Mission
THE COOPERATIVE'S PRIMARY MISSION IS TO PROVIDE SERVICE TO ITS APPROXIMATELY 23,000 MEMBER-OWNERS IN SOUTHERN ALABAMA.
Based in ANDALUSIA, AL, COVINGTON ELECTRIC COOPERATIVE INC operates as a Public Charity. The organization reported $74.9M in revenue, $69.5M in expenses, $257.5M in total assets for fiscal year 2025.
THE COOPERATIVE'S PRIMARY MISSION IS TO PROVIDE SERVICE TO ITS APPROXIMATELY 23,000 MEMBER-OWNERS IN SOUTHERN ALABAMA.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $74.9M | $69.5M | $257.5M |
| 2024 | $71.2M | $65.6M | $243.5M |
| 2023 | $67.3M | $61.2M | $245.4M |
| 2022 | $63.7M | $59.8M | $215.3M |
| 2021 | $57.6M | $54.3M | $180.2M |
Between 2021 and 2025, reported annual revenue grew from $57.6M to $74.9M (+30%), with total assets most recently reported at $257.5M.
Interactive year-over-year charts and full filing details available with membership.