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Employer Identification Number 63-0238274

POWERSOUTH ENERGY COOPERATIVE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:POWERSOUTH ENERGY COOPERATIVE
Employer identification number (EIN):63-0238274
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:221100
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementCOOPERATIVE UTILITY SYSTEM - PRODUCING & DISTRIBUTING WHOLESALE ELECTRIC POWER TO & FOR COOPERATIVE MEMBERS UNDER THE PROVISIONS OF THE RURAL ELECTRIFICATION ACT OF 1936.
Number of Employees677
Number of Volunteers0
Year Formed1941

Organization Governance

Legal DomicileAL
Voting Members - Governing Body40
Voting Members - Independent40

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 283,496
Net unrelated business incomeUSD $ 254,862
Program Service Revenue from prior yearUSD $ 709,740,490
Program Service Revenue from current yearUSD $ 850,255,480
Investment Income from prior yearUSD $ 7,590,224
Investment Income from current yearUSD $ 7,252,877
Other Revenue from prior yearUSD $ 746,121
Other Revenue from current yearUSD $ 2,189,074
Gross receipts from all sourcesUSD $ 859,835,818
Net assets / fund balances at end of fiscal yearUSD $ 426,910,136
Net assets / fund balances at beginning of fiscal yearUSD $ 413,890,734
Total liabilities at end of fiscal yearUSD $ 2,268,139,924
Total liabilities at beginning of fiscal yearUSD $ 2,320,658,496
Total assets at end of fiscal yearUSD $ 2,695,050,060
Total assets at beginning of fiscal yearUSD $ 2,734,549,230
Revenues less expenses for current yearUSD $ 14,594,505
Revenues less expenses for previous yearUSD $ 13,218,061
Total expenses for current yearUSD $ 845,102,926
Total expenses for previous yearUSD $ 704,858,774
Other expenses in current yearUSD $ 835,662,555
Other expenses in previous yearUSD $ 696,159,522
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,440,371
Employee salary and benefits paid in previous yearUSD $ 8,699,252
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 859,697,431
Total revenue in previous fiscal yearUSD $ 718,076,835
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 124,292
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 639,809,830
Program Service Revenue from current yearUSD $ 846,511,214
Investment Income from prior yearUSD $ 1,792,143
Investment Income from current yearUSD $ 4,203,914
Other Revenue from prior yearUSD $ 1,774,027
Other Revenue from current yearUSD $ 1,837,340
Gross receipts from all sourcesUSD $ 852,590,413
Net assets / fund balances at end of fiscal yearUSD $ 418,857,516
Net assets / fund balances at beginning of fiscal yearUSD $ 406,347,292
Total liabilities at end of fiscal yearUSD $ 2,110,147,596
Total liabilities at beginning of fiscal yearUSD $ 2,032,753,571
Total assets at end of fiscal yearUSD $ 2,529,005,112
Total assets at beginning of fiscal yearUSD $ 2,439,100,863
Revenues less expenses for current yearUSD $ 12,510,224
Revenues less expenses for previous yearUSD $ 12,475,037
Total expenses for current yearUSD $ 840,042,244
Total expenses for previous yearUSD $ 630,900,963
Other expenses in current yearUSD $ 757,420,340
Other expenses in previous yearUSD $ 547,968,656
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 82,621,904
Employee salary and benefits paid in previous yearUSD $ 82,932,307
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 852,552,468
Total revenue in previous fiscal yearUSD $ 643,376,000
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,837,340
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 547,161,468
Program Service Revenue from current yearUSD $ 639,809,830
Investment Income from prior yearUSD $ 3,403,381
Investment Income from current yearUSD $ 1,792,143
Other Revenue from prior yearUSD $ 4,045,058
Other Revenue from current yearUSD $ 1,774,027
Gross receipts from all sourcesUSD $ 645,517,670
Net assets / fund balances at end of fiscal yearUSD $ 406,347,292
Net assets / fund balances at beginning of fiscal yearUSD $ 393,872,255
Total liabilities at end of fiscal yearUSD $ 2,032,753,571
Total liabilities at beginning of fiscal yearUSD $ 1,780,991,918
Total assets at end of fiscal yearUSD $ 2,439,100,863
Total assets at beginning of fiscal yearUSD $ 2,174,864,173
Revenues less expenses for current yearUSD $ 12,475,037
Revenues less expenses for previous yearUSD $ 12,712,603
Total expenses for current yearUSD $ 630,900,963
Total expenses for previous yearUSD $ 541,897,304
Other expenses in current yearUSD $ 547,968,656
Other expenses in previous yearUSD $ 465,629,224
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 82,932,307
Employee salary and benefits paid in previous yearUSD $ 76,268,080
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 643,376,000
Total revenue in previous fiscal yearUSD $ 554,609,907
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,774,027
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 602,255,198
Program Service Revenue from current yearUSD $ 547,161,468
Investment Income from prior yearUSD $ 7,539,589
Investment Income from current yearUSD $ 3,403,381
Other Revenue from prior yearUSD $ 2,421,149
Other Revenue from current yearUSD $ 4,045,058
Gross receipts from all sourcesUSD $ 554,644,829
Net assets / fund balances at end of fiscal yearUSD $ 393,872,255
Net assets / fund balances at beginning of fiscal yearUSD $ 381,159,652
Total liabilities at end of fiscal yearUSD $ 1,780,991,918
