TO DELIVER COMPETITIVELY PRICED, RELIABLE ENERGY AND INNOVATIVE RELATED SERVICES TO ITS MEMBERS AND TO PROVIDE LEADERSHIP AND SUPPORT TO THE COMMUNITIES WE SERVE
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $453k
- Bonus
- $53k
- Other
- $64k
- Benefits
- $27k
- Base
- $228k
- Bonus
- $24k
- Other
- $23k
- Benefits
- $37k
- Base
- $285k
- Bonus
- $28k
- Other
- $10k
- Benefits
- $40k
- Base
- $224k
- Bonus
- $22k
- Other
- $22k
- Benefits
- $36k
- Base
- $179k
- Bonus
- —
- Other
- $129k
- Benefits
- $35k
- Base
- $217k
- Bonus
- $25k
- Other
- $15k
- Benefits
- $36k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Pres. & CEO Above 90th percentile | $453k | $53k | $64k | $27k | $1M $1.1M |
V.p Finance Highest Compensated Employee Above 90th percentile | $228k | $24k | $23k | $37k | $454k $481k |
V.p Engin/op Highest Compensated Employee Above 90th percentile | $285k | $28k | $10k | $40k | $444k $471k |
V.p Human Re Highest Compensated Employee Above 90th percentile | $224k | $22k | $22k | $36k | $412k $437k |
Operations M Operations Manager Above 90th percentile | $179k | — | $129k | $35k | $411k $436k |
V.p Marketin Highest Compensated Employee Above 90th percentile | $217k | $25k | $15k | $36k | $387k $411k |
Director Board Member Median to 75th percentile | — | — | — | — | $49k $52k |
Director Board Member Median to 75th percentile | — | — | — | — | $41k $44k |
Director Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Chairman Board Chair Median to 75th percentile | — | — | — | — | $30k $32k |
Vice Chairma Board Vice Chair Median to 75th percentile | — | — | — | — | $29k $31k |
Secretary-tr Officer (Unspecified) | — | — | — | — | $27k $28k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $20k $21k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
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 12%
from 2023
From $929k in 2023 to $1M in 2024.
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.
Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 7%.
- Highest Compensated Employee pay rose 6% from 2023 to 2024.
- Board Member pay rose 1% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
PALMETTO ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about PALMETTO ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of PALMETTO ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of PALMETTO ELECTRIC COOPERATIVE INC received $1,036,538 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at PALMETTO ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PALMETTO ELECTRIC COOPERATIVE INC falls in the top 10%.
What are PALMETTO ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, PALMETTO ELECTRIC COOPERATIVE INC reported $194.8M in total revenue and $194.8M in total expenses on its IRS Form 990.
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