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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Central Alabama Electric Cooperative

Central Alabama Electric Cooperative

Fiscal year ending 2024. Filed on April 15, 2025.

103 Jesse Samuel Hunt Blvd
Prattville, Alabama 36066

Central Alabama Electric Cooperative (EIN: 63-0038505) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Central Alabama Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 12 out of 176 total employees. Among the employees shown here, the average compensation is $299,031. The highest compensated employee at Central Alabama Electric Cooperative is Thomas Stackhouse with fiscal year 2024 compensation of $603,180.

Revenue, expenses, and employee compensation

Revenue

$134,243,688

Expenses

$127,055,686

Employee compensation

$2,885,649
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Stackhouse
President and Chief Executive Officer
$603,180
$448,245 No related comp$154,935
James Gray
Vice President Engineer/
$398,020
$235,150 No related comp$162,870
Julie Young
Vice President, Business
$375,617
$234,374 No related comp$141,243
Aaron Ismail
Vice President Customer/
$332,873
$217,969 No related comp$114,904
Damali Clark
Vice President Corp/Fina
$325,380
$218,637 No related comp$106,743
Scott Lee
Mgr-It
$288,804
$181,707 No related comp$107,097
Randall Morgan
Mgr-Operatio
$253,483
$173,793 No related comp$79,690
Joel Collier
Mgr-Operatio
$249,813
$185,657 No related comp$64,156
Walton C Montgomery
Vice President Central A
$245,181
$181,179 No related comp$64,002
Erick Terry
Mgr-Engineer
$234,351
$163,722 No related comp$70,629
Connie Bainbridge
Mgr-Econ/Dev
$226,223
$171,716 No related comp$54,507
Mark Gray
Trustee
$55,450
$55,450 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

James Parnell
Trustee
$50,500
$48,400 $2,100 No other comp
Van Smith
Vice Chair
$50,440
$49,450 $990 No other comp
Justin Barrett
Trustee
$48,350
$48,350 No related compNo other comp
Charles Byrd
Chair
$47,850
$47,850 No related compNo other comp
Mark Presnell
Secretary and Treasurer
$47,250
$47,250 No related compNo other comp
Terry Mitchell
Trustee
$46,850
$46,850 No related compNo other comp
Mike Lamar
Trustee
$45,240
$44,000 $1,240 No other comp
Nicole Law
Trustee
$44,100
$44,100 No related compNo other comp
Chase Riddle
Trustee
$43,900
$41,800 $2,100 No other comp

Contractors

Stronghold Contracting
Construction
$3,617,051
Asplundh
Row Expenses
$3,415,430
Meridian Cooperative Inc.
Software
$1,406,718
Heritage Communication
Contract
$1,232,936
Utility Lines Construction
Row Expenses
$1,100,911

Mission Statement

TO PROVIDE UTILITY SERVICE TO COOPERATIVE MEMBERS.

Revisions to this organization profile

April 15, 2025:
2024 Central Alabama Electric Cooperative 990 filed
May 14, 2024:
2023 Central Alabama Electric Cooperative 990 filed
June 12, 2023:
2022 Central Alabama Electric Cooperative 990 filed

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