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Filing year 2023

KARNES ELECTRIC COOPERATIVE INC

Karnes City, Texas·EIN 74-0720615·501(c)(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 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

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

General Manager (retired Dec '23)
General Manager
75th to 90th percentile
$356k
$389k
Base
$180k
Bonus
$22k
Other
$62k
Benefits
$38k
Operations Superintendent
Highest Compensated Employee
75th to 90th percentile
$243k
$265k
Base
$139k
Bonus
$15k
Other
$21k
Benefits
$32k
Construction Foreman
Highest Compensated Employee
Median to 75th percentile
$220k
$241k
Base
$131k
Bonus
$11k
Other
$24k
Benefits
$34k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$220k
$240k
Base
$154k
Bonus
$10k
Other
$14k
Benefits
$34k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$208k
$227k
Base
$147k
Bonus
$13k
Other
$10k
Benefits
$31k
Construction Foreman
Highest Compensated Employee
Median to 75th percentile
$207k
$226k
Base
$127k
Bonus
$10k
Other
$18k
Benefits
$32k
President
10th to 25th percentile
$33k
$36k
Asst Secretary/treasurer
Officer (Unspecified)
$29k
$32k
Vice President
25th percentile to median
$28k
$31k
Director
Board Member
Median to 75th percentile
$27k
$29k
Secretary/treasurer
Officer (Unspecified)
$17k
$18k
Director
Board Member
25th percentile to median
$14k
$16k
Director
Board Member
25th percentile to median
$12k
$13k
General Manager
Below 10th percentile
$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.

FAQ

Common questions about KARNES ELECTRIC COOPERATIVE INC

What does the General Manager of KARNES ELECTRIC COOPERATIVE INC earn?

In 2023, the General Manager of KARNES ELECTRIC COOPERATIVE INC received $355,836 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at KARNES ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the General Manager at KARNES ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are KARNES ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2023, KARNES ELECTRIC COOPERATIVE INC reported $128M in total revenue and $130.5M in total expenses on its IRS Form 990.

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