AS A NOT-FOR-PROFIT COOPERATIVE, SECO ENERGY PROVIDES RELIABLE AND INNOVATIVE ENERGY SERVICES TO OUR MEMBERS AND COMMUNITIES.
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 nonprofits nationwide, across all sectors.
- Base
- $848k
- Bonus
- $130k
- Other
- $99k
- Benefits
- $20k
- Base
- $549k
- Bonus
- $81k
- Other
- $233k
- Benefits
- $28k
- Base
- $411k
- Bonus
- $71k
- Other
- $224k
- Benefits
- $20k
- Base
- $361k
- Bonus
- $49k
- Other
- $47k
- Benefits
- $29k
- Base
- $305k
- Bonus
- $46k
- Other
- $59k
- Benefits
- $40k
- Base
- $264k
- Bonus
- $45k
- Other
- $56k
- Benefits
- $34k
- Base
- $323k
- Bonus
- $49k
- Other
- $26k
- Benefits
- $44k
- Base
- $213k
- Bonus
- $32k
- Other
- $18k
- Benefits
- $14k
- Base
- $132k
- Bonus
- $37k
- Other
- $84k
- Benefits
- $31k
- Base
- $213k
- Bonus
- $32k
- Other
- $22k
- Benefits
- $18k
- Base
- $230k
- Bonus
- $28k
- Other
- $21k
- Benefits
- $29k
- Base
- $248k
- Bonus
- $17k
- Other
- $24k
- Benefits
- $12k
- Base
- $166k
- Bonus
- $31k
- Other
- $25k
- Benefits
- $23k
- Base
- $188k
- Bonus
- —
- Other
- $38k
- Benefits
- $8k
- Base
- $171k
- Bonus
- $9k
- Other
- $26k
- Benefits
- $14k
- Base
- $162k
- Bonus
- $35k
- Other
- $59k
- Benefits
- $6k
- Base
- —
- Bonus
- —
- Other
- $139k
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $848k | $130k | $99k | $20k | $1.2M $1.3M |
COO Above 90th percentile | $549k | $81k | $233k | $28k | $953k $1M |
Ccso Key Employee Above 90th percentile | $411k | $71k | $224k | $20k | $801k $850k |
COO - Interim Above 90th percentile | $361k | $49k | $47k | $29k | $596k $632k |
VP - Fin & Admin Svc Board Vice President Above 90th percentile | $305k | $46k | $59k | $40k | $501k $532k |
VP Reliability & Operations Board Vice President Above 90th percentile | $264k | $45k | $56k | $34k | $488k $517k |
VP Corp Gen Counsel Board Vice President Above 90th percentile | $323k | $49k | $26k | $44k | $470k $499k |
Director of Technical Services Highest Compensated Employee Above 90th percentile | $213k | $32k | $18k | $14k | $403k $427k |
Distribution Superintendent Highest Compensated Employee 75th to 90th percentile | $132k | $37k | $84k | $31k | $342k $363k |
Director of System Operations Above 90th percentile | $213k | $32k | $22k | $18k | $338k $359k |
VP of Human Resources & Corp Svcs Board Vice President Above 90th percentile | $230k | $28k | $21k | $29k | $335k $355k |
Line Tech-1st Class Highest Compensated Employee 75th to 90th percentile | $248k | $17k | $24k | $12k | $319k $338k |
Mgr of Inf Tech Highest Compensated Employee 75th to 90th percentile | $166k | $31k | $25k | $23k | $304k $323k |
VP of Engineering Board Vice President 75th to 90th percentile | $188k | — | $38k | $8k | $290k $308k |
VP of Communications, Community & Member Exp Board Vice President 75th to 90th percentile | $171k | $9k | $26k | $14k | $274k $291k |
VP Cor Comm & Eng Sv Board Vice President 75th to 90th percentile | $162k | $35k | $59k | $6k | $272k $289k |
Former CEO Former Officer/director/trustee Median to 75th percentile | — | — | $139k | — | $139k $148k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $46k $49k |
Trustee - President Board Member Median to 75th percentile | — | — | — | — | $43k $46k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $39k $41k |
Trustee - Sec/treas Board Member Median to 75th percentile | — | — | — | — | $38k $40k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $37k $39k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $35k $37k |
Trustee - Vice Pres Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Trustee - Beg 3/24 Board Member Median to 75th percentile | — | — | — | — | $29k $30k |
Trustee - Beg 4/24 Board Member Median to 75th percentile | — | — | — | — | $25k $26k |
Trustee - Thru 2/24 Board Member 25th percentile to median | — | — | — | — | $5k $5k |
Trustee - Thru 1/24 Board Member Below 10th percentile | — | — | — | — | $751 $797 |
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 10%
from 2023
From $1.1M in 2023 to $1.2M in 2024.
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.
Chief Executive Officer pay rose 38% from 2023 to 2024, while revenue rose 8%.
- Chief Operating Officer pay fell 15% from 2023 to 2024.
- Key Employee pay rose 31% 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
SUMTER ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about SUMTER ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of SUMTER ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of SUMTER ELECTRIC COOPERATIVE INC received $1,233,900 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 SUMTER 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 SUMTER ELECTRIC COOPERATIVE INC falls in the top 10%.
What are SUMTER ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, SUMTER ELECTRIC COOPERATIVE INC reported $523.5M in total revenue and $503.4M in total expenses on its IRS Form 990.
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