Tallahatchie Valley Electric Power Association
501(c)(12)
100% goes to programs Strong reserves Growing revenue
Tallahatchie Valley Electric Power Association is a 501(c)(12) organization based in Batesville, Mississippi, registered in 1943, with $84,817,376 in FY2023 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
250 Power Dr, Batesville, MS, 38606 EIN 64-0251165 Since 1943
Revenue (FY2023)
$84.8M
▼ 1.4% vs prior year
Expenses (FY2023)
$84.8M
Net assets
$110.2M
Employees
140
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 Tallahatchie Valley Electric Power Association: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 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 Tallahatchie Valley Electric Power Association: 16 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Tallahatchie Valley Electric Power Association: 5 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 Tallahatchie Valley Electric Power Association: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Tallahatchie valley electric power association is an electric cooperative that provides electric service to residential, commercial, and industrial customers in nine north mississippi counties.
Contact & location
- Address
- 250 Power Dr, Batesville, MS, 38606
- City
- Batesville
- State
- Mississippi
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $74.3M (FY2013) to $84.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $83.4MNet assets $110.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$193.5M
Total liabilities
$83.4M
Net assets
$110.2M
Salaries & benefits
$1.1M
1% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $84,817,376▼1.4% | $84,817,376▼1.4% | $110,182,612▲5.3% | $193,547,972▼0.5% | 990 |
| 2022 | $86,052,207▲8.6% | $86,052,207▲8.6% | $104,606,011▲3.2% | $194,528,547▼0.1% | 990 |
| 2021 | $79,246,266▲8.6% | $79,246,266▲8.6% | $101,390,749▲2.7% | $194,805,351▲12.9% | 990 |
| 2020 | $72,952,187▲1.4% | $72,952,187▲1.4% | $98,681,855▲3.1% | $172,609,985▼0.3% | 990 |
| 2019 | $71,973,393▼3.7% | $71,973,393▼3.7% | $95,688,160▲4.6% | $173,165,343▲39.1% | 990 |
| 2018 | $74,747,192▲0.2% | $74,747,192▲0.2% | $91,457,998▲3.0% | $124,485,237▲1.5% | 990 |
| 2017 | $74,617,634▲1.9% | $74,617,634▲1.9% | $88,798,581▲4.8% | $122,636,885▲8.2% | 990 |
| 2016 | $73,259,252▲5.2% | $73,259,252▲5.2% | $84,771,855▲3.4% | $113,304,901▲1.0% | 990 |
| 2015 | $69,617,570▼3.9% | $69,617,570▲2.0% | $82,017,460▲3.3% | $112,225,765▲1.8% | 990 |
| 2014 | $72,435,743▼2.5% | $68,230,539▼1.5% | $79,409,402▲5.6% | $110,240,520▲4.7% | 990 |
| 2013 | $74,290,938 | $69,252,832▲1.7% | $75,221,831▲7.7% | $105,313,885▲4.5% | 990 |
| 2012 | — | $68,082,680▲3.5% | $69,818,542▲5.3% | $100,822,993▲5.7% | 990 |
| 2011 | — | $65,751,329▼3.0% | $66,328,845▲7.0% | $95,379,504▲3.1% | 990 |
| 2010 | — | $67,783,630▲12.8% | $61,969,566▲7.6% | $92,529,166▲5.5% | 990 |
| 2009 | — | $60,092,681 | $57,602,168 | $87,700,138 | 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: Brad Robison — $421,377 (0.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brad Robison | General Manager/ceo | 40 | $421,377 |
| Kerry Davis | Director of Engineering | 40 | $211,557 |
| Angela Hall | Chief Financial Officer | 40 | $203,054 |
| Jamie Barnett | Director of Operations | 40 | $201,586 |
| Daniel Watson | Director of Telecom | 40 | $197,896 |
| Chris Sullivan | Director of Information Te | 40 | $193,940 |
| Earl Gibson | Director of Member Service | 40 | $191,291 |
| Jeff Herron | Director | 1 | $16,945 |
| Hb House | Director/vice President | 1 | $16,253 |
| Gene Standridge | Director/secretary | 1 | $16,093 |
| Kim Hollowell | Director | 1 | $16,021 |
| Will Hays | Director/president | 1 | $15,893 |
| Sheila Melton | Director | 1 | $15,804 |
| Tracy Aiken | Director | 1 | $15,740 |
| Robert Chapman | Director | 1 | $15,663 |
| Charles Davis | Director | 1 | $15,643 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Grays Power Supply LLC | Construction Services - Fiber | $5,471,424 |
| Fiberrise Communication Services LLC | Materials, Consulting, Eng. Service | $327,242 |
| Osmose Wood Preserving Inc | Pole Inspection Services | $249,503 |
| Wa Kendall & Company Inc | Right of Way | $224,833 |
| Jenko Services | Herbicide Application | $145,828 |
Grants made · $10K in FY2023
1 grant totaling $10K in FY2023. All grants made by Tallahatchie Valley Electric Power Association →
| Recipient | Purpose | Amount |
|---|---|---|
| Northwest Mississippi Community College Foundation | To support and bolster the local community college | $10,000 |
Frequently asked questions
- Is Tallahatchie Valley Electric Power Association a legitimate nonprofit?
- Yes. Tallahatchie Valley Electric Power Association is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 64-0251165, based in Batesville, Mississippi.
- What is Tallahatchie Valley Electric Power Association's EIN?
- Tallahatchie Valley Electric Power Association's Employer Identification Number (EIN) is 64-0251165.
- How much revenue does Tallahatchie Valley Electric Power Association report?
- Tallahatchie Valley Electric Power Association reported $84,817,376 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Tallahatchie Valley Electric Power Association's spending goes to programs?
- Tallahatchie Valley Electric Power Association spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Tallahatchie Valley Electric Power Association have?
- CharityIndex grades Tallahatchie Valley Electric Power Association A, based on program efficiency and fundraising cost.
- How much does Tallahatchie Valley Electric Power Association's highest-paid employee make?
- The highest reported compensation on Tallahatchie Valley Electric Power Association's latest Form 990 is $421,377, paid to Brad Robison (General Manager/ceo).
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Data for Tallahatchie Valley Electric Power Association (EIN 64-0251165) 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.