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Filing year 2024

CUMBERLAND VALLEY ELECTRIC INC

Gray, Kentucky·EIN 61-0169533·12
Total revenue
$60.2M
Total assets
$123.6M
Total expenses
$60.2M
Reported officers
12
Mission

PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF 24,260 CONSUMERS MONTHLY.

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$311k
$330k
Base
$214k
Bonus
Other
Benefits
$28k
Office Manager
highest compensated employee
$233k
$248k
Base
$157k
Bonus
Other
Benefits
$28k
Superintendent
highest compensated employee
$220k
$233k
Base
$147k
Bonus
Other
Benefits
$28k
Accounting Supervisor
officer (unspecified)
$212k
$225k
Base
$140k
Bonus
Other
Benefits
$28k
Serviceman
highest compensated employee
$204k
$216k
Base
$176k
Bonus
Other
Benefits
$20k
Serviceman
highest compensated employee
$177k
$188k
Base
$148k
Bonus
Other
Benefits
$21k
Serviceman
highest compensated employee
$171k
$181k
Base
$143k
Bonus
Other
Benefits
$20k
Director
board member
$22k
$23k
Director
board member
$13k
$14k
Vice Chairman
board vice chair
$12k
$13k
Secretary/treasurer
officer (unspecified)
$12k
$13k
Chairman
board chair
$12k
$13k

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 5%
from 2023

From $297k in 2023 to $311k in 2024.

$297k
2023
$311k
2024
In today's dollarsEst.
Up 2% in real terms$324k to $330k

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

Revenue and expenses over time

CUMBERLAND VALLEY ELECTRIC INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$59.9M
$59.9M
2023
$60.2M
$60.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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