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South Alabama Electric Cooperative

501(c)Fed auditsIRS 990
Other · TROY, AL · EIN 63-0193841

About

The aim of South Alabama Electric Cooperative is to provide reliable, quality, electric energy and related services to meet the needs of our diverse consumer base at the lowest possible cost consistent with sound economy and good management.

Donations are NOT tax-deductible
Category
Other
Employees
62
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$59.3M
Expenses
$60.3M
Assets
$177.7M
Liabilities
$97.5M

Financial history

$60.3M$30.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $59.3M · Avg: $48.1M
SOUTH ALABAMA ELECTRIC COOPERATIVE
Your actions

Address

PO BOX 449
TROY, AL, 36081-044

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.