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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 Tallapoosa River Electric Cooperative Inc.

Tallapoosa River Electric Cooperative Inc.

Fiscal year ending 2024. Filed on April 14, 2025.

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 2024 IRS Form 990 filing, Tallapoosa River Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 4 out of 84 total employees. Among the employees shown here, the average compensation is $246,185. The highest compensated employee at Tallapoosa River Electric Cooperative Inc. is Lewis Ward with fiscal year 2024 compensation of $369,292.

Revenue, expenses, and employee compensation

Revenue

$84,241,671

Expenses

$77,402,302

Employee compensation

$883,072
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lewis Ward
General Manager
$369,292
$280,169 No related comp$89,123
Parker Goodman
MGR Engineer
$238,885
$171,304 No related comp$67,581
Wanda Elliott
MGR of Consu
$196,354
$137,897 No related comp$58,457
Kevin Hand
Member Services
$180,207
$125,947 No related comp$54,260

Benchmark Employee Compensation

Non-Employee Board Members

Jeff Dodgen
Trustee
$33,510
$33,510 No related compNo other comp
John Adcock
President
$32,403
$32,403 No related compNo other comp
Cb Parker Jr
Vice President
$30,311
$30,311 No related compNo other comp
Bruce Boswell
Secretary and Treasurer
$26,166
$26,166 No related compNo other comp
Ann Parkman
Trustee
$24,079
$24,079 No related compNo other comp
Phillip Bryant
Trustee
$21,286
$21,286 No related compNo other comp

Contractors

Southern Line Contractors
Row Maintenance
$789,607
Meridian
Comp Support
$781,202
Southern States Utility Inc.
Wo Construction
$671,535
Duke's Hauling Service
W/O Construct
$598,636
Asplundh Tree Expert CO
Row Maintenance
$358,799

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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