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Filing year 2024

CENTRAL ELECTRIC POWER ASSOCIATION

Carthage, Mississippi·EIN 64-0132702·12
Total revenue
$115.1M
Total assets
$143.7M
Total expenses
$113.2M
Reported officers
18
Mission

TO PROVIDE ELECTRICITY IN RURAL CENTRAL MISSISSIPPI.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

General Manager
highest compensated employee
$271k
$287k
Base
$271k
Bonus
Other
Benefits
Director of HR
highest compensated employee
$183k
$195k
Base
$183k
Bonus
Other
Benefits
Director of Operations
$179k
$190k
Base
$179k
Bonus
Other
Benefits
Director of Engineering
highest compensated employee
$151k
$160k
Base
$151k
Bonus
Other
Benefits
Construction Coordinator
highest compensated employee
$150k
$159k
Director of Information Technology
chief information officer
$145k
$154k
Director of Accounting
highest compensated employee
$100k
$107k
Director
board member
$8k
$8k
Director
board member
$8k
$8k
Director
board member
$8k
$8k
Director
board member
$8k
$8k
Vice President
vice president
$8k
$8k
Director
board member
$8k
$8k
President
board president
$8k
$8k
Director
board member
$8k
$8k
Secretary/treasurer
board treasurer
$8k
$8k
Director
board member
$5k
$6k
Director
board member
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 12%
from 2023

From $241k in 2023 to $271k in 2024.

$241k
2023
$271k
2024
In today's dollarsEst.
Up 9% in real terms$263k to $287k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CENTRAL ELECTRIC POWER ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$108.9M
$106.2M
2023
$115.1M
$113.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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