Mission
WE ARE COMMITTED TO DELIVERING LOW-COST, RELIABLE, AND SAFE ENERGY FOR OUR MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 24 reported individuals · Filing year 2024
Chief Executive Officer
$808k
$857k
- Base
- $689k
- Bonus
- $50k
- Other
- $22k
- Benefits
- $13k
Chief Strategy Officer
officer (unspecified)
$661k
$702k
- Base
- $381k
- Bonus
- $116k
- Other
- $21k
- Benefits
- $73k
Chief Financial Officer
$629k
$668k
- Base
- $385k
- Bonus
- $121k
- Other
- $23k
- Benefits
- $66k
VP - Operations
vice president
$534k
$567k
- Base
- $259k
- Bonus
- $82k
- Other
- $7k
- Benefits
- $69k
Chief Administrative Officer
officer (unspecified)
$518k
$549k
- Base
- $320k
- Bonus
- $81k
- Other
- $19k
- Benefits
- $63k
Chief Compliance Officer
officer (unspecified)
$504k
$535k
- Base
- $318k
- Bonus
- $71k
- Other
- $20k
- Benefits
- $61k
VP - Markets (jan-june)
vice president
$485k
$514k
- Base
- $154k
- Bonus
- $64k
- Other
- $219k
- Benefits
- $25k
Senior Associate General Counsel
highest compensated employee
$473k
$502k
- Base
- $262k
- Bonus
- $101k
- Other
- $20k
- Benefits
- $57k
Chief Operations Officer
officer (unspecified)
$470k
$498k
- Base
- $297k
- Bonus
- $77k
- Other
- $19k
- Benefits
- $47k
Controller
highest compensated employee
$450k
$477k
- Base
- $264k
- Bonus
- $71k
- Other
- $19k
- Benefits
- $62k
Dir - Power Quality & Dev. (jan-nov)
highest compensated employee
$367k
$390k
- Base
- $167k
- Bonus
- $64k
- Other
- $55k
- Benefits
- $58k
VP - Technology & Digital Strategy
vice president
$348k
$369k
- Base
- $247k
- Bonus
- $46k
- Other
- $18k
- Benefits
- $26k
VP - Engineering (jan-june)
vice president
$342k
$363k
- Base
- $119k
- Bonus
- $64k
- Other
- $109k
- Benefits
- $30k
Dir - Mbr Relations Engmt (jan-nov)
highest compensated employee
$306k
$325k
- Base
- $154k
- Bonus
- $55k
- Other
- $47k
- Benefits
- $26k
General Counsel (jan-mar)
officer (unspecified)
$218k
$231k
- Base
- $68k
- Bonus
- $91k
- Other
- $6k
- Benefits
- $34k
General Counsel (oct-dec)
officer (unspecified)
$148k
$157k
Chief Operations Officer (nov-dec)
officer (unspecified)
$64k
$68k
Secretary/treasurer
officer (unspecified)
$37k
$40k
President
$37k
$39k
Director
board member
$37k
$39k
Vice President
vice president
$37k
$39k
Director
board member
$36k
$39k
Director
board member
$36k
$38k
Director
board member
$36k
$38k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer | $689k | $50k | $22k | $13k | $808k $857k |
Chief Strategy Officer officer (unspecified) | $381k | $116k | $21k | $73k | $661k $702k |
Chief Financial Officer | $385k | $121k | $23k | $66k | $629k $668k |
VP - Operations vice president | $259k | $82k | $7k | $69k | $534k $567k |
Chief Administrative Officer officer (unspecified) | $320k | $81k | $19k | $63k | $518k $549k |
Chief Compliance Officer officer (unspecified) | $318k | $71k | $20k | $61k | $504k $535k |
VP - Markets (jan-june) vice president | $154k | $64k | $219k | $25k | $485k $514k |
Senior Associate General Counsel highest compensated employee | $262k | $101k | $20k | $57k | $473k $502k |
Chief Operations Officer officer (unspecified) | $297k | $77k | $19k | $47k | $470k $498k |
Controller highest compensated employee | $264k | $71k | $19k | $62k | $450k $477k |
Dir - Power Quality & Dev. (jan-nov) highest compensated employee | $167k | $64k | $55k | $58k | $367k $390k |
VP - Technology & Digital Strategy vice president | $247k | $46k | $18k | $26k | $348k $369k |
VP - Engineering (jan-june) vice president | $119k | $64k | $109k | $30k | $342k $363k |
Dir - Mbr Relations Engmt (jan-nov) highest compensated employee | $154k | $55k | $47k | $26k | $306k $325k |
General Counsel (jan-mar) officer (unspecified) | $68k | $91k | $6k | $34k | $218k $231k |
General Counsel (oct-dec) officer (unspecified) | — | — | — | — | $148k $157k |
Chief Operations Officer (nov-dec) officer (unspecified) | — | — | — | — | $64k $68k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $37k $40k |
President | — | — | — | — | $37k $39k |
Director board member | — | — | — | — | $37k $39k |
Vice President vice president | — | — | — | — | $37k $39k |
Director board member | — | — | — | — | $36k $39k |
Director board member | — | — | — | — | $36k $38k |
Director board member | — | — | — | — | $36k $38k |
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.
Down 8%
from 2023
From $881k in 2023 to $808k in 2024.
$881k
2023
$808k
2024
$881k
2023
$808k
2024
In today's dollarsEst.
Down 11% in real terms$962k to $857k
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
PEDERNALES ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$882.8M
$879.4M
2023
$927.9M
$926.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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