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Filing year 2024

MARSHALL-DEKALB ELECTRIC COOPERATIVE

Boaz, Alabama·EIN 63-0132555·12
Total revenue
$20.4M
Total assets
$110M
Total expenses
$17.5M
Reported officers
11
Mission

PURCHASE AND SALE OF ELECTRICITY FOR ITS MEMBERSHIP

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Manager
key employee
$190k
$202k
Base
$185k
Bonus
Other
Benefits
Chief Engineer
key employee
$165k
$175k
Base
$165k
Bonus
Other
Benefits
$17k
$18k
Sec/treas
officer (unspecified)
$15k
$16k
Trustee
board member
$14k
$15k
Trustee
board member
$14k
$15k
Trustee
board member
$14k
$14k
Trustee
board member
$13k
$14k
Trustee
board member
$13k
$14k
Trustee
board member
$13k
$14k
Vice President
vice president
$13k
$14k

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.

Up 9%
from 2023

From $175k in 2023 to $190k in 2024.

$175k
2023
$190k
2024
In today's dollarsEst.
Up 6% in real terms$191k to $202k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MARSHALL-DEKALB ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.4M
$16.6M
2023
$20.4M
$17.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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