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Filing year 2024

TALQUIN ELECTRIC COOPERATIVE INC

Quincy, Florida·EIN 59-0474475·501(c)(12)
Total revenue
$146.9M
Total assets
$371.8M
Total expenses
$137.9M
Reported officers
17
Mission

TO PROVIDE ELECTRIC SERVICE TO MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

General Manager
Above 90th percentile
$646k
$685k
Base
$404k
Bonus
$3k
Other
$63k
Benefits
$38k
Director of Administration
Highest Compensated Employee
Above 90th percentile
$466k
$494k
Base
$185k
Bonus
$2k
Other
$42k
Benefits
$35k
Director of Finance
Above 90th percentile
$352k
$374k
Base
$201k
Bonus
$6k
Other
$44k
Benefits
$36k
Director of Engineering and Operation
Highest Compensated Employee
75th to 90th percentile
$300k
$318k
Base
$195k
Bonus
$2k
Other
$43k
Benefits
$4k
Director of Information Technology and Communicati
Chief Information Officer
75th to 90th percentile
$293k
$310k
Base
$181k
Bonus
$2k
Other
$39k
Benefits
$3k
Director of Water Services
Key Employee
75th to 90th percentile
$286k
$303k
Base
$190k
Bonus
$2k
Other
$20k
Benefits
$36k
Director of Member Services
Highest Compensated Employee
75th to 90th percentile
$282k
$299k
Base
$179k
Bonus
$2k
Other
$36k
Benefits
$25k
Manager of Info Svs
Highest Compensated Employee
75th to 90th percentile
$249k
$264k
Base
$147k
Bonus
$1k
Other
$20k
Benefits
$25k
Trustee Board President
Board President
Median to 75th percentile
$30k
$31k
Trustee
Board Member
Median to 75th percentile
$23k
$24k
Secretary/ Treasurer
Officer (Unspecified)
$22k
$23k
Trustee
Board Member
Median to 75th percentile
$21k
$22k
Trustee
Board Member
Median to 75th percentile
$18k
$19k
Trustee
Board Member
Median to 75th percentile
$17k
$18k
Vice President
25th percentile to median
$17k
$18k
Trustee
Board Member
25th percentile to median
$15k
$16k
Trustee
Board Member
25th percentile to median
$15k
$15k

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 7%
from 2023

From $603k in 2023 to $646k in 2024.

$603k
2023
$646k
2024
In today's dollarsEst.
Up 4% in real terms$659k to $685k

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.

Pay for the position

General Manager pay rose 7% from 2023 to 2024, while revenue rose 7%.

$603k in 2023 to $646k in 2024.
  • Highest Compensated Employee pay rose 7% 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

TALQUIN ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$137M
$132.4M
2023
$146.9M
$137.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TALQUIN ELECTRIC COOPERATIVE INC

What does the General Manager of TALQUIN ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of TALQUIN ELECTRIC COOPERATIVE INC received $646,065 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at TALQUIN ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at TALQUIN ELECTRIC COOPERATIVE INC falls in the top 10%.

What are TALQUIN ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, TALQUIN ELECTRIC COOPERATIVE INC reported $146.9M in total revenue and $137.9M in total expenses on its IRS Form 990.

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