Cause IQ organization profile

Powersouth Energy Cooperative

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Powersouth Energy Cooperative is a public utility based in Andalusia, AL that was founded in 1941. As of 2019 they had $621 million in revenue and $1.7 billion in assets.

Utility Systems Programs, General Other: Producing and distributing electric power for cooperative members under the provisions of the Rural Electrification Act of 1936 (20 members). Powersouth Energy Cooperative is a utility system producing and dist...

EIN:
63-0238274
City:
Andalusia
State:
Website:
Founded:
1941
Type:
501(c)(12)
NTEE:
Revenue:
$621,022,221
Assets:
$1,738,635,908
Employees:
677
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Powersouth Energy Cooperative

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

Form 990s for Powersouth Energy Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 3, 2020990OView PDF
2017-12Dec 22, 2018990View PDF
2016-12Dec 26, 2017990OView PDF
2015-12Nov 4, 2016990OView PDF
2014-12Sep 18, 2015990OView PDF
...and five more Form 990 PDFs

Financials for Powersouth Energy Cooperative

Field2018
Total grants, contributions, etc.$0
Program services$612,556,144
Investment income and dividends$6,150,310
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$75,191
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,240,576
Total revenues$621,022,221

Vendors for Powersouth Energy Cooperative

VendorServicesAmount paidDate
WordPressContent management system software2020-05-27
████████ ██████ █████ ███ █████ ███Tax accounting2020-02-03
████████ ████ ██████ ███████Tree Cutting Services$869,1372018-12-01
█████ ███ █████████ ███████████ ██ ███Engineering Services$803,1632018-12-01
██████ ██████ ███████Barge Services$7,253,2112018-12-01
█████ ███ ██████ ███████████Engineering Services$1,740,6562018-12-01
███ █████████Engineering Services$678,3872018-12-01

Personnel at Powersouth Energy Cooperative

NameTitleCompensationMost recent data
Ra KyleVice - President and Chief Financial Officer-Dec. 26, 2017
Seth HammettVice President of Business Development$316,015Dec. 31, 2016
████ ███████Vice President of Legal and Corporate Affairs$427,547Dec. 31, 2016
████ ████Vice President and Chief Financial Officer$386,401Dec. 31, 2016
██████ ████Vice President of External Affairs$350,899Dec. 31, 2016
████ █████Chief Executive Officer and President$944,779Dec. 31, 2016
█████ ██████Chief Operating Officer$624,165Dec. 31, 2016
█████ ████████Vice President of Member Services and Communications$345,019Dec. 31, 2016
█████ █████Vice - President$417,876Dec. 31, 2013
███████ ██████Vice - President and Chief Financial Officer$152,139Dec. 31, 2013
...and two more key personnel

Peer public utilities

 NameTypeRevenueLocation
1Midwest Energy501(c)(12)$221 millionHays, KS
2Cooperative Energy501(c)(12)$829 millionHattiesburg, MS
3Dixie Electric Membership Corporation501(c)(12)$225 millionBaton Rouge, LA
4San Miguel Electric Cooperative501(c)(12)$155 millionJourdanton, TX
5The Intermountain Rural Electric Association501(c)(12)$302 millionSedalia, CO
6Southern Maryland Electric Cooperative (SMECO)501(c)(12)$430 millionHughesville, MD
7Bluebonnet Electric Cooperative501(c)(12)$230 millionBastrop, TX
8United Cooperative Services501(c)(12)$207 millionBurleson, TX
9Rappahannock Electric Cooperative501(c)(12)$453 millionFredericksburg, VA
10Brunswick Electric Membership Corporation501(c)(12)$171 millionShallotte, NC
11Dairyland Power Cooperative501(c)(12)$482 millionLa Crosse, WI
12South Central Power Company501(c)(12)$338 millionLancaster, OH
13Connexus Energy501(c)(12)$280 millionRamsey, MN
14Southwest Louisiana Electric Membership Corporation501(c)(12)$237 millionLafayette, LA
15Delaware Electric Cooperative501(c)(12)$178 millionGreenwood, DE
16Magic Valley Electric Cooperative501(c)(12)$235 millionMercedes, TX
17Southern Illinois Power Cooperative501(c)(12)$206 millionMarion, IL
18Carroll Electric Cooperative Corporation501(c)(12)$194 millionBerryville, AR
19Trinity Valley Electric Cooperative (TVEC)501(c)(12)$161 millionKaufman, TX
20Golden Spread Electric Cooperative501(c)(12)$290 millionAmarillo, TX
21First Electric Cooperative Corporation501(c)(12)$202 millionJacksonville, AR
22Cumberland Electric Membership Corporation501(c)(12)$292 millionClarksville, TN
23Powder River Energy Corporation501(c)(12)$202 millionSundance, WY
24Golden Valley Electric Association501(c)(12)$251 millionFairbanks, AK
25Owen Electric Cooperative501(c)(12)$169 millionOwenton, KY