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Filing year 2024

NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC

New Enterprise, Pennsylvania·EIN 23-0913675·501(c)(12)
Total revenue
$10.2M
Total assets
$10.4M
Total expenses
$8.8M
Reported officers
14
Mission

PROVIDING AFFORDABLE ELECTRICITY TO MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

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

Manager/ceo
Officer (Unspecified)
$220k
$238k
Base
$151k
Bonus
Other
Benefits
$28k
Lineman
Highest Compensated Employee
Median to 75th percentile
$169k
$182k
Base
$119k
Bonus
Other
Benefits
$23k
Outside Operations Manager
Operations Manager
Median to 75th percentile
$165k
$178k
Base
$107k
Bonus
Other
Benefits
$29k
Lineman
Highest Compensated Employee
25th percentile to median
$158k
$171k
Base
$111k
Bonus
Other
Benefits
$23k
Lineman
Highest Compensated Employee
25th percentile to median
$155k
$167k
Base
$110k
Bonus
Other
Benefits
$19k
Crew Chief
Highest Compensated Employee
25th percentile to median
$151k
$163k
Base
$101k
Bonus
Other
Benefits
$22k
Lineman
Highest Compensated Employee
25th percentile to median
$149k
$161k
Director
Board Member
25th percentile to median
$6k
$6k
Director & Assistant Sec'y
Officer (Unspecified)
$5k
$6k
Treasurer
Officer (Unspecified)
$5k
$6k
Secretary
Officer (Unspecified)
$5k
$5k
President
Below 10th percentile
$4k
$4k
Vice President
10th to 25th percentile
$3k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 35%
from 2023

From $163k in 2023 to $220k in 2024.

$163k
2023
$220k
2024
In today's dollarsEst.
Up 30% in real terms$182k to $238k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 2% from 2023 to 2024, while revenue rose 10%.

$6k in 2023 to $6k in 2024.
  • Chief Executive Officer pay fell 5% from 2023 to 2024.
  • Vice President pay fell 7% 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

NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.2M
$8.9M
2023
$10.2M
$8.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC received $168,605 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

What are NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC reported $10.2M in total revenue and $8.8M in total expenses on its IRS Form 990.

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