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Filing year 2024

NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC

Raleigh, North Carolina·EIN 56-1189186·6
Total revenue
$13.9M
Total assets
$4.8M
Total expenses
$13.2M
Reported officers
58
Mission

PROVIDE PROGRAMS AND SERVICES IN SUPPORT OF RURAL ELECTRICIFATION

Executive compensation

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

$140k
$149k
$139k
$148k
$137k
$146k
SVP General
senior vice president
$119k
$126k
Assist. Sec.
officer (unspecified)
$76k
$81k
Assist. Sec.
officer (unspecified)
$69k
$73k

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.

Plus 52 unpaid individuals.

Up 4%
from 2023

From $135k in 2023 to $140k in 2024.

$135k
2023
$140k
2024
In today's dollarsEst.
Up 1% in real terms$147k to $149k

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

NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.4M
$12.8M
2023
$13.9M
$13.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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