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Filing year 2024

BALDWIN COUNTY ELECTRIC MEMBERSHIP CORPORATION

Summerdale, Alabama·EIN 63-0014658·12
Total revenue
$223.3M
Total assets
$387.4M
Total expenses
$217.6M
Reported officers
16
Mission

RURAL ELECTRIC COOPERATIVE SERVING BALDWIN AND MONROE COUNTIES IN ALABAMA.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Base
$499k
Bonus
$72k
Other
$137k
Benefits
$25k
VP Fin/acc
vice president
$410k
$435k
Base
$281k
Bonus
$7k
Other
$16k
Benefits
$25k
VP Engineeri
vice president
$383k
$406k
Base
$261k
Bonus
$3k
Other
$18k
Benefits
$25k
VP Corp. Ser
vice president
$357k
$379k
Base
$245k
Bonus
$6k
Other
$12k
Benefits
$25k
Manager Engi
highest compensated employee
$274k
$291k
Base
$176k
Bonus
$4k
Other
$18k
Benefits
$24k
Base
$176k
Bonus
$44k
Other
$3k
Benefits
$9k
VP Operation
vice president
$258k
$273k
Base
$180k
Bonus
$6k
Other
$1k
Benefits
$24k
Member Servi
highest compensated employee
$244k
$259k
Base
$158k
Bonus
$3k
Other
$12k
Benefits
$24k
System Comm.
highest compensated employee
$240k
$255k
Base
$156k
Bonus
$3k
Other
$10k
Benefits
$26k
$96k
$101k
Director
board member
$87k
$93k
Director
board member
$84k
$89k
Director
board member
$70k
$74k
Vice-preside
vice president
$68k
$72k
Secretary/tr
officer (unspecified)
$65k
$68k
Director
board member
$61k
$65k

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.

Up 14%
from 2023

From $726k in 2023 to $832k in 2024.

$726k
2023
$832k
2024
In today's dollarsEst.
Up 11% in real terms$793k to $882k

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

BALDWIN COUNTY ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$203.4M
$199.8M
2023
$223.3M
$217.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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