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Filing year 2024

COASTAL ELECTRIC COOPERATIVE INC

Walterboro, South Carolina·EIN 57-0143233·501(c)(12)
Total revenue
$30.6M
Total assets
$66.6M
Total expenses
$30.6M
Reported officers
16
Mission

TO PROVIDE DIVERSIFIED, INNOVATIVE ENERGY AND RELATED SERVICES TO ITS CUSTOMERS CONSISTENT WITH SOUND BUSINESS PRACTICES, WHILE ALWAYS ACTING IN A COMMUNITY-BUILDING LEADERSHIP ROLE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

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

President &
Above 90th percentile
$496k
$526k
Base
$277k
Bonus
$6k
Other
$22k
Benefits
$42k
VP - Finance
Board Vice President
Above 90th percentile
$337k
$358k
Base
$182k
Bonus
$11k
Other
$7k
Benefits
$39k
Vp-eng. & Op
Highest Compensated Employee
75th to 90th percentile
$320k
$340k
Base
$165k
Bonus
$15k
Other
$15k
Benefits
$36k
Lead Lineman
Highest Compensated Employee
75th to 90th percentile
$250k
$265k
Base
$107k
Bonus
$57k
Other
$2k
Benefits
$31k
Lineman Supe
Highest Compensated Employee
75th to 90th percentile
$236k
$251k
Base
$150k
Bonus
$6k
Other
$5k
Benefits
$20k
Executive As
Highest Compensated Employee
Median to 75th percentile
$231k
$245k
Base
$92k
Bonus
$56k
Other
$2k
Benefits
$32k
Former - Tru
Former Officer/director/trustee
25th percentile to median
$44k
$47k
Base
$44k
Bonus
Other
Benefits
Trustee
Board Member
Median to 75th percentile
$24k
$26k
Trustee
Board Member
Median to 75th percentile
$19k
$21k
Trustee
Board Member
Median to 75th percentile
$17k
$18k
Treasurer
Officer (Unspecified)
$16k
$17k
Trustee
Board Member
25th percentile to median
$15k
$15k
Secretary
Officer (Unspecified)
$14k
$15k
Trustee
Board Member
25th percentile to median
$13k
$14k
Chairman
Board Chair
25th percentile to median
$11k
$12k
Vice Chairma
Board Vice Chair
25th percentile to median
$10k
$10k

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 9%
from 2023

From $456k in 2023 to $496k in 2024.

$456k
2023
$496k
2024
In today's dollarsEst.
Up 6% in real terms$498k to $526k

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.

Pay for the position

Chief Executive Officer pay rose 9% from 2023 to 2024, while revenue rose 7%.

$456k in 2023 to $496k in 2024.
  • Board Vice President pay rose 7% from 2023 to 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

COASTAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$28.6M
$26.1M
2023
$30.6M
$30.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about COASTAL ELECTRIC COOPERATIVE INC

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

In 2024, the Chief Executive Officer of COASTAL ELECTRIC COOPERATIVE INC received $495,802 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 COASTAL 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 COASTAL ELECTRIC COOPERATIVE INC falls in the top 10%.

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

In 2024, COASTAL ELECTRIC COOPERATIVE INC reported $30.6M in total revenue and $30.6M in total expenses on its IRS Form 990.

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