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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 Pea River Electric Cooperative

Pea River Electric Cooperative

Fiscal year ending 2023. Filed on November 13, 2024.

P O Box 969
Ozark, Alabama 36361

Pea River Electric Cooperative (EIN: 63-0161119) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Pea River Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 81 total employees. Among the employees shown here, the average compensation is $209,025. The highest compensated employee at Pea River Electric Cooperative is Jeffrey M Hodges with fiscal year 2023 compensation of $273,751.

Revenue, expenses, and employee compensation

Revenue

$51,841,849

Expenses

$50,245,223

Employee compensation

$1,202,893
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffrey M Hodges
Chief Executive Officer
$273,751
$197,892 No related comp$75,859
Eugene Jackson
Engineer
$239,682
$174,282 No related comp$65,400
Scotty Barefoot
Opperations
$225,875
$161,126 No related comp$64,749
Terry Chancey
Construction
$221,024
$130,430 No related comp$90,594
Brian Whatley
Vice President, Operations
$203,580
$123,328 No related comp$80,252
Rustin Clark
Construction
$176,547
$123,408 No related comp$53,139
Chelsey Polumbo
Chief Financial Officer
$122,713
$98,427 No related comp$24,286

Benchmark Employee Compensation

Non-Employee Board Members

Billy W Danzey
Trustee
$34,740
$34,740 No related compNo other comp
Larry L Grantham
Trustee
$33,701
$12,900 No related comp$20,801
Lowell Bristow
Trustee
$32,390
$11,400 No related comp$20,990
Jack Edwin Jones Jr
Trustee
$31,440
$31,440 No related compNo other comp
Michael Starling
Trustee
$31,238
$11,400 No related comp$19,838
Braxton Green
Vice President
$30,640
$30,640 No related compNo other comp
Lee T Peters
President
$29,140
$29,140 No related compNo other comp
William H Strickland
Secretary
$27,240
$27,240 No related compNo other comp
James E Miller
Trustee
$26,015
$5,100 No related comp$20,915

Contractors

Fiberrise Communications LLC
Consulting
$6,599,530
Broadband Technical Resource
Consulting
$3,453,198
Htc
Row Clearing
$1,729,920
Southern States Utility Inc.
Pole Repair
$1,501,894
Kings Table Powerline Serv Inc.
Construction
$483,880

Mission Statement

TO PROVIDE THE BEST VALUE IN QUALITY ELECTRIC AND RELATED SERVICES IN SOUTHEAST ALABAMA.

Revisions to this organization profile

September 30, 2025:
2024 Pea River Electric Cooperative 990 filed
November 13, 2024:
2023 Pea River Electric Cooperative 990 filed
October 16, 2023:
2022 Pea River Electric Cooperative 990 filed

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