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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 PowerSouth Energy Cooperative

PowerSouth Energy Cooperative

Fiscal year ending 2017. Filed on October 26, 2018.

PO Box 550
Andalusia, Alabama 36420

PowerSouth Energy Cooperative (EIN: 63-0238274) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, PowerSouth Energy Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 12 out of 678 total employees. Among the employees shown here, the average compensation is $798,319. The highest compensated employee at PowerSouth Energy Cooperative is Gary Smith with fiscal year 2017 compensation of $4,940,801.

Revenue, expenses, and employee compensation

Revenue

$595,870,001

Expenses

$586,248,395

Employee compensation

$75,306,318
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary Smith
President and Chief Executive Officer
$4,940,801
$4,721,969 No related comp$218,832
Damon Morgan
Chief Operating Officer
$816,460
$668,222 No related comp$148,238
Beth Woodard
Vice President of Legal/Corporate Affairs
$533,465
$422,575 No related comp$110,890
Rick Kyle
Vice President and Chief Financial Officer
$504,498
$400,109 No related comp$104,389
Horace Horn
Vice President, External Affairs
$459,419
$369,214 No related comp$90,205
Leigh Grantham
Vice President of Member Services and Communications
$454,336
$355,320 No related comp$99,016
Seth Hammett
Vice President, Business Development
$407,488
$329,530 No related comp$77,958
David Powell
Director of Power Production
$350,253
$276,579 No related comp$73,674
Ron Graham
Director of Power Supply
$298,576
$230,211 No related comp$68,365
Art Brunson
Legal Affairs Director
$280,760
$216,181 No related comp$64,579
Terry Wilson
Director of T&D Operations
$268,994
$204,366 No related comp$64,628
John Matheson
Engineering Director
$264,780
$200,184 No related comp$64,596

Benchmark Employee Compensation

Non-Employee Board Members

Tim Johnson
Board Member
$33,536
$25,943 No related comp$7,593
Ed Short
Board Member
$33,107
$25,516 No related comp$7,591
Jimmy Shaver
Board Member
$31,364
$23,257 No related comp$8,107
Ellis Nichols
Board Member
$31,220
$24,260 No related comp$6,960
Russell Dunaway
Board Member
$21,928
$21,928 No related compNo other comp
James Wilson
Board Member
$21,903
$21,903 No related compNo other comp
Van Smith
Board Member
$21,128
$21,128 No related compNo other comp
Joseph Coleman
Board Member
$21,128
$21,128 No related compNo other comp
Wiregrass Electric Cooperative
Board Member
$20,328
$20,328 No related compNo other comp
David Bailey
Board Member
$20,328
$20,328 No related compNo other comp
Tom Stackhouse
Board Member
$19,928
$19,928 No related compNo other comp
Phillip Bryant
Board Member
$19,928
$19,928 No related compNo other comp

Contractors

Parker Towing Company
Barge
$9,434,299
Black & Veatch Corporation
Engineering
$1,904,264
Evergreen Transport LLC
Trucking
$1,130,755
Asplundh Tree Expert
Tree Cutting
$846,872
Southeast Woodland Services
Forestry
$588,289

Mission Statement

POWERSOUTH ENERGY COOPERATIVE IS AN ALABAMA COOPERATIVE CORPORATION PRODUCING AND TRANSMITTING WHOLESALE ELECTRIC POWER TO AND FOR ITS COOPERATIVE AND MUNICIPAL MEMBERS UNDER THE PROVISIONS OF THE RURAL ELECTRIFICATION ACT OF 1936.

Revisions to this organization profile

November 12, 2025:
2024 PowerSouth Energy Cooperative 990 filed
November 4, 2024:
2023 PowerSouth Energy Cooperative 990 filed
November 15, 2023:
2022 PowerSouth Energy Cooperative 990 filed

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