Overview
What is Yazoo Valley Electric Power Association?
Yazoo Valley Electric Power Association is a nonprofit organization located in Yazoo City, Mississippi. With over 2,100 miles of electrical distribution lines and substations, they deliver approximately 566 million kWh of electrical energy to around 10,000 accounts, serving residential, commercial, agricultural, and industrial members in rural west-central Mississippi. The association's primary mission is to distribute electrical power to its members at the most affordable cost possible. It operates with a workforce of 62 employees and focuses on delivering reliable electricity to enhance the daily lives of its members.
Official website here: www.yazoovalley.com
Is Yazoo Valley Electric Power Association legitimate?
Yazoo Valley Electric Power Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Yazoo Valley Electric Power Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $566,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.yazoovalley.com
What is the mission statement of Yazoo Valley Electric Power Association?
The Yazoo Valley Electric Power Association serves the purpose of delivering electrical power to its members in a cost-effective manner. The organization utilizes extensive electrical distribution lines and substations to provide approximately 566 million kilowatt-hours of electrical energy to roughly 10,000 accounts. These accounts consist of residential, commercial, agricultural, and industrial members. Yazoo Valley Electric Power Association's mission prioritizes affordability while ensuring reliable electrical power distribution to its community.
Official website here: www.yazoovalley.com
Who is the CEO of Yazoo Valley Electric Power Association?
Michael K Neely Jr is the General Mana of Yazoo Valley Electric Power Association.
Official website here: www.yazoovalley.com
What is the revenue of Yazoo Valley Electric Power Association?
Yazoo Valley Electric Power Association's revenue in 2022 was $56,481,744.
Official website here: www.yazoovalley.com
Who are the executives of Yazoo Valley Electric Power Association and what are their salaries?
The average compensation at Yazoo Valley Electric Power Association during 2022 was $9,143. There are 62 employees at Yazoo Valley Electric Power Association.
Here are 14 key members and their salaries:
- Compensation: $212,521
- Related: $0
- Other: $111,855
- Compensation: $163,670
- Related: $0
- Other: $78,839
- Compensation: $128,854
- Related: $0
- Other: $84,518
- Compensation: $121,637
- Related: $0
- Other: $69,783
- Compensation: $122,248
- Related: $0
- Other: $61,685
- Compensation: $118,436
- Related: $0
- Other: $65,494
- Compensation: $119,228
- Related: $0
- Other: $50,583
- Compensation: $15,932
- Related: $0
- Other: $0
- Compensation: $11,841
- Related: $0
- Other: $0
- Compensation: $11,739
- Related: $0
- Other: $0
- Compensation: $11,499
- Related: $0
- Other: $0
- Compensation: $11,463
- Related: $0
- Other: $0
- Compensation: $11,122
- Related: $0
- Other: $0
- Compensation: $10,329
- Related: $0
- Other: $0
Official website here: www.yazoovalley.com
Where can I find the form 990 for Yazoo Valley Electric Power Association?
Yazoo Valley Electric Power Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yazoovalley.com
Learn more at the official website: www.yazoovalley.com
Mission Statement of Yazoo Valley Electric Power Association
Yazoo Valley Electric Power Association, a crucial utility provider, is dedicated to the mission of distributing electrical power to its members at the most affordable cost possible. Established with the primary purpose of energy delivery, the Association utilizes an extensive network of over 2100 miles of electrical distribution lines and substations to bring approximately 566 million KWhs of electrical energy to approximately 10,000 accounts. These accounts cater to a diverse range of consumers, including residential, commercial, agricultural, and industrial members, primarily in rural west-central Mississippi. By prioritizing cost effectiveness, Yazoo Valley Electric Power Association ensures that its services are accessible to its community, powering their daily lives and contributing to the region's economic growth.
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Impact
October, 2024
Yazoo Valley Electric Power Association plays a crucial role in the rural communities of west-central Mississippi by delivering reliable electrical power to its members. Operating over 2,100 miles of distribution lines and substations, the association provides approximately 566 million kilowatt-hours of energy annually to about 10,000 accounts, which include residential, commercial, agricultural, and industrial users. This extensive network ensures that members have access to essential electricity, which supports everyday activities, economic growth, and development in the region. By focusing on providing power at the lowest possible cost, Yazoo Valley Electric enhances the quality of life for its members while contributing to the sustainability and advancement of rural Mississippi.
This information is meant to be a general summary of Yazoo Valley Electric Power Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $109,714
- Program Service Revenue: $55,161,985
- Gross Receipts: $56,481,744
Assets and Liabilities:
- Total Assets: $93,201,695
- Total Liabilities: $40,616,627
- Net Assets: $52,585,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATING REVENUE
Revenue
$54,817,166
QUALIFIED POLE RENTAL
Revenue
$344,819
Organization Details
Founding Year
1937
Phone
(662) 746-4251Principal Officer
Michael K Neely Jr
Main Address
PO BOX 8, YAZOO CITY, MS, 39194
Website
www.yazoovalley.comNTEE Category
Code: W80 - Public benefit
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