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Filing year 2024

SAN MIGUEL ELECTRIC COOPERATIVE INC

Jourdanton, Texas·EIN 74-1937134·501(c)(12)
Total revenue
$175.6M
Total assets
$526.8M
Total expenses
$175.6M
Reported officers
30
Mission

Provide safe, reliable and affordable power to our members through diligent resource management, environmental stewardship, and employee growth, while helping to meet needs within the communities we serve. Maintain a dependable power supply at the lowest possible and competitive cost to our customers through integrity, hard work, and safety.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 28 reported individuals · Filing year 2024

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

General Manager
Above 90th percentile
$588k
$623k
Base
$494k
Bonus
Other
$1k
Benefits
$45k
Ehs & Engineering Manager
Key Employee
75th to 90th percentile
$289k
$307k
Base
$172k
Bonus
$10k
Other
$68k
Benefits
$34k
Fuels Manager
Key Employee
Median to 75th percentile
$251k
$267k
Base
$195k
Bonus
$19k
Other
$9k
Benefits
$10k
Operations, Maintenance, & Engineering Manager
Operations Manager
Above 90th percentile
$237k
$251k
Base
$172k
Bonus
$17k
Other
$9k
Benefits
$33k
Chief Financial Officer
75th to 90th percentile
$213k
$226k
Base
$158k
Bonus
$14k
Other
$585
Benefits
$32k
Mechanic Crew a
Highest Compensated Employee
Median to 75th percentile
$196k
$208k
Base
$151k
Bonus
$3k
Other
Benefits
$33k
Mechanic Leadman
Highest Compensated Employee
Median to 75th percentile
$194k
$205k
Base
$147k
Bonus
$3k
Other
$4k
Benefits
$31k
Class a Mechanic
Highest Compensated Employee
Median to 75th percentile
$190k
$202k
Base
$137k
Bonus
$3k
Other
$400
Benefits
$33k
Control Room Operator Class a
Highest Compensated Employee
Median to 75th percentile
$185k
$197k
Base
$146k
Bonus
$3k
Other
$491
Benefits
$31k
Safety Training Supervisor
Highest Compensated Employee
Median to 75th percentile
$184k
$195k
Base
$115k
Bonus
$3k
Other
$49k
Benefits
$17k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Secretary/treasurer
Board Treasurer
75th to 90th percentile
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Assistant Secretary/treasurer
Board Treasurer
75th to 90th percentile
$14k
$14k
Director
Board Member
25th percentile to median
$14k
$14k
Director
Board Member
25th percentile to median
$14k
$14k
Vice President (acting President Nov-dec)
Board Vice President
25th percentile to median
$14k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$12k
$13k
President (jan-oct)
Board President
25th percentile to median
$12k
$12k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k

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.

Plus 2 unpaid individuals.

Up 23%
from 2023

From $478k in 2023 to $588k in 2024.

$478k
2023
$588k
2024
In today's dollarsEst.
Up 19% in real terms$522k to $623k

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

General Manager pay rose 23% from 2023 to 2024, while revenue fell 5%.

$478k in 2023 to $588k in 2024.
  • Key Employee pay fell 6% from 2023 to 2024.
  • Operations Manager pay rose 25% 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

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

RevenueExpenses
$185M
$185M
2023
$175.6M
$175.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SAN MIGUEL ELECTRIC COOPERATIVE INC

What does the General Manager of SAN MIGUEL ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of SAN MIGUEL ELECTRIC COOPERATIVE INC received $587,612 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at SAN MIGUEL ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at SAN MIGUEL ELECTRIC COOPERATIVE INC falls in the top 10%.

What are SAN MIGUEL ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, SAN MIGUEL ELECTRIC COOPERATIVE INC reported $175.6M in total revenue and $175.6M in total expenses on its IRS Form 990.

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