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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 2018. Filed on November 13, 2019.

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 2018 IRS Form 990 filing, PowerSouth Energy Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 677 total employees. Among the employees shown here, the average compensation is $512,453. The highest compensated employee at PowerSouth Energy Cooperative is Gary Smith with fiscal year 2018 compensation of $1,518,713.

Revenue, expenses, and employee compensation

Revenue

$621,022,221

Expenses

$608,949,712

Employee compensation

$81,262,015
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary Smith
President and Chief Executive Officer
$1,518,713
$1,281,654 No related comp$237,059
Rick Kyle
Chief Financial Officer
$1,072,789
$1,035,278 No related comp$37,511
Damon Morgan
Chief Operating Officer
$875,349
$715,500 No related comp$159,849
Horace Horn
Vice President, External Affairs
$626,757
$531,782 No related comp$94,975
Elizabeth Woodard
Chief Financial Officer
$542,481
$423,491 No related comp$118,990
Leigh Grantham
Vice President of Member Services and
$422,932
$319,268 No related comp$103,664
Seth Hammett
Vice President, Business Development
$422,510
$340,557 No related comp$81,953
Art Brunson
Vice President of Legal and Compliance
$335,944
$254,198 No related comp$81,746
Ron Graham
Vice President of Power Supply
$317,829
$241,002 No related comp$76,827
John Matheson
Vice President of Power Productions
$298,929
$230,028 No related comp$68,901
Terry Wilson
Director of T&D Operations
$281,056
$213,372 No related comp$67,684
Joe Armstrong
Engineering Director
$251,056
$194,198 No related comp$56,858

Benchmark Employee Compensation

Non-Employee Board Members

Jimmy Shaver
Board Member
$25,373
$25,373 No related compNo other comp
Tim Johnson
Board Member
$25,193
$25,193 No related compNo other comp
Joseph Coleman
Board Member
$22,003
$22,003 No related compNo other comp
Van Smith
Board Member
$21,203
$21,203 No related compNo other comp
Randy Bush
Board Member
$20,803
$20,803 No related compNo other comp
Wiregrass Electric Cooperative
Board Member
$20,803
$20,803 No related compNo other comp
Randy Brannon
Board Member
$20,403
$20,403 No related compNo other comp
Bruce Boswell
Board Member
$20,403
$20,403 No related compNo other comp
David Bailey
Board Member
$20,003
$20,003 No related compNo other comp
Gerald Edmondson
Board Member
$20,003
$20,003 No related compNo other comp
Terry Moseley
Board Member
$20,003
$20,003 No related compNo other comp
Thomas Duncan
Board Member
$20,003
$20,003 No related compNo other comp

Contractors

Parker Towing Company
Barge
$7,253,211
Black & Veatch Corporation
Engineering
$1,740,656
Asplundh Tree Expert CO
Tree Cutting
$869,137
Burns Mcdonnell Engineering CO
Engineering
$803,163
Cdg Engineers
Engineering
$678,387

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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