NonprofitsPowersouth Energy Cooperative

Powersouth Energy Cooperative

ANDALUSIA, AL

Total revenue

$859.7M

Total expenses

$845.1M

Net assets

$426.9M

Grants received

EIN

630238274

Tax year

2024

Mission

Cooperative utility system - producing & distributing wholesale electric power to and for cooperative members under the provisions of the rural electrification act of 1936.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$850.3M
Investment income$7.3M
Other revenue$2.2M
Total revenue$859.7M

Expenses

Grants paid
Salaries & benefits$9.4M
Fundraising
Other expenses$835.7M
Total expenses$845.1M
Total assets$2.7B
Net assets$426.9M

People

50 listed

NameRoleCompensation

GARY SMITH

President/CEO

Board

$2.0M

50 hrs/wk

MARK MORGAN

EVP/COO

Board

$1.4M

50 hrs/wk

ELIZABETH WOODARD

EVP/CFO

Board

$765K

50 hrs/wk

HORACE HORN

Senior VP of External Affairs

Board

$560K

50 hrs/wk

ARTHUR BRUNSON

VP of Legal and Corporate Affairs

Board

$452K

50 hrs/wk

MATTHEW DIAMOND

VP of POWER PRODUCTION

Board

$399K

50 hrs/wk

WILLIAM GRAHAM

VP of Power Supply

Board

$374K

50 hrs/wk

JOE ARMSTRONG

VP of Engineering & Operations

Board

$345K

50 hrs/wk

JOHN MATHESON

VP of STAFF SERVICES

Board

$332K

50 hrs/wk

TAYLOR WILLIAMS

VP of External Affairs

Board

$326K

50 hrs/wk

RODNEY HARRISON

BOARD MEMBER

Board

$28K

7 hrs/wk

TOM DUNCAN

BOARD MEMBER

Board

$25K

7 hrs/wk

WILLIE SMITH

BOARD MEMBER

Board

$24K

7 hrs/wk

TERRY MOSELEY

BOARD MEMBER

Board

$24K

7 hrs/wk

TOM STACKHOUSE

BOARD MEMBER

Board

$23K

7 hrs/wk

JOHN BARTLEY

BOARD MEMBER

Board

$23K

7 hrs/wk

DAVID BAILEY

BOARD MEMBER

Board

$23K

7 hrs/wk

GERALD EDMONDSON

BOARD MEMBER

Board

$23K

7 hrs/wk

KIP JUSTICE

BOARD MEMBER

Board

$23K

7 hrs/wk

JOSEPH COLEMAN

BOARD MEMBER

Board

$23K

7 hrs/wk

MARK PARKER

BOARD MEMBER

Board

$23K

7 hrs/wk

STACEY PARKER

BOARD MEMBER

Board

$23K

7 hrs/wk

JEFFREY HODGES

BOARD MEMBER

Board

$23K

7 hrs/wk

GARY HARRISON

BOARD MEMBER

Board

$23K

7 hrs/wk

BRAD KIMBRO

BOARD MEMBER

Board

$23K

7 hrs/wk

STEVEN SHEFFIELD

BOARD MEMBER

Board

$23K

7 hrs/wk

TOM MADDOX

BOARD MEMBER

Board

$22K

7 hrs/wk

MARILYN DAVIS

BOARD MEMBER

Board

$22K

7 hrs/wk

RYAN CAMPBELL

BOARD MEMBER

Board

$22K

7 hrs/wk

STEPHEN RHODES

BOARD MEMBER

Board

$22K

7 hrs/wk

BRAXTON GREEN

BOARD MEMBER

Board

$22K

7 hrs/wk

JON CULLIMORE

BOARD MEMBER

Board

$22K

7 hrs/wk

BOBBY BALLARD

BOARD MEMBER

Board

$21K

7 hrs/wk

JANE BRUNSON

BOARD MEMBER

Board

$21K

7 hrs/wk

WILLIE WRIGHT

BOARD MEMBER

Board

$21K

7 hrs/wk

ANN PARKMAN

BOARD MEMBER

Board

$21K

7 hrs/wk

TERRY MITCHELL

BOARD MEMBER

Board

$21K

7 hrs/wk

RICKY JONES

BOARD MEMBER

Board

$20K

7 hrs/wk

VINCE JOHNSON

BOARD MEMBER

Board

$20K

7 hrs/wk

ISABELL BOYD

BOARD MEMBER

Board

$20K

7 hrs/wk

BECKY BRACKE

BOARD MEMBER

Board

$18K

7 hrs/wk

SHAWN WALLING

BOARD MEMBER

Board

$16K

7 hrs/wk

KIM JACKSON

BOARD MEMBER

Board

$16K

7 hrs/wk

EARL JOHNSON

BOARD MEMBER

Board

$15K

7 hrs/wk

CARL GOODSON

BOARD MEMBER

Board

$14K

7 hrs/wk

JONATHAN ELLISON

Director of Technical Services

Staff

$261K

50 hrs/wk

JULIAN FARRINGTON

Manager of Planning, Compliance & REGULATION

Staff

$243K

50 hrs/wk

JAMES HATTAWAY

Energy Services Manager

Staff

$235K

50 hrs/wk

JAMES GRIMES

Power Production Engineering Manager

Staff

$221K

50 hrs/wk

DAVID PEARCE

Bulk Power, Fuels & Energy Resources Manager

Staff

$215K

50 hrs/wk

Independent contractors

H & M Construction

Construction

$3.5M

EcoSouth Services of Mobile

Waste Management

$2.7M

Modular Connections LLC

Construction

$2.6M

Asplundh Tree Expert LLC

Vegetation Management

$1.8M

Worrell Construction LLC

Construction

$1.3M

Details

EIN630238274
Subsection12
Ruling date1957-09
Formed1941
Employees610
Volunteers0
POWERSOUTH ENERGY COOPERATIVE — Mission, Financials & Grants Received | Grantivo