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Filing year 2024

CENTRAL ALABAMA ELECTRIC COOPERATIVE

Prattville, Alabama·EIN 63-0038505·12
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 · Schedule J · 21 reported individuals · Filing year 2024

$603k
$640k
Base
$440k
Bonus
Other
$8k
Benefits
$28k
VP Engineer/
vice president
$398k
$422k
Base
$233k
Bonus
Other
$2k
Benefits
$25k
VP Business
vice president
$376k
$398k
Base
$227k
Bonus
Other
$7k
Benefits
$11k
VP Customer/
vice president
$333k
$353k
Base
$217k
Bonus
Other
$540
Benefits
$27k
VP Corp/fina
vice president
$325k
$345k
Base
$217k
Bonus
Other
$1k
Benefits
$13k
Mgr-it
highest compensated employee
$289k
$306k
Base
$178k
Bonus
Other
$3k
Benefits
$26k
Mgr-operatio
highest compensated employee
$253k
$269k
Base
$171k
Bonus
Other
$3k
Benefits
$26k
Mgr-operatio
highest compensated employee
$250k
$265k
Base
$183k
Bonus
Other
$3k
Benefits
$9k
VP Central a
vice president
$245k
$260k
Base
$178k
Bonus
Other
$3k
Benefits
$26k
Mgr-engineer
highest compensated employee
$234k
$249k
Base
$163k
Bonus
Other
$752
Benefits
$24k
Mgr-econ/dev
highest compensated employee
$226k
$240k
Base
$167k
Bonus
Other
$4k
Benefits
$11k
Trustee
board member
$55k
$59k
Vice Chairma
board vice chair
$49k
$52k
Trustee
board member
$48k
$51k
Trustee
board member
$48k
$51k
Chairman
board chair
$48k
$51k
Secretary/tr
officer (unspecified)
$47k
$50k
Trustee
board member
$47k
$50k
Trustee
board member
$44k
$47k
Trustee
board member
$44k
$47k
Trustee
board member
$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.

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.
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