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Organizations Tallapoosa River Electric Cooperative Inc.

Tallapoosa River Electric Cooperative Inc.

Fiscal year ending 2021. Filed on May 13, 2022.

P O Box 675
Lafayette, Alabama 36862

Tallapoosa River Electric Cooperative Inc. (EIN: 63-0205975) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Tallapoosa River Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 5 out of 78 total employees. Among the employees shown here, the average compensation is $274,075. The highest compensated employee at Tallapoosa River Electric Cooperative Inc. is Lewis Ward with fiscal year 2021 compensation of $394,655.

Revenue, expenses, and employee compensation

Revenue

$67,226,367

Expenses

$63,011,397

Employee compensation

$932,412
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lewis Ward
General Manager
$394,655
$256,834 No related comp$137,821
Rhonda Phillips
MGR FIN SER
$330,152
$149,912 No related comp$180,240
Parker Goodman
MGR Engineer
$254,515
$155,081 No related comp$99,434
Wanda Brushwood
MGR of Consu
$227,889
$133,030 No related comp$94,859
Kevin Hand
Engineer SUP
$163,164
$107,281 No related comp$55,883

Benchmark Employee Compensation

Non-Employee Board Members

Cb Parker Jr
President
$27,901
$27,901 No related compNo other comp
Jeff Dodgen
Trustee
$25,149
$25,149 No related compNo other comp
Ann Parkman
Trustee
$23,821
$23,821 No related compNo other comp
Bruce Boswell
Secretary and Treasurer
$22,078
$22,078 No related compNo other comp
Phillip Bryant
Trustee
$18,747
$18,747 No related compNo other comp
John Adcock
Vice President
$12,578
$12,578 No related compNo other comp

Contractors

Southern Line Contractors
Row Maintenance
$742,155
Asplundh Tree Expert CO
Row Maintenance
$729,226
Sedc
Comp Support
$631,863
Duke's Hauling Service
W/O Construct
$561,639
Harmon Engineering
Contract Construction
$560,939

Mission Statement

TO PROVIDE DEPENDABLE ELECTRIC SERVICE AT THE LOWEST POSSIBLE COST.

Revisions to this organization profile

April 14, 2025:
2024 Tallapoosa River Electric Cooperative Inc. 990 filed
May 9, 2024:
2023 Tallapoosa River Electric Cooperative Inc. 990 filed
June 27, 2023:
2022 Tallapoosa River Electric Cooperative Inc. 990 filed

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