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Filing year 2024

EDISTO ELECTRIC COOPERATIVE INC

Bamberg, South Carolina·EIN 57-0158355·NTEE W80 · Public & Societal Benefit·501(c)(12)
Total revenue
$61.5M
Total assets
$169.2M
Total expenses
$61.5M
Reported officers
16
Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President &
Above 90th percentile
$491k
$521k
Base
$333k
Bonus
Other
Benefits
$33k
VP of Operat
Board Vice President
75th to 90th percentile
$278k
$295k
Base
$179k
Bonus
Other
Benefits
$32k
VP of Engine
Board Vice President
75th to 90th percentile
$266k
$282k
Base
$170k
Bonus
Other
Benefits
$32k
VP of Financ
Board Vice President
Median to 75th percentile
$249k
$265k
Base
$161k
Bonus
Other
Benefits
$31k
VP of Member
Board Vice President
Median to 75th percentile
$240k
$254k
Base
$151k
Bonus
Other
Benefits
$32k
Ops. Supervi
Highest Compensated Employee
Median to 75th percentile
$206k
$218k
Base
$126k
Bonus
Other
Benefits
$31k
Trustee
Board Member
Median to 75th percentile
$42k
$45k
Trustee
Board Member
Median to 75th percentile
$39k
$41k
Chairman
Board Chair
Median to 75th percentile
$38k
$41k
Trustee
Board Member
Median to 75th percentile
$38k
$40k
Trustee
Board Member
Median to 75th percentile
$38k
$40k
Trustee
Board Member
Median to 75th percentile
$37k
$39k
Trustee
Board Member
Median to 75th percentile
$25k
$27k
Sec./treasur
Board Member
25th percentile to median
$10k
$10k
Vice Chairma
Board Vice Chair
25th percentile to medianvs all sectors nationwide
$9k
$10k
Trustee
Board Member
25th percentile to median
$7k
$7k

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.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EDISTO ELECTRIC COOPERATIVE INC equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
0.8%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2023

From $459k in 2023 to $491k in 2024.

$459k
2023
$491k
2024
In today's dollarsEst.
Up 4% in real terms$502k to $521k

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 7% from 2023 to 2024, while revenue rose 9%.

$459k in 2023 to $491k in 2024.
  • Board Vice President pay rose 7% from 2023 to 2024.
  • Board Member pay rose 9% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about EDISTO ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of EDISTO ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of EDISTO ELECTRIC COOPERATIVE INC received $491,479 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at EDISTO ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at EDISTO ELECTRIC COOPERATIVE INC falls in the top 10%. In 2024, the highest total compensation at EDISTO ELECTRIC COOPERATIVE INC equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are EDISTO ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, EDISTO ELECTRIC COOPERATIVE INC reported $61.5M in total revenue and $61.5M in total expenses on its IRS Form 990.

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