NonprofitsCoosa Valley Electric Cooperative Inc

Coosa Valley Electric Cooperative Inc

TALLADEGA, AL

Total revenue

$60.5M

Total expenses

$60.5M

Net assets

$71.0M

Grants received

EIN

630049012

Tax year

2024

Mission

Coosa Valley Electric Cooperative is a member owned and operated total energy cooperative providing economic and community development while delivering high quality services at competitive rates with competent and well-trained employees adhering to strong and ethical business practices.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$53.9M
Investment income$137K
Other revenue$6.4M
Total revenue$60.5M

Expenses

Grants paid$29K
Salaries & benefits
Fundraising
Other expenses$54.3M
Total expenses$60.5M
Total assets$214.1M
Net assets$71.0M

People

14 listed

NameRoleCompensation

Jon Cullimore

General Manager

Board

$219K

50 hrs/wk

Kim Maye

CFO

Board

$142K

50 hrs/wk

Sammy Gallman

Director

Board

$31K

5 hrs/wk

Marilyn George Davis

President

Board

$29K

5 hrs/wk

Dennis Brasher

Director

Board

$28K

5 hrs/wk

Christine Garrett

Director

Board

$27K

5 hrs/wk

Robert Dixon

Director

Board

$27K

5 hrs/wk

Michael Hubbard

Secretary/Treasurer

Board

$26K

5 hrs/wk

Mary Land

Vice President

Board

$17K

5 hrs/wk

Matt Walker

Crew Chief Lineman

Staff

$159K

50 hrs/wk

Robert Smith

Manager of Operations

Staff

$155K

50 hrs/wk

Roy Henderson

Crew Chief Lineman

Staff

$154K

50 hrs/wk

Allen Perly

Crew Chief Lineman

Staff

$148K

50 hrs/wk

Spencer Whisenant

Mgr Engineering

Staff

$121K

50 hrs/wk

Independent contractors

Utility Design Partners

Fiber Internet Design

$2.5M

Broadband Technical Resources Inc

Fiber Internet Labor

$2.2M

Southern States Utility LLC

Fiber Internet Labor

$1.1M

Stewart Engineering

Engineering Services

$384K

Ervin Cable Construction LLC

Fiber Construction

$248K

Details

EIN630049012
Subsection12
Ruling date1944-03
Formed1939
Employees81
Volunteers0
COOSA VALLEY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo