CONCHO VALLEY ELECTRIC COOPERATIVE, INC. DEDICATES ITSELF TO THE IMPROVEMENT OF ITS MEMBERS' LIFESTYLE AND THE ECONOMIC ENVRIONMENT OF ITS SERVICE AREA. THE COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE ELECTRIC SERVICE AT THE LOWEST PRACTICAL COST AND TO MEETING THE CHANGING NEEDS OF ITS MEMBERSHIP WITH A WELL-TRAINED, QUALITY WORKFORCE AND WITH THE USE OF SOUND BUSINESS PRACTICES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $349k
- Bonus
- —
- Other
- $25k
- Benefits
- $16k
- Base
- $143k
- Bonus
- —
- Other
- $4k
- Benefits
- $31k
- Base
- $163k
- Bonus
- —
- Other
- $3k
- Benefits
- $30k
- Base
- $146k
- Bonus
- —
- Other
- $2k
- Benefits
- $29k
- Base
- $147k
- Bonus
- —
- Other
- $2k
- Benefits
- $13k
- Base
- $130k
- Bonus
- —
- Other
- $1k
- Benefits
- $27k
- Base
- $121k
- Bonus
- —
- Other
- $1k
- Benefits
- $21k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Vp/ceo Officer (Unspecified) | $349k | — | $25k | $16k | $501k $532k |
Dir of Finance & Office Services Highest Compensated Employee 75th to 90th percentile | $143k | — | $4k | $31k | $240k $254k |
Dir of Engineering & Operations Key Employee Median to 75th percentile | $163k | — | $3k | $30k | $221k $234k |
Dir of Information Technology Highest Compensated Employee Median to 75th percentile | $146k | — | $2k | $29k | $213k $226k |
Engineering Foreman Highest Compensated Employee Median to 75th percentile | $147k | — | $2k | $13k | $201k $213k |
Line Superintendent Highest Compensated Employee Median to 75th percentile | $130k | — | $1k | $27k | $179k $190k |
Engineering Systems Administrator Highest Compensated Employee Median to 75th percentile | $121k | — | $1k | $21k | $170k $180k |
Director Board Member 25th percentile to median | — | — | — | — | $4k $5k |
President Below 10th percentile | — | — | — | — | $4k $4k |
Director Board Member 10th to 25th percentile | — | — | — | — | $3k $4k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $3k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $3k |
Vice-president Below 10th percentile | — | — | — | — | $2k $2k |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $2k $2k |
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 29%
from 2023
From $390k in 2023 to $501k 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.
Highest Compensated Employee pay rose 31% from 2023 to 2024, while revenue rose 1%.
- Board Member pay fell 15% from 2023 to 2024.
- Chief Executive Officer pay rose 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
CONCHO VALLEY ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about CONCHO VALLEY ELECTRIC COOPERATIVE INC
What does the Highest Compensated Employee of CONCHO VALLEY ELECTRIC COOPERATIVE INC earn?
In 2024, the Highest Compensated Employee of CONCHO VALLEY ELECTRIC COOPERATIVE INC received $239,806 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at CONCHO VALLEY ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at CONCHO VALLEY ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.
What are CONCHO VALLEY ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, CONCHO VALLEY ELECTRIC COOPERATIVE INC reported $51.6M in total revenue and $51.6M in total expenses on its IRS Form 990.
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