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Filing year 2024

SAND MOUNTAIN ELECTRIC COOPERATIVE

Rainsville, Alabama·EIN 63-0182345·501(c)(12)
Total revenue
$89.6M
Total assets
$125.5M
Total expenses
$86.5M
Reported officers
20
Mission

TO PROVIDE ELECTRIC SERVICE TO THE PEOPLE IN RURAL AREAS AT THE LOWEST COST POSSIBLE, CONSISTENT WITH SOUND BUSINESS PRACTICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2024

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

Former Ceo/general Manager
Former Officer/director/trustee
75th to 90th percentile
$385k
$409k
Base
$283k
Bonus
Other
Benefits
$26k
COO
Above 90th percentile
$384k
$408k
Base
$222k
Bonus
Other
Benefits
$26k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$217k
$230k
Base
$155k
Bonus
Other
Benefits
$26k
Manager of Member Services
Highest Compensated Employee
Median to 75th percentile
$207k
$219k
Base
$146k
Bonus
Other
Benefits
$26k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$205k
$218k
Base
$144k
Bonus
Other
Benefits
$26k
Cfo/manager of Finance
Officer (Unspecified)
$203k
$215k
Base
$161k
Bonus
Other
Benefits
$26k
Ceo/general Manager
Officer (Unspecified)
$190k
$201k
Base
$162k
Bonus
Other
Benefits
$2k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$170k
$180k
Base
$147k
Bonus
Other
Benefits
$2k
Superintendent of Operations
Highest Compensated Employee
Median to 75th percentile
$169k
$179k
Base
$150k
Bonus
Other
Benefits
$2k
Trustee
Board Member
Median to 75th percentile
$36k
$38k
Trustee
Board Member
Median to 75th percentile
$36k
$38k
Trustee
Board Member
Median to 75th percentile
$34k
$37k
Vice-president
Board President
Median to 75th percentile
$33k
$35k
Trustee
Board Member
Median to 75th percentile
$25k
$27k
Secretary/treasurer
Board Treasurer
75th to 90th percentile
$25k
$26k
Trustee
Board Member
Median to 75th percentile
$23k
$24k
President
Board President
Median to 75th percentile
$23k
$24k
Trustee
Board Member
Median to 75th percentile
$19k
$20k
Former Secretary/treasurer
Former Officer/director/trustee
10th to 25th percentile
$16k
$17k
Base
$16k
Bonus
Other
Benefits
Former Trustee
Board Member
25th percentile to median
$13k
$14k
Base
$13k
Bonus
Other
Benefits

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 1%
from 2023

From $380k in 2023 to $385k in 2024.

$380k
2023
$385k
2024
In today's dollarsEst.
Down 2% in real terms$415k to $409k

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

Former Officer/director/trustee pay rose 1609% from 2023 to 2024, while revenue rose 10%.

$23k in 2023 to $385k in 2024.
  • Chief Operating Officer pay rose 1% from 2023 to 2024.
  • Highest Compensated Employee pay fell 24% 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

SAND MOUNTAIN ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$81.1M
$81M
2023
$89.6M
$86.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SAND MOUNTAIN ELECTRIC COOPERATIVE

What does the Former Officer/director/trustee of SAND MOUNTAIN ELECTRIC COOPERATIVE earn?

In 2024, the Former Officer/director/trustee of SAND MOUNTAIN ELECTRIC COOPERATIVE received $385,146 in total compensation. This pay is in the top quarter for Former Officer/director/trustee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at SAND MOUNTAIN ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Former Officer/director/trustee at SAND MOUNTAIN ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles.

What are SAND MOUNTAIN ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, SAND MOUNTAIN ELECTRIC COOPERATIVE reported $89.6M in total revenue and $86.5M in total expenses on its IRS Form 990.

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