RICH MOUNTAIN ELECTRIC COOPERATIVE INC. IS A MEMBER OWNED ELECTRIC DISTRIBUTION COOPERATIVE ESTABLISHED TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS AT THE LOWEST POSSIBLE COST. THIS INCLUDES ASSISTING ITS MEMBERS IN FINDING WAYS TO IMPROVE ENERGY EFFICIENCY AT THEIR HOME OR BUSINESS.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
- Base
- $228k
- Bonus
- —
- Other
- —
- Benefits
- $32k
- Base
- $141k
- Bonus
- —
- Other
- —
- Benefits
- $29k
- Base
- $145k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $146k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $140k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $136k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $130k
- Bonus
- —
- Other
- —
- Benefits
- $28k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $228k | — | — | $32k | $315k $334k |
Employee highest compensated employee | $141k | — | — | $29k | $205k $218k |
Cfo/office Mgr officer (unspecified) | $145k | — | — | $28k | $205k $217k |
Employee highest compensated employee | $146k | — | — | $28k | $203k $216k |
Employee highest compensated employee | $140k | — | — | $28k | $197k $209k |
Employee highest compensated employee | $136k | — | — | $28k | $194k $206k |
Employee highest compensated employee | $130k | — | — | $28k | $188k $199k |
Treasurer officer (unspecified) | — | — | — | — | $47k $50k |
Director board member | — | — | — | — | $46k $49k |
Director board member | — | — | — | — | $44k $47k |
Director board member | — | — | — | — | $41k $44k |
Director board member | — | — | — | — | $40k $43k |
Director board member | — | — | — | — | $39k $41k |
Vice Chairman board vice chair | — | — | — | — | $37k $40k |
Chairman board chair | — | — | — | — | $30k $32k |
Director board member | — | — | — | — | $28k $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 3%
from 2023
From $305k in 2023 to $315k 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.
Revenue and expenses over time
RICH MOUNTAIN ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
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