Southern Maryland

Public benefit organization based in Hughesville, MD. 583 employees. Exempt under §501(c)(12).

MissionSAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF SOUTHERN MARYLAND ELECTRIC COOPERATIVE.

Financial snapshot · TY 2023

$482.1M
Total revenue
$479.6M
Total expenses
$1.2B
Net assets

Financial health · TY 2023

19
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
43
7.8 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
6
Mix of program fees, grants & contributions

Leadership compensation

Sonja M Cox
PRESIDENT &
$883,705
75th percentile vs. peers
Campbell B Hawkins
SR VP & CSIO
$620,587
100th percentile vs. peers
Mark a Macdougall
SR VP & COUN
$562,068
100th percentile vs. peers
$557,900
100th percentile vs. peers
Roger Schneider
SR VP & COO
$498,121
100th percentile vs. peers

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Southern Maryland Executive Compensation | 990 Data | DoubleNine