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Filing year 2024

GIBSON ELECTRIC MEMBERSHIP

Trenton, Tennessee·EIN 62-0212280·501(c)(12)
Total revenue
$125.5M
Total assets
$271.9M
Total expenses
$118.4M
Reported officers
22
Mission

Gibson EMC is an electric cooperative owned by its members. Gibson EMC, and its wholly-owned subsidiary Gibson Connect, supply energy and fiber services throughout a 12-county service area in northwest Tennessee and southwest Kentucky.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

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

Pres. & CEO
Above 90th percentile
$687k
$729k
Base
$389k
Bonus
$4k
Other
$158k
Benefits
$41k
VP of Operations
Vice President
Above 90th percentile
$430k
$456k
Base
$202k
Bonus
$68k
Other
$21k
Benefits
$43k
VP of Technical Srvc
Vice President
Above 90th percentile
$421k
$447k
Base
$200k
Bonus
$75k
Other
$18k
Benefits
$36k
VP of Hr/member Services
Vice President
Above 90th percentile
$272k
$289k
Base
$164k
Bonus
$7k
Other
$15k
Benefits
$43k
CFO
75th to 90th percentile
$264k
$280k
Base
$158k
Bonus
$6k
Other
$14k
Benefits
$41k
Engineer
Highest Compensated Employee
Median to 75th percentile
$224k
$238k
Base
$140k
Bonus
$3k
Other
$8k
Benefits
$27k
Operations
Highest Compensated Employee
Median to 75th percentile
$201k
$213k
Base
$126k
Bonus
$2k
Other
$1k
Benefits
$34k
Crewleader
Highest Compensated Employee
Median to 75th percentile
$186k
$197k
Base
$126k
Bonus
$522
Other
$692
Benefits
$35k
Crewleader
Highest Compensated Employee
Median to 75th percentile
$182k
$193k
Base
$124k
Bonus
$522
Other
$696
Benefits
$32k
Crewleader
Highest Compensated Employee
Median to 75th percentile
$168k
$178k
Base
$124k
Bonus
$522
Other
$267
Benefits
$33k
Trustee
Board Member
25th percentile to median
$11k
$12k
Trustee
Board Member
25th percentile to median
$11k
$11k
Trustee
Board Member
25th percentile to median
$11k
$11k
Chairman
Board Chair
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$10k
Trustee
Board Member
25th percentile to median
$9k
$9k
Trustee
Board Member
25th percentile to median
$8k
$9k
Asst. Sec.
Board Member
25th percentile to median
$7k
$8k
Trustee
Board Member
25th percentile to median
$7k
$7k
Trustee
Board Member
25th percentile to median
$7k
$7k
Vice Chairman
Board Vice Chair
25th percentile to median
$6k
$6k

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 7%
from 2023

From $739k in 2023 to $687k in 2024.

$739k
2023
$687k
2024
In today's dollarsEst.
Down 10% in real terms$807k to $729k

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.

Pay for the position

Chief Executive Officer pay fell 7% from 2023 to 2024, while revenue rose 5%.

$739k in 2023 to $687k in 2024.
  • Vice President pay rose 20% from 2023 to 2024.
  • Chief Financial Officer pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GIBSON ELECTRIC MEMBERSHIP reported revenue and expenses across 2 filing years.

RevenueExpenses
$119.5M
$113.7M
2023
$125.5M
$118.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GIBSON ELECTRIC MEMBERSHIP

What does the Chief Executive Officer of GIBSON ELECTRIC MEMBERSHIP earn?

In 2024, the Chief Executive Officer of GIBSON ELECTRIC MEMBERSHIP received $687,312 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 GIBSON ELECTRIC MEMBERSHIP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at GIBSON ELECTRIC MEMBERSHIP falls in the top 10%.

What are GIBSON ELECTRIC MEMBERSHIP's revenue and expenses?

In 2024, GIBSON ELECTRIC MEMBERSHIP reported $125.5M in total revenue and $118.4M in total expenses on its IRS Form 990.

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