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Filing year 2023

KARNES ELECTRIC COOPERATIVE INC

Karnes City, Texas·EIN 74-0720615·12
Total revenue
$128M
Total assets
$223.7M
Total expenses
$130.5M
Reported officers
14
Mission

PROVIDING QUALITY SERVICE TO EMPOWER COMMUNITIES AND IMPROVE LIVES.

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2023

General Manager (retired Dec '23)
officer (unspecified)
$356k
$389k
Base
$180k
Bonus
$22k
Other
$62k
Benefits
$38k
Operations Superintendent
highest compensated employee
$243k
$265k
Base
$139k
Bonus
$15k
Other
$21k
Benefits
$32k
Construction Foreman
highest compensated employee
$220k
$241k
Base
$131k
Bonus
$11k
Other
$24k
Benefits
$34k
Serviceman
highest compensated employee
$220k
$240k
Base
$154k
Bonus
$10k
Other
$14k
Benefits
$34k
Serviceman
highest compensated employee
$208k
$227k
Base
$147k
Bonus
$13k
Other
$10k
Benefits
$31k
Construction Foreman
highest compensated employee
$207k
$226k
Base
$127k
Bonus
$10k
Other
$18k
Benefits
$32k
$33k
$36k
Asst Secretary/treasurer
officer (unspecified)
$29k
$32k
Vice President
vice president
$28k
$31k
Director
board member
$27k
$29k
Secretary/treasurer
officer (unspecified)
$17k
$18k
Director
board member
$14k
$16k
Director
board member
$12k
$13k
General Manager
officer (unspecified)
$4k
$5k

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.

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