Skip to main content
Filing year 2024

South Alabama Electric Cooperative

Troy, Alabama·EIN 63-0193841·501(c)(12)
Total revenue
$59.3M
Total assets
$177.7M
Total expenses
$60.3M
Reported officers
14
Mission

The aim of South Alabama Electric Cooperative is to provide reliable, quality, electric energy and related services to meet the needs of our diverse consumer base at the lowest possible cost consistent with sound economy and good management.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 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
$387k
$410k
Base
$289k
Bonus
Other
$13k
Benefits
$26k
Employee
Highest Compensated Employee
75th to 90th percentile
$256k
$271k
Base
$190k
Bonus
Other
$4k
Benefits
$26k
Employee
Highest Compensated Employee
Median to 75th percentile
$209k
$221k
Base
$150k
Bonus
Other
$3k
Benefits
$25k
Employee
Highest Compensated Employee
Median to 75th percentile
$197k
$209k
Base
$142k
Bonus
Other
$444
Benefits
$25k
Employee
Highest Compensated Employee
Median to 75th percentile
$175k
$186k
Base
$130k
Bonus
Other
$715
Benefits
$25k
Employee
Highest Compensated Employee
Median to 75th percentile
$170k
$180k
Base
$124k
Bonus
Other
$682
Benefits
$25k
Trustee
Board Member
Median to 75th percentile
$36k
$38k
Trustee
Board Member
Median to 75th percentile
$33k
$35k
Trustee
Board Member
Median to 75th percentile
$32k
$34k
Trustee
Board Member
Median to 75th percentile
$31k
$33k
Trustee
Board Member
Median to 75th percentile
$29k
$30k
Trustee
Board Member
Median to 75th percentile
$26k
$28k
Trustee
Board Member
Median to 75th percentile
$21k
$22k
Trustee
Board Member
Median to 75th percentile
$21k
$22k

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 $383k in 2023 to $387k in 2024.

$383k
2023
$387k
2024
In today's dollarsEst.
Down 2% in real terms$418k to $410k

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 1% from 2023 to 2024, while revenue rose 6%.

$383k in 2023 to $387k in 2024.
  • Highest Compensated Employee pay held roughly steady from 2023 to 2024.
  • Board Member pay rose 5% 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

South Alabama Electric Cooperative reported revenue and expenses across 2 filing years.

RevenueExpenses
$55.7M
$58.7M
2023
$59.3M
$60.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about South Alabama Electric Cooperative

What does the General Manager of South Alabama Electric Cooperative earn?

In 2024, the General Manager of South Alabama Electric Cooperative received $386,796 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 South Alabama Electric Cooperative compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at South Alabama Electric Cooperative falls in the top 10%.

What are South Alabama Electric Cooperative's revenue and expenses?

In 2024, South Alabama Electric Cooperative reported $59.3M in total revenue and $60.3M in total expenses on its IRS Form 990.

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.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.