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Filing year 2023

CLAY ELECTRIC COOPERATIVE INC

Flora, Illinois·EIN 37-0219624·501(c)(12)
Total revenue
$8.1M
Total assets
$23.8M
Total expenses
$7.5M
Reported officers
15
Mission

TO DISTRIBUTE ELECTRICITY TO MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

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

CEO
75th to 90th percentile
$184k
$204k
Base
$139k
Bonus
Other
Benefits
$11k
Lineman Foreman
Highest Compensated Employee
25th percentile to median
$150k
$166k
Base
$116k
Bonus
Other
Benefits
$9k
Lineman Foreman
Highest Compensated Employee
25th percentile to median
$149k
$165k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$145k
$160k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$145k
$160k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$143k
$158k
Board Director
Board Member
25th percentile to median
$9k
$10k
President
Below 10th percentile
$9k
$10k
Board Director
Board Member
25th percentile to median
$7k
$8k
Board Director
Board Member
25th percentile to median
$7k
$8k
Board Director
Board Member
25th percentile to median
$7k
$7k
Vice President
10th to 25th percentile
$6k
$6k
Secretary
Officer (Unspecified)
$5k
$6k
Board Director
Board Member
10th to 25th percentile
$4k
$5k
Board Director
Board Member
10th to 25th percentile
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

FAQ

Common questions about CLAY ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of CLAY ELECTRIC COOPERATIVE INC earn?

In 2023, the Chief Executive Officer of CLAY ELECTRIC COOPERATIVE INC received $184,333 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CLAY ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at CLAY ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are CLAY ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2023, CLAY ELECTRIC COOPERATIVE INC reported $8.1M in total revenue and $7.5M in total expenses on its IRS Form 990.

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