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Organizations PowerSouth Energy Cooperative

PowerSouth Energy Cooperative

Fiscal year ending 2024. Filed on November 12, 2025.

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 2024 IRS Form 990 filing, PowerSouth Energy Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 610 total employees. Among the employees shown here, the average compensation is $677,599. The highest compensated employee at PowerSouth Energy Cooperative is Gary Smith with fiscal year 2024 compensation of $2,376,048.

Revenue, expenses, and employee compensation

Revenue

$859,697,431

Expenses

$845,102,926

Employee compensation

$9,440,371
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary Smith
President and Chief Executive Officer
$2,376,048
$2,007,939 No related comp$368,109
Mark Morgan
Executive Vice President and Chief Operating Officer
$1,644,382
$1,369,012 No related comp$275,370
Elizabeth Woodard
Executive Vice President and Chief Financial Officer
$961,855
$765,366 No related comp$196,489
Horace Horn
Senior Vice President of External Affairs
$703,192
$559,621 No related comp$143,571
Arthur Brunson
Vice President of Legal and Corporate Affairs
$580,036
$452,010 No related comp$128,026
Matthew Diamond
Vice President of Power Production
$517,592
$398,651 No related comp$118,941
William Graham
Vice President of Power Supply
$487,848
$374,043 No related comp$113,805
Joe Armstrong
Vice President of Engineering and Operations
$454,645
$344,598 No related comp$110,047
John Matheson
Vice President of Staff Services
$442,316
$332,269 No related comp$110,047
Taylor Williams
Vice President, External Affairs
$435,583
$326,376 No related comp$109,207
Jonathan Ellison
Director of Technical Services
$336,451
$260,680 No related comp$75,771
Julian Farrington
Manager of Planning, Compliance and Regulation
$323,962
$242,955 No related comp$81,007

Benchmark Employee Compensation

Non-Employee Board Members

Rodney Harrison
Board Member
$28,173
$28,173 No related compNo other comp
Tom Duncan
Board Member
$24,903
$24,903 No related compNo other comp
Willie Smith
Board Member
$24,002
$24,002 No related compNo other comp
Terry Moseley
Board Member
$23,553
$23,553 No related compNo other comp
John Bartley
Board Member
$23,103
$23,103 No related compNo other comp
Tom Stackhouse
Board Member
$23,103
$23,103 No related compNo other comp
David Bailey
Board Member
$23,103
$23,103 No related compNo other comp
Gerald Edmondson
Board Member
$23,103
$23,103 No related compNo other comp
Mark Parker
Board Member
$22,653
$22,653 No related compNo other comp
Joseph Coleman
Board Member
$22,653
$22,653 No related compNo other comp
Kip Justice
Board Member
$22,653
$22,653 No related compNo other comp
Gary Harrison
Board Member
$22,653
$22,653 No related compNo other comp

Contractors

H & M Construction
Construction
$3,547,217
EcoSouth Services of Mobile
Waste Management
$2,706,941
Modular Connections LLC
Construction
$2,621,793
Asplundh Tree Expert Co
Vegetation Management
$1,763,237
Worrell Construction LLC
Construction
$1,252,275

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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