MEMBER FOCUSED. MEMBER DRIVEN. AS A NON-PROFIT ELECTRIC COOPERATIVE, WE ARE HERE TO SERVE THE MEMBERS OF THE COOPERATIVE WITH RELIABLE, QUALITY AND AFFORDABLE ELECTRIC SERVICE AND TO DO THAT WE ARE FOCUSED ON THEIR NEEDS AND DESIRES.
Executive compensation, broken down
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 Mutual & Membership Benefit organizations nationwide.
- Base
- $324k
- Bonus
- —
- Other
- $3k
- Benefits
- $40k
- Base
- $183k
- Bonus
- —
- Other
- $3k
- Benefits
- $38k
- Base
- $152k
- Bonus
- $600
- Other
- $1k
- Benefits
- $41k
- Base
- $163k
- Bonus
- —
- Other
- $7k
- Benefits
- $38k
- Base
- $158k
- Bonus
- —
- Other
- $601
- Benefits
- $42k
- Base
- $137k
- Bonus
- —
- Other
- $401
- Benefits
- $42k
- Base
- $135k
- Bonus
- $1k
- Other
- $5k
- Benefits
- $29k
- Base
- $132k
- Bonus
- —
- Other
- $2k
- Benefits
- $39k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $324k | — | $3k | $40k | $384k $413k |
VP of Operations & Engineering Board Vice President Above 90th percentile | $183k | — | $3k | $38k | $289k $311k |
Line Superintendent Highest Compensated Employee 75th to 90th percentile | $152k | $600 | $1k | $41k | $280k $301k |
VP of Information Technology Board Vice President 75th to 90th percentile | $163k | — | $7k | $38k | $227k $244k |
CFO 75th to 90th percentile | $158k | — | $601 | $42k | $216k $233k |
Line Superintendent Highest Compensated Employee Median to 75th percentile | $137k | — | $401 | $42k | $206k $222k |
Line Superintendent Highest Compensated Employee Median to 75th percentile | $135k | $1k | $5k | $29k | $184k $198k |
Line Superintendent Highest Compensated Employee Median to 75th percentile | $132k | — | $2k | $39k | $183k $196k |
Director Board Member 25th percentile to median | — | — | — | — | $17k $19k |
Secretary Officer (Unspecified) | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Vice President Median to 75th percentile | — | — | — | — | $14k $15k |
President 25th percentile to median | — | — | — | — | $13k $14k |
Director Board Member 25th percentile to median | — | — | — | — | $13k $13k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Treasurer Officer (Unspecified) | — | — | — | — | $11k $12k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at SOUTHEASTERN ELECTRIC COOPERATIVE INC equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 10%
from 2023
From $348k in 2023 to $384k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 112% from 2023 to 2024, while revenue rose 7%.
- Highest Compensated Employee pay rose 10% from 2023 to 2024.
- Chief Financial Officer pay rose 7% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SOUTHEASTERN ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of SOUTHEASTERN ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of SOUTHEASTERN ELECTRIC COOPERATIVE INC received $384,349 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SOUTHEASTERN ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at SOUTHEASTERN ELECTRIC COOPERATIVE INC falls in the top 10%. In 2024, the highest total compensation at SOUTHEASTERN ELECTRIC COOPERATIVE INC equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are SOUTHEASTERN ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, SOUTHEASTERN ELECTRIC COOPERATIVE INC reported $87.6M in total revenue and $87.6M in total expenses on its IRS Form 990.
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