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Nonprofit · EIN 63-0052772

CULLMAN ELECTRIC COOPERATIVE

Tax-exempt · CULLMAN, AL 35055

Financials

$150.6M$150.6M2023$167.9M$167.9M2024
Revenue Expenses · by fiscal year end
Financials of CULLMAN ELECTRIC COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$167,943,353$167,943,353$0$340,062,839$190,973,922$149,088,917
June 30, 2024990$150,626,956$150,626,956$0$303,612,808$164,823,306$138,789,502
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$162,202,285
Investment income
$946,999
Net rental income
$2,632,906
Other revenue
$4,794,069

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$10,345,522
Compensation of officers, directors and key employees
$1,043,851
Salaries, compensation and benefits (total)
$1,043,851
Professional fundraising fees
$0
Depreciation
$13,470,513

Balance sheet and other

Total assets, start of year
$303,612,808
Total assets, end of year
$340,062,839
Total liabilities, end of year
$190,973,922
Net assets, end of year
$149,088,917
Land, buildings and equipment
$288,857,955
Gross unrelated business income
$14,144,307
Gross receipts
$167,943,353
Employees
140
Volunteers
0
Year formed
1936
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Tim CulpepperCEO
Officer
45$375,081$110,968
Wade YarbroughVice President of Operations & Field Service
Highest-paid employee
45$169,235$91,759
Terry GrahamManager of Key Accounts & Meter Services
Highest-paid employee
45$160,857$76,537
Ernie GeisenWorking Foreman
Highest-paid employee
45$177,398$59,258
Daniel StricklinVice President of Information Services
Highest-paid employee
45$175,613$57,904
Justin LeeCOO
Officer
45$201,523$22,843
Mark FreemanVice President of Network Operations
Highest-paid employee
45$170,110$24,773
Matt SchlosserCFO
Officer
45$133,888$15,708
Robert TidwellChairperson
Trustee or director
1$22,200$0
James FieldsVice Chairperson
Trustee or director
3$21,600$0
Chad AlexanderTreasurer
Trustee or director
2$21,600$0
Lynda CarterSecretary
Trustee or director
2$21,600$0
Daryl CalvertTrustee
Trustee or director
2$21,600$0
Phillip GarrisonTrustee
Trustee or director
2$21,600$0
Lisa WeeksTrustee
Trustee or director
2$21,600$0
3 more people on this return
NameTitleHours / weekCompensation
David HembreeTrustee
Trustee or director
4$21,600
Sheila SizemoreTrustee
Trustee or director
3$10,440
Trina WalkerTrustee
Trustee or director
3$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
Tim CulpepperCEO
Officer
45$333,157$99,482
Wade YarbroughManager of Operations
Highest-paid employee
45$162,221$97,347
Jerry WeathersbyCFO
Officer
45$223,520$29,940
Ernie GeisenWorking Foreman
Highest-paid employee
45$170,181$49,996
Daniel StricklinManager of Information Ser
Highest-paid employee
45$163,812$53,222
Justin LeeManager of Engineering and
Highest-paid employee
50$181,291$22,732
William Steve LinkLineman
Highest-paid employee
54$155,050$33,179
Robert TidwellChairperson
Trustee or director
2$21,730$0
James FieldsVice Chairperson
Trustee or director
4$21,130$0
Chad AlexanderTreasurer
Trustee or director
3$21,130$0
Lynda CarterSecretary
Trustee or director
3$21,130$0
Sheila SizemoreTrustee
Trustee or director
3$21,130$0
Daryl CalvertTrustee
Trustee or director
2$21,130$0
Phillip GarrisonTrustee
Trustee or director
2$21,130$0
Lisa WeeksTrustee
Trustee or director
2$21,130$0
David HembreeTrustee
Trustee or director
4$21,130$0

Address and contacts

Address (IRS master file)
1749 EVA RD NE, CULLMAN, AL 35055-6031
In care of
% MATT SCHLOSSER
Principal officer (990 for 2024)
Tim Culpepper, PO Box 1168, Cullman, AL 350561168
Signed the 990
Tim Culpepper, CEO
Phone
(256) 737-3200
Return prepared by
Jackson Thornton & Co PC

Mission

Cullman Electric Cooperative's mission is to provide electric service to its members located in four North Alabama counties while adhering to the following values: commitment, accountability, reliability, and efficiency.

990 for the year ended June 30, 2025

Program accomplishments

  • To provide electric service and related services to members.
    Expenses $154,472,840

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
63-0052772
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1941
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$340,062,839
Income (IRS master file)
$167,943,353

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$167,943,353$167,943,353$340,062,839XML
990June 2024$150,626,956$150,626,956$303,612,808XML
990June 2023$145,062,218$145,062,218$276,811,469IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 63-0052772).

Questions about CULLMAN ELECTRIC COOPERATIVE

What is the EIN of CULLMAN ELECTRIC COOPERATIVE?
The employer identification number (EIN) of CULLMAN ELECTRIC COOPERATIVE is 63-0052772.
Is CULLMAN ELECTRIC COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1941.
Are donations to CULLMAN ELECTRIC COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CULLMAN ELECTRIC COOPERATIVE 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 CULLMAN ELECTRIC COOPERATIVE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CULLMAN ELECTRIC COOPERATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CULLMAN ELECTRIC COOPERATIVE?
The 990 for the year ended June 30, 2025 names Tim Culpepper.
Who are the officers and directors of CULLMAN ELECTRIC COOPERATIVE?
The 990 for the year ended June 30, 2025 lists 18 people; 17 received compensation from the organization, the highest $375,081 (Tim Culpepper, CEO).
How much revenue does CULLMAN ELECTRIC COOPERATIVE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $167,943,353, expenses of $167,943,353 and total assets of $340,062,839 at year end.

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