CEC EXISTS TO PROVIDE RELIABLE AND COST EFFECTIVE ELECTRICITY THAT IMPROVES THE QUALITY OF LIFE FOR OUR MEMBER-OWNERS. CEC IS COMMITTED TO SERVICE EXCELLENCE GUIDED BY THE SEVEN COOPERATIVE PRINCIPLES.
Executive compensation, broken down
Form 990 · Schedule J · 23 reported individuals · Filing year 2024
- Base
- $509k
- Bonus
- $200k
- Other
- —
- Benefits
- $14k
- Base
- $218k
- Bonus
- $5k
- Other
- —
- Benefits
- $15k
- Base
- $219k
- Bonus
- $5k
- Other
- —
- Benefits
- $17k
- Base
- $168k
- Bonus
- $5k
- Other
- —
- Benefits
- $16k
- Base
- $153k
- Bonus
- $26k
- Other
- —
- Benefits
- $4k
- Base
- $151k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $138k
- Bonus
- —
- Other
- —
- Benefits
- $9k
- Base
- $133k
- Bonus
- —
- Other
- —
- Benefits
- $13k
- Base
- $152k
- Bonus
- —
- Other
- —
- Benefits
- $13k
- Base
- $165k
- Bonus
- $3k
- Other
- —
- Benefits
- $5k
- Base
- $119k
- Bonus
- —
- Other
- —
- Benefits
- $9k
- Base
- $89k
- Bonus
- —
- Other
- —
- Benefits
- $6k
- Base
- $9k
- Bonus
- —
- Other
- —
- Benefits
- $973
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & | $509k | $200k | — | $14k | $792k $840k |
VP Operation vice president | $218k | $5k | — | $15k | $311k $329k |
VP H.r. vice president | $219k | $5k | — | $17k | $292k $310k |
Chief Engine highest compensated employee | $168k | $5k | — | $16k | $218k $231k |
VP Gov. Affa vice president | $153k | $26k | — | $4k | $217k $230k |
Mgr District highest compensated employee | $151k | — | — | $14k | $213k $225k |
VP & CFO | $138k | — | — | $9k | $209k $222k |
Mgr Operatio highest compensated employee | $133k | — | — | $13k | $208k $221k |
VP General C vice president | $152k | — | — | $13k | $203k $216k |
Chief Engine highest compensated employee | $165k | $3k | — | $5k | $200k $212k |
VP Engineeri vice president | $119k | — | — | $9k | $171k $182k |
VP Tech Serv vice president | $89k | — | — | $6k | $145k $154k |
Director board member | — | — | — | — | $34k $36k |
Exc Business highest compensated employee | $9k | — | — | $973 | $29k $30k |
Director board member | — | — | — | — | $27k $29k |
Director board member | — | — | — | — | $27k $28k |
Chairman board chair | — | — | — | — | $25k $26k |
Director board member | — | — | — | — | $22k $23k |
Treasurer officer (unspecified) | — | — | — | — | $21k $23k |
Director board member | — | — | — | — | $21k $22k |
Secretary officer (unspecified) | — | — | — | — | $20k $21k |
Director board member | — | — | — | — | $18k $19k |
Vice Chairma board vice chair | — | — | — | — | $18k $19k |
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.
Up 6%
from 2023
From $744k in 2023 to $792k in 2024.
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.
Revenue and expenses over time
CHOPTANK ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
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