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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 2021. Filed on November 8, 2022.

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 2021 IRS Form 990 filing, PowerSouth Energy Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 647 total employees. Among the employees shown here, the average compensation is $659,347. The highest compensated employee at PowerSouth Energy Cooperative is Gary Smith with fiscal year 2021 compensation of $1,973,570.

Revenue, expenses, and employee compensation

Revenue

$643,376,000

Expenses

$630,900,963

Employee compensation

$82,932,307
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary Smith
President and Chief Executive Officer
$1,973,570
$1,677,015 No related comp$296,555
Damon Morgan
Chief Operating Officer
$1,695,083
$1,483,648 No related comp$211,435
Leigh Grantham
Vice President of Member Services and
$1,299,376
$1,177,238 No related comp$122,138
Elizabeth Woodard
Chief Financial Officer
$779,956
$626,068 No related comp$153,888
Horace Horn
Vice President, External Affairs
$606,202
$487,403 No related comp$118,799
Seth Hammett
Vice President, Business Development
$518,169
$423,611 No related comp$94,558
Art Brunson
Vice President of Legal and Compliance
$453,869
$352,630 No related comp$101,239
Ron Graham
Vice President of Power Supply
$398,680
$307,188 No related comp$91,492
John Matheson
Vice President of Power Productions
$373,955
$285,275 No related comp$88,680
Joe Armstrong
Engineering Director
$362,314
$285,312 No related comp$77,002
Terry Wilson
Director of T&D Operations
$314,540
$236,282 No related comp$78,258
Jj Farrington
Manager of Planning, Compl
$283,781
$213,228 No related comp$70,553

Benchmark Employee Compensation

Non-Employee Board Members

Jimmy Shaver
Board Member
$24,981
$24,981 No related compNo other comp
Thomas Duncan
Board Member
$23,603
$23,603 No related compNo other comp
Ed Short
Board Member
$23,601
$23,601 No related compNo other comp
Terry Moseley
Board Member
$23,203
$23,203 No related compNo other comp
Gerald Edmondson
Board Member
$23,203
$23,203 No related compNo other comp
Stacey Parker
Board Member
$22,803
$22,803 No related compNo other comp
Wiregrass Electric Cooperative
Board Member
$22,403
$22,403 No related compNo other comp
Chase Riddle
Board Member
$22,004
$22,004 No related compNo other comp
Tom Stackhouse
Board Member
$22,003
$22,003 No related compNo other comp
John Bartley
Board Member
$22,003
$22,003 No related compNo other comp
Leland Fuller
Board Member
$22,001
$22,001 No related compNo other comp
Ryan Campbell
Board Member
$21,603
$21,603 No related compNo other comp

Contractors

Black & Veatch Corporation
Engineering
$23,253,149
Asplundh Tree Expert CO
Tree Cutting
$1,108,880
Burns & Mcdonnell Engineering CO
Engineering
$767,532
Cdg Engineers
Engineering
$571,337
Aerial Solutions Inc.
Tree Cutting
$446,512

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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