Totals
- Total revenue
- $87,097,640
- Total expenses
- $87,097,640
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $77,730,343
- Investment income
- $461,315
- Other revenue
- $8,905,982
- Total assets, end of year
- $226,330,507
- Total liabilities, end of year
- $67,617,118
- Net assets or fund balances, end of year
- $158,713,389
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: SALE OF ELECTRICITY
total $76,921,886 · related or exempt $76,921,886
-
2b · Program service revenue: SERVICE RELATED REVENUE
total $749,296 · related or exempt $749,296
-
2c · Program service revenue: CAPITAL CREDITS
total $59,161 · related or exempt $59,161
-
3 · Investment income
total $404,672 · excluded $404,672
-
6a · Gross rents
real property $6,902,735
-
6c · Rental income or loss
real property $6,902,735
-
6d · Net rental income or loss
total $6,902,735 · excluded $6,902,735
-
7a · Gross sales of assets other than inventory
securities $56,643
-
7c · Gain or loss
securities $56,643
-
7d · Net gain or loss
total $56,643 · related or exempt $56,643
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $1,663,797 · related or exempt $1,663,797
-
11b · Other revenue: NET INCOME FROM DELTA FIBER
total $339,450 · related or exempt $339,450
-
11e · Other revenue, total
$2,003,247
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $13,175,001
-
7 · Other salaries and wages
total $99,250
-
20 · Interest
total $1,917,996
-
22 · Depreciation, depletion and amortization
total $9,960,549
-
24a · Other expenses: COST OF POWER
total $45,383,089
-
24b · Other expenses: DISTR. EXP. MAINTENANCE
total $8,675,012
-
24c · Other expenses: ADMIN. & GENERAL
total $4,835,041
-
24d · Other expenses: DISTR. EXP. OPERATIONS
total $2,355,694
-
24e · All other expenses
total $696,008
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $686,756
-
2 · Savings and temporary cash investments
beginning of year $2,991,770 · end of year $16,855,736
-
4 · Accounts receivable
beginning of year $2,749,573 · end of year $4,062,444
-
8 · Inventories for sale or use
beginning of year $6,231,945 · end of year $6,432,490
-
9 · Prepaid expenses and deferred charges
beginning of year $3,922,650 · end of year $4,045,144
-
10a · Land, buildings and equipment: cost or other basis
$289,344,440
-
10b · Land, buildings and equipment: accumulated depreciation
$123,757,245
-
10c · Land, buildings and equipment, net
beginning of year $148,557,180 · end of year $165,587,195
-
13 · Investments: program-related
beginning of year $27,972,413 · end of year $28,660,742
-
17 · Accounts payable and accrued expenses
beginning of year $13,528,257 · end of year $12,090,733
-
23 · Secured mortgages and notes payable
beginning of year $27,184,282 · end of year $52,472,335
-
25 · Other liabilities
beginning of year $2,886,974 · end of year $3,054,050
-
29 · Capital stock, trust principal or current funds
beginning of year $88,330 · end of year $88,825
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $12,845,491 · end of year $14,052,630
-
31 · Retained earnings, endowment or other funds
beginning of year $135,892,197 · end of year $144,571,934
Mission and programs · 2024
Mission
TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT THE MOST AFFORDABLE COST.
-
PROVIDED RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT THE MOST AFFORDABLE COST.
As filed on the 2024 return.
Listed in Part VII
-
Harold PittmanHAROLD PITTMAN
GENERAL MANA
- Total calculated
- $327,997
- From this org
- $239,208
- From related orgs
- $23,600
- Other
- $65,189
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $239,208 + $23,600 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- $65,189
- Nontaxable benefits
- not reported
- Filer's total
- $304,397 + $23,600 related
-
Jerry W HollowayJERRY W HOLLOWAY
HIGHEST COMP
- Total calculated
- $223,403
- From this org
- $183,994
- From related orgs
- $0
- Other
- $39,409
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,994
- Bonus
- not reported
- Other
- not reported
- Deferred
- $39,409
- Nontaxable benefits
- not reported
- Filer's total
- $223,403
-
Robert J SealROBERT J SEAL
HIGHEST COMP
- Total calculated
- $205,386
- From this org
- $169,392
- From related orgs
- $0
- Other
- $35,994
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,392
- Bonus
- not reported
- Other
- not reported
- Deferred
- $35,994
- Nontaxable benefits
- not reported
- Filer's total
- $205,386
-
Ds O'BryanDS O'BRYAN
GENERAL MGR.
- Total calculated
- $204,964
- From this org
- $126,372
- From related orgs
- $11,600
- Other
- $66,992
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,372 + $11,600 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- $66,992
- Nontaxable benefits
- not reported
- Filer's total
- $193,364 + $11,600 related
-
Michael MaloneyMICHAEL MALONEY
SECRETARY/TR
- Total calculated
- $159,292
- From this org
- $125,172
- From related orgs
- $0
- Other
- $34,120
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,172
- Bonus
- not reported
- Other
- not reported
- Deferred
- $34,120
- Nontaxable benefits
- not reported
- Filer's total
- $159,292
-
Harry L HowarthHARRY L HOWARTH
PRESIDENT
- Total calculated
- $47,935
- From this org
- $13,000
- From related orgs
- $34,935
- Other
- $0
- Hours/week
- 3
-
Marsha L DepriestMARSHA L DEPRIEST
VICE PRESIDE
- Total calculated
- $9,000
- From this org
- $9,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Charles R HullCHARLES R HULL
DIRECTOR
- Total calculated
- $9,000
- From this org
- $9,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Walter R PillowWALTER R PILLOW
DIRECTOR
- Total calculated
- $9,000
- From this org
- $9,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Emery D SkeltonEMERY D SKELTON
DIRECTOR
- Total calculated
- $9,000
- From this org
- $9,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Kt StreaterKT STREATER
DIRECTOR
- Total calculated
- $9,000
- From this org
- $9,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Bruce A BranchBRUCE A BRANCH
DIRECTOR
- Total calculated
- $8,250
- From this org
- $8,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
M Wayne BushM WAYNE BUSH
DIRECTOR
- Total calculated
- $8,250
- From this org
- $8,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
John A DentonJOHN A DENTON
DIRECTOR
- Total calculated
- $8,250
- From this org
- $8,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Chris WatererCHRIS WATERER
DIRECTOR
- Total calculated
- $7,500
- From this org
- $7,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Hugh ArantHUGH ARANT
DIRECTOR DEC
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
DELTA FIBER LLC
C CORP · BROADBAND · MS
Directly controlled by DELTA ELEC DELTA ELECTRIC POWER ASSOCIATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202521339349306257
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