Mission
PROVIDE ELECTRICITY TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 71,212 CONSUMERS MONTHLY.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
President & CEO
$388k
$412k
- Base
- $304k
- Bonus
- —
- Other
- —
- Benefits
- $14k
Director of Engineering
highest compensated employee
$217k
$230k
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- $17k
Construction Crew Foreman
highest compensated employee
$214k
$227k
- Base
- $180k
- Bonus
- —
- Other
- —
- Benefits
- $6k
Chief Membership Officer
officer (unspecified)
$204k
$216k
- Base
- $142k
- Bonus
- —
- Other
- —
- Benefits
- $17k
Chief Legal Officer
officer (unspecified)
$198k
$210k
- Base
- $191k
- Bonus
- —
- Other
- —
- Benefits
- $4k
Regional Construction Manager
highest compensated employee
$194k
$206k
- Base
- $146k
- Bonus
- —
- Other
- —
- Benefits
- $12k
Construction Manager
highest compensated employee
$192k
$204k
- Base
- $146k
- Bonus
- —
- Other
- —
- Benefits
- $7k
Director of Operations
$173k
$184k
- Base
- $151k
- Bonus
- —
- Other
- —
- Benefits
- $19k
$142k
$151k
Chairperson
board chair
$30k
$32k
Sec/treasurer
officer (unspecified)
$28k
$30k
Vice Chairperson
board vice chair
$26k
$28k
Director
board member
$26k
$27k
Director
board member
$20k
$21k
Director
board member
$18k
$20k
Director
board member
$18k
$19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $304k | — | — | $14k | $388k $412k |
Director of Engineering highest compensated employee | $153k | — | — | $17k | $217k $230k |
Construction Crew Foreman highest compensated employee | $180k | — | — | $6k | $214k $227k |
Chief Membership Officer officer (unspecified) | $142k | — | — | $17k | $204k $216k |
Chief Legal Officer officer (unspecified) | $191k | — | — | $4k | $198k $210k |
Regional Construction Manager highest compensated employee | $146k | — | — | $12k | $194k $206k |
Construction Manager highest compensated employee | $146k | — | — | $7k | $192k $204k |
Director of Operations | $151k | — | — | $19k | $173k $184k |
CFO | — | — | — | — | $142k $151k |
Chairperson board chair | — | — | — | — | $30k $32k |
Sec/treasurer officer (unspecified) | — | — | — | — | $28k $30k |
Vice Chairperson board vice chair | — | — | — | — | $26k $28k |
Director board member | — | — | — | — | $26k $27k |
Director board member | — | — | — | — | $20k $21k |
Director board member | — | — | — | — | $18k $20k |
Director board member | — | — | — | — | $18k $19k |
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.
Held steady
from 2023
From $386k in 2023 to $388k in 2024.
$386k
2023
$388k
2024
$386k
2023
$388k
2024
In today's dollarsEst.
Down 2% in real terms$421k to $412k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
SOUTH KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION reported revenue and expenses across 2 filing years.
RevenueExpenses
$153.5M
$153.5M
2023
$156.5M
$156.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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