Cooperative Energy

Unknown organization based in Hattiesburg, MS. 572 employees. Exempt under §501(c)(12).

MissionPROVIDE AND TRANSMIT THROUGH GENERATION AND PURCHASE OF ELECTRICITY, WHOLESALE ELECTRICITY TO 11 MEMBER OWNED COOPERATIVES, EACH SERVING RETAIL CONSUMERS.

EIN
64-0367992
State
MS
Sector
Unknown
Budget band
$50M+
Latest filing
TY 2024
Records
10 officers · 6 years

Financial snapshot · TY 2024

$1.0B
Total revenue
$1.0B
Total expenses
$2.3B
Net assets

Financial health · TY 2024

13
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
31
5.6 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
1
Mix of program fees, grants & contributions

Leadership compensation

Jeff Bowman
PRESIDENT/CEO
$1,369,286
James Evans
SR VICE PRESIDENT/POWER DE
$539,269
Mark Smith
SR VICE PRESIDENT POWER GE
$526,429
Gary Hutson
SR VICE PRESIDENT/COO
$489,599
Kevin Grace
SR. VICE PRESIDENT/ CFO
$465,606

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Cooperative Energy Executive Compensation | 990 Data | DoubleNine