's Employer Identification Number (EIN) is 64-0150802.
- How much revenue does East Mississippi Electric Power report?
- East Mississippi Electric Power reported $105,410,429 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does East Mississippi Electric Power's highest-paid employee make?
- The highest reported compensation on East Mississippi Electric Power's latest Form 990 is $294,856, paid to Randy Carroll (Chief Execut).
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Data for East Mississippi Electric Power (EIN 64-0150802) 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.