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Organizations Covington Electric Cooperative Inc.

Covington Electric Cooperative Inc.

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

18836 Us Hwy 84
Suite J-239
Andalusia, Alabama 36421

Covington Electric Cooperative Inc. (EIN: 63-0462077) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Covington Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 94 total employees. Among the employees shown here, the average compensation is $288,938. The highest compensated employee at Covington Electric Cooperative Inc. is Mark G Parker with fiscal year 2024 compensation of $455,849.

Revenue, expenses, and employee compensation

Revenue

$71,225,741

Expenses

$65,563,167

Employee compensation

$1,358,695
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark G Parker
President
$455,849
$336,651 No related comp$119,198
Kimberly M Carter
Vice President, Finance
$317,519
$202,313 No related comp$115,206
Bert L Champion
Vice President, Operations
$277,603
$201,731 No related comp$75,872
Francis M Chirico
Director, EN
$274,925
$170,261 No related comp$104,664
Randall Helms
Operations Manager
$218,190
$143,006 No related comp$75,184
Anthony Willis
Director TEL
$189,544
$147,609 No related comp$41,935

Benchmark Employee Compensation

Non-Employee Board Members

Patricia C Janasky
Secretary and Treasurer
$28,212
$28,212 No related compNo other comp
James F Martin Jr
Trustee
$26,863
$26,863 No related compNo other comp
Willie B Smith Jr
Chair
$26,862
$26,862 No related compNo other comp
Charles Grace
Trustee
$25,962
$25,962 No related compNo other comp
William G King Jr
Assistant Secretary
$25,062
$25,062 No related compNo other comp
C Heflin Smith
Vice Chair
$24,163
$24,163 No related compNo other comp

Contractors

Fiberrise Communication
Broadband Construction
$3,385,245
Htc LLC
Construction
$1,594,056
Asplundh Tree Expert CO
Row Clearing
$1,165,219
Southern States Utility Inc.
Contract Construction
$1,024,801
B & L Construction
Construction
$574,056

Mission Statement

THE COOPERATIVE'S PRIMARY MISSION IS TO PROVIDE SERVICE TO ITS APPROXIMATELY 23,000 MEMBER-OWNERS IN SOUTHERN ALABAMA.

Revisions to this organization profile

April 15, 2025:
2024 Covington Electric Cooperative Inc. 990 filed
June 19, 2024:
2023 Covington Electric Cooperative Inc. 990 filed
June 1, 2023:
2022 Covington Electric Cooperative Inc. 990 filed

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