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EIN 63-0462077

Covington Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
93
City
Andalusia
State
Alabama
Year formed
1944
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Covington Electric Cooperative operates as an electric distribution cooperative with the primary mission to provide service to approximately 23,000 member-owners in Southern Alabama. The board reviews management and key personnel salaries using comparable data from others in the industry while positions and salaries are periodically reviewed by an outside consultant. Additionally, their programs include the distribution of electric energy to cooperative members.
Total revenues
$67,323,003
2023
Total expenses
$61,179,217
2023
Total assets
$245,434,365
2023
Num. employees
93
2023

Program areas at Covington Electric Cooperative

Distribution of Electric energy to Cooperative members.
Salaries of management and key personnel are reviewed by the board using comparable data from others in the industry. Periodically, positions and salaries are reviewed by an outside consultant.

Personnel at Covington Electric Cooperative

NameTitleCompensation
Charles E ShortPresident and Chief Executive Officer$378,601
Mark ParkerPresident , Chief Executive Officer and General Manager$265,256
Bert ChampionVice President of Operations$192,841
Kim CarterVice President of Finance and Member Relations
Kimberly M CarterVice President Finance$194,682
...and 11 more key personnel

Financials for Covington Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$63,574,635
Investment income and dividends$1,916,517
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,426,157
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$405,694
Total revenues$67,323,003

Form 990s for Covington Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-19990View PDF
2022-122023-06-01990View PDF
2021-122022-05-10990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like Covington Electric Cooperative

OrganizationLocationRevenue
Oregon Trail Electric Consumers CooperativeBaker City, OR$60,388,263
Paulding Putnam Electric Co-OpPaulding, OH$47,973,353
Heart of Texas Electric CooperativeMC Gregor, TX$71,261,483
Wood County Electric Cooperative (WCEC)Quitman, TX$104,258,547
Peninsula Light CompanyGig Harbor, WA$66,134,735
Four County Electric Membership CorporationBurgaw, NC$109,316,259
United Electric CooperativeDu Bois, PA$34,454,895
Prince George Electric Cooperative (PGEC)Waverly, VA$54,391,598
North Western Electric CooperativeBryan, OH$17,903,212
Upshur-Rural Electric Cooperative CorporationGilmer, TX$117,232,017
Data update history
August 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 1, 2024
Used new vendors
Identified 2 new vendors, including , and
February 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 24, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
18836 Us Hwy 84
Andalusia, AL 36421
County
Covington County, AL
Website URL
covington.coop/ 
Phone
(334) 222-4121
IRS details
EIN
63-0462077
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1944
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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