SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF SOUTHERN MARYLAND ELECTRIC COOPERATIVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 28 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $571k
- Bonus
- $50k
- Other
- $347k
- Benefits
- $28k
- Base
- $369k
- Bonus
- $21k
- Other
- $49k
- Benefits
- $24k
- Base
- $383k
- Bonus
- $26k
- Other
- $48k
- Benefits
- $10k
- Base
- $332k
- Bonus
- $26k
- Other
- $57k
- Benefits
- $21k
- Base
- $332k
- Bonus
- $19k
- Other
- $49k
- Benefits
- $24k
- Base
- $332k
- Bonus
- $18k
- Other
- $32k
- Benefits
- $2k
- Base
- $320k
- Bonus
- $25k
- Other
- $6k
- Benefits
- $26k
- Base
- $243k
- Bonus
- $17k
- Other
- $16k
- Benefits
- $21k
- Base
- $235k
- Bonus
- $13k
- Other
- $18k
- Benefits
- $3k
- Base
- $112k
- Bonus
- $2k
- Other
- $132k
- Benefits
- $25k
- Base
- $220k
- Bonus
- $12k
- Other
- $22k
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & Above 90th percentile | $571k | $50k | $347k | $28k | $1.1M $1.1M |
Sr VP & CIO Chief Information Officer Above 90th percentile | $369k | $21k | $49k | $24k | $537k $570k |
Sr VP & Coun Vice President Above 90th percentile | $383k | $26k | $48k | $10k | $535k $568k |
Sr VP & CFO Above 90th percentile | $332k | $26k | $57k | $21k | $495k $526k |
Sr VP & COO Above 90th percentile | $332k | $19k | $49k | $24k | $495k $525k |
Sr VP & Chro Vice President Above 90th percentile | $332k | $18k | $32k | $2k | $436k $462k |
VP Legal Aff Board Vice President Above 90th percentile | $320k | $25k | $6k | $26k | $401k $426k |
VP Rates & E Board Vice President 75th to 90th percentile | $243k | $17k | $16k | $21k | $337k $358k |
VP Transm E& Board Vice President 75th to 90th percentile | $235k | $13k | $18k | $3k | $310k $329k |
Serviceman Highest Compensated Employee 75th to 90th percentile | $112k | $2k | $132k | $25k | $303k $321k |
VP Govt. & P Board Vice President 75th to 90th percentile | $220k | $12k | $22k | $2k | $300k $318k |
Chairman Board Chair Median to 75th percentile | — | — | — | — | $42k $45k |
Director Board Member Median to 75th percentile | — | — | — | — | $38k $40k |
Sec. / Treas Officer (Unspecified) | — | — | — | — | $34k $37k |
Director Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Director Board Member Median to 75th percentile | — | — | — | — | $33k $35k |
Director Board Member Median to 75th percentile | — | — | — | — | $32k $34k |
Director Board Member Median to 75th percentile | — | — | — | — | $32k $34k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Asst. Sec. / Officer (Unspecified) | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Vice Chairma Board Vice Chair Median to 75th percentilevs all sectors nationwide | — | — | — | — | $30k $32k |
Director Board Member Median to 75th percentile | — | — | — | — | $29k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
Fmr Asst. Se Officer (Unspecified) | — | — | — | — | $21k $22k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $8k |
Fmr Director Board Member 25th percentile to median | — | — | — | — | $6k $7k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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 SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC equaled 0.2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 22%
from 2023
From $884k in 2023 to $1.1M in 2024.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 22% from 2023 to 2024, while revenue rose 13%.
- Chief Information Officer pay fell 4% from 2023 to 2024.
- Vice President pay fell 14% 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 SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC received $1,082,379 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal 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 SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC falls in the top 10%. In 2024, the highest total compensation at SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC equaled 0.2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC reported $542.5M in total revenue and $531.3M in total expenses on its IRS Form 990.
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