NonprofitsTallapoosa River Electric Cooperative Inc

Tallapoosa River Electric Cooperative Inc

LAFAYETTE, AL

Total revenue

$84.2M

Total expenses

$77.4M

Net assets

$148.4M

Grants received

EIN

630205975

Tax year

2024

Mission

To provide dependable electric service at the lowest possible cost.

Programs

1 program

Compensation process - the governing body examines state, regional, and national payroll pay scales and compares them to the existing pay rates.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$82.9M
Investment income$1.3M
Other revenue
Total revenue$84.2M

Expenses

Grants paid
Salaries & benefits$883K
Fundraising
Other expenses$73.9M
Total expenses$77.4M
Total assets$185.9M
Net assets$148.4M

People

10 listed

NameRoleCompensation

LEWIS WARD

GENERAL MANA

Board

$280K

50 hrs/wk

JEFF DODGEN

TRUSTEE

Board

$34K

5 hrs/wk

JOHN ADCOCK

PRESIDENT

Board

$32K

6 hrs/wk

CB PARKER JR

VICE PRESIDE

Board

$30K

5 hrs/wk

BRUCE BOSWELL

SEC/TREAS

Board

$26K

6 hrs/wk

ANN PARKMAN

TRUSTEE

Board

$24K

4 hrs/wk

PHILLIP BRYANT

TRUSTEE

Board

$21K

7 hrs/wk

PARKER GOODMAN

MGR ENGINEER

Staff

$171K

40 hrs/wk

WANDA ELLIOTT

MGR OF CONSU

Staff

$138K

55 hrs/wk

KEVIN HAND

MEMBER SERVI

Staff

$126K

45 hrs/wk

Independent contractors

SOUTHERN LINE CONTRACTORS

ROW MAINT

$790K

MERIDIAN

COMP SUPPORT

$781K

SOUTHERN STATES UTILITY

WO CONSTRUCTION

$672K

DUKE'S HAULING SERVICE

W/O CONSTRUCT

$599K

ASPLUNDH TREE EXPERT CO

ROW MAINT

$359K

Details

EIN630205975
Subsection12
Ruling date1947-05
Formed1939
Employees84
TALLAPOOSA RIVER ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo