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Filing year 2024

FLEMING-MASON ENERGY COOPERATIVE INC

Flemingsburg, Kentucky·EIN 61-0193917·12
Total revenue
$89.9M
Total assets
$154.1M
Total expenses
$89.9M
Reported officers
14
Mission

PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 25,975 CONSUMERS MONTHLY.

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Construction Foreman
highest compensated employee
$189k
$201k
Maintenance Crew Leader
highest compensated employee
$181k
$192k
1st Class Lineman
highest compensated employee
$157k
$167k
1st Class Lineman
highest compensated employee
$157k
$166k
1st Class Lineman
highest compensated employee
$153k
$163k
Vice-chair
officer (unspecified)
$18k
$19k
Director
board member
$18k
$19k
Director
board member
$18k
$19k
Director
board member
$17k
$18k
Sec/treasurer
officer (unspecified)
$16k
$17k
Chairman
board chair
$16k
$17k
Director
board member
$16k
$17k

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 8%
from 2023

From $204k in 2023 to $220k in 2024.

$204k
2023
$220k
2024
In today's dollarsEst.
Up 5% in real terms$223k to $234k

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

FLEMING-MASON ENERGY COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$90.8M
$90.8M
2023
$89.9M
$89.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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