- Revenue 2024
- $160,494,267
- Expenses 2024
- $164,902,056
As filed
- Subsection
- 12
- Classification
- 1000
- Street
- 7625 HIGHWAY 6
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
THE COOPERATIVE'S AND ITS SUBSIDIARIES' MISSION IS TO PROVIDE QUALITY SERVICE (ELECTRICITY, WATER, WASTEWATER, INTERNET, & SOLAR) AT A REASONABLE PRICE, BRINGING VITAL SERVICES TO INCREASE BOTH THE QUALITY OF LIFE AND ECONOMIC HEALTH IN THE MID-SOUTH SYNERGY SERVICE AREA.
Activities or mission (Part I)
TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.
-
PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 41,766 ACTIVE SERVICES AT YEAR END.
-
COMMUNICATIONS DIVISION:PROVIDING BROADBAND INTERNET SERVICES THROUGH THE CONSTRUCTION OF A FIBER OPTIC NETWORK. WHEN CUMULATIVE NET MARGINS DERIVED FROM MEMBER SALES OF BROADBAND INTERNET SERVICES EXCEED CUMULATIVE NET LOSSES FROM SUCH SALES, THE COOPERATIVE WILL ALLOCATE PATRONAGE CAPITAL TO THE MEMBERS. THERE WERE 15,866 SUBSCRIBERS AT YEAR END.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Dennis McWhorterDENNIS MCWHORTER
DIRECTOR
- Total calculated
- $24,049
- From this org
- $24,049
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.5 + 1 related
-
James MorrisonJAMES MORRISON
VICE PRESIDENT
- Total calculated
- $17,884
- From this org
- $17,884
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.4 + 1 related
-
Kenneth McDougaldKENNETH MCDOUGALD
SECRETARY/TREASURER
- Total calculated
- $12,403
- From this org
- $12,403
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.7 + 1 related
-
Marshall ShirleyMARSHALL SHIRLEY
PRESIDENT
- Total calculated
- $32,761
- From this org
- $32,761
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9.9 + 1 related
-
Paul MalekPAUL MALEK
DIRECTOR
- Total calculated
- $14,782
- From this org
- $14,782
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.1 + 1 related
-
Robert PierceROBERT PIERCE
DIRECTOR (JAN-FEB)
- Total calculated
- $800
- From this org
- $800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Russell WatsonRUSSELL WATSON
DIRECTOR
- Total calculated
- $20,952
- From this org
- $20,952
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.8 + 1 related
-
Steve DriverSTEVE DRIVER
DIRECTOR
- Total calculated
- $29,798
- From this org
- $29,798
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9.2 + 1 related
-
Aimee PavelockAIMEE PAVELOCK
DIRECTOR (MAY-DEC)
- Total calculated
- $15,288
- From this org
- $15,288
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.7 + 1 related
-
Kerry KeltonKERRY KELTON
GENERAL MANAGER/CEO
- Total calculated
- $761,589
- From this org
- $614,127
- From related orgs
- $0
- Other
- $147,462
- Hours/week
- 60 + 1 related
Schedule J breakdown matched by us
- Base
- $413,638
- Bonus
- $25,527
- Other
- $174,962
- Deferred
- $115,346
- Nontaxable benefits
- $32,116
- Filer's total
- $761,589
-
Troy MorrisTROY MORRIS
SR. VICE PRESIDENT
- Total calculated
- $483,582
- From this org
- $373,919
- From related orgs
- $0
- Other
- $109,663
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $295,860
- Bonus
- $18,542
- Other
- $59,517
- Deferred
- $77,547
- Nontaxable benefits
- $32,116
- Filer's total
- $483,582
-
Michael McDougaldMICHAEL MCDOUGALD
SR. VICE PRESIDENT
- Total calculated
- $491,609
- From this org
- $379,682
- From related orgs
- $0
- Other
- $111,927
- Hours/week
- 50 + 1 related
Schedule J breakdown matched by us
- Base
- $294,660
- Bonus
- $18,564
- Other
- $66,458
- Deferred
- $79,824
- Nontaxable benefits
- $32,103
- Filer's total
- $491,609
-
Andrew DallmeyerANDREW DALLMEYER
SR. VICE PRESIDENT
- Total calculated
- $487,984
- From this org
- $396,182
- From related orgs
- $0
- Other
- $91,802
- Hours/week
- 50 + 1 related
Schedule J breakdown matched by us
- Base
- $288,798
- Bonus
- $18,545
- Other
- $88,839
- Deferred
- $58,202
- Nontaxable benefits
- $33,600
- Filer's total
- $487,984
-
Russell SmithRUSSELL SMITH
SR. VICE PRESIDENT
- Total calculated
- $347,386
- From this org
- $319,635
- From related orgs
