Mission
CENTRAL IS A GENERATION AND TRANSMISSION (G&T) COOPERATIVE SUPPLYING POWER TO NINETEEN MEMBER DISTRIBUTION COOPERATIVES IN SOUTH CAROLINA. CENTRAL CONSTRUCTS TRANSMISSION TAP LINES TO SERVE SUBSTATIONS OWNED BY THE DISTRIBUTION COOPERATIVES.
Executive compensation, broken down
Form 990 · Schedule J · 51 reported individuals · Filing year 2024
President & CEO
$1.5M
$1.6M
- Base
- $976k
- Bonus
- $20k
- Other
- $21k
- Benefits
- $32k
SVP of Administration & CFO
$537k
$569k
- Base
- $397k
- Bonus
- $11k
- Other
- —
- Benefits
- $31k
EVP of Member Services
executive vice president
$523k
$554k
- Base
- $386k
- Bonus
- $11k
- Other
- —
- Benefits
- $30k
SVP of Engineering & Eng Svcs
senior vice president
$435k
$461k
- Base
- $273k
- Bonus
- $8k
- Other
- —
- Benefits
- $29k
SVP of Planning & Power Supply
senior vice president
$434k
$460k
- Base
- $330k
- Bonus
- $1k
- Other
- —
- Benefits
- $25k
Dir of Transmission Design & Constr
highest compensated employee
$353k
$374k
- Base
- $179k
- Bonus
- $3k
- Other
- —
- Benefits
- $24k
Director of Engineering
highest compensated employee
$313k
$332k
- Base
- $223k
- Bonus
- $4k
- Other
- —
- Benefits
- $14k
Director of Power Supply
highest compensated employee
$310k
$328k
- Base
- $206k
- Bonus
- $3k
- Other
- $160
- Benefits
- $25k
Director of Right of Way Services
highest compensated employee
$269k
$285k
- Base
- $168k
- Bonus
- $8k
- Other
- $2k
- Benefits
- $17k
Corporate Controller
highest compensated employee
$260k
$276k
- Base
- $183k
- Bonus
- $7k
- Other
- —
- Benefits
- $18k
VP of Planning and Power Supply
vice president
$237k
$251k
- Base
- $189k
- Bonus
- $3k
- Other
- —
- Benefits
- $24k
Chairman
board chair
$44k
$47k
Vice Chairman
board vice chair
$40k
$43k
Trustee
board member
$30k
$32k
Trustee
board member
$25k
$26k
Chairman
board chair
$25k
$26k
Trustee
board member
$21k
$23k
Trustee
board member
$21k
$22k
Trustee
board member
$20k
$22k
Trustee
board member
$20k
$22k
Secretary
officer (unspecified)
$19k
$21k
Trustee
board member
$18k
$19k
Trustee
board member
$18k
$19k
Trustee
board member
$18k
$19k
Trustee
board member
$17k
$18k
Trustee
board member
$17k
$18k
Trustee
board member
$17k
$18k
Trustee
board member
$17k
$18k
Trustee
board member
$16k
$17k
Trustee
board member
$15k
$16k
Trustee
board member
$14k
$15k
Trustee
board member
$14k
$15k
Trustee
board member
$13k
$14k
Trustee
board member
$13k
$14k
Trustee
board member
$13k
$13k
Trustee
board member
$12k
$13k
Trustee
board member
$12k
$12k
Trustee
board member
$12k
$12k
Trustee
board member
$11k
$12k
Trustee
board member
$11k
$12k
Trustee
board member
$11k
$11k
Trustee
board member
$11k
$11k
Trustee
board member
$10k
$11k
Trustee
board member
$10k
$11k
Trustee
board member
$10k
$10k
Trustee
board member
$9k
$9k
Trustee
board member
$9k
$9k
Trustee
board member
$7k
$7k
Trustee
board member
$5k
$6k
Trustee
board member
$4k
$4k
Trustee
board member
$745
$790
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $976k | $20k | $21k | $32k | $1.5M $1.6M |
SVP of Administration & CFO | $397k | $11k | — | $31k | $537k $569k |
EVP of Member Services executive vice president | $386k | $11k | — | $30k | $523k $554k |
SVP of Engineering & Eng Svcs senior vice president | $273k | $8k | — | $29k | $435k $461k |
