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Filing year 2023

North Alabama Electric Cooperative

Stevenson, Alabama·EIN 63-0153273·501(c)(12)
Total revenue
$58.7M
Total assets
$73.2M
Total expenses
$54.4M
Reported officers
16
Mission

The aim of North Alabma Electric Cooperative is to make electric energy available to its members at the lowest cost consistent with sound economy and good management.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

Telecomm Super
Highest Compensated Employee
Median to 75th percentile
$219k
$239k
Base
$144k
Bonus
Other
Benefits
$25k
General Manager
Median to 75th percentile
$209k
$228k
Base
$146k
Bonus
Other
Benefits
$25k
Electric Foreman
Highest Compensated Employee
Median to 75th percentile
$183k
$200k
Base
$124k
Bonus
Other
Benefits
$24k
Electric Foreman
Highest Compensated Employee
25th percentile to median
$162k
$177k
Base
$122k
Bonus
Other
Benefits
$23k
Office Manager
75th to 90th percentile
$160k
$174k
Base
$110k
Bonus
Other
Benefits
$24k
Superintendent
Highest Compensated Employee
25th percentile to median
$154k
$168k
Base
$119k
Bonus
Other
Benefits
$24k
CFO
Median to 75th percentile
$122k
$133k
Trustee
Board Member
Median to 75th percentile
$30k
$33k
Trustee
Board Member
Median to 75th percentile
$29k
$32k
Trustee
Board Member
Median to 75th percentile
$29k
$32k
Secretary/treasurer
Board Treasurer
75th to 90th percentile
$18k
$20k
Trustee
Board Member
Median to 75th percentile
$18k
$20k
Trustee
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
25th percentile to median
$11k
$12k
President
Board President
25th percentile to median
$10k
$11k
Trustee
Board Member
Below 10th percentile
$400
$437

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.

FAQ

Common questions about North Alabama Electric Cooperative

What does the Highest Compensated Employee of North Alabama Electric Cooperative earn?

In 2023, the Highest Compensated Employee of North Alabama Electric Cooperative received $218,660 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 North Alabama Electric Cooperative compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at North Alabama Electric Cooperative falls between the median and the 75th percentile.

What are North Alabama Electric Cooperative's revenue and expenses?

In 2023, North Alabama Electric Cooperative reported $58.7M in total revenue and $54.4M in total expenses on its IRS Form 990.

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