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Filing year 2024

MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION

Navasota, Texas·EIN 74-0783753·501(c)(12)
Total revenue
$160.5M
Total assets
$611.8M
Total expenses
$164.9M
Reported officers
19
Mission

THE COOPERATIVE'S AND ITS SUBSIDIARIES' MISSION IS TO PROVIDE QUALITY SERVICE (ELECTRICITY, WATER, WASTEWATER, INTERNET, & SOLAR) AT A REASONABLE PRICE, BRINGING VITAL SERVICES TO INCREASE BOTH THE QUALITY OF LIFE AND ECONOMIC HEALTH IN THE MID-SOUTH SYNERGY SERVICE AREA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

General Manager/ceo
Officer (Unspecified)
$762k
$808k
Base
$414k
Bonus
$26k
Other
$175k
Benefits
$32k
Sr. Vice President
Vice President
Above 90th percentile
$492k
$521k
Base
$295k
Bonus
$19k
Other
$66k
Benefits
$32k
Sr. Vice President
Vice President
Above 90th percentile
$488k
$518k
Base
$289k
Bonus
$19k
Other
$89k
Benefits
$34k
Sr. Vice President
Vice President
Above 90th percentile
$484k
$513k
Base
$296k
Bonus
$19k
Other
$60k
Benefits
$32k
Sr. Vice President
Vice President
Above 90th percentile
$347k
$368k
Base
$227k
Bonus
$35k
Other
$57k
Benefits
VP - Operations
Board Vice President
Above 90th percentile
$346k
$367k
Base
$184k
Bonus
$12k
Other
$68k
Benefits
$30k
VP - Technology
Board Vice President
75th to 90th percentile
$322k
$342k
Base
$192k
Bonus
$12k
Other
$54k
Benefits
$32k
VP - Compliance
Board Vice President
75th to 90th percentile
$294k
$311k
Base
$138k
Bonus
$9k
Other
$53k
Benefits
$28k
VP - HR & Safety
Board Vice President
75th to 90th percentile
$254k
$270k
Base
$157k
Bonus
$10k
Other
$35k
Benefits
$25k
VP - Government Relations
Board Vice President
75th to 90th percentile
$245k
$260k
Base
$143k
Bonus
$9k
Other
$39k
Benefits
$31k
President
10th to 25th percentile
$33k
$35k
Director
Board Member
Median to 75th percentile
$30k
$32k
Director
Board Member
Median to 75th percentile
$24k
$26k
Director
Board Member
Median to 75th percentile
$21k
$22k
Vice President
25th percentile to median
$18k
$19k
Director (may-dec)
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$15k
$16k
Secretary/treasurer
Officer (Unspecified)
$12k
$13k
Director (jan-feb)
Board Member
Below 10th percentile
$800
$849

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 $696k in 2023 to $762k in 2024.

$696k
2023
$762k
2024
In today's dollarsEst.
Up 6% in real terms$760k to $808k

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

Vice President pay rose 22% from 2023 to 2024, while revenue rose 6%.

$404k in 2023 to $492k in 2024.
  • Board Vice President pay rose 6% from 2023 to 2024.
  • Chief Executive Officer pay fell 19% 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

MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$151.2M
$148.7M
2023
$160.5M
$164.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION

What does the Vice President of MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION earn?

In 2024, the Vice President of MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION received $491,609 in total compensation. This pay is in the top 10% for Vice President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Vice President pay at MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Vice President at MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION falls in the top 10%.

What are MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION's revenue and expenses?

In 2024, MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION reported $160.5M in total revenue and $164.9M in total expenses on its IRS Form 990.

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