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Filing year 2024

BERKELEY ELECTRIC COOPERATIVE INC

Moncks Corner, South Carolina·EIN 57-0123093·501(c)(12)
Total revenue
$488.2M
Total assets
$766.2M
Total expenses
$488.2M
Reported officers
15
Mission

BERKELEY ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY, WHILE ENHANCING THE LIVES OF THOSE WE SERVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$599k
$635k
Base
$466k
Bonus
$722
Other
$38k
Benefits
$24k
VP - Human R
Board Vice President
Above 90th percentile
$368k
$390k
Base
$233k
Bonus
$1k
Other
$8k
Benefits
$24k
VP - Finance
Board Vice President
75th to 90th percentile
$312k
$331k
Base
$236k
Bonus
$722
Other
$1k
Benefits
$24k
VP - Bce
Board Vice President
75th to 90th percentile
$310k
$328k
Base
$207k
Bonus
$713
Other
$2k
Benefits
$11k
VP - Operati
Board Vice President
75th to 90th percentile
$296k
$314k
Base
$187k
Bonus
$713
Other
$3k
Benefits
$24k
VP - Enginee
Board Vice President
75th to 90th percentile
$282k
$299k
Base
$185k
Bonus
$713
Other
$6k
Benefits
$11k
Chairman
Board Chair
Median to 75th percentile
$33k
$35k
Director
Board Member
Median to 75th percentile
$27k
$29k
Director
Board Member
Median to 75th percentile
$25k
$27k
Vice Chairma
Board Vice Chair
Median to 75th percentile
$24k
$26k
Director
Board Member
Median to 75th percentile
$23k
$24k
Secretary/tr
Officer (Unspecified)
$22k
$24k
Director
Board Member
Median to 75th percentile
$21k
$23k
Director
Board Member
Median to 75th percentile
$21k
$22k
Director
Board Member
Median to 75th percentile
$20k
$22k

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 5%
from 2023

From $571k in 2023 to $599k in 2024.

$571k
2023
$599k
2024
In today's dollarsEst.
Up 2% in real terms$624k to $635k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 12%.

$571k in 2023 to $599k in 2024.
  • Board Vice President pay fell 22% from 2023 to 2024.
  • Board Chair pay fell 3% 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.
Financial trend

Revenue and expenses over time

BERKELEY ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$437.1M
$437.1M
2023
$488.2M
$488.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BERKELEY ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of BERKELEY ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of BERKELEY ELECTRIC COOPERATIVE INC received $598,625 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BERKELEY ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BERKELEY ELECTRIC COOPERATIVE INC falls in the top 10%.

What are BERKELEY ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, BERKELEY ELECTRIC COOPERATIVE INC reported $488.2M in total revenue and $488.2M in total expenses on its IRS Form 990.

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