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Magnolia Electric Power Association

501(c)Fed auditsIRS 990
DBA: % DWAYNE BANKSTON
Other · MCCOMB, MS · EIN 64-0195613

About

Member owned electric cooperative.

In care of Dwayne Bankston

Donations are NOT tax-deductible
Category
Other
Employees
111
Volunteers
—

Financial Snapshot

FY ending 2022-12-31
Revenue
$83.4M
Expenses
$83.4M
Assets
$198.7M
Liabilities
$90.0M

Financial history

$83.4M$41.7M$0
16171819202122
RevenueExpenses
Latest FY2022: $83.4M · Avg: $79.0M
MAGNOLIA ELECTRIC POWER ASSOCIATION
Your actions

Address

PO BOX 747
Mccomb, MS, 39649-074

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.