EIN 64-0367992

Cooperative Energy

IRS 501(c) type
501(c)(12)
Num. employees
567
Year formed
1941
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Provide and transmit through generation and purchase of electricity, wholesale electricity to 11 member owned distribution cooperatives, each serving retail consumers.
Also known as...
South Mississippi Electric Power Association
Total revenues
$956,651,180
2022
Total expenses
$956,651,180
2022
Total assets
$2,189,288,268
2022
Num. employees
567
2022

Program areas at Cooperative Energy

Provide affordable and reliable electric Energy to member cooperatives. The 11 member cooperatives provide service to approximately 448,535 meters in Mississippi. Cooperative Energy and the 11 member systems are consumer-owned, non-profit businesses. During 2022, Cooperative Energy provided member systems with 10,368,614 mwh of Energy.

Grants made by Cooperative Energy

GranteeGrant descriptionAmount
Southwest Mississippi Electric Power AssociationEconomic Development$604,416
Mississippi's Toughest Kids FoundationEconomic Development$50,000
Area Development Partnership (ADP)Economic Development$32,000
...and 2 more grants made

Personnel at Cooperative Energy

NameTitleCompensation
Jeff BowmanSenior Vice President and Chief Executive Officer / Senior Vice President and Chief Administrative Officer / Chief Legal Officer / Chief Legal and Communications Officer$792,545
Gary HutsonSenior Vice President and Chief Operating Officer / Vice President and Power Supp / Director of Operations and Planning$300,652
Nathan BrownSenior Vice President and Chief Operating Officer$606,822
Kevin R GraceChief Financial Officer$226,784
Christa bishopExecutive Vice President / Senior Vice President and Chief Commercial Officer$306,131
...and 14 more key personnel

Financials for Cooperative Energy

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$955,133,468
Investment income and dividends$1,409,375
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$108,337
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$956,651,180

Form 990s for Cooperative Energy

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-04990View PDF
2020-122021-10-26990View PDF
2019-122021-06-24990View PDF
2018-122020-01-14990View PDF
...and 10 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 6 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 4 new vendors, including , , , and
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsPublic utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
PO Box 15849
Hattiesburg, MS 39404
Metro area
Hattiesburg, MS
County
Forrest County, MS
Website URL
cooperativeenergy.com/ 
Phone
(601) 268-2083
IRS details
EIN
64-0367992
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1941
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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