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Filing year 2024

ASHLEY-CHICOT ELECTRIC COOPERATIVE INC

Hamburg, Arkansas·EIN 71-0205220·12
Total revenue
$14.9M
Total assets
$50.3M
Total expenses
$14.9M
Reported officers
12
Mission

SALE OF ELECTRICITY TO RURAL MEMBERS

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$153k
$162k
Base
$129k
Bonus
Other
Benefits
$24k
Operations Manager
highest compensated employee
$139k
$148k
Lead Service Man
highest compensated employee
$135k
$143k
Construction Forman
highest compensated employee
$132k
$140k
Construction Forman
highest compensated employee
$123k
$131k
Director
board member
$15k
$16k
Secretary
secretary (operational)
$13k
$13k
Vice President
vice president
$5k
$5k
Director
board member
$5k
$5k
Director
board member
$2k
$3k
Director
board member
$2k
$3k

Teal figures restate each filed amount in 2026 dollars.

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

Down 31%
from 2023

From $220k in 2023 to $153k in 2024.

$220k
2023
$153k
2024
In today's dollarsEst.
Down 33% in real terms$240k to $162k

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

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

Revenue and expenses over time

ASHLEY-CHICOT ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$12M
$12M
2023
$14.9M
$14.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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