Mission
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 · Schedule J · 28 reported individuals · Filing year 2024
$1.2M
$1.3M
- Base
- $848k
- Bonus
- $130k
- Other
- $99k
- Benefits
- $20k
$953k
$1M
- Base
- $549k
- Bonus
- $81k
- Other
- $233k
- Benefits
- $28k
Ccso
key employee
$801k
$850k
- Base
- $411k
- Bonus
- $71k
- Other
- $224k
- Benefits
- $20k
COO - Interim
$596k
$632k
- Base
- $361k
- Bonus
- $49k
- Other
- $47k
- Benefits
- $29k
VP - Fin & Admin Svc
vice president
$501k
$532k
- Base
- $305k
- Bonus
- $46k
- Other
- $59k
- Benefits
- $40k
VP Reliability & Operations
vice president
$488k
$517k
- Base
- $264k
- Bonus
- $45k
- Other
- $56k
- Benefits
- $34k
VP Corp Gen Counsel
vice president
$470k
$499k
- Base
- $323k
- Bonus
- $49k
- Other
- $26k
- Benefits
- $44k
Director of Technical Services
highest compensated employee
$403k
$427k
- Base
- $213k
- Bonus
- $32k
- Other
- $18k
- Benefits
- $14k
Distribution Superintendent
highest compensated employee
$342k
$363k
- Base
- $132k
- Bonus
- $37k
- Other
- $84k
- Benefits
- $31k
Director of System Operations
$338k
$359k
- Base
- $213k
- Bonus
- $32k
- Other
- $22k
- Benefits
- $18k
VP of Human Resources & Corp Svcs
vice president
$335k
$355k
- Base
- $230k
- Bonus
- $28k
- Other
- $21k
- Benefits
- $29k
Line Tech-1st Class
highest compensated employee
$319k
$338k
- Base
- $248k
- Bonus
- $17k
- Other
- $24k
- Benefits
- $12k
Mgr of Inf Tech
highest compensated employee
$304k
$323k
- Base
- $166k
- Bonus
- $31k
- Other
- $25k
- Benefits
- $23k
VP of Engineering
vice president
$290k
$308k
- Base
- $188k
- Bonus
- —
- Other
- $38k
- Benefits
- $8k
VP of Communications, Community & Member Exp
vice president
$274k
$291k
- Base
- $171k
- Bonus
- $9k
- Other
- $26k
- Benefits
- $14k
VP Cor Comm & Eng Sv
vice president
$272k
$289k
- Base
- $162k
- Bonus
- $35k
- Other
- $59k
- Benefits
- $6k
Former CEO
former officer/director/trustee
$139k
$148k
- Base
- —
- Bonus
- —
- Other
- $139k
- Benefits
- —
Trustee
board member
$46k
$49k
Trustee - President
board member
$43k
$46k
Trustee
board member
$39k
$41k
Trustee - Sec/treas
board member
$38k
$40k
Trustee
board member
$37k
$39k
Trustee
board member
$35k
$37k
Trustee - Vice Pres
board member
$31k
$33k
Trustee - Beg 3/24
board member
$29k
$30k
Trustee - Beg 4/24
board member
$25k
$26k
Trustee - Thru 2/24
board member
$5k
$5k
Trustee - Thru 1/24
board member
$751
$797
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $848k | $130k | $99k | $20k | $1.2M $1.3M |
COO | $549k | $81k | $233k | $28k | $953k $1M |
Ccso key employee | $411k | $71k | $224k | $20k | $801k $850k |
COO - Interim | $361k | $49k | $47k | $29k | $596k $632k |
VP - Fin & Admin Svc vice president | $305k | $46k | $59k | $40k | $501k $532k |
VP Reliability & Operations vice president | $264k | $45k | $56k | $34k | $488k $517k |
VP Corp Gen Counsel vice president | $323k | $49k | $26k | $44k | $470k $499k |
Director of Technical Services highest compensated employee | $213k | $32k | $18k | $14k | $403k $427k |
Distribution Superintendent highest compensated employee | $132k | $37k | $84k | $31k | $342k $363k |
Director of System Operations | $213k | $32k | $22k | $18k | $338k $359k |
VP of Human Resources & Corp Svcs vice president | $230k | $28k | $21k | $29k | $335k $355k |
Line Tech-1st Class highest compensated employee | $248k | $17k | $24k | $12k | $319k $338k |
Mgr of Inf Tech highest compensated employee | $166k | $31k | $25k | $23k | $304k $323k |
VP of Engineering vice president | $188k | — | $38k | $8k | $290k $308k |
VP of Communications, Community & Member Exp vice president | $171k | $9k | $26k | $14k | $274k $291k |
VP Cor Comm & Eng Sv vice president | $162k | $35k | $59k | $6k | $272k $289k |
Former CEO former officer/director/trustee | — | — | $139k | — | $139k $148k |
Trustee board member | — | — | — | — | $46k $49k |
Trustee - President board member | — | — | — | — | $43k $46k |
Trustee board member | — | — | — | — | $39k $41k |
Trustee - Sec/treas board member | — | — | — | — | $38k $40k |
Trustee board member | — | — | — | — | $37k $39k |
Trustee board member | — | — | — | — | $35k $37k |
Trustee - Vice Pres board member | — | — | — | — | $31k $33k |
Trustee - Beg 3/24 board member | — | — | — | — | $29k $30k |
Trustee - Beg 4/24 board member | — | — | — | — | $25k $26k |
Trustee - Thru 2/24 board member | — | — | — | — | $5k $5k |
Trustee - Thru 1/24 board member | — | — | — | — | $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.
$1.1M
2023
$1.2M
2024
$1.1M
2023
$1.2M
2024
In today's dollarsEst.
Up 7% in real terms$1.2M to $1.3M
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
SUMTER ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$483M
$472.5M
2023
$523.5M
$503.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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