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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 Cooperative Energy

Cooperative Energy

Fiscal year ending 2017. Filed on October 25, 2018.

PO Box 15849
Hattiesburg, Mississippi 39404

Cooperative Energy (EIN: 64-0367992) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2017 IRS Form 990 filing, Cooperative Energy, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 14 out of 506 total employees. Among the employees shown here, the average compensation is $338,349. The highest compensated employee at Cooperative Energy is James Compton with fiscal year 2017 compensation of $960,953.

Revenue, expenses, and employee compensation

Revenue

$792,117,396

Expenses

$792,117,396

Employee compensation

$55,528,554
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Compton
President and Chief Executive Officer
$960,953
$849,143 No related comp$111,810
Nathan Brown
Senior Vice President and Chief Operating Officer
$630,126
$439,854 No related comp$190,272
Raymond Haley
Senior Vice President and Chief Financial Officer
$495,150
$418,523 No related comp$76,627
Jeff Bowman
SR VICE President/Cao
$462,701
$389,252 No related comp$73,449
Terry Lee
Executive Vice President
$416,741
$303,520 No related comp$113,221
Brad Edwards
Vice President Power Production
$391,689
$268,215 No related comp$123,474
Brad Wolfe
SR VICE President/Power Delivery
$390,295
$281,059 No related comp$109,236
Steve McElhaney
SR VICE President/Compliance
$315,193
$224,631 No related comp$90,562
Gary Hutson
Vice President Power Supply
$264,961
$203,711 No related comp$61,250
Samuel H Farris III
Plant Superintendent
$255,974
$194,606 No related comp$61,368
Henry C Waterer Jr
Officer
$46,700
$46,700 No related compNo other comp
William H Hardin
Officer
$36,800
$36,800 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Randy Smith
Director
$46,400
$46,400 No related compNo other comp
David O'Bryan
Director
$39,600
$39,600 No related compNo other comp
W Darrell Smith
Director
$38,800
$38,800 No related compNo other comp
W Keith Hurt
Director
$38,400
$38,400 No related compNo other comp
Randy Wallace
Director
$38,000
$38,000 No related compNo other comp
Ron White
Director
$37,700
$37,700 No related compNo other comp
Elizabeth Mosby
Director
$36,400
$36,400 No related compNo other comp
James Ventress
Director
$36,400
$36,400 No related compNo other comp
James Ginn
Director
$36,400
$36,400 No related compNo other comp
Kevin Bonds
Director
$35,600
$35,600 No related compNo other comp
Louis S Thompson
Director
$34,800
$34,800 No related compNo other comp
John B Reed
Director
$34,800
$34,800 No related compNo other comp

Contractors

Siemens Energy
Power Plant Maintenance and Repair
$7,080,700
Deepwell Energy Services LLC
Trans Line Maintenance
$1,762,515
Alliance for Cooperative Energy Services
Rto Support
$1,752,891
General Electric International Inc.
Plant Maintenance Survices
$1,178,259
Siemens Demag Delaval Turbomachinery
Turbine Parts
$1,087,978

Mission Statement

PROVIDE AND TRANSMIT THROUGH GENERATION AND PURCHASE OF ELECTRICITY, WHOLESALE ELECTRICITY TO 11 MEMBER OWNED DISTRIBUTION COOPERATIVES, EACH SERVING RETAIL CONSUMERS.

Revisions to this organization profile

October 10, 2025:
2024 Cooperative Energy 990 filed
October 29, 2024:
2023 Cooperative Energy 990 filed
November 13, 2023:
2022 Cooperative Energy 990 filed

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Covington, Georgia