Total liabilities at beginning of fiscal yearUSD $ 1,478,176,747
Total assets at end of fiscal yearUSD $ 2,174,864,173
Total assets at beginning of fiscal yearUSD $ 1,859,336,399
Revenues less expenses for current yearUSD $ 12,712,603
Revenues less expenses for previous yearUSD $ 13,690,092
Total expenses for current yearUSD $ 541,897,304
Total expenses for previous yearUSD $ 598,525,844
Other expenses in current yearUSD $ 465,629,224
Other expenses in previous yearUSD $ 525,265,865
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 76,268,080
Employee salary and benefits paid in previous yearUSD $ 73,259,979
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 554,609,907
Total revenue in previous fiscal yearUSD $ 612,215,936
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 4,045,058
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 588,641,708
Program Service Revenue from current yearUSD $ 612,556,144
Investment Income from prior yearUSD $ 5,119,417
Investment Income from current yearUSD $ 6,225,501
Other Revenue from prior yearUSD $ 2,108,876
Other Revenue from current yearUSD $ 2,240,576
Gross receipts from all sourcesUSD $ 621,114,877
Net assets / fund balances at end of fiscal yearUSD $ 367,469,560
Net assets / fund balances at beginning of fiscal yearUSD $ 355,397,051
Total liabilities at end of fiscal yearUSD $ 1,371,166,348
Total liabilities at beginning of fiscal yearUSD $ 1,376,367,366
Total assets at end of fiscal yearUSD $ 1,738,635,908
Total assets at beginning of fiscal yearUSD $ 1,731,764,417
Revenues less expenses for current yearUSD $ 12,072,509
Revenues less expenses for previous yearUSD $ 9,621,606
Total expenses for current yearUSD $ 608,949,712
Total expenses for previous yearUSD $ 586,248,395
Other expenses in current yearUSD $ 527,687,697
Other expenses in previous yearUSD $ 510,942,077
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 81,262,015
Employee salary and benefits paid in previous yearUSD $ 75,306,318
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 621,022,221
Total revenue in previous fiscal yearUSD $ 595,870,001
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 2,240,576
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 622,941,704
Program Service Revenue from current yearUSD $ 596,390,518
Investment Income from prior yearUSD $ 5,355,060
Investment Income from current yearUSD $ 4,350,087
Other Revenue from prior yearUSD $ 564,749
Other Revenue from current yearUSD $ 3,249,790
Gross receipts from all sourcesUSD $ 604,676,420
Net assets / fund balances at end of fiscal yearUSD $ 345,775,445
Net assets / fund balances at beginning of fiscal yearUSD $ 332,471,534
Total liabilities at end of fiscal yearUSD $ 1,443,821,706
Total liabilities at beginning of fiscal yearUSD $ 1,513,268,391
Total assets at end of fiscal yearUSD $ 1,789,597,151
Total assets at beginning of fiscal yearUSD $ 1,845,739,925
Revenues less expenses for current yearUSD $ 13,303,911
Revenues less expenses for previous yearUSD $ 17,098,627
Total expenses for current yearUSD $ 590,686,484
Total expenses for previous yearUSD $ 611,762,886
Other expenses in current yearUSD $ 522,229,598
Other expenses in previous yearUSD $ 604,922,222
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 68,456,886
Employee salary and benefits paid in previous yearUSD $ 6,840,664
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 603,990,395
Total revenue in previous fiscal yearUSD $ 628,861,513
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 3,249,790
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 675,898,650
Program Service Revenue from current yearUSD $ 622,941,704
Investment Income from prior yearUSD $ 5,832,639
Investment Income from current yearUSD $ 5,355,060
Other Revenue from prior yearUSD $ 885,773
Other Revenue from current yearUSD $ 564,749
Gross receipts from all sourcesUSD $ 628,861,513
Net assets / fund balances at end of fiscal yearUSD $ 332,471,534
Net assets / fund balances at beginning of fiscal yearUSD $ 315,372,907
Total liabilities at end of fiscal yearUSD $ 1,513,268,391
Total liabilities at beginning of fiscal yearUSD $ 1,511,952,421
Total assets at end of fiscal yearUSD $ 1,845,739,925
Total assets at beginning of fiscal yearUSD $ 1,827,325,328
Revenues less expenses for current yearUSD $ 17,098,627
Revenues less expenses for previous yearUSD $ 16,930,219
Total expenses for current yearUSD $ 611,762,886
Total expenses for previous yearUSD $ 665,686,843
Other expenses in current yearUSD $ 604,922,222
Other expenses in previous yearUSD $ 658,903,179
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,840,664
Employee salary and benefits paid in previous yearUSD $ 6,783,664
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 628,861,513
Total revenue in previous fiscal yearUSD $ 682,617,062
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 564,749

Other Company Names associated with EIN

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 630238274

USA Mailing Address
Post Office Box 550
Andalusia
AL
36420
Date first seen: 2007-01-01
Date last seen: 2025-06-30
USA Mailing Address
P. O. BOX 550
ANDALUSIA
AL
36420
Date first seen: 2007-01-01
Date last seen: 2026-02-25

EIN Events

Event Date Event description
2010-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2010

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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