#148 of 500 · Member & Benefit Funds

Cooperative Energy A Mississippi Electric Cooperative

EIN 64-0367992 · MS · NTEE n/a · Form 990, fiscal 2023

A not-for-profit, member-owned generation and transmission electric cooperative headquartered in Hattiesburg, Mississippi. Founded in 1941, it generates and transmits wholesale electricity to 11 member distribution cooperatives that together serve more than 450,000 homes and businesses across much of Mississippi. It operates a mix of natural gas, coal, nuclear and solar generation and roughly 1,800 miles of high-voltage transmission lines.

Financials, fiscal 2023

Revenue

$1.01B

Expenses

$1.01B

Total assets

$2.24B

Net assets

$465.1M

Operating margin

0.0%

1-year growth

5.5%

5-year growth (CAGR)

7.0%

Reserve (years of spending)

5.5

Contributions share

n/a

Programme spending

99.8%

Fundraising cost

n/a

Executive pay share

0.54%

Employees

568

Revenue per employee

$1.8M

Grants paid

$397K

Years filing

55

NFP Health Score: 73 / 100

Financial 49 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To deliver to our members reliable and affordable energy in a safe and environmentally-responsible manner.

Revenue history