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Filing year 2023

CLAY ELECTRIC COOPERATIVE INC

Keystone Heights, Florida·EIN 59-0196695·NTEE W80Z · Public & Societal Benefit·501(c)(12)
Total revenue
$424.7M
Total assets
$915.3M
Total expenses
$424.7M
Reported officers
23
Mission

TO EXCEED THE EXPECTATIONS OF OUR MEMBERS BY PROVIDING EXCELLENT CUSTOMER SERVICE AND RELIABLE ELECTRIC SERVICE AT COMPETITIVE RATES WHILE MAINTAINING THE FINANCIAL STABILITY OF THE COOPERATIVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

General Manager/ceo
Officer (Unspecified)
$891k
$973k
Base
$634k
Bonus
$125k
Other
$14k
Benefits
$16k
Chief Officer Corp Svcs
Key Employee
Above 90th percentile
$444k
$485k
Base
$230k
Bonus
Other
$6k
Benefits
$10k
Chief Public Relations Off
Key Employee
75th to 90th percentile
$387k
$422k
Base
$260k
Bonus
Other
$9k
Benefits
$14k
Director of Engineering
Key Employee
75th to 90th percentile
$338k
$369k
Base
$248k
Bonus
Other
$5k
Benefits
$10k
Director of Operations
75th to 90th percentile
$336k
$367k
Base
$246k
Bonus
Other
$7k
Benefits
$7k
Chief Financial Officer
75th to 90th percentile
$329k
$360k
Base
$196k
Bonus
Other
$28k
Benefits
$15k
Division Manager-t&d Const
Highest Compensated Employee
75th to 90th percentile
$286k
$313k
Base
$192k
Bonus
Other
$7k
Benefits
$17k
District Manager-gv/lc
Key Employee
75th to 90th percentile
$280k
$306k
Base
$200k
Bonus
Other
$7k
Benefits
$11k
Division Manager-operations
Highest Compensated Employee
75th to 90th percentile
$275k
$300k
Base
$192k
Bonus
Other
$12k
Benefits
$20k
District Manager-op
Key Employee
Median to 75th percentile
$268k
$293k
Base
$196k
Bonus
Other
$7k
Benefits
$7k
Chief Audit Officer
Highest Compensated Employee
75th to 90th percentile
$265k
$289k
Base
$199k
Bonus
Other
$4k
Benefits
$10k
Chief Information Officer
Median to 75th percentile
$260k
$284k
Base
$193k
Bonus
Other
$9k
Benefits
$10k
District Manager-pk/ss
Key Employee
Median to 75th percentile
$256k
$280k
Base
$188k
Bonus
Other
$4k
Benefits
$6k
Division Manager - Engineering
Highest Compensated Employee
75th to 90th percentile
$255k
$279k
Base
$189k
Bonus
Other
$6k
Benefits
$11k
Trustee - Secretary
Board Member
Median to 75th percentile
$47k
$51k
Trustee
Board Member
Median to 75th percentile
$42k
$46k
Trustee - Vice President
Board Member
Median to 75th percentile
$36k
$39k
Trustee - President
Board Member
Median to 75th percentile
$35k
$38k
Trustee
Board Member
Median to 75th percentile
$31k
$34k
Trustee
Board Member
Median to 75th percentile
$30k
$33k
Trustee
Board Member
Median to 75th percentile
$29k
$32k
Trustee
Board Member
Median to 75th percentile
$23k
$26k
Trustee - Treasurer
Board Member
Median to 75th percentile
$23k
$25k

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.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CLAY ELECTRIC COOPERATIVE INC equaled 0.2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2023)
0.2%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC2024
$1.1M
2
CLAY ELECTRIC COOPERATIVE INC2023
$891k
Compare compensation across all Public & Societal Benefit organizations
FAQ

Common questions about CLAY ELECTRIC COOPERATIVE INC

What does the Key Employee of CLAY ELECTRIC COOPERATIVE INC earn?

In 2023, the Key Employee of CLAY ELECTRIC COOPERATIVE INC received $444,214 in total compensation. This pay is in the top 10% for Key Employee roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at CLAY ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2023 pay of the Key Employee at CLAY ELECTRIC COOPERATIVE INC falls in the top 10%. In 2023, the highest total compensation at CLAY ELECTRIC COOPERATIVE INC equaled 0.2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

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

In 2023, CLAY ELECTRIC COOPERATIVE INC reported $424.7M in total revenue and $424.7M in total expenses on its IRS Form 990.

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