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Filing year 2024

LICKING RURAL ELECTRIFICATION INC

Newark, Ohio·EIN 31-4234980·501(c)(12)
Total revenue
$73.8M
Total assets
$359.4M
Total expenses
$70.9M
Reported officers
18
Mission

DISTRIBUTE ELECTRICITY TO ITS MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

VP COO
75th to 90th percentile
$308k
$331k
Base
$210k
Bonus
$7k
Other
$6k
Benefits
$16k
President CEO
Median to 75th percentile
$151k
$162k
VP CFO
Median to 75th percentile
$141k
$152k
VP COO
25th percentile to median
$134k
$144k
Controller
25th percentile to median
$100k
$108k
VP of Human Resources/safety
Board Vice President
25th percentile to median
$89k
$96k
VP CIO
Chief Information Officer
10th to 25th percentile
$89k
$96k
Gas Engineering Manager
Highest Compensated Employee
Below 10th percentile
$78k
$84k
Gas Operations Manager
Operations Manager
25th percentile to median
$74k
$80k
Director
Board Member
Median to 75th percentile
$35k
$37k
Director
Board Member
Median to 75th percentile
$25k
$27k
Director
Board Member
Median to 75th percentile
$25k
$26k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$21k
$23k
Director
Board Member
Median to 75th percentile
$20k
$21k
Director
Board Member
Median to 75th percentile
$17k
$19k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
Median to 75th percentile
$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
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.

Pay for the position

Chief Operating Officer pay rose 3% from 2023 to 2024, while revenue rose 7%.

$297k in 2023 to $308k in 2024.
  • Chief Executive Officer pay rose 8% from 2023 to 2024.
  • Chief Financial Officer pay rose 1% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about LICKING RURAL ELECTRIFICATION INC

What does the Chief Operating Officer of LICKING RURAL ELECTRIFICATION INC earn?

In 2024, the Chief Operating Officer of LICKING RURAL ELECTRIFICATION INC received $307,633 in total compensation. This pay is in the top quarter for Chief Operating Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at LICKING RURAL ELECTRIFICATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Operating Officer at LICKING RURAL ELECTRIFICATION INC falls between the 75th and 90th percentiles.

What are LICKING RURAL ELECTRIFICATION INC's revenue and expenses?

In 2024, LICKING RURAL ELECTRIFICATION INC reported $73.8M in total revenue and $70.9M in total expenses on its IRS Form 990.

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