Nonprofit · EIN 63-0049012
COOSA VALLEY ELECTRIC COOPERATIVE INC
Tax-exempt · TALLADEGA, AL 35161
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $60,472,758 | $60,472,758 | $0 | $214,149,350 | $143,197,760 | $70,951,590 |
| December 31, 2023 | 990 | $57,978,806 | $57,978,806 | $0 | $190,829,754 | $124,376,959 | $66,452,795 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $53,901,519
- Investment income
- $137,414
- Net rental income
- $6,214,946
- Net gain from sales of assets
- $96,709
- Other revenue
- $6,433,825
Expenses
- Grants and similar amounts paid
- $28,500
- Benefits paid to members
- $6,187,674
- Compensation of officers, directors and key employees
- $697,935
- Salaries, compensation and benefits (total)
- $697,935
- Professional fundraising fees
- $0
- Depreciation
- $5,505,590
Balance sheet and other
- Total assets, start of year
- $190,829,754
- Total assets, end of year
- $214,149,350
- Total liabilities, end of year
- $143,197,760
- Net assets, end of year
- $70,951,590
- Land, buildings and equipment
- $168,118,004
- Gross unrelated business income
- $3,755,030
- Gross receipts
- $60,472,758
- Employees
- 81
- Volunteers
- 0
- Year formed
- 1939
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jon Cullimore | General Manager Officer | 50 | $218,856 | $95,926 |
| Robert Smith | Manager of Operations Highest-paid employee | 50 | $155,205 | $149,402 |
| Kim Maye | CFO Officer | 50 | $142,321 | $55,182 |
| Allen Perly | Crew Chief Lineman Highest-paid employee | 50 | $148,405 | $45,605 |
| Roy Henderson | Crew Chief Lineman Highest-paid employee | 50 | $154,483 | $30,575 |
| Matt Walker | Crew Chief Lineman Highest-paid employee | 50 | $159,213 | $18,559 |
| Spencer Whisenant | Mgr Engineering Highest-paid employee | 50 | $121,424 | $9,376 |
| Sammy Gallman | Director Trustee or director | 5 | $31,400 | $0 |
| Marilyn George Davis | President Trustee or director, Officer | 5 | $28,650 | $0 |
| Dennis Brasher | Director Trustee or director | 5 | $27,550 | $0 |
| Christine Garrett | Director Trustee or director | 5 | $27,400 | $0 |
| Robert Dixon | Director Trustee or director | 5 | $27,000 | $0 |
| Michael Hubbard | Secretary/Treasurer Trustee or director, Officer | 5 | $26,450 | $0 |
| Mary Land | Vice President Trustee or director, Officer | 5 | $17,200 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jon Cullimore | General Manager Officer | 50 | $176,056 | $84,963 |
| Ryan Hart | Mgr Engineering Highest-paid employee | 50 | $214,647 | $25,225 |
| Aaron Pate | Lineman Highest-paid employee | 50 | $150,858 | $55,773 |
| Roy Henderson | Crew Chief Lineman Highest-paid employee | 50 | $159,235 | $30,377 |
| Allen Perly | Crew Chief Lineman Highest-paid employee | 50 | $143,885 | $45,125 |
| Kim Maye | CFO Officer | 50 | $121,966 | $43,188 |
| William Huffaker | Lineman Highest-paid employee | 50 | $144,154 | $9,178 |
| Marilyn George Davis | President Trustee or director, Officer | 5 | $31,650 | $0 |
| Sammy Gallman | Director Trustee or director | 5 | $28,900 | $0 |
| Christine Garrett | Director Trustee or director | 5 | $28,350 | $0 |
| Michael Hubbard | Secretary/Treasurer Trustee or director, Officer | 5 | $27,800 | $0 |
| Robert Dixon | Director Trustee or director | 5 | $27,250 | $0 |
| Mary Land | Vice President Trustee or director, Officer | 5 | $19,800 | $0 |
| Buddy Watson | Director Trustee or director | 5 | $7,775 | $0 |
| Dennis Brasher | Director Trustee or director | 5 | $6,800 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 837, TALLADEGA, AL 35161-0837
- Principal officer (990 for 2024)
- Jon Cullimore, PO Box 837, Talladega, AL 35161
- Signed the 990
- Jon Cullimore, General Manager
- Phone
- (256) 362-4180
- Website
- www.coosavalleyec.com
- Return prepared by
- Jackson Thornton & Co PC
Mission
Coosa Valley Electric Cooperative is a member owned and operated total energy cooperative providing economic and community development while delivering high quality services at competitive rates with competent and well-trained employees adhering to strong and ethical business practices.
Program accomplishments
- Coosa Valley Electric Cooperative is a member-owned distribution cooperative which provides electric service to approximately 14,756 members located in Alabama.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0049012
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1944
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $214,149,350
- Income (IRS master file)
- $60,472,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $60,472,758 | $60,472,758 | $214,149,350 | XML |
| 990 | December 2023 | $57,978,806 | $57,978,806 | $190,829,754 | XML |
| 990 | December 2022 | $50,119,583 | $50,119,583 | $161,924,550 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 63-0049012).
Questions about COOSA VALLEY ELECTRIC COOPERATIVE INC
- What is the EIN of COOSA VALLEY ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of COOSA VALLEY ELECTRIC COOPERATIVE INC is 63-0049012.
- Is COOSA VALLEY ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1944.
- Are donations to COOSA VALLEY ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COOSA VALLEY ELECTRIC COOPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COOSA VALLEY ELECTRIC COOPERATIVE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COOSA VALLEY ELECTRIC COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COOSA VALLEY ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 names Jon Cullimore.
- Who are the officers and directors of COOSA VALLEY ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 14 received compensation from the organization, the highest $218,856 (Jon Cullimore, General Manager).
- How much revenue does COOSA VALLEY ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $60,472,758, expenses of $60,472,758 and total assets of $214,149,350 at year end.
Other nonprofits in TALLADEGA
- TALLADEGA COLLEGE EIN 63-0288870 · last filed 990 for 2025
- COMMUNITY ACTION AGENCY TALLADEGA CLAY RANDOLPH CALHOUN & CLEBURNE EIN 63-0502395 · last filed 990 for 2024
- PRESBYTERIAN HOME FOR CHILDREN EIN 63-0307953 · last filed 990 for 2025
- TALLADEGA COLLEGE REAL ESTATE SC INC EIN 82-4609555 · last filed 990 for 2025
- ALABAMA INSTITUTE FOR DEAF AND BLIND FOUNDATION INC EIN 63-0797728 · last filed 990 for 2025
- TALLADEGA PRESBYTERIAN APARTMENTS INC EIN 63-0901472 · last filed 990 for 2026
- NEW BEGINNINGS RECOVERY INC EIN 83-2667234 · last filed 990 for 2024
- CHAMBER OF COMMERCE INC OF TALLADEGA EIN 63-0205825 · last filed 990 for 2024