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Filing year 2023

FIRST ELECTRIC COOPERATIVE CORPORATION

Jacksonville, Arkansas·EIN 71-0056715·501(c)(12)
Total revenue
$233.6M
Total assets
$748.2M
Total expenses
$237.1M
Reported officers
23
Mission

FIRST ELECTRIC, IMPROVING QUALITY OF LIFE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2023

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

CEO (jan-may)
Above 90th percentile
$686k
$749k
Base
$196k
Bonus
$65k
Other
$416k
Benefits
$8k
CIO
Chief Information Officer
75th to 90th percentile
$400k
$437k
Base
$214k
Bonus
$955
Other
$13k
Benefits
$22k
CEO (june-dec)
Above 90th percentile
$396k
$432k
Base
$278k
Bonus
$2k
Other
$55k
Benefits
$20k
VP - Engineering
Board Vice President
Above 90th percentile
$355k
$388k
Base
$226k
Bonus
$955
Other
$9k
Benefits
$8k
VP - Operations
Board Vice President
Above 90th percentile
$333k
$364k
Base
$216k
Bonus
$1k
Other
$13k
Benefits
$27k
COO
75th to 90th percentile
$296k
$323k
Base
$214k
Bonus
$2k
Other
$2k
Benefits
$16k
CFO
Above 90th percentile
$277k
$302k
Base
$230k
Bonus
$721
Other
$12k
Benefits
$10k
Serviceman
Highest Compensated Employee
75th to 90th percentile
$274k
$299k
Base
$208k
Bonus
$705
Other
$4k
Benefits
$27k
Member Service Director
Highest Compensated Employee
75th to 90th percentile
$264k
$288k
Base
$147k
Bonus
$1k
Other
$11k
Benefits
$27k
VP - Marketing
Board Vice President
75th to 90th percentile
$241k
$263k
Base
$201k
Bonus
$742
Other
$10k
Benefits
$9k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$226k
$246k
Base
$165k
Bonus
$1k
Other
$968
Benefits
$26k
Field Engineer Supervisor
Highest Compensated Employee
Median to 75th percentile
$211k
$231k
Base
$149k
Bonus
$2k
Other
$8k
Benefits
$8k
Crew Chief
Highest Compensated Employee
Median to 75th percentile
$200k
$219k
Base
$155k
Bonus
$1k
Other
$4k
Benefits
$17k
Director
Board Member
Median to 75th percentile
$44k
$48k
Director
Board Member
Median to 75th percentile
$43k
$46k
Director
Board Member
Median to 75th percentile
$42k
$46k
Director
Board Member
Median to 75th percentile
$39k
$43k
Chairman
Board Chair
Median to 75th percentile
$39k
$43k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$38k
$41k
Secretary/treasurer
Officer (Unspecified)
$37k
$40k
Director (jan-june)
Board Member
Median to 75th percentile
$34k
$37k
Director (june-dec)
Board Member
Median to 75th percentile
$21k
$23k
Director
Board Member
Median to 75th percentile
$20k
$22k

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.

FAQ

Common questions about FIRST ELECTRIC COOPERATIVE CORPORATION

What does the Chief Executive Officer of FIRST ELECTRIC COOPERATIVE CORPORATION earn?

In 2023, the Chief Executive Officer of FIRST ELECTRIC COOPERATIVE CORPORATION received $685,949 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 FIRST ELECTRIC COOPERATIVE CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at FIRST ELECTRIC COOPERATIVE CORPORATION falls in the top 10%.

What are FIRST ELECTRIC COOPERATIVE CORPORATION's revenue and expenses?

In 2023, FIRST ELECTRIC COOPERATIVE CORPORATION reported $233.6M in total revenue and $237.1M in total expenses on its IRS Form 990.

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