Delta Electric Power Association

Not tax-deductible

Greenwood, MSMutual-benefit / member-servingSince 1938EIN 64-0146265Revenue $85.4M in FY2025

On file with the IRSdeltaepa.comPo Box 9399, 38930-8999 · Greenwood, MSTax-exempt since Jun 1940

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To provide reliable Electric Power and related services to our members at the most affordable cost.

$668K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $0 a year · under 1% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$668K
to officers and key staff · 0.8% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$76.7M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$85.4M
-2% vs prior year
Spent
$85.4M
Net assets
$163.5M
By yearFY2020–FY2025
Revenue
$85.4M
FY2025▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$64.0M
FY2021$65.1M
FY2022$76.9M
FY2023$77.5M
FY2024$87.1M
FY2025$85.4M
Expenses
$85.4M
FY2025▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$64.0M
FY2021$65.1M
FY2022$76.9M
FY2023$77.5M
FY2024$87.1M
FY2025$85.4M
Net assets
$163.5M
FY2025▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$131.0M
FY2021$133.6M
FY2022$142.8M
FY2023$148.8M
FY2024$158.7M
FY2025$163.5M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

14 people listed on the 990; $668K paid to officers and key staff.

Part VII, Section A · reportable compensation
General Mana
$254,682Pt VII · Sec A
Highest Comp
$180,013Pt VII · Sec A
Secretary/Tr
$135,511Pt VII · Sec A
$12,000Pt VII · Sec A
$9,000Pt VII · Sec A
Director
$9,000Pt VII · Sec A
$9,000Pt VII · Sec A
$9,000Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ds O'Bryan—$126,372$257,292$238,999$227,508—
Harold Pittman$254,682$239,208$212,916$194,085$186,276$166,894
D S O'Bryan—————$203,694
Jerry W Holloway—$183,994$170,711———
Robert J Seal$180,013$169,392————
James Kenwright————$160,119$145,953
Michael Maloney$135,511$125,172$110,569———
Timothy McBride——$131,870———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supplies affordable electricity and related services to members.

Questions for Delta Electric Power Association

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Provided by the organization

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1 program · in their own filed words · FY2025
01

Provided reliable electric power and related services to our members at the most affordable cost.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$85.4M
Ln 12
Fees for servicesLn 2g$76.5M
Other incomeLn 4–11$8.5M
Investment incomeLn 3$422K
Money outPt IX
$85.4M
Ln 25
Owns and owesPt X
$163.5M
net assets · Ln 32
Cash and savingsLn 1–2$5.0M
Total assetsLn 16$240.2M
LiabilitiesLn 26$76.7M
PeoplePt VI, VII
14
listed · VII A
PaidVII A14
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$76.5M
Investment incomeLn 3$422K
Other incomeLn 4–11$8.5M
Gains on assetsLn 7$18K
Total revenueLn 12$85.4M
Assets in detailPt X, end of year
CashLn 1$56K
SavingsLn 2$4.9M
Cash and savings togetherLn 1–2$5.0M
InvestmentsLn 11–13$28.6M
Land, buildings, equipmentLn 10c$194.0M
Total assetsLn 16$240.2M
LiabilitiesLn 26$76.7M
Net assetsLn 32$163.5M
OperationsPt I, VI
EmployeesI 5105
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$17.5M$5.0M
InvestmentsLn 11–13$28.7M$28.6M
Land, buildings, equipmentLn 10c$165.6M$194.0M
Total assetsLn 16$226.3M$240.2M
LiabilitiesLn 26$67.6M$76.7M
Net assetsLn 32$158.7M$163.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$8.1M
Other salaries and wagesLn 7$98K
InterestLn 20$3.0M
Depreciation, depletion and amortizationLn 22$10.8M
Other expenses (24a–d)Ln 24$62.7M
All other expensesLn 24e$687K
Total functional expensesLn 25$85.4M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $85.4M$85.4M$0$163.5M 990 PDF
FY2024 $87.1M$87.1M$0$158.7M 990 PDF
FY2023 $77.5M$77.5M$0$148.8M 990 PDF
FY2022 $76.9M$76.9M$0$142.8M 990 PDF
FY2021 $65.1M$65.1M$0$133.6M 990 PDF
FY2020 $64.0M$64.0M$0$131.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $85,433,667 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $77,730,343$76,463,121
I-10 Investment incomePrior year $461,315$422,447
I-11 Other revenuePrior year $8,905,982$8,548,099
I-12 Total revenuePrior year $87,097,640$85,433,667
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $13,175,001$8,137,391
I-15 Salaries and benefitsPrior year $99,250$98,250
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $73,823,389$77,198,026
I-18 Total expensesPrior year $87,097,640$85,433,667
I-19 Revenue less expenses$0
Part VI · Governance 10 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $85,433,667 across 6 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $76,463,121$76,463,121
VIII-3 Investment incomeExcluded from tax $404,311$404,311
VIII-6 Net rental income or lossExcluded from tax $7,582,224$7,582,224
VIII-7 Net gain or loss on sales of assetsRelated to mission $18,136$18,136
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $965,875$965,875
VIII-12 Total revenueRelated to mission $77,447,132 · Excluded from tax $7,986,535$85,433,667
Part IX · Statement of functional expenses $85,433,667 across 6 lines filed
IX-4 Benefits paid to or for members$8,137,391
IX-7 Other salaries and wages$98,250
IX-20 Interest$2,997,150
IX-22 Depreciation, depletion and amortization$10,843,094
IX-24 Other expenses (24a–d)$62,670,857
IX-24e All other expenses$686,925
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$85,433,667
Part X · Balance sheet $240,245,197 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $686,756$55,613
X-2 Savings and temporary cash investmentsStart of year $16,855,736$4,939,187
X-4 Accounts receivableStart of year $4,062,444$2,398,071
X-8 Inventories for sale or useStart of year $6,432,490$6,120,254
X-9 Prepaid expenses and deferred chargesStart of year $4,045,144$4,215,194
X-10c Land, buildings and equipment, netStart of year $165,587,195$193,963,560
X-13 Program-related investmentsStart of year $28,660,742$28,553,318
X-16 Total assetsStart of year $226,330,507$240,245,197
X-17 Accounts payable and accrued expensesStart of year $12,090,733$18,429,777
X-25 Other liabilitiesStart of year $3,054,050$3,143,827
X-26 Total liabilitiesStart of year $67,617,118$76,727,423
X-32 Total net assets or fund balancesStart of year $158,713,389$163,517,774
X-33 Total liabilities and net assetsStart of year $226,330,507$240,245,197
Part XI · Reconciliation of net assets $163,517,774 net assets at year end
XI-1 Total revenue$85,433,667
XI-2 Total expenses$85,433,667
XI-3 Revenue less expenses$0
XI-4 Net assets at start of year$158,713,389
XI-9 Other changes in net assets$4,804,385
XI-10 Net assets at end of year$163,517,774

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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