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Filing year 2023

MOUNTAIN ELECTRIC COOPERATIVE INC

Mountain City, Tennessee·EIN 62-0301937·12
Total revenue
$71.6M
Total assets
$143.1M
Total expenses
$70.1M
Reported officers
10
Mission

Electric Power Distribution: To provide reliable electric power at the lowest possible cost

Executive compensation

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

District Manager
key employee
$86k
$94k
General Manager
highest compensated employee
$85k
$93k
Secretary Treasurer
board treasurer
$11k
$12k
Trustee
board member
$10k
$11k
President
board president
$7k
$7k
Trustee
board member
$6k
$7k
Trustee
board member
$6k
$6k
Trustee
board member
$6k
$6k
Trustee
board member
$6k
$6k
Trustee
board member
$6k
$6k

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 52%
from 2022

From $177k in 2022 to $86k in 2023.

$177k
2022
$86k
2023
In today's dollarsEst.
Down 54% in real terms$202k to $94k

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

MOUNTAIN ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$72.9M
$69.5M
2022
$71.6M
$70.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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