Skip to main content
Filing year 2024

NOLIN RURAL ELECTRIC COOPERATIVE CORP

Elizabethtown, Kentucky·EIN 61-0294540·12
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 · Schedule J · 13 reported individuals · Filing year 2024

$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

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.

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.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.