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Filing year 2023

KAY ELECTRIC COOPERATIVE INC

Blackwell, Oklahoma·EIN 73-0308955·501(c)(12)
Total revenue
$42M
Total assets
$103.3M
Total expenses
$41.8M
Reported officers
17
Mission

KAY ELECTRIC COOPERATIVE IS A RURAL ELECTRIC DISTRIBUTION COOPERATIVE ORGANIZED UNDER THE RURAL ELECTRIC COOPERATIVE ACT. OUR MISSION IS TO PROVIDE DEPENDABLE, AFFORDABLE, AND SAFE ELECTRICITY TO OUR MEMBER-OWNERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

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

Chief Executive Officer
Above 90th percentile
$400k
$437k
Base
$221k
Bonus
$512
Other
$6k
Benefits
$30k
Director of Engineering
Key Employee
Median to 75th percentile
$239k
$261k
Base
$157k
Bonus
$541
Other
$5k
Benefits
$31k
Chief Operating Officer
75th to 90th percentile
$238k
$260k
Base
$146k
Bonus
$541
Other
$15k
Benefits
$29k
Director of Accounting
Highest Compensated Employee
Median to 75th percentile
$216k
$236k
Base
$137k
Bonus
$2k
Other
$2k
Benefits
$30k
Billing Manager
Highest Compensated Employee
Median to 75th percentile
$209k
$228k
Base
$98k
Bonus
$3k
Other
$1k
Benefits
$29k
Director of Operations
Median to 75th percentile
$190k
$208k
Base
$120k
Bonus
$2k
Other
$3k
Benefits
$30k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$182k
$199k
Base
$100k
Bonus
$3k
Other
$4k
Benefits
$29k
Line Foreman
Highest Compensated Employee
25th percentile to median
$153k
$167k
Base
$115k
Bonus
$3k
Other
$1k
Benefits
$760
Trustee
Board Member
Median to 75th percentile
$36k
$40k
Vice President
25th percentile to median
$35k
$39k
President
10th to 25th percentile
$34k
$37k
Trustee
Board Member
Median to 75th percentile
$34k
$37k
Trustee
Board Member
Median to 75th percentile
$33k
$36k
Secretary/treasurer
Officer (Unspecified)
$33k
$36k
Trustee
Board Member
Median to 75th percentile
$29k
$32k
Trustee
Board Member
Median to 75th percentile
$28k
$31k
Trustee
Board Member
Median to 75th percentile
$27k
$29k

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 KAY ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of KAY ELECTRIC COOPERATIVE INC earn?

In 2023, the Chief Executive Officer of KAY ELECTRIC COOPERATIVE INC received $399,943 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 KAY ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at KAY ELECTRIC COOPERATIVE INC falls in the top 10%.

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

In 2023, KAY ELECTRIC COOPERATIVE INC reported $42M in total revenue and $41.8M in total expenses on its IRS Form 990.

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