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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 2021. Filed on November 1, 2021.

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 2021 IRS Form 990 filing, Sand Mountain Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 79 total employees. Among the employees shown here, the average compensation is $234,824. The highest compensated employee at Sand Mountain Electric Cooperative is Mark Malone with fiscal year 2021 compensation of $405,199.

Revenue, expenses, and employee compensation

Revenue

$73,063,684

Expenses

$68,516,989

Employee compensation

$7,304,712
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Malone
Chief Executive Officer and General Manager
$405,199
$220,207 No related comp$184,992
Kevin Anderson
Chief Operating Officer
$359,607
$198,571 No related comp$161,036
Larry Coots
Operations Superintendent
$248,396
$130,275 No related comp$118,121
Joe Reed
Engineering Supervisor
$215,070
$130,179 No related comp$84,891
Mike Simpson
Former Officer
$203,251
$193,694 No related comp$9,557
Diane B Hale
Member Services Manager
$201,307
$129,659 No related comp$71,648
Joey L Dalton
Journeyman Lineman
$174,593
$122,764 No related comp$51,829
Joseph Bates
Manager of Engineering and P
$169,621
$139,214 No related comp$30,407
Tyler Cooper
Cfo/Manager of Finance
$136,375
$122,035 No related comp$14,340

Benchmark Employee Compensation

Non-Employee Board Members

Randy L Bailey
Trustee
$24,432
$24,432 No related compNo other comp
Brad Gilbert
Trustee
$24,432
$24,432 No related compNo other comp
Danny Lacey
Trustee
$24,432
$24,432 No related compNo other comp
Larry G Godwin
Vice President
$24,361
$24,361 No related compNo other comp
David Henderson
President
$18,898
$18,898 No related compNo other comp
Roland Hendon
Trustee
$18,600
$18,600 No related compNo other comp
Luke Freeman
Trustee
$18,398
$18,398 No related compNo other comp
Raymond Long
Secretary and Treasurer
$18,261
$18,261 No related compNo other comp
Leo Bomian
Trustee
$15,893
$15,893 No related compNo other comp

Contractors

Asplundh Tree Expert CO
Right of Way Clearing
$1,283,027
Southeastern Data Cooperative Inc
Data Processing
$623,643

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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