2025-11-13T14:38:28-05:00 2025-06-30 631208839 THE SPARKS CPA FIRM PC PO BOX 540 BOONEVILLE MS 388290540 990 2024-07-01 640111850 ALCORN COUNTY ELECTRIC POWER ASSOCI ALCO 6622874402 P O BOX 1590 CORINTH MS 38835 JAMES ANDREW GALLOWAY CFO 6622874402 2025-11-10 true true BETTY J HORTON CPA P01341420 6627286172 2025-11-11 2024 2025-03-06 01:10:19Z JAMES ANDREW GALLOWAY 1909 SOUTH TATE STREET CORINTH MS 38834 73428273 false X WWW.ACE-POWER.COM X 1934 MS PROVIDE ELECTRICITY TO MEMBERS IN THE ALCORN COUNTY, MS AREA. 5 5 107 1596904 0 465538 465389 576273 687737 22080983 21919336 23122794 23072462 0 0 4124317 5354730 0 0 14538146 14085450 18662463 19440180 4460331 3632282 117317968 120548991 40501822 40096393 76816146 80452598 PROVIDE ELECTRICITY TO MEMBERS IN THE ALCORN COUNTY, MS AREA. false false PROVIDED ELECTRICITY TO APPROXIMATELY 19,000 CUSTOMERS/MEMBERS false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 0 0 true 107 true true true false false false false 67530558 5897715 false false false X 5 5 false false false false true true false true true false false true true true true false true true true false X ALCORN COUNTY ELECTRIC POWER ASSOCI ALCORN COUNTY ELECTRIC POWER ASSOCI 6622874402 1909 SOUTH TATE STREET 1909 SOUTH TATE STREET CORINTH MS 38834 BOBBY ROBERTS BOARD MEMBER 2.00 X 550 0 4554 MARK GARDNER SECRETARY 2.00 X X 550 0 0 J B DARNELL VICE PRESIDE 2.00 X X 550 0 0 BEN FERRELL PRESIDENT 2.00 X X 550 0 0 ERIC POWELL BOARD MEMBER 2.00 X 550 0 0 SEAN MCGRATH CEO 40.00 X 270005 0 92987 JASON GRISHAM COO 40.00 X 227819 0 68075 WALLY EATON OPER SUPERIN 40.00 X 178542 0 52381 TRINT BAGGETT SYSTEM ENGIN 40.00 X 177401 0 56439 SCOTTY MILLS RIGHT OF WAY 40.00 X 158772 0 45326 DON ARNOLD LINE FOREMAN 40.00 X 169522 0 43893 JAMES CARSON DIRECTOR OF 40.00 X 140395 0 46217 JAMES ANDREW GALLOWAY CFO 40.00 X 174957 0 38220 BENJAMIN TUCKER DIRECTOR OF 40.00 X 144717 0 26777 1644880 474869 9 false true false TREE PROFESSIONAL INC TREE PROFESSIONAL INC 35300 COUNTY ROAD 8 35300 COUNTY ROAD 8 FLORENCE AL 35634 TREE REMOVAL 808748 ALLEN & HOSHALL ALLEN & HOSHALL 1661 INTERNATIONAL DRIVE 1661 INTERNATIONAL DRIVE MEMPHIS TN 38120 ENGINEERING 176543 2 FORFEITED DISCOUNTS 221000 288939 288939 SERVICE REVENUE 221000 176450 176450 465389 687737 647516 40221 51624 3658406 51624 3658406 3710030 2153347 1556683 67530558 50355811 17174747 17174747 EQUITY EARNINGS OF FIBER 221000 593008 593008 MISC NON OPERATING INCOME 221000 260176 260176 GAIN ON OPEB LIAB VALUATION 221000 145373 145373 36002 36002 1034559 23072462 21475558 1596904 4322203 4322203 1032527 1032527 11120 11120 19800 19800 61405 61405 1793618 1793618 605397 605397 6108368 6108368 425193 425193 DISTRIBUTION EXPENSE 3581331 3581331 CUSTOMER ACCOUNT EXPENSE 682956 682956 TAXES 497317 497317 GENERAL MAINTENANCE 291651 291651 7294 7294 19440180 19440180 0 0 1572526 1875902 3074841 3258966 6442139 7849314 4875584 2796936 2379067 2821536 12194559 15900831 147242328 62509634 85332063 84732694 108539 151589 1338650 1161223 117317968 120548991 11030761 12319024 21015235 19470383 50000 8455826 8256986 40501822 40096393 X 603527 607697 76212619 79844901 76816146 80452598 117317968 120548991 X 3632282 4170 X false true X true false 794449 794449 8450687 3214314 5236373 137997192 59295320 78701872 84732694 POST RETIREMENT BENEFIT OBLIG 3865493 CUSTOMER DEPOSITS 2301946 CUSTOMER CONSERVATION LOANS 2089402 MISC 145 8256986 false false false SEAN MCGRATH CEO 236672 33333 72781 20206 362992 JASON GRISHAM COO 198637 29182 49322 18753 295894 WALLY EATON OPER SUPERINTENDENT 155671 22871 38447 13934 230923 TRINT BAGGETT SYSTEM ENGINEER 154602 22799 38391 18048 233840 SCOTTY MILLS RIGHT OF WAY FOREMAN 138440 20332 34036 11290 204098 DON ARNOLD LINE FOREMAN 150326 19196 33045 10848 213415 JAMES CARSON DIRECTOR OF IT 122293 18102 28562 17655 186612 JAMES ANDREW GALLOWAY CFO 158804 16153 20691 17529 213177 BENJAMIN TUCKER DIRECTOR OF MARKETIN 131305 13412 11064 15713 171494 SCHEDULE J, PART III SEAN MCGRATH, CEO, AND JASON GRISHAM, COO, HAVE A SALARY CONTINUATION NONQUALIFIED PLAN AGREEMENT BACKED BY LIFE INSURANCE POLICIES. IT IS PAYABLE UPON RETIREMENT IN MONTHLY INSTALLMENTS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A BOARD MEMBERS ARE ELECTED FOR A 3 YEAR TERM FROM THE MEMBERSHIP BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B GOVERNING BOARD REVIEWS AND APPROVES AT REGULAR MEETING BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C OPEN DISCUSSION IN REGULAR BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A GOVERNING BOARD, WHICH IS INDEPENDENT, REVIEWS AND DISCUSSES ON ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15B GOVERNING BOARD, WHICH IS INDEPENDENT, REVIEWS AND DISCUSSES ON ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON THE ASSOCIATION'S WEBSITE. FORM 990, PART XI, LINE 9 MEMBERSHIPS 4,170 FIRST LIGHT FIBER LLC 1909 S TATE ST CORINTH MS 38834 843454888 BROADBAND MS N/A false true false false true false false false false false true false false false true true false true false false FIRST LIGHT FIBER LLC A 1545280 FAIR VALUE FIRST LIGHT FIBER LLC D 767582 OUTSTANDING BALANCE FIRST LIGHT FIBER LLC J 51624 JOINT COST CALCULATION FIRST LIGHT FIBER LLC O 2683090 ACTUAL PAYROLL COST FIRST LIGHT FIBER LLC Q 690118 ACTUAL COST