THE COOPERATIVE'S RESPONSIBILITY AND AIM IS TO PROVIDE EXCELLENT AND INNOVATIVE CUSTOMER SERVICE AS REFLECTED IN TOP QUALITY ELECTRIC SERVICE RELIABILITY, AFFORDABLE RATES, EMPLOYEE TEAMWORK AND THE HIGHEST DEGREE OF INTEGRITY IN ALL COOPERATIVE ENDEAVORS.
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 Mutual & Membership Benefit organizations nationwide.
- Base
- $322k
- Bonus
- $27k
- Other
- $59k
- Benefits
- $20k
- Base
- $175k
- Bonus
- $2k
- Other
- $38k
- Benefits
- $18k
- Base
- $224k
- Bonus
- $750
- Other
- $41k
- Benefits
- $19k
- Base
- $215k
- Bonus
- $2k
- Other
- $33k
- Benefits
- $18k
- Base
- $179k
- Bonus
- $2k
- Other
- $29k
- Benefits
- $18k
- Base
- $169k
- Bonus
- $1k
- Other
- $23k
- Benefits
- $18k
- Base
- $168k
- Bonus
- $1k
- Other
- $19k
- Benefits
- $18k
- Base
- $186k
- Bonus
- —
- Other
- $9k
- Benefits
- $18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer Above 90th percentile | $322k | $27k | $59k | $20k | $606k $643k |
Director of Distribution O Highest Compensated Employee 75th to 90th percentile | $175k | $2k | $38k | $18k | $393k $417k |
Chief Financial Officer Above 90th percentile | $224k | $750 | $41k | $19k | $385k $408k |
Chief Operating Officer Above 90th percentilevs all sectors nationwide | $215k | $2k | $33k | $18k | $347k $368k |
Director of Human Resource Highest Compensated Employee 75th to 90th percentile | $179k | $2k | $29k | $18k | $282k $299k |
Director of Engineering Highest Compensated Employee Median to 75th percentile | $169k | $1k | $23k | $18k | $238k $253k |
Lineman Highest Compensated Employee Median to 75th percentile | $168k | $1k | $19k | $18k | $224k $238k |
Soc Operator Highest Compensated Employee Median to 75th percentile | $186k | — | $9k | $18k | $223k $237k |
Director Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Secretary Officer (Unspecified) | — | — | — | — | $33k $35k |
President 25th percentile to median | — | — | — | — | $32k $34k |
Director Board Member Median to 75th percentile | — | — | — | — | $32k $34k |
Treasurer Officer (Unspecified) | — | — | — | — | $30k $32k |
Director Board Member Median to 75th percentile | — | — | — | — | $29k $31k |
Director Board Member Median to 75th percentile | — | — | — | — | $28k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $28k $30k |
Vice President Median to 75th percentile | — | — | — | — | $28k $30k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 6%
from 2023
From $570k in 2023 to $606k 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.
Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 3%.
- Highest Compensated Employee pay rose 10% from 2023 to 2024.
- Chief Financial Officer pay rose 9% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC
What does the Chief Executive Officer of FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC earn?
In 2024, the Chief Executive Officer of FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC received $605,878 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC falls in the top 10%. In 2024, the highest total compensation at FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC's revenue and expenses?
In 2024, FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION INC reported $105.8M in total revenue and $105.8M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit CFO Salary
What nonprofit CFOs earn, what drives the number, and how to use public compensation data in a job search or negotiation.
Read moreNonprofit COO Salary
What nonprofit COOs earn, what drives the number, and how to use public compensation data in a job search or board decision.
Read moreNonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read more