Check before you give

Prentiss County Electric Power Assn

EIN 64-0225540 · Booneville, MS

Public records raise at least one point you should look into before giving.

What it says it does

Retail sale of electricity and providing internet service to members.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (15)

$30.4 million spent. Power Purchases
$1.9 million spent. Salaries and wages charged directly to expense
$2.9 million spent. Depreciation on buildings equipment and electrical plant for the year
$1.2 million spent. Distribution Expense
$574,035 spent. Customer Account Expense
$31,292 spent. Customer Service Expense
$83,647 spent. Administrative & General Expense
$4.2 million spent. Maintenance Expense
$16,679 spent. Miscellaneous Expense
$58,764 spent. Rent & Lease Expense
$24,690 spent. Sales Expense
$357,982 spent. Interest Expense
$553,843 spent. Payroll Taxes & Other Taxes
$603,031 spent. Pension Plan Benefits
$422,913 spent. Other Employee Benefits

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(12) benevolent life insurance association or utility cooperative.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(12) benevolent life insurance association or utility cooperative as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1937.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.