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Filing year 2024

FAIRFIELD ELECTRIC COOPERATIVE INC

Blythewood, South Carolina·EIN 57-0161235·501(c)(12)
Total revenue
$87.9M
Total assets
$148.5M
Total expenses
$86.3M
Reported officers
17
Mission

TO SERVE OUR MEMBERS AND OUR COMMUNITY BY PROVIDING SAFE RELIABLE AND INNOVATIVE ENERGY SERVICES.

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
$409k
$434k
Base
$262k
Bonus
Other
Benefits
$51k
VP of Engineering
Board Vice President
75th to 90th percentile
$321k
$340k
Base
$205k
Bonus
Other
Benefits
$40k
VP of Finance
Board Vice President
75th to 90th percentile
$267k
$283k
Base
$173k
Bonus
Other
Benefits
$26k
VP of Information Technology
Board Vice President
75th to 90th percentile
$262k
$278k
Base
$165k
Bonus
Other
Benefits
$36k
VP of Operations
Board Vice President
75th to 90th percentile
$257k
$273k
Base
$157k
Bonus
Other
Benefits
$42k
VP of Member Services
Board Vice President
75th to 90th percentile
$239k
$253k
Base
$157k
Bonus
Other
Benefits
$24k
Vice President
Median to 75th percentile
$44k
$46k
President
10th to 25th percentile
$40k
$42k
Secretary
Officer (Unspecified)
$34k
$36k
Trustee
Board Member
Median to 75th percentile
$24k
$25k
Trustee
Board Member
Median to 75th percentile
$22k
$23k
Trustee
Board Member
Median to 75th percentile
$21k
$23k
Trustee
Board Member
Median to 75th percentile
$18k
$19k
Trustee
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
25th percentile to median
$13k
$14k
Treasurer
Officer (Unspecified)
$13k
$13k
Trustee
Board Member
25th percentile to median
$9k
$10k

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 3%
from 2023

From $397k in 2023 to $409k in 2024.

$397k
2023
$409k
2024
In today's dollarsEst.
Roughly flat in real terms$434k to $434k

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 3% from 2023 to 2024, while revenue rose 6%.

$397k in 2023 to $409k in 2024.
  • Board Vice President pay rose 5% from 2023 to 2024.
  • Vice President pay rose 18% 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

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

RevenueExpenses
$83.1M
$81.4M
2023
$87.9M
$86.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FAIRFIELD ELECTRIC COOPERATIVE INC

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

In 2024, the Chief Executive Officer of FAIRFIELD ELECTRIC COOPERATIVE INC received $408,758 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 FAIRFIELD ELECTRIC COOPERATIVE INC compare with similar nonprofits?

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

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

In 2024, FAIRFIELD ELECTRIC COOPERATIVE INC reported $87.9M in total revenue and $86.3M in total expenses on its IRS Form 990.

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