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Filing year 2024

TRI-COUNTY ELECTRIC COOPERATIVE INC

St Matthews, South Carolina·EIN 57-0263136·501(c)(12)
Total revenue
$60.5M
Total assets
$178.7M
Total expenses
$58.2M
Reported officers
15
Mission

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

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$391k
$415k
Base
$255k
Bonus
$1k
Other
$3k
Benefits
$25k
COO
Above 90th percentile
$363k
$385k
Base
$180k
Bonus
$1k
Other
$9k
Benefits
$98k
VP of Financ
Board Vice President
75th to 90th percentile
$250k
$265k
Base
$162k
Bonus
$1k
Other
$6k
Benefits
$13k
VP Tech/tric
Board Vice President
Median to 75th percentile
$207k
$219k
Base
$129k
Bonus
$1k
Other
$10k
Benefits
$13k
Contract Sup
Highest Compensated Employee
Median to 75th percentile
$180k
$190k
Base
$116k
Bonus
$2k
Other
$1k
Benefits
$24k
Crew Leader
Highest Compensated Employee
Median to 75th percentile
$173k
$184k
Base
$111k
Bonus
$2k
Other
$290
Benefits
$24k
President
10th to 25th percentile
$19k
$21k
Trustee
Board Member
Median to 75th percentile
$19k
$20k
Vice Preside
Vice President
25th percentile to median
$19k
$20k
Trustee
Board Member
Median to 75th percentile
$19k
$20k
Trustee
Board Member
Median to 75th percentile
$19k
$20k
Secretary
Officer (Unspecified)
$19k
$20k
Trustee
Board Member
Median to 75th percentile
$19k
$20k
Trustee
Board Member
Median to 75th percentile
$19k
$20k
Treasurer
Officer (Unspecified)
$18k
$19k

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 4%
from 2023

From $375k in 2023 to $391k in 2024.

$375k
2023
$391k
2024
In today's dollarsEst.
Up 1% in real terms$409k to $415k

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

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 14%.

$375k in 2023 to $391k in 2024.
  • Chief Operating Officer pay rose 31% from 2023 to 2024.
  • Highest Compensated Employee pay rose 9% 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

TRI-COUNTY ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$53.1M
$51.9M
2023
$60.5M
$58.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TRI-COUNTY ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of TRI-COUNTY ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of TRI-COUNTY ELECTRIC COOPERATIVE INC received $391,091 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 TRI-COUNTY 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 TRI-COUNTY ELECTRIC COOPERATIVE INC falls in the top 10%.

What are TRI-COUNTY ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, TRI-COUNTY ELECTRIC COOPERATIVE INC reported $60.5M in total revenue and $58.2M in total expenses on its IRS Form 990.

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