Mission
PROVIDE ELECTRIC SERVICE ON A PATRONAGE BASIS TO A MONTHLY AVERAGE OF 38,201 CONSUMERS.
Executive compensation, broken down
Form 990 · Schedule J · 13 reported individuals · Filing year 2024
President/ceo
$370k
$392k
- Base
- $265k
- Bonus
- —
- Other
- —
- Benefits
- $23k
VP Information Technology
vice president
$219k
$233k
- Base
- $151k
- Bonus
- —
- Other
- —
- Benefits
- $22k
Sr Line Tech/crew Leader
highest compensated employee
$212k
$225k
- Base
- $165k
- Bonus
- —
- Other
- —
- Benefits
- $15k
Sr Line Tech/crew Leader
highest compensated employee
$207k
$220k
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- $22k
Sr Line Tech/crew Leader
highest compensated employee
$205k
$217k
- Base
- $151k
- Bonus
- —
- Other
- —
- Benefits
- $22k
Vp, Administration/finance
vice president
$185k
$196k
- Base
- $160k
- Bonus
- —
- Other
- —
- Benefits
- $22k
Mgr of Operations
highest compensated employee
$169k
$180k
- Base
- $150k
- Bonus
- —
- Other
- —
- Benefits
- $16k
Director
board member
$24k
$25k
Director
board member
$22k
$23k
Secretary/treasurer
officer (unspecified)
$21k
$22k
Vice Chairman
board vice chair
$19k
$20k
Chairman
board chair
$18k
$20k
Director
board member
$18k
$19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $265k | — | — | $23k | $370k $392k |
VP Information Technology vice president | $151k | — | — | $22k | $219k $233k |
Sr Line Tech/crew Leader highest compensated employee | $165k | — | — | $15k | $212k $225k |
Sr Line Tech/crew Leader highest compensated employee | $153k | — | — | $22k | $207k $220k |
Sr Line Tech/crew Leader highest compensated employee | $151k | — | — | $22k | $205k $217k |
Vp, Administration/finance vice president | $160k | — | — | $22k | $185k $196k |
Mgr of Operations highest compensated employee | $150k | — | — | $16k | $169k $180k |
Director board member | — | — | — | — | $24k $25k |
Director board member | — | — | — | — | $22k $23k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $21k $22k |
Vice Chairman board vice chair | — | — | — | — | $19k $20k |
Chairman board chair | — | — | — | — | $18k $20k |
Director board member | — | — | — | — | $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
$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.
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.
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