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Filing year 2024

FORT LOUDOUN ELECTRIC COOPERATIVE

Vonore, Tennessee·EIN 62-0204106·12
Total revenue
$93.2M
Total assets
$121.4M
Total expenses
$89.4M
Reported officers
21
Mission

TO PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON, AND BLOUNT COUNTIES IN EAST TENNESSEE.

Executive compensation, broken down

Form 990 · Schedule J · 21 reported individuals · Filing year 2024

Base
$181k
Bonus
Other
Benefits
$7k
VP
vice president
$205k
$217k
Base
$160k
Bonus
Other
Benefits
$11k
Supervisor
key employee
$199k
$211k
Base
$159k
Bonus
Other
Benefits
$16k
Base
$155k
Bonus
Other
Benefits
$7k
Foreman
highest compensated employee
$185k
$196k
Base
$152k
Bonus
Other
Benefits
$10k
Journeyman Lineman
highest compensated employee
$164k
$174k
Base
$143k
Bonus
Other
Benefits
$10k
Journeyman Lineman
highest compensated employee
$164k
$174k
Base
$147k
Bonus
Other
Benefits
$9k
VP
vice president
$158k
$168k
Base
$120k
Bonus
Other
Benefits
$10k
Foreman
highest compensated employee
$153k
$163k
Base
$132k
Bonus
Other
Benefits
$10k
VP
vice president
$153k
$162k
Base
$121k
Bonus
Other
Benefits
$6k
Foreman
highest compensated employee
$151k
$160k
Base
$131k
Bonus
Other
Benefits
$9k
Director
board member
$15k
$16k
Director
board member
$14k
$15k
Director
board member
$14k
$14k
Director
board member
$14k
$14k
Director
board member
$11k
$12k
Director
board member
$11k
$12k
Director
board member
$11k
$11k
Director
board member
$8k
$9k
Director
board member
$5k
$5k
Director
board member
$1k
$1k

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.

Down 4%
from 2023

From $234k in 2023 to $226k in 2024.

$234k
2023
$226k
2024
In today's dollarsEst.
Down 7% in real terms$256k to $239k

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

FORT LOUDOUN ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$82.8M
$81.6M
2023
$93.2M
$89.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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