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Filing year 2024

MID-SOUTH ELECTRIC COOPERATIVE ASSOCIATION

Navasota, Texas·EIN 74-0783753·12
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 · Schedule J · 19 reported individuals · Filing year 2024

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

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.
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