Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 63-0161119

PEA RIVER ELECTRIC COOPERATIVE

Tax-exempt · OZARK, AL 36360

Financials

$51.8M$50.2M2023$56.4M$54.3M2024
Revenue Expenses · by fiscal year end
Financials of PEA RIVER ELECTRIC COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$56,380,284$54,276,724$2,103,560$182,718,794$111,742,310$70,976,484
December 31, 2023990$51,841,849$50,245,223$1,596,626$148,492,008$79,311,974$69,180,034
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$54,361,365
Investment income
$342,957
Net rental income
$1,517,503
Other revenue
$1,675,962

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,163,649
Compensation of officers, directors and key employees
$521,932
Other salaries and wages
$765,391
Salaries, compensation and benefits (total)
$1,287,323
Professional fundraising fees
$0
Depreciation
$4,824,287

Balance sheet and other

Total assets, start of year
$148,492,008
Total assets, end of year
$182,718,794
Total liabilities, end of year
$111,742,310
Net assets, end of year
$70,976,484
Land, buildings and equipment
$147,679,178
Publicly traded securities
-$615,695
Gross unrelated business income
$1,517,503
Gross receipts
$56,380,284
Employees
88

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.

NameTitleHours / weekCompensationOther / benefits
BRIAN WHATLEYVP OPERATION
Highest-paid employee
55$154,177$160,591
JEFFREY M HODGESCEO
Officer
60$207,440$85,559
EUGENE JACKSONENGINEER
Highest-paid employee
50$177,097$68,692
BRENDA OVERTONVP BROADBAND
Highest-paid employee
45$153,798$24,728
JOSHUA GERMANCONSTRUCTION
Highest-paid employee
56$136,289$33,929
JUSTIN BRADDYCONSTRUCTION
Highest-paid employee
53$144,030$25,378
CHELSEY POLUMBOCFO
Officer
42$105,322$24,984
BILLY W DANZEYTRUSTEE
Trustee or director
10$37,914$0
MICHAEL STARLINGTRUSTEE
Trustee or director
14$15,300$22,343
JACK EDWIN JONES JRTRUSTEE
Trustee or director
12$35,594$0
LARRY L GRANTHAMTRUSTEE
Trustee or director
12$13,200$22,166
BRAXTON GREENVICE PRESIDE
Trustee or director, Officer
10$32,294$0
LEE T PETERSPRESIDENT
Trustee or director, Officer
8$31,694$0
JAMES E MILLERTRUSTEE
Trustee or director
8$8,480$22,272
LOWELL BRISTOWTRUSTEE
Trustee or director
8$7,500$22,343
1 more people on this return
NameTitleHours / weekCompensation
WILLIAM H STRICKLANDSECRETARY
Trustee or director, Officer
6$27,194
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
JEFFREY M HODGESCEO
Officer
60$197,892$75,859
EUGENE JACKSONENGINEER
Highest-paid employee
50$174,282$65,400
SCOTTY BAREFOOTOPPERATIONS
Highest-paid employee
50$161,126$64,749
TERRY CHANCEYCONSTRUCTION
Highest-paid employee
47$130,430$90,594
BRIAN WHATLEYVP OPERATION
Highest-paid employee
45$123,328$80,252
RUSTIN CLARKCONSTRUCTION
Highest-paid employee
47$123,408$53,139
CHELSEY POLUMBOCFO
Officer
42$98,427$24,286
BILLY W DANZEYTRUSTEE
Trustee or director
10$34,740$0
LARRY L GRANTHAMTRUSTEE
Trustee or director
9$12,900$20,801
LOWELL BRISTOWTRUSTEE
Trustee or director
8$11,400$20,990
JACK EDWIN JONES JRTRUSTEE
Trustee or director
8$31,440$0
MICHAEL STARLINGTRUSTEE
Trustee or director
8$11,400$19,838
BRAXTON GREENVICE PRESIDE
Trustee or director, Officer
7$30,640$0
LEE T PETERSPRESIDENT
Trustee or director, Officer
6$29,140$0
WILLIAM H STRICKLANDSECRETARY
Trustee or director, Officer
5$27,240$0
JAMES E MILLERTRUSTEE
Trustee or director
4$5,100$20,915

Address and contacts

Address (IRS master file)
1311 W ROY PARKER RD, OZARK, AL 36360-8651
Principal officer (990 for 2024)
JEFFREY M HODGES
Signed the 990
JEFFREY M HODGES, CEO
Phone
(334) 774-2545
Return prepared by
GRUENLOH MATZ & ASSOCIATES PC

Mission

TO PROVIDE THE BEST VALUE IN QUALITY ELECTRIC AND RELATED SERVICES IN SOUTHEAST ALABAMA.

990 for the year ended December 31, 2024

Program accomplishments

  • UTILIZING APPROXIMATELY 3,218 MILES OF DISTRIBUTION LINES, PEA RIVER ELECTRIC COOPERATIVE, INC. SOLD 322,993,151 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS MEMBERS.
  • THE COOPERATIVE PROVIDED ELECTRIC SERVICE TO 14,510 MEMBERS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
63-0161119
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$182,718,794
Income (IRS master file)
$56,380,284

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$56,380,284$54,276,724$182,718,794XML
990December 2023$51,841,849$50,245,223$148,492,008XML
990December 2022$48,527,907$48,027,033$131,213,257IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 63-0161119).

Questions about PEA RIVER ELECTRIC COOPERATIVE

What is the EIN of PEA RIVER ELECTRIC COOPERATIVE?
The employer identification number (EIN) of PEA RIVER ELECTRIC COOPERATIVE is 63-0161119.
Is PEA RIVER ELECTRIC COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1976.
Are donations to PEA RIVER ELECTRIC COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PEA RIVER 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 PEA RIVER ELECTRIC COOPERATIVE 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 PEA RIVER ELECTRIC COOPERATIVE 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 PEA RIVER ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2024 names JEFFREY M HODGES.
Who are the officers and directors of PEA RIVER ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $154,177 (BRIAN WHATLEY, VP OPERATION).
How much revenue does PEA RIVER ELECTRIC COOPERATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $56,380,284, expenses of $54,276,724 and total assets of $182,718,794 at year end.

Other nonprofits in OZARK

All nonprofits in OZARK · Alabama