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Filing year 2024

ARIZONA ELECTRIC POWER COOPERATIVE INC

Benson, Arizona·EIN 86-0176697·NTEE Y43 · Mutual & Membership Benefit·501(c)(12)
Total revenue
$190M
Total assets
$770.1M
Total expenses
$186.7M
Reported officers
27
Mission

PROVIDE ELECTRIC SERVICE TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 26 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Chief Excecutive Officer
Officer (Unspecified)
$871k
$928k
Base
$630k
Bonus
$40k
Other
$99k
Benefits
$24k
Chief Financial Officer
Above 90th percentile
$421k
$448k
Base
$306k
Bonus
$405
Other
$26k
Benefits
$22k
Key Employee
75th to 90th percentile
$404k
$431k
Base
$299k
Bonus
$434
Other
$17k
Benefits
$20k
Key Employee
75th to 90th percentile
$396k
$422k
Base
$288k
Bonus
$432
Other
$21k
Benefits
$21k
Key Employee
Officer (Unspecified)
$357k
$380k
Base
$283k
Bonus
$752
Other
$7k
Benefits
$22k
Key Employee
75th to 90th percentile
$356k
$379k
Base
$269k
Bonus
$423
Other
$4k
Benefits
$25k
General Counsel
Key Employee
75th to 90th percentile
$355k
$378k
Base
$289k
Bonus
$895
Other
Benefits
$26k
Highest Compensated Employee
75th to 90th percentile
$292k
$311k
Base
$211k
Bonus
$8k
Other
Benefits
$25k
Highest Compensated Employee
75th to 90th percentile
$280k
$298k
Base
$218k
Bonus
$1k
Other
$4k
Benefits
$24k
Key Employee
75th to 90th percentile
$277k
$295k
Base
$211k
Bonus
$2k
Other
$7k
Benefits
$17k
Highest Compensated Employee
75th to 90th percentile
$266k
$284k
Base
$217k
Bonus
$2k
Other
Benefits
$17k
Highest Compensated Employee
75th to 90th percentile
$258k
$274k
Base
$189k
Bonus
$2k
Other
Benefits
$25k
Key Employee
Highest Compensated Employee
Median to 75th percentile
$223k
$238k
Base
$178k
Bonus
$2k
Other
Benefits
$20k
Director (president)
25th percentile to median
$38k
$40k
Director
Board Member
Median to 75th percentile
$34k
$37k
Director(vice President)
Vice President
75th to 90th percentile
$31k
$33k
Director
Board Member
Median to 75th percentile
$29k
$31k
Director
Board Member
Median to 75th percentile
$27k
$29k
Director
Board Member
Median to 75th percentile
$25k
$27k
Director
Board Member
Median to 75th percentile
$24k
$26k
Director(secretary)
Officer (Unspecified)
$24k
$26k
Director
Board Member
Median to 75th percentile
$20k
$21k
Director
Board Member
25th percentile to median
$13k
$13k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ARIZONA ELECTRIC POWER COOPERATIVE INC equaled 0.5% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.5%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $865k in 2023 to $871k in 2024.

$865k
2023
$871k
2024
In today's dollarsEst.
Down 2% in real terms$946k to $928k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 8% from 2023 to 2024, while revenue fell 17%.

$388k in 2023 to $421k in 2024.
  • Key Employee pay rose 4% from 2023 to 2024.
  • Highest Compensated Employee pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ARIZONA ELECTRIC POWER COOPERATIVE INC

What does the Chief Financial Officer of ARIZONA ELECTRIC POWER COOPERATIVE INC earn?

In 2024, the Chief Financial Officer of ARIZONA ELECTRIC POWER COOPERATIVE INC received $420,560 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at ARIZONA ELECTRIC POWER COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Financial Officer at ARIZONA ELECTRIC POWER COOPERATIVE INC falls in the top 10%. In 2024, the highest total compensation at ARIZONA ELECTRIC POWER COOPERATIVE INC equaled 0.5% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are ARIZONA ELECTRIC POWER COOPERATIVE INC's revenue and expenses?

In 2024, ARIZONA ELECTRIC POWER COOPERATIVE INC reported $190M in total revenue and $186.7M in total expenses on its IRS Form 990.

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