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Filing year 2024

CRAIGHEAD ELECTRIC COOPERATIVE CORP

Jonesboro, Arkansas·EIN 71-0039695·501(c)(12)
Total revenue
$83.8M
Total assets
$343.8M
Total expenses
$83.8M
Reported officers
17
Mission

PROVIDE ELECTRIC POWER TO RURAL AREAS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$435k
$461k
Base
$360k
Bonus
Other
Benefits
VP of Engine
Vice President
Above 90th percentile
$324k
$344k
Base
$244k
Bonus
Other
Benefits
CEO
75th to 90th percentile
$240k
$255k
Base
$173k
Bonus
Other
Benefits
CFO
75th to 90th percentile
$222k
$236k
Base
$168k
Bonus
Other
Benefits
VP of Operat
Vice President
75th to 90th percentile
$217k
$230k
Base
$169k
Bonus
Other
Benefits
Cao
Officer (Unspecified)
$216k
$229k
Base
$162k
Bonus
Other
Benefits
Journeyman L
Highest Compensated Employee
Median to 75th percentile
$193k
$205k
Base
$143k
Bonus
Other
Benefits
VP of Safety
Vice President
75th to 90th percentile
$174k
$185k
Base
$123k
Bonus
Other
Benefits
VP of Operat
Board Vice President
Median to 75th percentile
$142k
$150k
Base
$105k
Bonus
Other
Benefits
VP of Market
Vice President
Median to 75th percentile
$124k
$131k
Director
Board Member
Median to 75th percentile
$26k
$28k
Director
Board Member
Median to 75th percentile
$25k
$26k
Director
Board Member
Median to 75th percentile
$25k
$26k
Director
Board Member
Median to 75th percentile
$20k
$21k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$16k
$17k

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 4%
from 2023

From $420k in 2023 to $435k in 2024.

$420k
2023
$435k
2024
In today's dollarsEst.
Up 1% in real terms$458k to $461k

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 4% from 2023 to 2024, while revenue rose 4%.

$420k in 2023 to $435k in 2024.
  • Vice President pay rose 5% from 2023 to 2024.
  • Highest Compensated Employee pay fell 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

CRAIGHEAD ELECTRIC COOPERATIVE CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$80.6M
$80.6M
2023
$83.8M
$83.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CRAIGHEAD ELECTRIC COOPERATIVE CORP

What does the Chief Executive Officer of CRAIGHEAD ELECTRIC COOPERATIVE CORP earn?

In 2024, the Chief Executive Officer of CRAIGHEAD ELECTRIC COOPERATIVE CORP received $434,970 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 CRAIGHEAD ELECTRIC COOPERATIVE CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at CRAIGHEAD ELECTRIC COOPERATIVE CORP falls in the top 10%.

What are CRAIGHEAD ELECTRIC COOPERATIVE CORP's revenue and expenses?

In 2024, CRAIGHEAD ELECTRIC COOPERATIVE CORP reported $83.8M in total revenue and $83.8M in total expenses on its IRS Form 990.

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