Nonprofits›Marshall-Dekalb Electric Cooperative
Marshall-Dekalb Electric Cooperative
BOAZ, AL
Total revenue
$20.4M
Total expenses
$17.5M
Net assets
$73.0M
Grants received
—
EIN
630132555
Tax year
2024
Mission
Sale of electric power
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$706K
Investment income$252K
Other revenue$19.4M
Total revenue$20.4M
Expenses
Grants paid—
Salaries & benefits$2.6M
Fundraising—
Other expenses$14.9M
Total expenses$17.5M
Total assets$110.0M
Net assets$73.0M
People
11 listed
NameRoleCompensation
TERRY EDMONDSON
PRESIDENT
Board
$17K
5 hrs/wk
BOBBY WEATHERS
SEC/TREAS
Board
$15K
5 hrs/wk
BRIEN PHILLIPS
TRUSTEE
Board
$14K
5 hrs/wk
BRIGGS PATTERSON
TRUSTEE
Board
$14K
5 hrs/wk
STEVE HENLEY
TRUSTEE
Board
$14K
5 hrs/wk
TERRY JOHNSON
TRUSTEE
Board
$13K
5 hrs/wk
WILLIAM G HULGAN
TRUSTEE
Board
$13K
5 hrs/wk
JERRY SCOTT
TRUSTEE
Board
$13K
5 hrs/wk
STEPHEN P DAVIS
VICE PRESIDENT
Board
$13K
5 hrs/wk
WILLIAM S BOBO
MANAGER
Staff
$185K
40 hrs/wk
ERIC LESTER
CHIEF ENGINEER
Staff
$165K
40 hrs/wk
Independent contractors
CORBITT POWER AND LIGHT LLC
INSTALLATION AND SERVICING OF UTILITY LI
EXELERON SOFTWARE LLC
SOFTWARE
Details
EIN630132555
Subsection12
Ruling date0000-00
Formed1941
Employees55
Volunteers0