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Filing year 2024

SOUTHEAST COLORADO POWER ASSOCIATION

La Junta, Colorado·EIN 84-0147605·501(c)(12)
Total revenue
$39.1M
Total assets
$119.8M
Total expenses
$36.6M
Reported officers
14
Mission

OUR PRIMARY MISSION IS TO PROVIDE HIGH QUALITY, RELIABLE, ELECTRIC SERVICE AT A REASONABLE COST TO OUR MEMBERS, IMPROVE THEIR QUALITY OF LIFE THROUGH NEW TECHNOLOGIES AND SERVICES, BE A VISIBLE AND ACTIVE MEMBER OF THE COMMUNITY, AND SERVE OUR MEMBERS WITH RESPECT, COURTESY AND RESPONSIVENESS.

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.

Chief Executive Officer
Above 90th percentile
$321k
$342k
Base
$179k
Bonus
Other
$11k
Benefits
$33k
Line Superintendent
Highest Compensated Employee
75th to 90th percentile
$262k
$279k
Base
$160k
Bonus
Other
$3k
Benefits
$32k
Chief Operating Officer
75th to 90th percentile
$251k
$268k
Base
$186k
Bonus
Other
$2k
Benefits
$26k
Working Foreman
Highest Compensated Employee
Median to 75th percentile
$192k
$204k
Base
$132k
Bonus
Other
$12k
Benefits
$29k
Working Foreman
Highest Compensated Employee
Median to 75th percentile
$191k
$204k
Base
$135k
Bonus
Other
$11k
Benefits
$32k
Working Foreman
Highest Compensated Employee
Median to 75th percentile
$174k
$185k
Base
$146k
Bonus
Other
$9k
Benefits
$13k
Chief Financial Officer (beg May)
Median to 75th percentile
$109k
$116k
Director
Board Member
25th percentile to median
$9k
$10k
President
Below 10th percentile
$8k
$9k
Secretary
Officer (Unspecified)
$7k
$7k
Director
Board Member
25th percentile to median
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Vice President
10th to 25th percentile
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 7%
from 2023

From $301k in 2023 to $321k in 2024.

$301k
2023
$321k
2024
In today's dollarsEst.
Up 4% in real terms$330k to $342k

Estimated with BLS CPI-U for the West 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 7% from 2023 to 2024, while revenue rose 6%.

$301k in 2023 to $321k in 2024.
  • Highest Compensated Employee pay rose 13% from 2023 to 2024.
  • Chief Operating Officer pay rose 8% 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

SOUTHEAST COLORADO POWER ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$36.9M
$36M
2023
$39.1M
$36.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTHEAST COLORADO POWER ASSOCIATION

What does the Chief Executive Officer of SOUTHEAST COLORADO POWER ASSOCIATION earn?

In 2024, the Chief Executive Officer of SOUTHEAST COLORADO POWER ASSOCIATION received $320,815 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 SOUTHEAST COLORADO POWER ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SOUTHEAST COLORADO POWER ASSOCIATION falls in the top 10%.

What are SOUTHEAST COLORADO POWER ASSOCIATION's revenue and expenses?

In 2024, SOUTHEAST COLORADO POWER ASSOCIATION reported $39.1M in total revenue and $36.6M in total expenses on its IRS Form 990.

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