Skip to main content
Filing year 2024

SALT RIVER ELECTRIC COOPERATIVE CORPORATION

Bardstown, Kentucky·EIN 61-0329022·12
Total revenue
$137.8M
Total assets
$221M
Total expenses
$137.8M
Reported officers
13
Mission

DISTRIBUTION SALES OF ELECTRICITY ON A PATRONAGE BASIS TO AN AVERAGE OF APPROXIMATELY 56,857 CONSUMERS MONTHLY.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

$440k
$466k
Base
$381k
Bonus
Other
Benefits
$58k
Base
$161k
Bonus
Other
Benefits
$43k
Lineman
highest compensated employee
$195k
$207k
Base
$160k
Bonus
Other
Benefits
$35k
Base
$147k
Bonus
Other
Benefits
$42k
Lineman
highest compensated employee
$188k
$199k
Base
$153k
Bonus
Other
Benefits
$35k
Lineman
highest compensated employee
$186k
$197k
Base
$152k
Bonus
Other
Benefits
$34k
Lineman
highest compensated employee
$184k
$195k
Base
$149k
Bonus
Other
Benefits
$34k
Director
board member
$24k
$25k
Secretary
officer (unspecified)
$22k
$24k
Treasurer
officer (unspecified)
$20k
$22k
Director
board member
$20k
$22k
Vice Chairman
board vice chair
$20k
$21k
Chairman
board chair
$18k
$19k

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 5%
from 2023

From $418k in 2023 to $440k in 2024.

$418k
2023
$440k
2024
In today's dollarsEst.
Up 2% in real terms$457k to $466k

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

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

RevenueExpenses
$134.7M
$134.7M
2023
$137.8M
$137.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.