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Filing year 2024

DARKE RURAL ELECTRIC COOPERATIVE INC

Greenville, Ohio·EIN 34-4215670·501(c)(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 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

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

Lineman
Highest Compensated Employee
75th to 90th percentile
$244k
$262k
Base
$128k
Bonus
$217
Other
Benefits
$25k
Line Foreman
Highest Compensated Employee
75th to 90th percentile
$243k
$261k
Base
$129k
Bonus
$217
Other
$10k
Benefits
$3k
CEO (retired 1/3/25)
75th to 90th percentile
$228k
$245k
Base
$166k
Bonus
$203
Other
$11k
Benefits
$4k
Lineman
Highest Compensated Employee
Median to 75th percentile
$214k
$230k
Base
$132k
Bonus
$217
Other
Benefits
$9k
Director of Engineering/it
Highest Compensated Employee
Median to 75th percentile
$189k
$203k
Base
$117k
Bonus
$217
Other
Benefits
$26k
COO (assumed CEO Role 1/3/25)
75th to 90th percentile
$183k
$197k
Base
$124k
Bonus
$217
Other
$10k
Benefits
$4k
Director of Operations
Median to 75th percentile
$163k
$176k
Base
$122k
Bonus
$217
Other
$10k
Benefits
$3k
CFO
25th percentile to median
$28k
$30k
Vice President Board of Trustees
Below 10th percentile
$11k
$11k
Trustee
Board Member
25th percentile to median
$9k
$9k
President Board of Trustees
Board President
25th percentile to median
$9k
$9k
Trustee
Board Member
25th percentile to median
$8k
$9k
Trustee
Board Member
25th percentile to median
$8k
$8k
Secretary & Treasurer Board of Trustees
Board Secretary
Median to 75th percentile
$8k
$8k
Trustee
Board Member
25th percentile to median
$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.

Pay for the position

Highest Compensated Employee pay rose 10% from 2023 to 2024, while revenue rose 5%.

$222k in 2023 to $244k in 2024.
  • Chief Executive Officer pay rose 4% from 2023 to 2024.
  • Chief Operating Officer pay rose 3% 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

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.
FAQ

Common questions about DARKE RURAL ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of DARKE RURAL ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of DARKE RURAL ELECTRIC COOPERATIVE INC received $243,597 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 DARKE RURAL 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 DARKE RURAL ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are DARKE RURAL ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, DARKE RURAL ELECTRIC COOPERATIVE INC reported $19.7M in total revenue and $19.7M in total expenses on its IRS Form 990.

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