Mission
TO DELIVER COST EFFECTIVE, COMPETITIVE AND RELIABLE POWER TO PROVIDE A SECURE ENERGY FUTURE FOR GENERATIONS TO COME BY CREATING OPPORTUNITIES, CULTIVATING COOPERATION AND NAVIGATING INDUSTRY RISK.
Executive compensation, broken down
Form 990 · Schedule J · 42 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
$1.4M
$1.4M
- Base
- $887k
- Bonus
- $3k
- Other
- $16k
- Benefits
- $41k
Gen Counsel & Chief Legal/compliance Officer
Officer (Unspecified)
$522k
$554k
- Base
- $395k
- Bonus
- $2k
- Other
- $2k
- Benefits
- $36k
VP - Member Svcs & Power Delivery
Vice President
Above 90th percentile
$515k
$546k
- Base
- $368k
- Bonus
- $7k
- Other
- $17k
- Benefits
- $2k
VP - Commerical & Assets Operations
Vice President
Above 90th percentile
$509k
$540k
- Base
- $338k
- Bonus
- $3k
- Other
- $14k
- Benefits
- $38k
$509k
$540k
- Base
- $389k
- Bonus
- $2k
- Other
- $909
- Benefits
- $36k
Senior VP - Reg/mkt Strategy
Senior Vice President
75th to 90th percentile
$500k
$531k
- Base
- $330k
- Bonus
- $12k
- Other
- $10k
- Benefits
- $37k
Director - Power Delivery
Highest Compensated Employee
Above 90th percentile
$395k
$419k
- Base
- $251k
- Bonus
- $5k
- Other
- $1k
- Benefits
- $39k
Director - Power Supply
Highest Compensated Employee
Above 90th percentile
$393k
$417k
- Base
- $235k
- Bonus
- $4k
- Other
- $14k
- Benefits
- $40k
Senior Production Asset Manager
Highest Compensated Employee
75th to 90th percentile
$316k
$335k
- Base
- $216k
- Bonus
- $3k
- Other
- $12k
- Benefits
- $35k
$312k
$331k
- Base
- $223k
- Bonus
- $4k
- Other
- $1k
- Benefits
- $37k
Director
Board Member
75th to 90th percentile
$53k
$57k
Director
Board Member
Median to 75th percentile
$52k
$56k
Secretary/treasurer
Officer (Unspecified)
$51k
$54k
Director
Board Member
Median to 75th percentile
$50k
$53k
Director
Board Member
Median to 75th percentile
$49k
$52k
Director
Board Member
Median to 75th percentile
$47k
$50k
Director
Board Member
Median to 75th percentile
$45k
$48k
Director
Board Member
Median to 75th percentile
$43k
$46k
Director
Board Member
Median to 75th percentile
$43k
$46k
Director
Board Member
Median to 75th percentile
$43k
$45k
Director
Board Member
Median to 75th percentile
$42k
$45k
Director
Board Member
Median to 75th percentile
$40k
$42k
Chairman
Board Chair
Median to 75th percentile
$39k
$41k
Director
Board Member
Median to 75th percentile
$37k
$39k
Director
Board Member
Median to 75th percentile
$37k
$39k
Director
Board Member
Median to 75th percentile
$36k
$38k
Director
Board Member
Median to 75th percentile
$35k
$37k
Director
Board Member
Median to 75th percentile
$35k
$37k
Director
Board Member
Median to 75th percentile
$34k
$36k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$34k
$36k
Director
Board Member
Median to 75th percentile
$33k
$35k
Director
Board Member
Median to 75th percentile
$33k
$35k
Director
Board Member
Median to 75th percentile
$32k
$33k
Director
Board Member
Median to 75th percentile
$31k
$33k
Director
Board Member
Median to 75th percentile
$30k
$32k
Director
Board Member
Median to 75th percentile
$30k
$31k
Director
Board Member
Median to 75th percentile
$27k
$29k
Director
Board Member
Median to 75th percentile
$27k
$29k
Director
Board Member
Median to 75th percentile
$26k
$28k
Director
Board Member
Median to 75th percentile
$25k
$27k
Director
Board Member
Median to 75th percentile
$25k
$26k
Director
Board Member
Median to 75th percentile
$24k
$26k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & Chief Executive Officer Above 90th percentile | $887k | $3k | $16k | $41k | $1.4M $1.4M |
Gen Counsel & Chief Legal/compliance Officer Officer (Unspecified) | $395k | $2k | $2k | $36k | $522k $554k |
