NonprofitsSand Mountain Electric Cooperative

Sand Mountain Electric Cooperative

RAINSVILLE, AL

Total revenue

$89.6M

Total expenses

$86.5M

Net assets

$77.6M

Grants received

EIN

630182345

Tax year

2024

Mission

The cooperative provides electricity to its members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$87.8M
Investment income$271K
Other revenue$1.5M
Total revenue$89.6M

Expenses

Grants paid
Salaries & benefits$8.6M
Fundraising
Other expenses$77.9M
Total expenses$86.5M
Total assets$125.5M
Net assets$77.6M

People

20 listed

NameRoleCompensation

JOSEPH BATES

CEO/GENERAL MANAGER

Board

$162K

45 hrs/wk

TYLER COOPER

CFO/MANAGER OF FINANCE

Board

$161K

45 hrs/wk

RANDY L BAILEY

TRUSTEE

Board

$36K

3 hrs/wk

BRAD GILBERT

TRUSTEE

Board

$36K

3 hrs/wk

DANNY LACEY

TRUSTEE

Board

$34K

3 hrs/wk

LARRY G GODWIN

VICE-PRESIDENT

Board

$33K

4 hrs/wk

TERRY SMITH

TRUSTEE

Board

$25K

3 hrs/wk

ROLAND HENDON

SECRETARY/TREASURER

Board

$25K

4 hrs/wk

LUKE FREEMAN

TRUSTEE

Board

$23K

3 hrs/wk

DAVID HENDERSON

PRESIDENT

Board

$23K

5 hrs/wk

BRENT THOMAS

TRUSTEE

Board

$19K

3 hrs/wk

MARK MALONE

FORMER CEO/GENERAL MANAGER

Staff

$283K

45 hrs/wk

KEVIN ANDERSON

COO

Staff

$222K

45 hrs/wk

RANDY D MOODY

JOURNEYMAN LINEMAN

Staff

$155K

45 hrs/wk

LARRY COOTS

SUPERINTENDENT OF OPERATIONS

Staff

$150K

45 hrs/wk

DERRICK PADDOCK

JOURNEYMAN LINEMAN

Staff

$147K

45 hrs/wk

DIANE B HALE

MANAGER OF MEMBER SERVICES

Staff

$146K

45 hrs/wk

JOEY DALTON

JOURNEYMAN LINEMAN

Staff

$144K

45 hrs/wk

RAYMOND LONG

FORMER SECRETARY/TREASURER

Staff

$16K

4 hrs/wk

LEO BOMIAN

FORMER TRUSTEE

Staff

$13K

0

Independent contractors

ASPLUNDH TREE EXPERT COMPANY

RIGHT OF WAY CLEARING

$1.6M

MERIDIAN COOPERATIVE INC

DATA PROCESSING SERVICES

$763K

SERVICE ELECTRIC COMPANY INC

CONSTRUCTION

$303K

LAMBERT INC

CONSTRUCTION

$185K

PATTERSON & DEWAR ENG INC

ENGINEERING

$110K

Details

EIN630182345
Subsection12
Ruling date1942-10
Formed1940
Employees78
Volunteers0
SAND MOUNTAIN ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo