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Filing year 2024

CENTRAL ALABAMA ELECTRIC COOPERATIVE

Prattville, Alabama·EIN 63-0038505·501(c)(12)
Total revenue
$134.2M
Total assets
$466.7M
Total expenses
$127.1M
Reported officers
21
Mission

TO PROVIDE UTILITY SERVICE TO COOPERATIVE MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2024

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

President/ce
Above 90th percentile
$603k
$640k
Base
$440k
Bonus
Other
$8k
Benefits
$28k
VP Engineer/
Vice President
Above 90th percentile
$398k
$422k
Base
$233k
Bonus
Other
$2k
Benefits
$25k
VP Business
Board Vice President
Above 90th percentile
$376k
$398k
Base
$227k
Bonus
Other
$7k
Benefits
$11k
VP Customer/
Board Vice President
Above 90th percentile
$333k
$353k
Base
$217k
Bonus
Other
$540
Benefits
$27k
VP Corp/fina
Vice President
Above 90th percentile
$325k
$345k
Base
$217k
Bonus
Other
$1k
Benefits
$13k
Mgr-it
Highest Compensated Employee
75th to 90th percentile
$289k
$306k
Base
$178k
Bonus
Other
$3k
Benefits
$26k
Mgr-operatio
Highest Compensated Employee
75th to 90th percentile
$253k
$269k
Base
$171k
Bonus
Other
$3k
Benefits
$26k
Mgr-operatio
Highest Compensated Employee
75th to 90th percentile
$250k
$265k
Base
$183k
Bonus
Other
$3k
Benefits
$9k
VP Central a
Board Vice President
75th to 90th percentile
$245k
$260k
Base
$178k
Bonus
Other
$3k
Benefits
$26k
Mgr-engineer
Highest Compensated Employee
Median to 75th percentile
$234k
$249k
Base
$163k
Bonus
Other
$752
Benefits
$24k
Mgr-econ/dev
Highest Compensated Employee
Median to 75th percentile
$226k
$240k
Base
$167k
Bonus
Other
$4k
Benefits
$11k
Trustee
Board Member
75th to 90th percentile
$55k
$59k
Vice Chairma
Board Vice Chair
75th to 90th percentile
$49k
$52k
Trustee
Board Member
Median to 75th percentile
$48k
$51k
Trustee
Board Member
Median to 75th percentile
$48k
$51k
Chairman
Board Chair
Median to 75th percentile
$48k
$51k
Secretary/tr
Officer (Unspecified)
$47k
$50k
Trustee
Board Member
Median to 75th percentile
$47k
$50k
Trustee
Board Member
Median to 75th percentile
$44k
$47k
Trustee
Board Member
Median to 75th percentile
$44k
$47k
Trustee
Board Member
Median to 75th percentile
$42k
$44k

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 11%
from 2023

From $676k in 2023 to $603k in 2024.

$676k
2023
$603k
2024
In today's dollarsEst.
Down 13% in real terms$739k to $640k

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 fell 11% from 2023 to 2024, while revenue rose 10%.

$676k in 2023 to $603k in 2024.
  • Vice President pay rose 8% from 2023 to 2024.
  • Board Vice President pay rose 20% 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

CENTRAL ALABAMA ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$122.2M
$118.1M
2023
$134.2M
$127.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CENTRAL ALABAMA ELECTRIC COOPERATIVE

What does the Chief Executive Officer of CENTRAL ALABAMA ELECTRIC COOPERATIVE earn?

In 2024, the Chief Executive Officer of CENTRAL ALABAMA ELECTRIC COOPERATIVE received $603,180 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 CENTRAL ALABAMA ELECTRIC COOPERATIVE compare with similar nonprofits?

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

What are CENTRAL ALABAMA ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, CENTRAL ALABAMA ELECTRIC COOPERATIVE reported $134.2M in total revenue and $127.1M in total expenses on its IRS Form 990.

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