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Filing year 2024

SUSSEX RURAL ELECTRIC COOPERATIVE

Sussex, New Jersey·EIN 22-1317845·501(c)(12)
Total revenue
$28.1M
Total assets
$57.9M
Total expenses
$26.4M
Reported officers
16
Mission

TO PROVIDE ELECTRIC POWER TO MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$380k
$411k
Base
$273k
Bonus
Other
$5k
Benefits
$25k
Chief Lineman
Highest Compensated Employee
75th to 90th percentile
$275k
$297k
Base
$215k
Bonus
Other
Benefits
$25k
First Class Lineman
Highest Compensated Employee
75th to 90th percentile
$255k
$276k
Base
$211k
Bonus
Other
Benefits
$11k
First Class Lineman
Highest Compensated Employee
75th to 90th percentile
$251k
$272k
Base
$194k
Bonus
Other
Benefits
$25k
Director of Engineering an
Highest Compensated Employee
75th to 90th percentile
$248k
$268k
Base
$193k
Bonus
$6k
Other
Benefits
First Class Lineman
Highest Compensated Employee
75th to 90th percentile
$236k
$255k
Base
$194k
Bonus
Other
Benefits
$9k
Director of Finance
75th to 90th percentile
$222k
$240k
Base
$155k
Bonus
$6k
Other
Benefits
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$13k
$14k
Vice-chairman
Officer (Unspecified)
$12k
$13k
Secretary/treasurer
Officer (Unspecified)
$11k
$12k
Chairman
Board Chair
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$7k
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 2%
from 2023

From $372k in 2023 to $380k in 2024.

$372k
2023
$380k
2024
In today's dollarsEst.
Down 2% in real terms$417k to $411k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 10%.

$372k in 2023 to $380k in 2024.
  • Highest Compensated Employee pay rose 16% from 2023 to 2024.
  • Chief Financial Officer 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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SUSSEX RURAL ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$25.5M
$25.5M
2023
$28.1M
$26.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SUSSEX RURAL ELECTRIC COOPERATIVE

What does the Chief Executive Officer of SUSSEX RURAL ELECTRIC COOPERATIVE earn?

In 2024, the Chief Executive Officer of SUSSEX RURAL ELECTRIC COOPERATIVE received $379,696 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 SUSSEX RURAL ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SUSSEX RURAL ELECTRIC COOPERATIVE falls in the top 10%.

What are SUSSEX RURAL ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, SUSSEX RURAL ELECTRIC COOPERATIVE reported $28.1M in total revenue and $26.4M in total expenses on its IRS Form 990.

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