Skip to main content
Filing year 2024

PowerSouth Energy Cooperative

Andalusia, Alabama·EIN 63-0238274·501(c)(12)
Total revenue
$859.7M
Total assets
$2.7B
Total expenses
$845.1M
Reported officers
60
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 60 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$2.4M
$2.5M
Base
$1.6M
Bonus
Other
$427k
Benefits
$23k
Evp/coo
Officer (Unspecified)
$1.6M
$1.7M
Base
$1.1M
Bonus
Other
$247k
Benefits
$24k
Evp/cfo
Officer (Unspecified)
$962k
$1M
Base
$732k
Bonus
Other
$34k
Benefits
$24k
Senior VP of External Affairs
Senior Vice President
Above 90th percentile
$703k
$746k
Base
$469k
Bonus
Other
$90k
Benefits
$21k
VP of Legal and Corporate Affairs
Vice President
Above 90th percentile
$580k
$615k
Base
$401k
Bonus
Other
$51k
Benefits
$23k
VP of Power Production
Vice President
Above 90th percentile
$518k
$549k
Base
$359k
Bonus
Other
$39k
Benefits
$23k
VP of Power Supply
Vice President
Above 90th percentile
$488k
$517k
Base
$327k
Bonus
Other
$47k
Benefits
$22k
VP of Engineering & Operations
Vice President
Above 90th percentile
$455k
$482k
Base
$315k
Bonus
Other
$29k
Benefits
$22k
VP of Staff Services
Vice President
Above 90th percentile
$442k
$469k
Base
$314k
Bonus
Other
$19k
Benefits
$22k
VP of External Affairs
Vice President
Above 90th percentile
$436k
$462k
Base
$317k
Bonus
Other
$10k
Benefits
$22k
Director of Technical Services
Highest Compensated Employee
75th to 90th percentile
$336k
$357k
Base
$214k
Bonus
Other
$47k
Benefits
$12k
Manager of Planning, Compliance & Regulation
Highest Compensated Employee
75th to 90th percentile
$324k
$344k
Base
$212k
Bonus
Other
$31k
Benefits
$21k
Energy Services Manager
Highest Compensated Employee
75th to 90th percentile
$316k
$336k
Base
$215k
Bonus
Other
$20k
Benefits
$21k
Power Production Engineering Manager
Highest Compensated Employee
75th to 90th percentile
$300k
$318k
Base
$209k
Bonus
Other
$12k
Benefits
$21k
Bulk Power, Fuels & Energy Resources Manager
Highest Compensated Employee
75th to 90th percentile
$284k
$301k
Base
$210k
Bonus
Other
$5k
Benefits
$11k
Board Member
Median to 75th percentile
$28k
$30k
Board Member
Median to 75th percentile
$25k
$26k
Board Member
Median to 75th percentile
$24k
$25k
Board Member
Median to 75th percentile
$24k
$25k
Board Member
Median to 75th percentile
$23k
$25k
Board Member
Median to 75th percentile
$23k
$25k
Board Member
Median to 75th percentile
$23k
$25k
Board Member
Median to 75th percentile
$23k
$25k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$23k
$24k
Board Member
Median to 75th percentile
$22k
$24k
Board Member
Median to 75th percentile
$22k
$24k
Board Member
Median to 75th percentile
$22k
$23k
Board Member
Median to 75th percentile
$22k
$23k
Board Member
Median to 75th percentile
$22k
$23k
Board Member
Median to 75th percentile
$22k
$23k
Board Member
Median to 75th percentile
$21k
$23k
Board Member
Median to 75th percentile
$21k
$23k
Board Member
Median to 75th percentile
$21k
$23k
Board Member
Median to 75th percentile
$21k
$23k
Board Member
Median to 75th percentile
$21k
$22k
Board Member
Median to 75th percentile
$20k
$22k
Board Member
Median to 75th percentile
$20k
$22k
Board Member
Median to 75th percentile
$20k
$21k
Board Member
Median to 75th percentile
$18k
$20k
Board Member
25th percentile to median
$16k
$17k
Board Member
25th percentile to median
$16k
$16k
Board Member
25th percentile to median
$15k
$16k
Board Member
25th percentile to median
$14k
$15k
Board Member
25th percentile to median
$14k
$15k
Board Member
25th percentile to median
$13k
$14k
Board Member
25th percentile to median
$12k
$13k
Board Member
25th percentile to median
$12k
$13k
Board Member
25th percentile to median
$8k
$8k
Board Member
25th percentile to median
$8k
$8k
Board Member
25th percentile to median
$6k
$7k
Board Member
25th percentile to median
$6k
$7k
Board Member
25th percentile to median
$5k
$5k
Board Member
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 11%
from 2023

From $2.1M in 2023 to $2.4M in 2024.

$2.1M
2023
$2.4M
2024
In today's dollarsEst.
Up 8% in real terms$2.3M to $2.5M

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 20%.

$2.1M in 2023 to $2.4M in 2024.
  • Senior Vice President pay rose 8% from 2023 to 2024.
  • Vice President pay rose 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PowerSouth Energy Cooperative reported revenue and expenses across 2 filing years.

RevenueExpenses
$718.1M
$704.9M
2023
$859.7M
$845.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PowerSouth Energy Cooperative

What does the Chief Executive Officer of PowerSouth Energy Cooperative earn?

In 2024, the Chief Executive Officer of PowerSouth Energy Cooperative received $2,376,048 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PowerSouth Energy Cooperative compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PowerSouth Energy Cooperative falls in the top 10%.

What are PowerSouth Energy Cooperative's revenue and expenses?

In 2024, PowerSouth Energy Cooperative reported $859.7M in total revenue and $845.1M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.