2024-04-01T14:32:42-07:00 2023-12-31 990 2023-01-01 640137498 COAHOMA ELECTRIC POWER ASSN COAH 6626248321 PO BOX 188 LYON MS 38645 Bob Burke Office Manager 6626248321 2024-04-01 Bob Burke 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Keith Hurt PO BOX 188 LYON MS 38645 22058190 0 X coahomaepa.com X 1937 MS Coahoma Electric Power Association is an Electric Cooperative that distributes low cost power to approximately 8,000 rural customers in Northwest MS. 8 8 49 0 0 0 0 0 20175619 21236712 82285 444450 347895 377028 20605799 22058190 0 0 0 0 3286627 3530941 0 0 0 16611819 16808791 19898446 20339732 707353 1718458 50480063 51477093 18772022 18144154 31708041 33332939 Coahoma Electric Power Association is an Electric Cooperative whose mission is to provide low cost power to approximately 8,000 rural customers in Northwest MS 0 0 Coahoma Electric Power Association updated voltage difference in the territory to one voltage making switching and reliability better Coahoma Electric improved website to include more information relevant to the customers' service. This includes better access to Customer problems during non-working hours. CEPA can now reconnect meter in the field more efficiently. Coahoma Electric Power Association authorized a study and plans for a new Office and warehouse facility. This project will take several years General Operations 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 49 1 0 0 0 0 0 20576044 1383163 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Bob Burke 6626248321 PO BOX 188 LYON MS 38645 Keith Hurt General Manager 40 X 162126 0 0 Jeff Noland Operations Manager 40 X 114341 0 0 Robert W Burke Office Manager, Assistant Secretary 40 X 95366 0 0 Wiley Bland Director 2 X 7950 0 0 Alden Bell Director 2 X 7950 0 0 Wesley Bailey Director 2 X 7950 0 0 Abbott R Myers Director, Secretary 2 X 7850 0 0 R Mike Tyner Director, chairman 2 X 7800 0 0 John Mckee III Director 2 X 7750 0 0 Kerry Temple Director 2 X 7700 0 0 Ann Rucoe Director 2 X 4500 0 0 William H Hardin Director 2 X 2050 0 0 433333 0 0 5 0 1 0 0 0 Sale of Electricity 221000 20576044 20576044 0 0 Cooperative Energy Patronage 221000 330505 330505 0 0 Other Patronage 221000 78015 78015 0 0 Pole Rental 221000 252148 252148 0 0 0 0 0 0 21236712 99945 99945 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 344505 0 0 0 344505 0 344505 344505 0 0 Forfeited Discounts 221000 191435 191435 0 0 Service Charges and Other Misc Revenue 221000 185593 185593 0 0 0 0 0 0 377028 22058190 22058190 0 0 0 0 0 0 432184 0 2141243 506481 254535 196498 0 9425 10025 0 0 0 0 9439 89117 427860 0 0 0 0 13333 375435 0 1717898 286719 Cost of Power 13074682 Distribution Expense (less Payroll) est 617728 Taxes and Franchise Fees 52025 Customer Service & G & A 125105 20339732 0 0 0 1952455 2528755 1824063 1624063 1481301 1380224 0 0 0 0 403561 430429 120671 125781 55739198 19593056 35491704 36146142 9206308 9241699 50480063 51477093 5830828 5641474 11744392 11298199 1196802 1204481 18772022 18144154 X 0 0 0 0 31708041 33332939 31708041 33332939 50480063 51477093 X 1718458 0 0 0 0 -93560 X 0 1 X 1 0 614174 0 614174 12558515 0 1637908 10920607 0 0 0 0 3535788 0 2809163 726625 39030721 0 15145985 23884736 36146142 NRTC 60057 C NRUCFC 71268 C Cooperative Energy 8187713 C Arkansas Electric 59192 C Federated 230903 C Gresco 45735 C SEDC 57377 C CoBank 55785 C CRC 10000 C NRUCFC Certificates 458844 C Misc Memberships 4825 C 9241699 Consumer Deposits 1204481 1204481 22058190 0 0 0 0 0 22058190 0 0 0 22058190 20339732 0 0 0 0 0 20339732 0 0 0 20339732 X 0 0 0 Keith Hurt General Manager 162126 0 0 0 0 0 0 0 0 0 162126 0 0 0 Schedule J, Part I, Line 3 The General Manager's salary is decided by the Board of Directors. Form 990, Part VI, Section A, Line 6 Coahoma Electric Power Association is an electric distribution cooperative that sells its electricity to its members. Each member has one vote. Form 990, Part VI, Section A, Line 7a Coahoma Electric Power Association has members who elect its governing board. Each member has one vote. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed and discussed at the Board Meeting prior to filing the report. Form 990, Part VI, Section B, Line 12c All Directors, Officers, employees who are affected by the 'Conflict of Interest" requirements must complete "Internal Revenue Service Form 990 Questionnaire". This questionnaire was developed by National Rural Electric Cooperative Association. It asks the directors and employees about other business relationships that they or their family members may be involved in that could effect their independence. The questionnaire is administered annually. Affected personnel are required to disclose any situations that may occur during the year. Form 990, Part VI, Section B, Line 15 Coahoma Electric Power Association Board of Directors determines the salary of the General Manager. This is done by determining whether the company's goals are met. These goals are met if the Company operates within its budget, completes capital projects efficiently and on budget, and company's selling price remains competitive with other Electric companies in the state. The Board also compares the salary and the tenure of the General Managers of similar cooperatives. Other salaries are determined by the General Manager. Form 990, Part VI, Section C, Line 18 Coahoma Electric Power Association's Form 990 is filed through Form 990 Online and the form can be accessed by anyone through their website. Form 990, Part VI, Section C, Line 19 The Coahoma Electric Power Association Board of Directors makes it's governing documents, Conflict of Interest Policy, and Financial Statements available to the public upon request. Each year the company sends audited financial statements to the Mississippi State Auditor, MS Public Service Commission, and debt holders, and other interested parties. The By-Laws are available on our website. Form 990, Part XI, Line 9 The other changes in equity are due to the change in membership of 60 and retirement of capital credits of 93500