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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 Sand Mountain Electric Cooperative

Sand Mountain Electric Cooperative

Fiscal year ending 2020. Filed on October 30, 2020.

P O Box 277
Rainsville, Alabama 35986

Sand Mountain Electric Cooperative (EIN: 63-0182345) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Sand Mountain Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 85 total employees. Among the employees shown here, the average compensation is $204,523. The highest compensated employee at Sand Mountain Electric Cooperative is Mike Simpson with fiscal year 2020 compensation of $376,092.

Revenue, expenses, and employee compensation

Revenue

$73,157,465

Expenses

$71,077,244

Employee compensation

$7,491,084
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Simpson
Chief Executive Officer and General Manager
$376,092
$280,358 No related comp$95,734
Kevin Anderson
Chief Operating Officer
$301,150
$181,317 No related comp$119,833
Mark Malone
Chief Executive Officer and General Manager
$281,651
$169,657 No related comp$111,994
Joe Reed
Engineering Supervisor
$212,198
$126,445 No related comp$85,753
Diane B Hale
Member Services Manager
$190,851
$126,836 No related comp$64,015
Billy R Clanton
Maintenance Supervisor
$169,953
$127,003 No related comp$42,950
Boyd Graben
Manager of Safety, Regulat
$155,103
$137,067 No related comp$18,036
Joseph Bates
Manager of Engineering and Power Supply
$143,707
$125,026 No related comp$18,681
R Lee Bailey
Former Trustee
$10,006
$10,006 No related compNo other comp
Tyler Cooper
Cfo/Manager of Finance
$0

Benchmark Employee Compensation

Non-Employee Board Members

Danny Lacey
Trustee
$26,651
$26,651 No related compNo other comp
Randy L Bailey
Trustee
$26,401
$26,401 No related compNo other comp
Brad Gilbert
Trustee
$25,901
$25,901 No related compNo other comp
Larry G Godwin
Vice President
$25,083
$25,083 No related compNo other comp
Roland Hendon
Trustee
$20,926
$20,926 No related compNo other comp
Raymond Long
Secretary and Treasurer
$19,340
$19,340 No related compNo other comp
David Henderson
President
$17,973
$17,973 No related compNo other comp
Leo Bomian
Trustee
$17,262
$17,262 No related compNo other comp
Luke Freeman
Trustee
$16,973
$16,973 No related compNo other comp

Contractors

Asplundh Tree Expert Co
Right of Way Clearing
$1,459,905
Southeastern Data Cooperative Inc.
Data Processing
$578,704
Mdr Construction
Utility Construction
$441,179
Corbitt Power and Light LLC
Utility Construction
$357,579
Osmose Utilities Service Inc.
Pole Testing
$129,235

Mission Statement

TO PROVIDE ELECTRIC SERVICE TO THE PEOPLE IN RURAL AREAS AT THE LOWEST COST POSSIBLE, CONSISTENT WITH SOUND BUSINESS PRACTICES.

Revisions to this organization profile

November 3, 2025:
2025 Sand Mountain Electric Cooperative 990 filed
November 1, 2024:
2024 Sand Mountain Electric Cooperative 990 filed
October 9, 2023:
2023 Sand Mountain Electric Cooperative 990 filed

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