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Filing year 2024

DARKE RURAL ELECTRIC COOPERATIVE INC

Greenville, Ohio·EIN 34-4215670·12
Total revenue
$19.7M
Total assets
$45.5M
Total expenses
$19.7M
Reported officers
15
Mission

TO PROVIDE SAFE, AFFORDABLE AND RELIABLE ELECTRIC TO THE RURAL AREAS OF DARKE, PREBLE AND MERCER COUNTIES IN OHIO.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

Lineman
highest compensated employee
$244k
$262k
Base
$128k
Bonus
$217
Other
Benefits
$25k
Line Foreman
highest compensated employee
$243k
$261k
Base
$129k
Bonus
$217
Other
$10k
Benefits
$3k
CEO (retired 1/3/25)
$228k
$245k
Base
$166k
Bonus
$203
Other
$11k
Benefits
$4k
Lineman
highest compensated employee
$214k
$230k
Base
$132k
Bonus
$217
Other
Benefits
$9k
Director of Engineering/it
highest compensated employee
$189k
$203k
Base
$117k
Bonus
$217
Other
Benefits
$26k
COO (assumed CEO Role 1/3/25)
$183k
$197k
Base
$124k
Bonus
$217
Other
$10k
Benefits
$4k
Director of Operations
$163k
$176k
Base
$122k
Bonus
$217
Other
$10k
Benefits
$3k
Vice President Board of Trustees
$11k
$11k
Trustee
board member
$9k
$9k
President Board of Trustees
board president
$9k
$9k
Trustee
board member
$8k
$9k
Trustee
board member
$8k
$8k
Secretary & Treasurer Board of Trustees
board secretary
$8k
$8k
Trustee
board member
$6k
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 10%
from 2023

From $222k in 2023 to $244k in 2024.

$222k
2023
$244k
2024
In today's dollarsEst.
Up 7% in real terms$245k to $262k

Estimated with BLS CPI-U for the Midwest 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

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

RevenueExpenses
$18.8M
$18.8M
2023
$19.7M
$19.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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