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Filing year 2024

INTER-COUNTY ENERGY COOPERATIVE

Danville, Kentucky·EIN 61-0235235·12
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 · Schedule J · 13 reported individuals · Filing year 2024

$304k
$322k
Base
$233k
Bonus
Other
Benefits
$71k
VP Operations
vice president
$214k
$227k
Base
$163k
Bonus
Other
Benefits
$51k
Crew Leader
highest compensated employee
$184k
$195k
Base
$140k
Bonus
Other
Benefits
$44k
Line Tech First Class
highest compensated employee
$183k
$194k
Base
$141k
Bonus
Other
Benefits
$43k
Vp, Member Services
vice president
$182k
$193k
Base
$137k
Bonus
Other
Benefits
$45k
1st Class Line Eng Tech
highest compensated employee
$181k
$192k
Base
$154k
Bonus
Other
Benefits
$28k
Base
$127k
Bonus
Other
Benefits
$35k
Vice Chairman
board vice chair
$23k
$24k
Sec/treas
officer (unspecified)
$22k
$23k
Chairman
board chair
$20k
$21k
Director
board member
$19k
$20k
Director
board member
$17k
$18k
Director
board member
$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.

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.
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