About
Safe and effective distribution of electricity to the members of southern maryland electric cooperative.
DBA Electric Cooperative INC
Donations are NOT tax-deductible
Category
Research & Policy
Financial Snapshot
FY ending 2024-12-31Financial history
15161718192021222324
RevenueExpenses
Latest FY2024: $542.5M · Peak FY2022: $558.2M · Avg: $480.6M
SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC
Address
PO BOX 1937
Hughesville, MD, 20637-193
Governance
Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
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