Dixie Electric Cooperative

Organization Overview

Dixie Electric Cooperative is located in Montgomery, AL. The organization was established in 1943. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Dixie Electric Cooperative employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dixie Electric Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Dixie Electric Cooperative generated $66.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $64.6m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DIXIE ELECTRIC COOPERATIVE IS COMMITTED TO SAFELY PROVIDING ITS MEMBER- OWNERS WITH ECONOMICAL AND RELIABLE ELECTRIC POWER AND RELATED SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED ELECTRIC SERVICE TO AN AVERAGE OF 25,607 MEMBER-OWNERS WITHIN ITS EIGHT COUNTY SERVICE TERRITORY LOCATED IN CENTRAL ALABAMA, INCLUDING BULLOCK, MACON AND MONTGOMERY COUNTIES.


ALLOCATION OF TRUSTEE AND KEY EMPLOYEE SALARY EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Harrison
Ceo/general
$324,737
Brandon Johnson
Vp-Engineeri
$196,324
Ernie Faulkner
Vp-Marketing
$191,713
Mike Barlow
CFO
$165,872
Brent Moffett
Vp-External
$161,793
Houston Fuqua
District For
$144,049

Outside Vendors & Contractors

Vendor Name (Service)Compensation
First Avenue Funding Ca-par
Construction
$711,167
Meridian
Comp. Support
$688,223
Jackson Line Clearing
Row Cutting
$433,154
Lee Electrical Construction
Construction
$260,850
Alcan Management Llc
Row Spraying
$124,490
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$64,396,114
Investment income $1,189,316
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $258,933
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $66,291,723

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Dixie Electric Cooperative has recieved totaling $25,000.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: INTEGRITY FUND - TERRITORY THREAT

$25,000
View Grant Recipient Profile

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