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Filing year 2024

SUMTER ELECTRIC MEMBERSHIP CORP

Americus, Georgia·EIN 58-0452284·12
Total revenue
$57M
Total assets
$173.2M
Total expenses
$57M
Reported officers
18
Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$459k
$486k
Sr. Vp. Oper
vice president
$354k
$376k
VP Finance &
vice president
$281k
$299k
VP Admin & M
vice president
$271k
$287k
VP Engineeri
vice president
$269k
$286k
Ops & Maint
highest compensated employee
$173k
$184k
President Em
former officer/director/trustee
$149k
$158k
Director
board member
$37k
$39k
Director
board member
$37k
$39k
Chairman
board chair
$36k
$38k
Vice Chairma
board vice chair
$36k
$38k
Director
board member
$36k
$38k
Sec-treasure
officer (unspecified)
$36k
$38k
Director
board member
$35k
$37k
Director
board member
$34k
$36k
Asst Secreta
officer (unspecified)
$30k
$32k
Director
board member
$29k
$30k
Director
board member
$28k
$30k

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 6%
from 2023

From $434k in 2023 to $459k in 2024.

$434k
2023
$459k
2024
In today's dollarsEst.
Up 3% in real terms$474k to $486k

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 MEMBERSHIP CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$53.4M
$53.4M
2023
$57M
$57M
2024
Total revenue and total expenses from IRS Form 990 filings.
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