- $0
- Other
- $27,751
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $227,364
- Bonus
- $35,054
- Other
- $57,217
- Deferred
- $27,751
- Nontaxable benefits
- $0
- Filer's total
- $347,386
-
David WilliamsDAVID WILLIAMS
VP - OPERATIONS
- Total calculated
- $346,100
- From this org
- $263,395
- From related orgs
- $0
- Other
- $82,705
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $183,895
- Bonus
- $11,612
- Other
- $67,888
- Deferred
- $52,977
- Nontaxable benefits
- $29,728
- Filer's total
- $346,100
-
Brandon NorthcutBRANDON NORTHCUT
VP - TECHNOLOGY
- Total calculated
- $322,396
- From this org
- $257,695
- From related orgs
- $0
- Other
- $64,701
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $191,523
- Bonus
- $12,224
- Other
- $53,948
- Deferred
- $32,585
- Nontaxable benefits
- $32,116
- Filer's total
- $322,396
-
Justin StapeltonJUSTIN STAPELTON
VP - GOVERNMENT RELATIONS
- Total calculated
- $245,151
- From this org
- $190,749
- From related orgs
- $0
- Other
- $54,402
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,609
- Bonus
- $9,402
- Other
- $38,738
- Deferred
- $23,759
- Nontaxable benefits
- $30,643
- Filer's total
- $245,151
-
Cathy BarkerCATHY BARKER
VP - HR & SAFETY
- Total calculated
- $254,403
- From this org
- $202,762
- From related orgs
- $0
- Other
- $51,641
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $156,996
- Bonus
- $10,318
- Other
- $35,448
- Deferred
- $26,846
- Nontaxable benefits
- $24,795
- Filer's total
- $254,403
-
Melanie CaballeroMELANIE CABALLERO
VP - COMPLIANCE
- Total calculated
- $293,568
- From this org
- $200,463
- From related orgs
- $0
- Other
- $93,105
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $137,761
- Bonus
- $9,421
- Other
- $53,281
- Deferred
- $65,064
- Nontaxable benefits
- $28,041
- Filer's total
- $293,568
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $160,494,267
- Expenses
- $164,902,056
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $151,151,344
- Expenses
- $148,656,414
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $151,349,587
- Expenses
- $148,222,587
- Contributions
- $0
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $112,304,236
- Expenses
- $113,184,909
- Assets (EOY)
- $452,923,341
-
2020 · 990
- Revenue
- $91,529,673
- Expenses
- $90,484,210
- Assets (EOY)
- $371,819,528
-
2019 · 990
- Revenue
- $90,010,923
- Expenses
- $88,738,046
- Assets (EOY)
- $314,645,801
-
2018 · 990
- Revenue
- $87,426,103
- Expenses
- $86,023,622
- Assets (EOY)
- $294,662,972
-
2017 · 990
- Revenue
- $80,157,755
- Expenses
- $78,038,758
- Assets (EOY)
- $273,994,511
-
2016 · 990
- Revenue
- $71,659,633
- Expenses
- $70,478,792
- Assets (EOY)
- $243,073,584
-
2015 · 990
- Revenue
- $71,721,279
- Expenses
- $70,315,163
- Assets (EOY)
- $212,506,073
-
2014 · 990
- Revenue
- $73,494,562
- Expenses
- $72,992,148
- Assets (EOY)
- $195,651,104
-
2013 · 990
- Revenue
- $65,112,978
- Expenses
- $63,298,363
- Assets (EOY)
- $191,102,529
-
2012 · 990
- Revenue
- not reported
- Expenses
- $59,479,777
- Assets (EOY)
- $168,842,674
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2025 DONATION TO OFFICER BUTLER FUND
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
MID-SOUTH SYNERGY CHARITABLE FOUNDATION
501(C)(3) · GRANTS AND SCHOLARSHIPS · TX · controlled entity
Declared as related by
-
MID-SOUTH SYNERGY CHARITABLE FOUNDATION INC
On its 2025 return
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
MSEC WHOLESALE SERVICES LLC
WHOLESALE WATER SALES · TX · income $0 · assets $0
-
MSEC COMMUNICATIONS LLC
INTERNET · TX · income $18,891,263 · assets $36,414,683
Related corporations and trusts on its 2024 return
-
MSEC ENTERPRISES INC & SUBSIDIARY
C · WATER DISTRIBUTION; RETRO FITTING METERS · TX · 100% owned · share of income $10,334,829 · share of assets $81,081,911 · controlled entity
-
MSEC WASTE WATER
C · WASTE WATER (SEWER) · TX · 100% owned · share of income $506,960 · share of assets $7,892,776 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.