NonprofitsCooperative Energy A Mississippi Electric Cooperative

Cooperative Energy A Mississippi Electric Cooperative

HATTIESBURG, MS

Total revenue

$1.0B

Total expenses

$1.0B

Net assets

$474.9M

Grants received

EIN

640367992

Tax year

2024

Mission

Provide and transmit through generation and purchase of electricity, wholesale electricity to 11 member owned distribution cooperatives, each serving retail consumers.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.0B
Investment income$3.0M
Other revenue
Total revenue$1.0B

Expenses

Grants paid$169K
Salaries & benefits$80.1M
Fundraising
Other expenses$921.6M
Total expenses$1.0B
Total assets$2.3B
Net assets$474.9M

People

38 listed

NameRoleCompensation

JEFF BOWMAN

PRESIDENT/CEO

Board

$1.1M

55 hrs/wk

GARY HUTSON

SR VICE PRESIDENT/COO

Board

$381K

50 hrs/wk

CHRISTA BISHOP

SR VICE PRESIDENT/CCO

Board

$359K

50 hrs/wk

KEVIN GRACE

SR. VICE PRESIDENT/ CFO

Board

$340K

44 hrs/wk

DON HINTON

SR VICE PRESIDENT/CCO

Board

$336K

45 hrs/wk

KEVIN BONDS

DIRECTOR

Board

$40K

4.2 hrs/wk

RICHARD THOMS

DIRECTOR

Board

$39K

2.25 hrs/wk

WILLIAM SMITH

DIRECTOR

Board

$37K

8.3 hrs/wk

MIKE TYNER

DIRECTOR

Board

$36K

4.69 hrs/wk

LOUIS THOMPSON

DIRECTOR

Board

$35K

1.98 hrs/wk

RONALD BARNES

DIRECTOR

Board

$35K

2.37 hrs/wk

HARRY HOWARTH

DIRECTOR

Board

$34K

1.56 hrs/wk

BRYAN THOMAS

DIRECTOR

Board

$34K

1.74 hrs/wk

JOEL CUNNINGHAM

DIRECTOR

Board

$34K

2.18 hrs/wk

RANDY WOOLLEY

DIRECTOR

Board

$33K

1.89 hrs/wk

DANNY WILKS

DIRECTOR

Board

$33K

2.15 hrs/wk

CARL FULLER

DIRECTOR

Board

$33K

2.26 hrs/wk

TERI EATON

DIRECTOR

Board

$33K

1.45 hrs/wk

KEITH HURT

DIRECTOR

Board

$33K

5.31 hrs/wk

MICHAEL NEELY

DIRECTOR

Board

$33K

4.36 hrs/wk

ROBERT SMITH

DIRECTOR

Board

$32K

1.94 hrs/wk

CHRIS RHODES

DIRECTOR

Board

$32K

0.7 hrs/wk

RANDY SMITH

DIRECTOR

Board

$32K

1.78 hrs/wk

BRIAN HUGHEY

DIRECTOR

Board

$32K

2.49 hrs/wk

MATTHEW WARE

DIRECTOR

Board

$31K

1.77 hrs/wk

HAROLD PITTMAN

DIRECTOR

Board

$24K

2.11 hrs/wk

LESLIE HOLLOWAY

DIRECTOR

Board

$18K

2.05 hrs/wk

DOUGLAS MOONEY

DIRECTOR

Board

$18K

2.35 hrs/wk

ROBERT STEELE

DIRECTOR

Board

$17K

0.65 hrs/wk

RICHARD DOSSETT

DIRECTOR

Board

$17K

1.38 hrs/wk

HOWARD DAVIS

DIRECTOR

Board

$15K

1.39 hrs/wk

DAVID O'BRYAN

DIRECTOR

Board

$12K

2.73 hrs/wk

TIMOTHY PERKINS

DIRECTOR

Board

$2K

0.88 hrs/wk

MARK SMITH

SR VICE PRESIDENT POWER GE

Staff

$354K

48 hrs/wk

JAMES EVANS

SR VICE PRESIDENT/POWER DE

Staff

$306K

45 hrs/wk

BRANDON SANDERS

PLANT SUPERINTENDENT

Staff

$228K

43 hrs/wk

MARK DODD

VP INFORMATION SYSTEMS

Staff

$223K

42 hrs/wk

JEFF BROWN

PLANT SUPERINTENDENT

Staff

$219K

50 hrs/wk

Independent contractors

SIEMENS ENERGY INC

PLANT MAINTENANCE SERVICES

$35.5M

GE VERNOVA INTERNATIONAL LLC

PLANT MAINTENANCE SERVICES

$12.5M

BURNS AND MCDONNELL ENGINEERING CO INC

ENGINEERING & CAP PROJ

$6.0M

CHAIN ELECTRIC COMPANY

ENGINEERING & CAP PROJ

$5.9M

STUART C IRBY COMPANY

PLANT MAINTENANCE SERVICES

$3.8M

Details

EIN640367992
Subsection12
Ruling date1968-02
Formed1941
Employees572
Volunteers0
COOPERATIVE ENERGY A MISSISSIPPI ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo