SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION (SOUTH RIVER) IS A PREMIER LOCALLY-OWNED AND OPERATED ELECTRIC COOPERATIVE WITH A MISSION TO PROVIDE SAFE, RELIABLE, COMPETITIVELY-PRICED ELECTRICITY. SOUTH RIVER IS COMMITTED TO ACHIEVING EXCELLENCE AND EMPOWERING ITS MEMBERS. SOUTH RIVER IS DEDICATED TO HIGH STANDARDS OF PERFORMANCE AND INTEGRITY. THE COOPERATIVE'S NUMBER ONE PRIORITY IS ITS MEMBERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $388k
- Bonus
- $6k
- Other
- $41k
- Benefits
- $47k
- Base
- $204k
- Bonus
- $3k
- Other
- $13k
- Benefits
- $39k
- Base
- $205k
- Bonus
- $3k
- Other
- $4k
- Benefits
- $24k
- Base
- $192k
- Bonus
- $3k
- Other
- $3k
- Benefits
- $38k
- Base
- $199k
- Bonus
- $2k
- Other
- $2k
- Benefits
- $38k
- Base
- $184k
- Bonus
- $3k
- Other
- $9k
- Benefits
- $34k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive VP Executive Vice President 75th to 90th percentile | $388k | $6k | $41k | $47k | $552k $585k |
CFO Above 90th percentile | $204k | $3k | $13k | $39k | $301k $319k |
VP of E&o Board Vice President 75th to 90th percentile | $205k | $3k | $4k | $24k | $278k $294k |
VP of Member Board Vice President 75th to 90th percentile | $192k | $3k | $3k | $38k | $274k $291k |
Supervisor L Highest Compensated Employee 75th to 90th percentile | $199k | $2k | $2k | $38k | $271k $288k |
VP - IT Board Vice President 75th to 90th percentile | $184k | $3k | $9k | $34k | $266k $282k |
President 10th to 25th percentile | — | — | — | — | $21k $22k |
Vice Preside Vice President 25th percentile to median | — | — | — | — | $19k $20k |
Director Board Member Median to 75th percentile | — | — | — | — | $19k $20k |
Treasurer Officer (Unspecified) | — | — | — | — | $19k $20k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Secretary Officer (Unspecified) | — | — | — | — | $18k $19k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Director Board Member 25th percentile to median | — | — | — | — | $13k $14k |
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 7%
from 2023
From $514k in 2023 to $552k in 2024.
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.
Executive Vice President pay rose 7% from 2023 to 2024, while revenue rose 3%.
- Chief Financial Officer pay rose 7% from 2023 to 2024.
- Board Vice President pay rose 6% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.
Common questions about SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION
What does the Executive Vice President of SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION earn?
In 2024, the Executive Vice President of SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION received $551,856 in total compensation. This pay is in the top quarter for Executive Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Executive Vice President pay at SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Executive Vice President at SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION falls between the 75th and 90th percentiles.
What are SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?
In 2024, SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION reported $113.2M in total revenue and $111.6M in total expenses on its IRS Form 990.
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