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Filing year 2024

Southern Pine Electric Cooperative Inc

Brewton, Alabama·EIN 63-0196775·501(c)(12)
Total revenue
$62.5M
Total assets
$118.1M
Total expenses
$62.5M
Reported officers
17
Mission

Southern Pine Electric Cooperative is a nonprofit organization that exists to provide reliable electric service to its members at the lowest possible cost.

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 nonprofits nationwide, across all sectors.

Chief Executive Officer
Above 90th percentile
$334k
$354k
Base
$250k
Bonus
Other
Benefits
$25k
Superintendent of Operations
Key Employee
Median to 75th percentile
$243k
$258k
Base
$177k
Bonus
Other
Benefits
$25k
Chief Financial Officer
75th to 90th percentile
$226k
$240k
Base
$165k
Bonus
Other
Benefits
$25k
District Foreman
Highest Compensated Employee
Median to 75th percentile
$207k
$219k
Base
$154k
Bonus
Other
Benefits
$25k
District Foreman
Highest Compensated Employee
Median to 75th percentile
$203k
$215k
Base
$154k
Bonus
Other
Benefits
$25k
Lineman I
Highest Compensated Employee
Median to 75th percentile
$195k
$207k
Base
$150k
Bonus
Other
Benefits
$25k
Construction Foreman
Highest Compensated Employee
Median to 75th percentile
$192k
$204k
Base
$140k
Bonus
Other
Benefits
$25k
Lineman I
Highest Compensated Employee
Median to 75th percentile
$187k
$198k
Base
$141k
Bonus
Other
Benefits
$25k
Trustee
Board Member
Median to 75th percentile
$37k
$40k
Trustee
Board Member
Median to 75th percentile
$37k
$40k
Trustee
Board Member
Median to 75th percentile
$36k
$38k
Trustee
Board Member
Median to 75th percentile
$36k
$38k
Trustee
Board Member
Median to 75th percentile
$35k
$38k
Trustee
Board Member
Median to 75th percentile
$35k
$37k
Trustee
Board Member
Median to 75th percentile
$19k
$20k
Trustee
Board Member
25th percentile to median
$11k
$12k
Trustee
Board Member
25th percentile to median
$9k
$9k

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 3%
from 2023

From $323k in 2023 to $334k in 2024.

$323k
2023
$334k
2024
In today's dollarsEst.
Roughly flat in real terms$353k to $354k

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.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 4%.

$323k in 2023 to $334k in 2024.
  • Key Employee pay rose 3% from 2023 to 2024.
  • Chief Financial Officer pay rose 11% 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

Southern Pine Electric Cooperative Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$60.3M
$60.3M
2023
$62.5M
$62.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Southern Pine Electric Cooperative Inc

What does the Chief Executive Officer of Southern Pine Electric Cooperative Inc earn?

In 2024, the Chief Executive Officer of Southern Pine Electric Cooperative Inc received $333,802 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 Southern Pine Electric Cooperative Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Southern Pine Electric Cooperative Inc falls in the top 10%.

What are Southern Pine Electric Cooperative Inc's revenue and expenses?

In 2024, Southern Pine Electric Cooperative Inc reported $62.5M in total revenue and $62.5M in total expenses on its IRS Form 990.

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