TO PROVIDE THE BEST ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT THE LOWEST PRICE CONSISTENT WITH HIGHEST STANDARDS OF SERVICE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $317k
- Bonus
- $15k
- Other
- $14k
- Benefits
- $13k
- Base
- $186k
- Bonus
- $8k
- Other
- $3k
- Benefits
- $10k
- Base
- $160k
- Bonus
- $8k
- Other
- $6k
- Benefits
- $10k
- Base
- $138k
- Bonus
- $6k
- Other
- $2k
- Benefits
- $10k
- Base
- $123k
- Bonus
- $6k
- Other
- $5k
- Benefits
- $19k
- Base
- $118k
- Bonus
- $6k
- Other
- $3k
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President an Above 90th percentile | $317k | $15k | $14k | $13k | $471k $499k |
Vp-engineeri Highest Compensated Employee 75th to 90th percentile | $186k | $8k | $3k | $10k | $274k $291k |
CFO 75th to 90th percentile | $160k | $8k | $6k | $10k | $248k $263k |
Vp-human Res Highest Compensated Employee Median to 75th percentile | $138k | $6k | $2k | $10k | $209k $221k |
Vp-operatios Highest Compensated Employee Median to 75th percentile | $123k | $6k | $5k | $19k | $199k $211k |
Vp-operation Highest Compensated Employee Median to 75th percentile | $118k | $6k | $3k | $19k | $194k $205k |
Chairman Board Chair Median to 75th percentile | — | — | — | — | $44k $47k |
Director Board Member Median to 75th percentile | — | — | — | — | $43k $45k |
Director Board Member Median to 75th percentile | — | — | — | — | $39k $41k |
Director Board Member Median to 75th percentile | — | — | — | — | $38k $41k |
Secretary/tr Officer (Unspecified) | — | — | — | — | $37k $39k |
Director Board Member Median to 75th percentile | — | — | — | — | $35k $37k |
Director Board Member Median to 75th percentile | — | — | — | — | $30k $32k |
Vice Chairma Board Vice Chair Median to 75th percentile | — | — | — | — | $28k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
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 16%
from 2023
From $406k in 2023 to $471k in 2024.
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.
Chief Executive Officer pay rose 16% from 2023 to 2024, while revenue rose 11%.
- Highest Compensated Employee pay rose 21% from 2023 to 2024.
- Chief Financial Officer pay rose 10% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
NEWBERRY ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about NEWBERRY ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of NEWBERRY ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of NEWBERRY ELECTRIC COOPERATIVE INC received $470,830 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEWBERRY ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NEWBERRY ELECTRIC COOPERATIVE INC falls in the top 10%.
What are NEWBERRY ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, NEWBERRY ELECTRIC COOPERATIVE INC reported $53.7M in total revenue and $53.7M in total expenses on its IRS Form 990.
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