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Filing year 2024

MID-CAROLINA ELECTRIC COOPERATIVE ATTN THERESA CREPES

Lexington, South Carolina·EIN 57-0210417·12
Total revenue
$157.8M
Total assets
$403.9M
Total expenses
$157.8M
Reported officers
16
Mission

WE DELIVER RELIABLE, COST EFFICIENT UTILITIES AND INNOVATIVE SOLUTIONS TO OUR MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$632k
$670k
VP - Member
vice president
$392k
$416k
VP - Operati
vice president
$361k
$383k
VP - Enginee
vice president
$324k
$343k
Vp- Informat
highest compensated employee
$306k
$325k
Trustee
board member
$39k
$41k
Secretary
officer (unspecified)
$31k
$33k
Chairman
board chair
$27k
$28k
Trustee
board member
$15k
$16k
Vice Chairma
board vice chair
$15k
$16k
Trustee
board member
$14k
$14k
Treasurer
officer (unspecified)
$13k
$14k
Trustee
board member
$11k
$11k
Trustee-ret.
board member
$10k
$11k
Trustee
board member
$9k
$9k

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 14%
from 2023

From $737k in 2023 to $632k in 2024.

$737k
2023
$632k
2024
In today's dollarsEst.
Down 17% in real terms$805k to $670k

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

MID-CAROLINA ELECTRIC COOPERATIVE ATTN THERESA CREPES reported revenue and expenses across 2 filing years.

RevenueExpenses
$144.8M
$144.8M
2023
$157.8M
$157.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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