SVP of Planning & Power Supply senior vice president | $330k | $1k | — | $25k | $434k $460k |
Dir of Transmission Design & Constr highest compensated employee | $179k | $3k | — | $24k | $353k $374k |
Director of Engineering highest compensated employee | $223k | $4k | — | $14k | $313k $332k |
Director of Power Supply highest compensated employee | $206k | $3k | $160 | $25k | $310k $328k |
Director of Right of Way Services highest compensated employee | $168k | $8k | $2k | $17k | $269k $285k |
Corporate Controller highest compensated employee | $183k | $7k | — | $18k | $260k $276k |
VP of Planning and Power Supply vice president | $189k | $3k | — | $24k | $237k $251k |
Chairman board chair | — | — | — | — | $44k $47k |
Vice Chairman board vice chair | — | — | — | — | $40k $43k |
Trustee board member | — | — | — | — | $30k $32k |
Trustee board member | — | — | — | — | $25k $26k |
Chairman board chair | — | — | — | — | $25k $26k |
Trustee board member | — | — | — | — | $21k $23k |
Trustee board member | — | — | — | — | $21k $22k |
Trustee board member | — | — | — | — | $20k $22k |
Trustee board member | — | — | — | — | $20k $22k |
Secretary officer (unspecified) | — | — | — | — | $19k $21k |
Trustee board member | — | — | — | — | $18k $19k |
Trustee board member | — | — | — | — | $18k $19k |
Trustee board member | — | — | — | — | $18k $19k |
Trustee board member | — | — | — | — | $17k $18k |
Trustee board member | — | — | — | — | $17k $18k |
Trustee board member | — | — | — | — | $17k $18k |
Trustee board member | — | — | — | — | $17k $18k |
Trustee board member | — | — | — | — | $16k $17k |
Trustee board member | — | — | — | — | $15k $16k |
Trustee board member | — | — | — | — | $14k $15k |
Trustee board member | — | — | — | — | $14k $15k |
Trustee board member | — | — | — | — | $13k $14k |
Trustee board member | — | — | — | — | $13k $14k |
Trustee board member | — | — | — | — | $13k $13k |
Trustee board member | — | — | — | — | $12k $13k |
Trustee board member | — | — | — | — | $12k $12k |
Trustee board member | — | — | — | — | $12k $12k |
Trustee board member | — | — | — | — | $11k $12k |
Trustee board member | — | — | — | — | $11k $12k |
Trustee board member | — | — | — | — | $11k $11k |
Trustee board member | — | — | — | — | $11k $11k |
Trustee board member | — | — | — | — | $10k $11k |
Trustee board member | — | — | — | — | $10k $11k |
Trustee board member | — | — | — | — | $10k $10k |
Trustee board member | — | — | — | — | $9k $9k |
Trustee board member | — | — | — | — | $9k $9k |
Trustee board member | — | — | — | — | $7k $7k |
Trustee board member | — | — | — | — | $5k $6k |
Trustee board member | — | — | — | — | $4k $4k |
Trustee board member | — | — | — | — | $745 $790 |
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.
Plus 2 unpaid individuals.
Up 7%
from 2023
From $1.4M in 2023 to $1.5M in 2024.
$1.4M
2023
$1.5M
2024
$1.4M
2023
$1.5M
2024
In today's dollarsEst.
Up 4% in real terms$1.5M to $1.6M
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 ELECTRIC POWER COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$1.5B
$1.5B
2023
$1.6B
$1.6B
2024
Total revenue and total expenses from IRS Form 990 filings.
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