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Filing year 2024

CARROLL ELECTRIC COOPERATIVE INC

Carrollton, Ohio·EIN 34-0133865·501(c)(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 · 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/general
Officer (Unspecified)
$527k
$567k
Base
$349k
Bonus
Other
Benefits
Manager of E
Highest Compensated Employee
75th to 90th percentile
$238k
$256k
Base
$159k
Bonus
Other
Benefits
Crew Leader
Highest Compensated Employee
Median to 75th percentile
$195k
$210k
Base
$161k
Bonus
Other
Benefits
Lineman
Highest Compensated Employee
Median to 75th percentile
$186k
$200k
Base
$156k
Bonus
Other
Benefits
Lineman
Highest Compensated Employee
25th percentile to median
$164k
$176k
Base
$120k
Bonus
Other
Benefits
Crew Leader
Highest Compensated Employee
25th percentile to median
$139k
$149k
Chairman
Board Chair
25th percentile to median
$13k
$14k
Secretary/tr
Officer (Unspecified)
$12k
$13k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$11k
Director
Board Member
25th percentile to median
$11k
$11k
Director
Board Member
25th percentile to median
$10k
$11k
Vice Chairma
Board Vice Chair
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$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.

Pay for the position

Highest Compensated Employee pay rose 3% from 2023 to 2024, while revenue rose 6%.

$231k in 2023 to $238k in 2024.
  • Board Chair pay fell 9% from 2023 to 2024.
  • Board Member pay rose 4% 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

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.
FAQ

Common questions about CARROLL ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of CARROLL ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of CARROLL ELECTRIC COOPERATIVE INC received $237,544 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at CARROLL ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at CARROLL ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

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

In 2024, CARROLL ELECTRIC COOPERATIVE INC reported $27.7M in total revenue and $26.4M in total expenses on its IRS Form 990.

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