TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $288k
- Bonus
- $27k
- Other
- $11k
- Benefits
- $23k
- Base
- $222k
- Bonus
- $17k
- Other
- $8k
- Benefits
- $23k
- Base
- $201k
- Bonus
- $13k
- Other
- $6k
- Benefits
- $23k
- Base
- $198k
- Bonus
- $15k
- Other
- $6k
- Benefits
- $23k
- Base
- $190k
- Bonus
- $13k
- Other
- $6k
- Benefits
- $23k
- Base
- $156k
- Bonus
- $13k
- Other
- $5k
- Benefits
- $23k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Pres & CEO Above 90th percentile | $288k | $27k | $11k | $23k | $441k $468k |
Vp-engineer& Highest Compensated Employee Above 90th percentile | $222k | $17k | $8k | $23k | $357k $379k |
VP Marketing Board Vice President 75th to 90th percentile | $201k | $13k | $6k | $23k | $323k $343k |
VP of Human Board Vice President 75th to 90th percentile | $198k | $15k | $6k | $23k | $320k $340k |
Vp,member Se Board Vice President 75th to 90th percentile | $190k | $13k | $6k | $23k | $307k $325k |
VP of IT Board Vice President Median to 75th percentile | $156k | $13k | $5k | $23k | $259k $274k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $60k $64k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $36k $38k |
Secretary/tr Officer (Unspecified) | — | — | — | — | $35k $37k |
Chairman Board Chair Median to 75th percentile | — | — | — | — | $33k $35k |
Vice Chairma Board Vice Chair Median to 75th percentilevs all sectors nationwide | — | — | — | — | $30k $32k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $28k $29k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $26k $28k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $22k $23k |
Trustee Board Member 25th percentile to median | — | — | — | — | $12k $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.
Top pay as a share of expenses
In 2024, the highest total compensation at LAURENS ELECTRIC COOPERATIVE INC equaled 0.3% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 42%
from 2023
From $756k in 2023 to $441k in 2024.
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.
Chief Executive Officer pay fell 42% from 2023 to 2024, while revenue rose 9%.
- Highest Compensated Employee pay rose 10% from 2023 to 2024.
- Board Vice President pay rose 10% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LAURENS ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of LAURENS ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of LAURENS ELECTRIC COOPERATIVE INC received $441,278 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LAURENS ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at LAURENS ELECTRIC COOPERATIVE INC falls in the top 10%. In 2024, the highest total compensation at LAURENS ELECTRIC COOPERATIVE INC equaled 0.3% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are LAURENS ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, LAURENS ELECTRIC COOPERATIVE INC reported $163.1M in total revenue and $163.1M in total expenses on its IRS Form 990.
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