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Filing year 2024

RURAL ELECTRIC COOPERATIVE INC

Lindsay, Oklahoma·EIN 73-0431276·501(c)(12)
Total revenue
$59.3M
Total assets
$104.8M
Total expenses
$59.2M
Reported officers
16
Mission

ENHANCING THE MEMBERS' QUALITY OF LIFE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$334k
$354k
Base
$220k
Bonus
$12k
Other
$21k
Benefits
$16k
CFO
Above 90th percentile
$322k
$342k
Base
$200k
Bonus
$2k
Other
$3k
Benefits
$29k
Line Supervisor
Highest Compensated Employee
75th to 90th percentile
$244k
$259k
Base
$119k
Bonus
$2k
Other
$3k
Benefits
$29k
Operations Manager
75th to 90th percentile
$213k
$226k
Base
$128k
Bonus
$2k
Other
$575
Benefits
$29k
Meter Tech
Highest Compensated Employee
Median to 75th percentile
$193k
$205k
Base
$126k
Bonus
$2k
Other
$1k
Benefits
$30k
Lineman
Highest Compensated Employee
Median to 75th percentile
$187k
$199k
Base
$147k
Bonus
$2k
Other
$117
Benefits
$30k
Lineman
Highest Compensated Employee
Median to 75th percentile
$168k
$178k
Base
$128k
Bonus
$2k
Other
$116
Benefits
$31k
Vice-president
25th percentile to median
$46k
$49k
Secretary/treasurer
Officer (Unspecified)
$45k
$47k
President
25th percentile to median
$43k
$46k
Director
Board Member
Median to 75th percentile
$30k
$32k
Director
Board Member
Median to 75th percentile
$27k
$28k
Director
Board Member
Median to 75th percentile
$25k
$26k
Director
Board Member
Median to 75th percentile
$24k
$25k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$22k
$23k

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 6%
from 2023

From $314k in 2023 to $334k in 2024.

$314k
2023
$334k
2024
In today's dollarsEst.
Up 3% in real terms$343k to $354k

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

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 4%.

$314k in 2023 to $334k in 2024.
  • Chief Financial Officer pay rose 5% from 2023 to 2024.
  • Highest Compensated Employee pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

RURAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$56.9M
$56.7M
2023
$59.3M
$59.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RURAL ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of RURAL ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of RURAL ELECTRIC COOPERATIVE INC received $334,178 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 RURAL 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 RURAL ELECTRIC COOPERATIVE INC falls in the top 10%.

What are RURAL ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, RURAL ELECTRIC COOPERATIVE INC reported $59.3M in total revenue and $59.2M in total expenses on its IRS Form 990.

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