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Filing year 2024

SALEM ELECTRIC

Salem, Oregon·EIN 93-0272945·12
Total revenue
$34.4M
Total assets
$81.2M
Total expenses
$34.4M
Reported officers
15
Mission

Provide electric service to members. Provide energy conservation incentives, information and equipment to members.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$402k
$428k
Base
$330k
Bonus
Other
Benefits
$39k
Engineering and Operations Manager
key employee
$314k
$334k
Base
$252k
Bonus
Other
Benefits
$38k
Administrative Services Manager
officer (unspecified)
$292k
$311k
Base
$231k
Bonus
Other
Benefits
$38k
Foreman
highest compensated employee
$277k
$295k
Base
$226k
Bonus
Other
Benefits
$27k
Information Technology Manager
highest compensated employee
$269k
$286k
Base
$212k
Bonus
Other
Benefits
$40k
Foreman
highest compensated employee
$256k
$272k
Base
$200k
Bonus
Other
Benefits
$38k
Meter Apparatus Tech Lead II
highest compensated employee
$247k
$263k
Base
$206k
Bonus
Other
Benefits
$17k
Line Superintendent
highest compensated employee
$245k
$261k
Base
$199k
Bonus
Other
$600
Benefits
$26k
$12k
$13k
Secretary/treasurer
officer (unspecified)
$9k
$10k
Director
board member
$8k
$8k
Director
board member
$8k
$8k
Director
board member
$8k
$8k
Director
board member
$7k
$7k
Vice President
vice president
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 3%
from 2023

From $389k in 2023 to $402k in 2024.

$389k
2023
$402k
2024
In today's dollarsEst.
Roughly flat in real terms$426k to $428k

Estimated with BLS CPI-U for the West 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

SALEM ELECTRIC reported revenue and expenses across 2 filing years.

RevenueExpenses
$34M
$34M
2023
$34.4M
$34.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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