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 · Part VII & Schedule J · 23 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- 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 & Above 90th percentile | $509k | $200k | — | $14k | $792k $840k |
VP Operation Vice President Above 90th percentile | $218k | $5k | — | $15k | $311k $329k |
VP H.r. Vice President Above 90th percentile | $219k | $5k | — | $17k | $292k $310k |
Chief Engine Highest Compensated Employee Median to 75th percentile | $168k | $5k | — | $16k | $218k $231k |
VP Gov. Affa Vice President 75th to 90th percentile | $153k | $26k | — | $4k | $217k $230k |
Mgr District Highest Compensated Employee Median to 75th percentile | $151k | — | — | $14k | $213k $225k |
VP & CFO 75th to 90th percentile | $138k | — | — | $9k | $209k $222k |
Mgr Operatio Highest Compensated Employee Median to 75th percentile | $133k | — | — | $13k | $208k $221k |
VP General C Vice President 75th to 90th percentile | $152k | — | — | $13k | $203k $216k |
Chief Engine Highest Compensated Employee Median to 75th percentile | $165k | $3k | — | $5k | $200k $212k |
VP Engineeri Vice President 75th to 90th percentile | $119k | — | — | $9k | $171k $182k |
VP Tech Serv Vice President 75th to 90th percentile | $89k | — | — | $6k | $145k $154k |
Director Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Exc Business Highest Compensated Employee Below 10th percentile | $9k | — | — | $973 | $29k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $28k |
Chairman Board Chair 25th percentile to median | — | — | — | — | $25k $26k |
Director Board Member Median to 75th percentile | — | — | — | — | $22k $23k |
Treasurer Officer (Unspecified) | — | — | — | — | $21k $23k |
Director Board Member Median to 75th percentile | — | — | — | — | $21k $22k |
Secretary Officer (Unspecified) | — | — | — | — | $20k $21k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Vice Chairma Board Vice Chair Median to 75th percentile | — | — | — | — | $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.
Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue fell 1%.
- Vice President pay fell 9% from 2023 to 2024.
- Highest Compensated Employee pay fell 21% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
CHOPTANK ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about CHOPTANK ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of CHOPTANK ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of CHOPTANK ELECTRIC COOPERATIVE INC received $792,196 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 CHOPTANK ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at CHOPTANK ELECTRIC COOPERATIVE INC falls in the top 10%.
What are CHOPTANK ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, CHOPTANK ELECTRIC COOPERATIVE INC reported $182M in total revenue and $166.6M in total expenses on its IRS Form 990.
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