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Filing year 2024

INTER-COUNTY ENERGY COOPERATIVE

Danville, Kentucky·EIN 61-0235235·501(c)(12)
Total revenue
$71M
Total assets
$158.5M
Total expenses
$71M
Reported officers
13
Mission

PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 28,017 CUSTOMERS PER MONTH.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$304k
$322k
Base
$233k
Bonus
Other
Benefits
$71k
VP Operations
Board Vice President
75th to 90th percentile
$214k
$227k
Base
$163k
Bonus
Other
Benefits
$51k
Crew Leader
Highest Compensated Employee
Median to 75th percentile
$184k
$195k
Base
$140k
Bonus
Other
Benefits
$44k
Line Tech First Class
Highest Compensated Employee
Median to 75th percentile
$183k
$194k
Base
$141k
Bonus
Other
Benefits
$43k
Vp, Member Services
Board Vice President
Median to 75th percentile
$182k
$193k
Base
$137k
Bonus
Other
Benefits
$45k
1st Class Line Eng Tech
Highest Compensated Employee
Median to 75th percentile
$181k
$192k
Base
$154k
Bonus
Other
Benefits
$28k
CFO
Median to 75th percentile
$163k
$172k
Base
$127k
Bonus
Other
Benefits
$35k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$23k
$24k
Sec/treas
Officer (Unspecified)
$22k
$23k
Chairman
Board Chair
25th percentile to median
$20k
$21k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
25th percentile to median
$13k
$13k

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 13%
from 2023

From $269k in 2023 to $304k in 2024.

$269k
2023
$304k
2024
In today's dollarsEst.
Up 10% in real terms$294k to $322k

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

Board Vice President pay rose 12% from 2023 to 2024, while revenue held roughly steady.

$192k in 2023 to $214k in 2024.
  • Highest Compensated Employee pay rose 30% from 2023 to 2024.
  • Board Vice Chair pay fell 12% 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

INTER-COUNTY ENERGY COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$70.8M
$70.8M
2023
$71M
$71M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INTER-COUNTY ENERGY COOPERATIVE

What does the Chief Executive Officer of INTER-COUNTY ENERGY COOPERATIVE earn?

In 2024, the Chief Executive Officer of INTER-COUNTY ENERGY COOPERATIVE received $303,908 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 INTER-COUNTY ENERGY COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at INTER-COUNTY ENERGY COOPERATIVE falls in the top 10%.

What are INTER-COUNTY ENERGY COOPERATIVE's revenue and expenses?

In 2024, INTER-COUNTY ENERGY COOPERATIVE reported $71M in total revenue and $71M in total expenses on its IRS Form 990.

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