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Filing year 2024

CARROLL ELECTRIC COOPERATIVE INC

Carrollton, Ohio·EIN 34-0133865·12
Total revenue
$27.7M
Total assets
$70.3M
Total expenses
$26.4M
Reported officers
15
Mission

CARROLL ELECTRIC COOPERATIVE INC PROVIDES ELECTRICITY TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

Ceo/general
officer (unspecified)
$527k
$567k
Base
$349k
Bonus
Other
Benefits
Manager of E
highest compensated employee
$238k
$256k
Base
$159k
Bonus
Other
Benefits
Crew Leader
highest compensated employee
$195k
$210k
Base
$161k
Bonus
Other
Benefits
Lineman
highest compensated employee
$186k
$200k
Base
$156k
Bonus
Other
Benefits
Lineman
highest compensated employee
$164k
$176k
Base
$120k
Bonus
Other
Benefits
Crew Leader
highest compensated employee
$139k
$149k
Chairman
board chair
$13k
$14k
Secretary/tr
officer (unspecified)
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$11k
$11k
Director
board member
$11k
$11k
Director
board member
$10k
$11k
Vice Chairma
board vice chair
$10k
$11k
Director
board member
$9k
$10k
Director
board member
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

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

Up 13%
from 2023

From $467k in 2023 to $527k in 2024.

$467k
2023
$527k
2024
In today's dollarsEst.
Up 10% in real terms$516k to $567k

Estimated with BLS CPI-U for the Midwest 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

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

RevenueExpenses
$26.2M
$24.8M
2023
$27.7M
$26.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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