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Public 990 Summary

PowerSouth Energy Cooperative

EIN 630238274 · Latest tax year 2024 · Usable public filing summary

ANDALUSIA, AL · powersouth.com

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Program ratio

Not enough public data

Fundraising ratio

0%

Admin ratio

Not enough public data

Program ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.

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Public filing snapshot

Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.

Total revenue$859,697,431
Contributions and grants$0
Program service revenue$850,255,480
Other revenue$2,189,074
Total expenses$845,102,926
Grants paid$0
Salaries and compensation$9,440,371
Program ratioNot reported
Fundraising ratio0%
Admin ratioNot reported
Total assets$2,695,050,060
Net assets$426,910,136
Total liabilities$2,268,139,924

Filing history

Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.

990 2024

Revenue: $859,697,431
Expenses: $845,102,926
Program ratio: Not reported

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Latest public tax year: 2024. Ask for newer financials if the organization has not filed a recent 990 yet.

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Review the spending mix

Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.

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Mission and programs

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.

Public leadership

Public Form 990 officer rows; not a staff or contact directory.

ANN PARKMAN

BOARD MEMBER

7 hours/week · Reportable compensation: $21,300

BECKY BRACKE

BOARD MEMBER

7 hours/week · Reportable compensation: $18,403

BOBBY BALLARD

BOARD MEMBER

7 hours/week · Reportable compensation: $21,303

BRAD KIMBRO

BOARD MEMBER

7 hours/week · Reportable compensation: $22,650

BRAXTON GREEN

BOARD MEMBER

7 hours/week · Reportable compensation: $21,753

CARL GOODSON

BOARD MEMBER

7 hours/week · Reportable compensation: $14,202

Public filing sources

View previous 990s and source filings on ProPublica
irs_990_cache

Tax year 2024 · Source 202503169349306850 · Parser opportunity-intelligence-financials-v1

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  • Latest public filing year: 2024.
  • Public data coverage: Usable public filing summary.
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