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Filing year 2024

SANTEE ELECTRIC COOPERATIVE INC

Kingstree, South Carolina·EIN 57-0240935·501(c)(12)
Total revenue
$135.9M
Total assets
$282.8M
Total expenses
$135.9M
Reported officers
16
Mission

TO PROVIDE QUALITY SERVICE AND PRODUCTS TO MEET THE ENERGY NEEDS OF OUR MEMBERS AT A COMPETITIVE PRICE CONSISTENT WITH SOUND BUSINESS PRACTICES, WHILE ENHANCING THE QUALITY OF LIFE IN OUR SERVICE AREA THROUGH THE SUPPORT OF ECONOMIC, CIVIC AND EDUCATIONAL OPPORTUNITIES.

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.

President &
Above 90th percentile
$604k
$640k
Base
$380k
Bonus
$1k
Other
$28k
Benefits
$22k
Vice Preside
Vice President
Above 90th percentile
$354k
$376k
Base
$209k
Bonus
$1k
Other
$16k
Benefits
$34k
Vp-engineeri
Highest Compensated Employee
75th to 90th percentile
$336k
$356k
Base
$199k
Bonus
$1k
Other
$9k
Benefits
$32k
Vp-operation
Highest Compensated Employee
75th to 90th percentile
$291k
$308k
Base
$168k
Bonus
$1k
Other
$12k
Benefits
$32k
Crew Foreman
Highest Compensated Employee
75th to 90th percentile
$246k
$261k
Base
$158k
Bonus
$1k
Other
$5k
Benefits
$32k
Mgr. of Gis,
Highest Compensated Employee
75th to 90th percentile
$244k
$259k
Base
$141k
Bonus
$1k
Other
$4k
Benefits
$33k
Vp-public Af
Highest Compensated Employee
Median to 75th percentile
$196k
$208k
Base
$153k
Bonus
$1k
Other
$7k
Benefits
$32k
Chairman
Board Chair
Median to 75th percentile
$45k
$48k
Sec-treas
Officer (Unspecified)
$41k
$43k
Asst. Sec-tr
Board Member
Median to 75th percentile
$39k
$42k
Trustee
Board Member
Median to 75th percentile
$25k
$26k
Vice Chairma
Board Vice Chair
Median to 75th percentile
$23k
$25k
Trustee
Board Member
Median to 75th percentile
$23k
$24k
Second Vice
Officer (Unspecified)
$22k
$23k
Trustee
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
25th percentile to median
$11k
$12k

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 $574k in 2023 to $604k in 2024.

$574k
2023
$604k
2024
In today's dollarsEst.
Up 2% in real terms$627k to $640k

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 5% from 2023 to 2024, while revenue rose 2%.

$574k in 2023 to $604k in 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.
  • Board Chair pay rose 1% 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

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

RevenueExpenses
$133M
$133M
2023
$135.9M
$135.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SANTEE ELECTRIC COOPERATIVE INC

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

In 2024, the Chief Executive Officer of SANTEE ELECTRIC COOPERATIVE INC received $603,534 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 SANTEE 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 SANTEE ELECTRIC COOPERATIVE INC falls in the top 10%.

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

In 2024, SANTEE ELECTRIC COOPERATIVE INC reported $135.9M in total revenue and $135.9M in total expenses on its IRS Form 990.

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