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Filing year 2024

SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION

Covington, Georgia·EIN 58-0433463·501(c)(12)
Total revenue
$262M
Total assets
$357.2M
Total expenses
$262M
Reported officers
17
Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Executive compensation

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

COO
25th percentile to median
$120k
$127k
Exec. VP - E
Board Vice President
25th percentile to median
$119k
$127k
CFO
Median to 75th percentile
$119k
$127k
President &
25th percentile to median
$56k
$60k
Director
Board Member
Median to 75th percentile
$49k
$52k
Chairman
Board Chair
Median to 75th percentile
$48k
$51k
Svp-line Svc
Highest Compensated Employee
Below 10th percentile
$44k
$47k
Sec.- Treasu
Officer (Unspecified)
$43k
$46k
Vp-eng. & De
Highest Compensated Employee
Below 10th percentile
$41k
$44k
Director
Board Member
Median to 75th percentile
$39k
$41k
Director
Board Member
Median to 75th percentile
$37k
$40k
Director
Board Member
Median to 75th percentile
$37k
$39k
Director
Board Member
Median to 75th percentile
$33k
$35k
Director
Board Member
Median to 75th percentile
$33k
$35k
Asst Sec.-tr
Officer (Unspecified)
$24k
$25k
Director
Board Member
Median to 75th percentile
$22k
$24k
Vice Chairma
Board Vice Chair
Median to 75th percentile
$22k
$24k

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.

Down 50%
from 2023

From $239k in 2023 to $120k in 2024.

$239k
2023
$120k
2024
In today's dollarsEst.
Down 51% in real terms$261k to $127k

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 Operating Officer pay rose 20% from 2023 to 2024, while revenue rose 11%.

$100k in 2023 to $120k in 2024.
  • Chief Financial Officer pay rose 31% from 2023 to 2024.
  • Chief Executive Officer pay fell 76% 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

SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$237M
$237M
2023
$262M
$262M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION

What does the Chief Operating Officer of SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION earn?

In 2024, the Chief Operating Officer of SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION received $119,875 in total compensation. This pay is below the median (the midpoint) for Chief Operating Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Operating Officer at SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION falls between the 25th percentile and the median.

What are SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?

In 2024, SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION reported $262M in total revenue and $262M in total expenses on its IRS Form 990.

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