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Organizations PowerSouth Energy Cooperative

PowerSouth Energy Cooperative

Fiscal year ending 2023. Filed on November 4, 2024.

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 2023 IRS Form 990 filing, PowerSouth Energy Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 599 total employees. Among the employees shown here, the average compensation is $626,965. The highest compensated employee at PowerSouth Energy Cooperative is Gary Smith with fiscal year 2023 compensation of $2,144,353.

Revenue, expenses, and employee compensation

Revenue

$718,076,835

Expenses

$704,858,774

Employee compensation

$8,699,252
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary Smith
President and Chief Financial Officer
$2,144,353
$1,797,559 No related comp$346,794
Damon Morgan
Executive Vice President and Chief Operating Officer
$1,495,527
$1,243,072 No related comp$252,455
Elizabeth Woodard
Executive Vice President and Chief Financial Officer
$883,422
$700,301 No related comp$183,121
Horace Horn
Senior Vice President of External Affairs
$652,131
$518,027 No related comp$134,104
Art Brunson
Vice President of Legal and Corporate Affairs
$538,841
$418,257 No related comp$120,584
Matthew Diamond
Vice President of Member Services and Communications
$476,678
$364,892 No related comp$111,786
Ron Graham
Vice President of Power Supply
$462,822
$353,893 No related comp$108,929
Joe Armstrong
Vice President of Engineering and Operations
$434,247
$329,714 No related comp$104,533
John Matheson
Vice President of Power Production
$417,290
$312,757 No related comp$104,533
Taylor Williams
Vice President, External Affairs
$400,794
$298,619 No related comp$102,175
Jonathan Ellison
Director of Technical Services
$324,301
$252,108 No related comp$72,193
Julian Farrington
Manager of Planning, Compliance and Regulatory
$309,879
$232,521 No related comp$77,358

Benchmark Employee Compensation

Non-Employee Board Members

Tom Duncan
Board Member
$25,803
$25,803 No related compNo other comp
Rodney Harrison
Board Member
$24,497
$24,497 No related compNo other comp
Stacey Parker
Board Member
$23,903
$23,903 No related compNo other comp
Tom Stackhouse
Board Member
$22,953
$22,953 No related compNo other comp
Gary Harrison
Board Member
$22,903
$22,903 No related compNo other comp
Gerald Edmondson
Board Member
$22,803
$22,803 No related compNo other comp
Isabell Boyd
Board Member
$22,602
$22,602 No related compNo other comp
Willie Smith
Board Member
$22,452
$22,452 No related compNo other comp
David Bailey
Board Member
$21,953
$21,953 No related compNo other comp
Jon Cullimore
Board Member
$21,503
$21,503 No related compNo other comp
Joe Rone
Board Member
$21,503
$21,503 No related compNo other comp
John Bartley
Board Member
$21,453
$21,453 No related compNo other comp

Contractors

Saiia Construction Company LLC
Construction
$2,544,514
Asplundh Tree Expert
Vegetation Management
$2,228,764
Modular Connections LLC
Construction
$1,221,042
Worrell Construction LLC
Construction
$850,312
Gpc LLC
Construction
$723,461

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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