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EIN 63-0238274

PowerSouth Energy Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
599
City
Andalusia
State
Alabama
Year formed
1941
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Powersouth Energy Cooperative produces and transmits wholesale electric power to cooperative and municipal members in Alabama and northwest Florida, serving the energy needs of 20 utility distribution members. Its mission is to be a cooperative utility system under the provisions of the Rural Electrification Act of 1936.
Total revenues
$718,076,835
2023
Total expenses
$704,858,774
2023
Total assets
$2,734,549,230
2023
Num. employees
599
2023

Program areas at PowerSouth Energy Cooperative

Powersouth Energy Cooperative serves the wholesale Energy needs of 20 utility distribution members in Alabama and northwest Florida.

Financials for PowerSouth Energy Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$709,740,490
Investment income and dividends$7,314,195
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$682,701
Net gain from sale of non-inventory assets$276,029
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$63,420
Total revenues$718,076,835

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Data update history
February 18, 2025
Updated personnel
Identified 14 new personnel
January 20, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Used new vendors
Identified 4 new vendors, including , , , and
January 22, 2024
Updated personnel
Identified 9 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 550
Andalusia, AL 36420
County
Covington County, AL
Website URL
powersouth.com/ 
Phone
(334) 427-3000
IRS details
EIN
63-0238274
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1941
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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