Compensation 990

Cooperative Energy

Fiscal year ending 2018. Filed on November 4, 2019.

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 2018 IRS Form 990 filing, Cooperative Energy, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 12 out of 512 total employees. Among the employees shown here, the average compensation is $425,189. The highest compensated employee at Cooperative Energy is James Compton with fiscal year 2018 compensation of $1,018,902.

Revenue, expenses, and employee compensation

Revenue

$829,712,873

Expenses

$829,712,873

Employee compensation

$58,757,867
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋6.0%vs 2017
James Compton
President and Chief Executive Officer
$1,018,902
$901,531 from orgNo related comp$117,371 other
＋11.1%vs 2017
Nathan Brown
Senior Vice President and Chief Operating Officer
$700,376
$466,549 from orgNo related comp$233,827 other
＋11.3%vs 2017
Raymond Haley
Senior Vice President and Chief Financial Officer
$551,192
$447,199 from orgNo related comp$103,993 other
＋7.0%vs 2017
Jeff Bowman
SR VICE President/Cao
$495,257
$408,198 from orgNo related comp$87,059 other
＋5.4%vs 2017
Terry Lee
Executive Vice President
$439,191
$314,762 from orgNo related comp$124,429 other
＋9.7%vs 2017
Brad Wolfe
SR VICE President/Power DE
$427,983
$288,132 from orgNo related comp$139,851 other
＋0.2%vs 2017
Brad Edwards
Vice President Power PROD
$392,631
$279,027 from orgNo related comp$113,604 other
＋8.2%vs 2017
Steve McElhaney
SR VICE President/Complian
$340,991
$230,638 from orgNo related comp$110,353 other
＋6.5%vs 2017
Gary Hutson
Vice President Power SUPP
$282,195
$211,747 from orgNo related comp$70,448 other
－1.3%vs 2017
Samuel H Farris III
Plant Superintendent
$252,578
$205,950 from orgNo related comp$46,628 other
New in 2018
Thomas Hall
Senior Vice President and Chief Financial Officer
$146,621
$137,261 from orgNo related comp$9,360 other
＋16.4%vs 2017
Henry C Waterer Jr
Director
$54,347
$54,347 from orgNo related compNo other comp

Non-Employee Board Members

－4.3%vs 2017
Randy Smith
Director
$44,400
$44,400 from orgNo related compNo other comp
＋13.2%vs 2017
James Ventress
Director
$41,202
$41,202 from orgNo related compNo other comp
New in 2018
Darrell Smith
Director
$40,000
$40,000 from orgNo related compNo other comp
＋121.1%vs 2017
Tim Perkins
Director
$39,800
$39,800 from orgNo related compNo other comp
±0%vs 2017
David O'Bryan
Director
$39,600
$39,600 from orgNo related compNo other comp
＋4.2%vs 2017
Randy Wallace
Director
$39,600
$39,600 from orgNo related compNo other comp
New in 2018
William Hardin
Director
$39,384
$39,384 from orgNo related compNo other comp
＋1.6%vs 2017
W Keith Hurt
Director
$39,000
$39,000 from orgNo related compNo other comp
＋5.0%vs 2017
Elizabeth Mosby
Director
$38,236
$38,236 from orgNo related compNo other comp
＋8.6%vs 2017
Louis Thompson
Director
$37,791
$37,791 from orgNo related compNo other comp
＋56.7%vs 2017
Ronald G Barnes
Director
$37,600
$37,600 from orgNo related compNo other comp
＋56.8%vs 2017
Jason Siegfried
Director
$37,000
$37,000 from orgNo related compNo other comp

Mission Statement

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

Other organizations also named Cooperative Energy

Cooperative Energy Incorporated
Covington, Georgia

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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