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Filing year 2024

NOLIN RURAL ELECTRIC COOPERATIVE CORP

Elizabethtown, Kentucky·EIN 61-0294540·501(c)(12)
Total revenue
$94.7M
Total assets
$168.3M
Total expenses
$94.7M
Reported officers
13
Mission

PROVIDE ELECTRIC SERVICE ON A PATRONAGE BASIS TO A MONTHLY AVERAGE OF 38,201 CONSUMERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$370k
$392k
Base
$265k
Bonus
Other
Benefits
$23k
VP Information Technology
Board Vice President
75th to 90th percentile
$219k
$233k
Base
$151k
Bonus
Other
Benefits
$22k
Sr Line Tech/crew Leader
Highest Compensated Employee
Median to 75th percentile
$212k
$225k
Base
$165k
Bonus
Other
Benefits
$15k
Sr Line Tech/crew Leader
Highest Compensated Employee
Median to 75th percentile
$207k
$220k
Base
$153k
Bonus
Other
Benefits
$22k
Sr Line Tech/crew Leader
Highest Compensated Employee
Median to 75th percentile
$205k
$217k
Base
$151k
Bonus
Other
Benefits
$22k
Vp, Administration/finance
Vice President
75th to 90th percentile
$185k
$196k
Base
$160k
Bonus
Other
Benefits
$22k
Mgr of Operations
Operations Manager
Median to 75th percentile
$169k
$180k
Base
$150k
Bonus
Other
Benefits
$16k
Director
Board Member
Median to 75th percentile
$24k
$25k
Director
Board Member
Median to 75th percentile
$22k
$23k
Secretary/treasurer
Officer (Unspecified)
$21k
$22k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$19k
$20k
Chairman
Board Chair
25th percentile to median
$18k
$20k
Director
Board Member
Median to 75th percentile
$18k
$19k

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 3%
from 2023

From $358k in 2023 to $370k in 2024.

$358k
2023
$370k
2024
In today's dollarsEst.
Roughly flat in real terms$391k to $392k

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.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 7%.

$358k in 2023 to $370k in 2024.
  • Board Vice President pay rose 4% from 2023 to 2024.
  • Highest Compensated Employee pay rose 6% 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

NOLIN RURAL ELECTRIC COOPERATIVE CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$88.5M
$88.5M
2023
$94.7M
$94.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NOLIN RURAL ELECTRIC COOPERATIVE CORP

What does the Chief Executive Officer of NOLIN RURAL ELECTRIC COOPERATIVE CORP earn?

In 2024, the Chief Executive Officer of NOLIN RURAL ELECTRIC COOPERATIVE CORP received $369,956 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 NOLIN RURAL ELECTRIC COOPERATIVE CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NOLIN RURAL ELECTRIC COOPERATIVE CORP falls in the top 10%.

What are NOLIN RURAL ELECTRIC COOPERATIVE CORP's revenue and expenses?

In 2024, NOLIN RURAL ELECTRIC COOPERATIVE CORP reported $94.7M in total revenue and $94.7M in total expenses on its IRS Form 990.

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