EIN 63-0462077

Covington Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
87
City
Andalusia
State
Year formed
1944
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Covington Electric Cooperative operates as an electric distribution cooperative with the primary mission to provide service to approximately 23,000 member-owners in Southern Alabama. The board reviews management and key personnel salaries using comparable data from others in the industry while positions and salaries are periodically reviewed by an outside consultant. Additionally, their programs include the distribution of electric energy to cooperative members.
Total revenues
$63,715,088
2022
Total expenses
$59,825,928
2022
Total assets
$215,289,876
2022
Num. employees
87
2022

Program areas at Covington Electric Cooperative

Distribution of Electric energy to Cooperative members.
Salaries of management and key personnel are reviewed by the board using comparable data from others in the industry. Periodically, positions and salaries are reviewed by an outside consultant.

Personnel at Covington Electric Cooperative

NameTitleCompensation
Mark G ParkerPresident and Chief Executive Officer$239,101
Bert L ChampionVice President Operations$200,979
Kimberly M CarterVice President Finance$210,428
Francis M ChiricoDirector En$150,227
William BainesDirector Tel$155,480
...and 10 more key personnel

Financials for Covington Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$61,873,127
Investment income and dividends$1,174,021
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$606,020
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$61,920
Total revenues$63,715,088

Form 990s for Covington Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-01990View PDF
2021-122022-05-10990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s

Organizations like Covington Electric Cooperative

OrganizationLocationRevenue
Oregon Trail Electric Consumers CooperativeBaker City, OR$60,388,263
Paulding Putnam Electric Co-OpPaulding, OH$47,973,353
Blachly-Lane County Cooperative Electric AssociationEugene, OR$16,548,868
Peninsula Light CompanyGig Harbor, WA$66,134,735
United Electric CooperativeDu Bois, PA$31,964,967
Four County Electric Membership CorporationBurgaw, NC$108,859,188
Prince George Electric Cooperative (PGEC)Waverly, VA$53,087,438
Wood County Electric Cooperative (WCEC)Quitman, TX$104,258,547
Heart of Texas Electric CooperativeMC Gregor, TX$71,261,483
Cherryland Electric CooperativeGrawn, MI$62,035,173
Data update history
July 24, 2023
Updated personnel
Identified 2 new personnel
July 22, 2023
Used new vendors
Identified 1 new vendor, including
May 24, 2023
Updated personnel
Identified 4 new personnel
October 6, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 2, 2021
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
18836 Us Hwy 84
Andalusia, AL 36421
County
Covington County, AL
Website URL
covington.coop/ 
Phone
(334) 222-4121
IRS details
EIN
63-0462077
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1944
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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