FARMERS RECC'S MISSION IS TO PROVIDE RELIABLE AND COMPETITIVELY PRICED ENERGY SERVICES THAT WILL ENHANCE THE QUALITY OF LIFE FOR OUR MEMBER-OWNERS AND COMMMUNITIES.
Executive compensation, broken down
Form 990 · Schedule J · 14 reported individuals · Filing year 2024
- Base
- $220k
- Bonus
- —
- Other
- —
- Benefits
- $75k
- Base
- $138k
- Bonus
- —
- Other
- —
- Benefits
- $55k
- Base
- $137k
- Bonus
- —
- Other
- —
- Benefits
- $54k
- Base
- $124k
- Bonus
- —
- Other
- —
- Benefits
- $56k
- Base
- $136k
- Bonus
- —
- Other
- —
- Benefits
- $37k
- Base
- $118k
- Bonus
- —
- Other
- —
- Benefits
- $41k
- Base
- $122k
- Bonus
- —
- Other
- —
- Benefits
- $35k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $220k | — | — | $75k | $295k $313k |
Vice President, Operations vice president | $138k | — | — | $55k | $193k $205k |
Vice President, Engineerin vice president | $137k | — | — | $54k | $191k $202k |
Fepp Plant Manager highest compensated employee | $124k | — | — | $56k | $180k $191k |
Vice President, Finance & vice president | $136k | — | — | $37k | $173k $183k |
Vice President, Technology vice president | $118k | — | — | $41k | $159k $169k |
Vice President, Member & C vice president | $122k | — | — | $35k | $157k $166k |
Chairman board chair | — | — | — | — | $18k $19k |
Secretary Treasurer officer (unspecified) | — | — | — | — | $17k $18k |
Vice Chairman board vice chair | — | — | — | — | $16k $17k |
Director board member | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $14k $15k |
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 10%
from 2023
From $269k in 2023 to $295k in 2024.
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.
Revenue and expenses over time
FARMERS RURAL ELECTRIC COOPERATIVE CORPORATION reported revenue and expenses across 2 filing years.
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