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Filing year 2023

NORTHCENTRAL ELECTRIC COOPERATIVE

Olive Branch, Mississippi·EIN 64-0300045·501(c)(12)
Total revenue
$140.2M
Total assets
$269.7M
Total expenses
$136.4M
Reported officers
16
Mission

TO BRING SAFE, RELIABLE, AND AFFORDABLE POWER TO CUSTOMERS IN A COURTEOUS AND TIMELY MANNER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

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

General Mana
General Manager
Above 90th percentile
$571k
$623k
Base
$457k
Bonus
Other
Benefits
Director of
Highest Compensated Employee
75th to 90th percentile
$323k
$352k
Base
$251k
Bonus
Other
Benefits
Director of
Highest Compensated Employee
75th to 90th percentile
$308k
$336k
Base
$246k
Bonus
Other
Benefits
Director of
Highest Compensated Employee
75th to 90th percentile
$291k
$318k
Base
$220k
Bonus
Other
Benefits
Director of
Highest Compensated Employee
75th to 90th percentile
$287k
$313k
Base
$215k
Bonus
Other
Benefits
Director of
Highest Compensated Employee
75th to 90th percentile
$266k
$290k
Base
$194k
Bonus
Other
Benefits
Board Member
Median to 75th percentile
$29k
$32k
Secretary
Officer (Unspecified)
$28k
$31k
Board Member
Median to 75th percentile
$28k
$31k
President
10th to 25th percentile
$28k
$30k
Board Member
Median to 75th percentile
$27k
$29k
Board Member
Median to 75th percentile
$27k
$29k
Board Member
Median to 75th percentile
$26k
$28k
Vice Preside
Vice President
25th percentile to median
$21k
$23k
Board Member
25th percentile to median
$15k
$16k

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 1 unpaid individual.

Up 22%
from 2022

From $468k in 2022 to $571k in 2023.

$468k
2022
$571k
2023
In today's dollarsEst.
Up 17% in real terms$534k to $623k

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

General Manager pay rose 22% from 2022 to 2023, while revenue fell 1%.

$468k in 2022 to $571k in 2023.
  • Highest Compensated Employee pay rose 19% from 2022 to 2023.
  • Board Member pay rose 17% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NORTHCENTRAL ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$142.3M
$136.8M
2022
$140.2M
$136.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NORTHCENTRAL ELECTRIC COOPERATIVE

What does the General Manager of NORTHCENTRAL ELECTRIC COOPERATIVE earn?

In 2023, the General Manager of NORTHCENTRAL ELECTRIC COOPERATIVE received $570,702 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at NORTHCENTRAL ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the General Manager at NORTHCENTRAL ELECTRIC COOPERATIVE falls in the top 10%.

What are NORTHCENTRAL ELECTRIC COOPERATIVE's revenue and expenses?

In 2023, NORTHCENTRAL ELECTRIC COOPERATIVE reported $140.2M in total revenue and $136.4M in total expenses on its IRS Form 990.

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