THE CORPORATE PURPOSE AND GOAL IS, IN ACCORDANCE WITH AND THROUGH THE AUTHORITY GRANTED BY THE LAWS OF THE STATE OF ILLINOIS AND THE COOPERATIVE'S ARTICLES OF INCORPORATION AND BYLAWS, TO PROVIDE ENERGY AND OTHER SERVICES TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH PRUDENT UTILITY PRACTICES.
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.
- Base
- $291k
- Bonus
- —
- Other
- $2k
- Benefits
- $25k
- Base
- $189k
- Bonus
- —
- Other
- $2k
- Benefits
- $25k
- Base
- $183k
- Bonus
- —
- Other
- $228
- Benefits
- $23k
- Base
- $180k
- Bonus
- —
- Other
- $3k
- Benefits
- $25k
- Base
- $178k
- Bonus
- —
- Other
- $205
- Benefits
- $13k
- Base
- $183k
- Bonus
- —
- Other
- $126
- Benefits
- $13k
- Base
- $176k
- Bonus
- —
- Other
- $170
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $291k | — | $2k | $25k | $379k $400k |
COO 75th to 90th percentile | $189k | — | $2k | $25k | $240k $254k |
Maintenance Foreman Highest Compensated Employee Median to 75th percentile | $183k | — | $228 | $23k | $219k $231k |
VP of Engineering Board Vice President 75th to 90th percentile | $180k | — | $3k | $25k | $218k $231k |
Construction Foreman Highest Compensated Employee Median to 75th percentile | $178k | — | $205 | $13k | $208k $220k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $183k | — | $126 | $13k | $200k $211k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $176k | — | $170 | $13k | $195k $206k |
CFO Median to 75th percentile | — | — | — | — | $120k $127k |
Director Board Member Median to 75th percentile | — | — | — | — | $26k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $26k $27k |
President 10th to 25th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Secretary Officer (Unspecified) | — | — | — | — | $25k $26k |
Vice President 25th percentile to median | — | — | — | — | $25k $26k |
Treasurer Officer (Unspecified) | — | — | — | — | $25k $26k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $26k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Held steady
from 2023
From $377k in 2023 to $379k in 2024.
Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 11%.
- Chief Operating Officer pay fell 18% from 2023 to 2024.
- Highest Compensated Employee pay fell 17% 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
SOUTHWESTERN ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about SOUTHWESTERN ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of SOUTHWESTERN ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of SOUTHWESTERN ELECTRIC COOPERATIVE INC received $378,539 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 SOUTHWESTERN 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 SOUTHWESTERN ELECTRIC COOPERATIVE INC falls in the top 10%.
What are SOUTHWESTERN ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, SOUTHWESTERN ELECTRIC COOPERATIVE INC reported $69.8M in total revenue and $68.8M in total expenses on its IRS Form 990.
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