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Filing year 2023

MAGNOLIA ELECTRIC POWER ASSOCIATION

McComb, Mississippi·EIN 64-0195613·501(c)(12)
Total revenue
$87.5M
Total assets
$204.6M
Total expenses
$87.5M
Reported officers
16
Mission

MEMBER OWNED ELECTRIC COOPERATIVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

General Mana
General Manager
Above 90th percentile
$485k
$529k
Base
$412k
Bonus
Other
Benefits
$15k
Manager-eng
Highest Compensated Employee
75th to 90th percentile
$261k
$286k
Base
$215k
Bonus
Other
Benefits
$14k
Elec. Engine
Highest Compensated Employee
25th percentile to median
$163k
$179k
Base
$128k
Bonus
Other
Benefits
$15k
Manager-admi
Officer (Unspecified)
$156k
$170k
Base
$128k
Bonus
Other
Benefits
$8k
Serviceman
Highest Compensated Employee
25th percentile to median
$152k
$166k
Base
$125k
Bonus
Other
Benefits
$14k
Serviceman
Highest Compensated Employee
25th percentile to median
$147k
$160k
Senior Linem
Highest Compensated Employee
25th percentile to median
$146k
$160k
Director
Board Member
Median to 75th percentile
$21k
$23k
Vice Preside
Vice President
25th percentile to median
$21k
$23k
Director
Board Member
Median to 75th percentile
$18k
$20k
Director
Board Member
Median to 75th percentile
$17k
$19k
Sec.-trea.
Officer (Unspecified)
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$12k
$13k
President
Below 10th percentile
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$11k

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 MAGNOLIA ELECTRIC POWER ASSOCIATION

What does the General Manager of MAGNOLIA ELECTRIC POWER ASSOCIATION earn?

In 2023, the General Manager of MAGNOLIA ELECTRIC POWER ASSOCIATION received $484,704 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at MAGNOLIA ELECTRIC POWER ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the General Manager at MAGNOLIA ELECTRIC POWER ASSOCIATION falls in the top 10%.

What are MAGNOLIA ELECTRIC POWER ASSOCIATION's revenue and expenses?

In 2023, MAGNOLIA ELECTRIC POWER ASSOCIATION reported $87.5M in total revenue and $87.5M in total expenses on its IRS Form 990.

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