PowerSouth Energy Cooperative
Andalusia, AL · EIN 63-0238274 · Rank 796 by total revenue
Cooperative utility system - producing & distributing wholesale electric power to and for cooperative members under the provisions of the rural electrification act of 1936.
Money, Form 990 for tax year 2024
- Total revenue
- $859,697,431
- Total expenses
- $845,102,926
- Total assets
- $2,695,050,060
- Salary base (all salaries and wages)
- $9,440,371
- Salaries, other pay and benefits
- $9,440,371
- Employees
- 610
- Salary base per employee
- $15,476
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (55)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Gary Smith | President/CEO | Officer | 50 | $2,376,048 |
| Mark Morgan | EVP/COO | Officer | 50 | $1,644,382 |
| Elizabeth Woodard | EVP/CFO | Officer | 50 | $961,855 |
| Horace Horn | Senior VP of External Affairs | Officer | 50 | $703,192 |
| Arthur Brunson | VP of Legal and Corporate Affairs | Officer | 50 | $580,036 |
| Matthew Diamond | VP of POWER PRODUCTION | Officer | 50 | $517,592 |
| William Graham | VP of Power Supply | Officer | 50 | $487,848 |
| Joe Armstrong | VP of Engineering & Operations | Officer | 50 | $454,645 |
| John Matheson | VP of STAFF SERVICES | Officer | 50 | $442,316 |
| Taylor Williams | VP of External Affairs | Officer | 50 | $435,583 |
| Rodney Harrison | BOARD MEMBER | Board | 7 | $28,173 |
| Tom Duncan | BOARD MEMBER | Board | 7 | $24,903 |
| Willie Smith | BOARD MEMBER | Board | 7 | $24,002 |
| Terry Moseley | BOARD MEMBER | Board | 7 | $23,553 |
| David Bailey | BOARD MEMBER | Board | 7 | $23,103 |
| Gerald Edmondson | BOARD MEMBER | Board | 7 | $23,103 |
| John Bartley | BOARD MEMBER | Board | 7 | $23,103 |
| Tom Stackhouse | BOARD MEMBER | Board | 7 | $23,103 |
| Gary Harrison | BOARD MEMBER | Board | 7 | $22,653 |
| Jeffrey Hodges | BOARD MEMBER | Board | 7 | $22,653 |
| Joseph Coleman | BOARD MEMBER | Board | 7 | $22,653 |
| Kip Justice | BOARD MEMBER | Board | 7 | $22,653 |
| Mark Parker | BOARD MEMBER | Board | 7 | $22,653 |
| Stacey Parker | BOARD MEMBER | Board | 7 | $22,653 |
| Brad Kimbro | BOARD MEMBER | Board | 7 | $22,650 |
| Steven Sheffield | BOARD MEMBER | Board | 7 | $22,650 |
| Marilyn Davis | BOARD MEMBER | Board | 7 | $22,203 |
| Tom Maddox | BOARD MEMBER | Board | 7 | $22,203 |
| Braxton Green | BOARD MEMBER | Board | 7 | $21,753 |
| Jon Cullimore | BOARD MEMBER | Board | 7 | $21,753 |
| Ryan Campbell | BOARD MEMBER | Board | 7 | $21,753 |
| Stephen Rhodes | BOARD MEMBER | Board | 7 | $21,753 |
| Bobby Ballard | BOARD MEMBER | Board | 7 | $21,303 |
| Jane Brunson | BOARD MEMBER | Board | 7 | $21,303 |
| Willie Wright | BOARD MEMBER | Board | 7 | $21,303 |
| Ann Parkman | BOARD MEMBER | Board | 7 | $21,300 |
| Terry Mitchell | BOARD MEMBER | Board | 7 | $20,853 |
| Ricky Jones | BOARD MEMBER | Board | 7 | $20,403 |
| Vince Johnson | BOARD MEMBER | Board | 7 | $20,400 |
| Isabell Boyd | BOARD MEMBER | Board | 7 | $19,952 |
| Becky Bracke | BOARD MEMBER | Board | 7 | $18,403 |
| Shawn Walling | BOARD MEMBER | Board | 7 | $15,753 |
| Kim Jackson | BOARD MEMBER | Board | 7 | $15,552 |
| Earl Johnson | BOARD MEMBER | Board | 7 | $15,302 |
| Carl Goodson | BOARD MEMBER | Board | 7 | $14,202 |
| Randy Bush | BOARD MEMBER | Board | 7 | $14,200 |
| James Hall | BOARD MEMBER | Board | 7 | $13,201 |
| Karen Moore | BOARD MEMBER | Board | 7 | $12,403 |
| Delaney Kervin | BOARD MEMBER | Board | 7 | $11,903 |
| Joe Rone | BOARD MEMBER | Board | 7 | $7,551 |
| Robert Byrd | BOARD MEMBER | Board | 7 | $7,551 |
| Hunter Robinson | BOARD MEMBER | Board | 7 | $6,400 |
| Jimmy Ellis | BOARD MEMBER | Board | 7 | $6,200 |
| Wayne Williams | BOARD MEMBER | Board | 7 | $4,650 |
| James May | BOARD MEMBER | Board | 7 | $1,100 |
Top 10 paid people listed
These 10 people received $8,603,497, which is 91.1% of the $9,440,371 salary base shared by 610 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Gary Smith | President/CEO | Officer | 50 | $2,007,939 | $0 | $368,109 | $2,376,048 |
| Mark Morgan | EVP/COO | Officer | 50 | $1,369,012 | $0 | $275,370 | $1,644,382 |
| Elizabeth Woodard | EVP/CFO | Officer | 50 | $765,366 | $0 | $196,489 | $961,855 |
| Horace Horn | Senior VP of External Affairs | Officer | 50 | $559,621 | $0 | $143,571 | $703,192 |
| Arthur Brunson | VP of Legal and Corporate Affairs | Officer | 50 | $452,010 | $0 | $128,026 | $580,036 |
| Matthew Diamond | VP of POWER PRODUCTION | Officer | 50 | $398,651 | $0 | $118,941 | $517,592 |
| William Graham | VP of Power Supply | Officer | 50 | $374,043 | $0 | $113,805 | $487,848 |
| Joe Armstrong | VP of Engineering & Operations | Officer | 50 | $344,598 | $0 | $110,047 | $454,645 |
| John Matheson | VP of STAFF SERVICES | Officer | 50 | $332,269 | $0 | $110,047 | $442,316 |
| Taylor Williams | VP of External Affairs | Officer | 50 | $326,376 | $0 | $109,207 | $435,583 |
Sources
- IRS e-file return 202503169349306850 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 63-0238274
- Organization website (as filed): www.powersouth.com