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Filing year 2024

LITTLE RIVER ELECTRIC COOPERATIVE INC

Abbeville, South Carolina·EIN 57-0199889·501(c)(12)
Total revenue
$34.2M
Total assets
$80.5M
Total expenses
$33.9M
Reported officers
16
Mission

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 · 16 reported individuals · Filing year 2024

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

Gm/ceo Thru
Officer (Unspecified)
$309k
$327k
Base
$190k
Bonus
Other
$38k
Benefits
$10k
Gm/ceo Eff 1
Officer (Unspecified)
$209k
$222k
Base
$154k
Bonus
$2k
Other
$3k
Benefits
$7k
Distr. Sys.
Highest Compensated Employee
Median to 75th percentile
$184k
$195k
Base
$131k
Bonus
$1k
Other
$2k
Benefits
$14k
Engineer Ser
Highest Compensated Employee
Median to 75th percentile
$179k
$190k
Base
$131k
Bonus
$5k
Other
$6k
Benefits
Operation Se
Highest Compensated Employee
Median to 75th percentile
$178k
$189k
Base
$127k
Bonus
$2k
Other
$5k
Benefits
$7k
Mgr. of Fina
Highest Compensated Employee
Median to 75th percentile
$178k
$189k
Base
$129k
Bonus
$5k
Other
$403
Benefits
Dist. Sys. F
Highest Compensated Employee
Median to 75th percentile
$173k
$184k
Base
$129k
Bonus
$1k
Other
$325
Benefits
$8k
Vice Preside
Vice President
25th percentile to median
$21k
$22k
Secretary/tr
Officer (Unspecified)
$18k
$19k
Trustee
Board Member
Median to 75th percentile
$18k
$19k
President
10th to 25th percentile
$15k
$16k
Trustee
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$9k
$10k
Trustee
Board Member
25th percentile to median
$6k
$7k
Trustee
Board Member
10th to 25th percentile
$4k
$4k

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.

Down 16%
from 2023

From $367k in 2023 to $309k in 2024.

$367k
2023
$309k
2024
In today's dollarsEst.
Down 18% in real terms$401k to $327k

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.

Pay for the position

Highest Compensated Employee pay fell 4% from 2023 to 2024, while revenue rose 8%.

$191k in 2023 to $184k in 2024.
  • Vice President pay rose 15% from 2023 to 2024.
  • Board Member pay fell 27% 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

LITTLE RIVER ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$31.6M
$31.4M
2023
$34.2M
$33.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LITTLE RIVER ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of LITTLE RIVER ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of LITTLE RIVER ELECTRIC COOPERATIVE INC received $183,972 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at LITTLE RIVER ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at LITTLE RIVER ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

What are LITTLE RIVER ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, LITTLE RIVER ELECTRIC COOPERATIVE INC reported $34.2M in total revenue and $33.9M in total expenses on its IRS Form 990.

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