NonprofitsCoast Electric Power Assn

Coast Electric Power Assn

BAY ST LOUIS, MS

Total revenue

$254.9M

Total expenses

$254.9M

Net assets

$235.3M

Grants received

EIN

640169075

Tax year

2024

Mission

To provide electricity to rural areas of Hancock, Harrison, and Pearl River counties.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$242.0M
Investment income$268K
Other revenue$12.6M
Total revenue$254.9M

Expenses

Grants paid
Salaries & benefits$2.8M
Fundraising
Other expenses$243.4M
Total expenses$254.9M
Total assets$564.3M
Net assets$235.3M

People

19 listed

NameRoleCompensation

Ron Barnes

CEO

Board

$541K

49 hrs/wk

John Holston

CFO

Board

$375K

39 hrs/wk

Louis Lee Jr

COO

Board

$285K

55 hrs/wk

Wilson Eaton

VP of HR and Staff Attorn

Board

$260K

40 hrs/wk

Paul Guichet

Director

Board

$49K

10 hrs/wk

Charles Lopez

Director / Treasurer

Board

$47K

7.5 hrs/wk

James Baldree

Director / Vice Chairman

Board

$47K

10 hrs/wk

Gordon Redd Jr

Director

Board

$43K

10.2 hrs/wk

William Mooney

Director/Chairman

Board

$42K

8.5 hrs/wk

Richard Dossett

Director

Board

$42K

9 hrs/wk

Gilbert Arceneaux

Director

Board

$41K

9.9 hrs/wk

Teri Eaton

Director

Board

$39K

5 hrs/wk

Frank McClinton

Director

Board

$37K

8.5 hrs/wk

Charles S Brown

Sr. VP Engineering & Operations

Staff

$321K

55 hrs/wk

Guy Johnson

VP ECO

Staff

$270K

45 hrs/wk

Melissa Russo

VP COMM, PR, MBR SVC

Staff

$249K

43 hrs/wk

Archie Dickens

VP Sfty & Comp

Staff

$246K

40 hrs/wk

Steven Broussard

VP of Engineering

Staff

$216K

55 hrs/wk

Kendall Ladner

VP OPS

Staff

$206K

50 hrs/wk

Independent contractors

Ervin Cable Construction LLC

Construction-Fiber

$5.5M

Davey Tree Expert Company

Right of Way Contract

$2.2M

DCL Construction LLC

Line Locates

$1.3M

ITG Communications LLC

Construction-Fiber Drops

$1.2M

Corbitt Power & Light LLC

Construction - Power Lines

$282K

Details

EIN640169075
Subsection12
Ruling date1946-08
Formed1937
Employees315
Volunteers0
COAST ELECTRIC POWER ASSN — Mission, Financials & Grants Received | Grantivo