International Brotherhood of Electrical Workers

“PowerSouth has 20 members.”

“Each member has the ability to elect 2 Directors to the Board.”

“The President / CEO reviews the Form 990 with the Executive Committee who then reports to the Board of Trustees.”

“Compensation Process: PowerSouth's systematic Salary Compensation Plan for management, supervisory, technical and clerical employees was developed by the Hay Group and has been used since the 1980's. The Hay Methodology evaluates jobs on three major factors - (1) required job knowledge and skills (2) the degree of thinking and problem solving required for decision making and (3) the degree of accountability for actions and the consequences of those actions. After evaluation, each job is assigned a point value and a salary range. Each year, Hay reviews the salary ranges of our jobs and compares them to the market to determine where we relate to others in our industry. From the information obtained through extensive surveys conducted by Hay (Hay Group Energy Industry and Local Area Survey databases), it will determine if our midpoints are below, above or equal to the market average. This ensures internal equity and external competitiveness. If needed, Hay makes a recommendation to adjust our pay structure (salary ranges) based on the market and its movement. PowerSouth's Board of Directors is informed of this information and has the final decision as to what action is taken. We proceed as the Board of Directors advise.”

“Form 990 is available to the public upon request. Certain governance documents are available via Alabama Secretary of State website. Audited Financial Statements (Annual Reports) are available for viewing and downloading via PowerSouth's website.”

“Power Production Maintenance $40,524,468 Transmission Maintenance $6,459,926 Distribution Operations $3,301,941 Distribution Maintenance $2,846,144 Administration and General $18,799,369”