Nonpartisan civic infrastructure
AllCiv·Legis1
·

Southwest Mississippi Electric

501(c)Fed auditsIRS 990
DBA: POWER ASSOCIATION
Other · LORMAN, MS · EIN 64-0244325

About

Member owned electric cooperative.

DBA Power Association

Donations are NOT tax-deductible
Category
Other
Employees
95
Volunteers
—

Financial Snapshot

FY ending 2024-12-31
Revenue
$65.7M
Expenses
$65.7M
Assets
$139.8M
Liabilities
$70.0M

Financial history

$65.7M$32.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $65.7M · Avg: $60.7M
SOUTHWEST MISSISSIPPI ELECTRIC
Your actions

Address

PO BOX 5
Lorman, MS, 39096-000

Governance

Voting board members10
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
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.