VP - Member Svcs & Power Delivery Vice President Above 90th percentile | $368k | $7k | $17k | $2k | $515k $546k |
VP - Commerical & Assets Operations Vice President Above 90th percentile | $338k | $3k | $14k | $38k | $509k $540k |
Chief Financial Officer & Asst Treasurer Above 90th percentile | $389k | $2k | $909 | $36k | $509k $540k |
Senior VP - Reg/mkt Strategy Senior Vice President 75th to 90th percentile | $330k | $12k | $10k | $37k | $500k $531k |
Director - Power Delivery Highest Compensated Employee Above 90th percentile | $251k | $5k | $1k | $39k | $395k $419k |
Director - Power Supply Highest Compensated Employee Above 90th percentile | $235k | $4k | $14k | $40k | $393k $417k |
Senior Production Asset Manager Highest Compensated Employee 75th to 90th percentile | $216k | $3k | $12k | $35k | $316k $335k |
Executive IT Director Above 90th percentile | $223k | $4k | $1k | $37k | $312k $331k |
Director Board Member 75th to 90th percentile | — | — | — | — | $53k $57k |
Director Board Member Median to 75th percentile | — | — | — | — | $52k $56k |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $51k $54k |
Director Board Member Median to 75th percentile | — | — | — | — | $50k $53k |
Director Board Member Median to 75th percentile | — | — | — | — | $49k $52k |
Director Board Member Median to 75th percentile | — | — | — | — | $47k $50k |
Director Board Member Median to 75th percentile | — | — | — | — | $45k $48k |
Director Board Member Median to 75th percentile | — | — | — | — | $43k $46k |
Director Board Member Median to 75th percentile | — | — | — | — | $43k $46k |
Director Board Member Median to 75th percentile | — | — | — | — | $43k $45k |
Director Board Member Median to 75th percentile | — | — | — | — | $42k $45k |
Director Board Member Median to 75th percentile | — | — | — | — | $40k $42k |
Chairman Board Chair Median to 75th percentile | — | — | — | — | $39k $41k |
Director Board Member Median to 75th percentile | — | — | — | — | $37k $39k |
Director Board Member Median to 75th percentile | — | — | — | — | $37k $39k |
Director Board Member Median to 75th percentile | — | — | — | — | $36k $38k |
Director Board Member Median to 75th percentile | — | — | — | — | $35k $37k |
Director Board Member Median to 75th percentile | — | — | — | — | $35k $37k |
Director Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Vice Chairman Board Vice Chair Median to 75th percentile | — | — | — | — | $34k $36k |
Director Board Member Median to 75th percentile | — | — | — | — | $33k $35k |
Director Board Member Median to 75th percentile | — | — | — | — | $33k $35k |
Director Board Member Median to 75th percentile | — | — | — | — | $32k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $30k $32k |
Director Board Member Median to 75th percentile | — | — | — | — | $30k $31k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
Director Board Member Median to 75th percentile | — | — | — | — | $26k $28k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $26k |
Director Board Member Median to 75th percentile | — | — | — | — | $24k $26k |
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 GOLDEN SPREAD ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of GOLDEN SPREAD ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of GOLDEN SPREAD ELECTRIC COOPERATIVE INC received $1,358,943 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 GOLDEN SPREAD ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at GOLDEN SPREAD ELECTRIC COOPERATIVE INC falls in the top 10%.
What are GOLDEN SPREAD ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, GOLDEN SPREAD ELECTRIC COOPERATIVE INC reported $545.2M in total revenue and $545.2M in total expenses on its IRS Form 990.
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