FROM 1/1/23 - 11/10/23: PROVIDING ELECTRICITY DISTRIBUTION SERVICES TO ITS TWO SEC. 501(C)(12) MEMBERS. FROM 11/10/23 - 12/31/23: PROVIDING COMPLETE ELECTRIC SERVICE TO THE FORMER MEMBERS OF PEE DEE ELECTRIC COOPERATIVE AND MARLBORO ELECTRIC COOPERATIVE. SEE SCH O AND MERGER DOCUMENTS ATTACHED.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 26 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $571k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $500k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $384k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $352k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $347k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $346k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $227k
- Bonus
- $119k
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President (c Above 90th percentile | $571k | — | — | — | $571k $623k |
Officer Highest Compensated Employee Above 90th percentile | $500k | — | — | — | $500k $546k |
CFO 75th to 90th percentile | $384k | — | — | — | $384k $419k |
Officer Highest Compensated Employee Above 90th percentile | $352k | — | — | — | $352k $385k |
Chief Consum Highest Compensated Employee Above 90th percentile | $347k | — | — | — | $347k $379k |
Vp, Accounti Board Vice President 75th to 90th percentile | $346k | — | — | — | $346k $377k |
Chief Operat Highest Compensated Employee Above 90th percentile | $227k | $119k | — | — | $346k $377k |
Vice Chairma Board Vice Chair Median to 75th percentilevs all sectors nationwide | — | — | — | — | $18k $19k |
Director Board Member Median to 75th percentile | — | — | — | — | $17k $19k |
Director Board Member Median to 75th percentile | — | — | — | — | $17k $18k |
Director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Secretary/tr Officer (Unspecified) | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Chairman Board Chair 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $8k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at MPD ELECTRIC COOPERATIVE INC equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MPD ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of MPD ELECTRIC COOPERATIVE INC earn?
In 2023, the Chief Executive Officer of MPD ELECTRIC COOPERATIVE INC received $570,863 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MPD ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2023 pay of the Chief Executive Officer at MPD ELECTRIC COOPERATIVE INC falls in the top 10%. In 2023, the highest total compensation at MPD ELECTRIC COOPERATIVE INC equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are MPD ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2023, MPD ELECTRIC COOPERATIVE INC reported $70.7M in total revenue and $74.5M in total expenses on its IRS Form 990.
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