Mission
DISTRIBUTE ELECTRICITY TO ITS MEMBERS
Executive compensation, broken down
Form 990 · Schedule J · 18 reported individuals · Filing year 2024
VP COO
$308k
$331k
- Base
- $210k
- Bonus
- $7k
- Other
- $6k
- Benefits
- $16k
President CEO
$151k
$162k
VP CFO
$141k
$152k
VP COO
$134k
$144k
Controller
highest compensated employee
$100k
$108k
VP of Human Resources/safety
vice president
$89k
$96k
VP CIO
chief information officer
$89k
$96k
Gas Engineering Manager
highest compensated employee
$78k
$84k
Gas Operations Manager
highest compensated employee
$74k
$80k
Director
board member
$35k
$37k
Director
board member
$25k
$27k
Director
board member
$25k
$26k
Director
board member
$22k
$23k
Director
board member
$21k
$23k
Director
board member
$20k
$21k
Director
board member
$17k
$19k
Director
board member
$17k
$18k
Director
board member
$17k
$18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
VP COO | $210k | $7k | $6k | $16k | $308k $331k |
President CEO | — | — | — | — | $151k $162k |
VP CFO | — | — | — | — | $141k $152k |
VP COO | — | — | — | — | $134k $144k |
Controller highest compensated employee | — | — | — | — | $100k $108k |
VP of Human Resources/safety vice president | — | — | — | — | $89k $96k |
VP CIO chief information officer | — | — | — | — | $89k $96k |
Gas Engineering Manager highest compensated employee | — | — | — | — | $78k $84k |
Gas Operations Manager highest compensated employee | — | — | — | — | $74k $80k |
Director board member | — | — | — | — | $35k $37k |
Director board member | — | — | — | — | $25k $27k |
Director board member | — | — | — | — | $25k $26k |
Director board member | — | — | — | — | $22k $23k |
Director board member | — | — | — | — | $21k $23k |
Director board member | — | — | — | — | $20k $21k |
Director board member | — | — | — | — | $17k $19k |
Director board member | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $17k $18k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 3%
from 2023
From $297k in 2023 to $308k in 2024.
$297k
2023
$308k
2024
$297k
2023
$308k
2024
In today's dollarsEst.
Up 1% in real terms$328k to $331k
Estimated with BLS CPI-U for the Midwest 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
LICKING RURAL ELECTRIFICATION INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$69.2M
$66.2M
2023
$73.8M
$70.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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