NonprofitsSouth Alabama Electric Cooperative

South Alabama Electric Cooperative

TROY, AL

Total revenue

$59.3M

Total expenses

$60.3M

Net assets

$80.2M

Grants received

EIN

630193841

Tax year

2024

Mission

To provide electric utility service to cooperative members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$57.4M
Investment income$1.1M
Other revenue$788K
Total revenue$59.3M

Expenses

Grants paid
Salaries & benefits$615K
Fundraising
Other expenses$53.5M
Total expenses$60.3M
Total assets$177.7M
Net assets$80.2M

People

14 listed

NameRoleCompensation

LRI

General Manager

Board

$302K

40 hrs/wk

BS

Trustee

Board

$36K

9 hrs/wk

JHM

Trustee

Board

$33K

12 hrs/wk

JG

Trustee

Board

$32K

10 hrs/wk

TS

Trustee

Board

$31K

10 hrs/wk

CRT

Trustee

Board

$29K

9 hrs/wk

BF

Trustee

Board

$26K

7 hrs/wk

NDG

Trustee

Board

$21K

4 hrs/wk

DK

Trustee

Board

$21K

6 hrs/wk

WWW

Employee

Staff

$194K

40 hrs/wk

HMR

Employee

Staff

$153K

40 hrs/wk

ES

Employee

Staff

$143K

40 hrs/wk

RLB

Employee

Staff

$131K

47 hrs/wk

JHR

Employee

Staff

$125K

46 hrs/wk

Independent contractors

Jackson Line Clearing Inc

Right of way clearing

$2.1M

Southern States Utility

Construction

$507K

Power Pole Maintenance Company LLC

Pole Inspection

$116K

Details

EIN630193841
Subsection12
Ruling date1957-01
Formed1937
Employees62
Volunteers0
SOUTH ALABAMA ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo