Mission
TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
Executive compensation, broken down
Form 990 · Schedule J · 9 reported individuals · Filing year 2024
General Mana
key employee
$243k
$258k
- Base
- $189k
- Bonus
- —
- Other
- —
- Benefits
- —
Const Superi
highest compensated employee
$149k
$158k
Secretary-tr
board secretary
$30k
$32k
Director
board member
$27k
$29k
President
board president
$24k
$26k
Vice Preside
vice president
$23k
$25k
Director
board member
$23k
$25k
Director
board member
$4k
$4k
Director
board member
$2k
$2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Mana key employee | $189k | — | — | — | $243k $258k |
Const Superi highest compensated employee | — | — | — | — | $149k $158k |
Secretary-tr board secretary | — | — | — | — | $30k $32k |
Director board member | — | — | — | — | $27k $29k |
President board president | — | — | — | — | $24k $26k |
Vice Preside vice president | — | — | — | — | $23k $25k |
Director board member | — | — | — | — | $23k $25k |
Director board member | — | — | — | — | $4k $4k |
Director board member | — | — | — | — | $2k $2k |
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 24%
from 2023
From $196k in 2023 to $243k in 2024.
$196k
2023
$243k
2024
$196k
2023
$243k
2024
In today's dollarsEst.
Up 20% in real terms$214k to $258k
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
FARMERS ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
RevenueExpenses
$11.2M
$11.2M
2023
$13.5M
$13.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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