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Filing year 2024

PEA RIVER ELECTRIC COOPERATIVE

Ozark, Alabama·EIN 63-0161119·12
Total revenue
$56.4M
Total assets
$182.7M
Total expenses
$54.3M
Reported officers
16
Mission

TO PROVIDE THE BEST VALUE IN QUALITY ELECTRIC AND RELATED SERVICES IN SOUTHEAST ALABAMA.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

VP Operation
vice president
$315k
$334k
Base
$154k
Bonus
Other
Benefits
$22k
Base
$207k
Bonus
Other
Benefits
$20k
Engineer
highest compensated employee
$246k
$261k
Base
$177k
Bonus
Other
Benefits
$20k
VP Broadband
vice president
$179k
$189k
Base
$154k
Bonus
Other
Benefits
$7k
Construction
highest compensated employee
$170k
$181k
Base
$136k
Bonus
Other
Benefits
$20k
Construction
highest compensated employee
$169k
$180k
Base
$144k
Bonus
Other
Benefits
$20k
Trustee
board member
$38k
$40k
Trustee
board member
$38k
$40k
Trustee
board member
$36k
$38k
Trustee
board member
$35k
$38k
Vice Preside
vice president
$32k
$34k
$32k
$34k
Trustee
board member
$31k
$33k
Trustee
board member
$30k
$32k
Secretary
officer (unspecified)
$27k
$29k

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 15%
from 2023

From $274k in 2023 to $315k in 2024.

$274k
2023
$315k
2024
In today's dollarsEst.
Up 12% in real terms$299k to $334k

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

PEA RIVER ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$51.8M
$50.2M
2023
$56.4M
$54.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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