Sale and distribution of electric energy at the lowest possible price and in the most reliable manner
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $259k
- Bonus
- —
- Other
- —
- Benefits
- $8k
- Base
- $134k
- Bonus
- —
- Other
- —
- Benefits
- $25k
- Base
- $116k
- Bonus
- —
- Other
- —
- Benefits
- $18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $259k | — | — | $8k | $429k $457k |
Operations Manager 75th to 90th percentilevs all sectors nationwide | $134k | — | — | $25k | $199k $212k |
Line Superintendent Highest Compensated Employee Median to 75th percentile | $116k | — | — | $18k | $198k $211k |
Office Manager 75th to 90th percentilevs all sectors nationwide | — | — | — | — | $141k $151k |
Director - President Board President Median to 75th percentile | — | — | — | — | $21k $22k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Director - Vice President Board Vice President 10th to 25th percentile | — | — | — | — | $14k $14k |
Director Board Member 25th percentile to median | — | — | — | — | $13k $14k |
Director - Secretary Treasurer Board Member 25th percentile to median | — | — | — | — | $13k $14k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $11k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at SPRINGER ELECTRIC COOPERATIVE INC equaled 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 16%
from 2023
From $370k in 2023 to $429k in 2024.
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.
Chief Executive Officer pay rose 16% from 2023 to 2024, while revenue fell 1%.
- Operations Manager pay rose 19% from 2023 to 2024.
- Highest Compensated Employee pay rose 12% 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 SPRINGER ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of SPRINGER ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of SPRINGER ELECTRIC COOPERATIVE INC received $429,338 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 SPRINGER 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 SPRINGER ELECTRIC COOPERATIVE INC falls in the top 10%. In 2024, the highest total compensation at SPRINGER ELECTRIC COOPERATIVE INC equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are SPRINGER ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, SPRINGER ELECTRIC COOPERATIVE INC reported $20.3M in total revenue and $20.3M in total expenses on its IRS Form 990.
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