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Filing year 2024

TRI-COUNTY ELECTRIC COOPERATIVE INC

Hooker, Oklahoma·EIN 73-0539914·501(c)(12)
Total revenue
$103.8M
Total assets
$359.2M
Total expenses
$103.8M
Reported officers
21
Mission

THE COOPERATIVE IS DEDICATED TO PROVIDING MEMBERS WITH SAFE AND RELIABLE ELECTRICAL SERVICE AT THE LOWEST PRACTICAL PRICE. WE ARE PROUD TO BE OWNED AND CONTROLLED BY THOSE WE SERVE AND ARE COMMITTED TO ENHANCING THE QUALITY OF LIFE FOR ALL OF OUR MEMBER-OWNERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2024

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

Chief Executive Officer
Above 90th percentile
$417k
$442k
Base
$295k
Bonus
$400
Other
$35k
Benefits
$31k
Chief Operations Officer
Officer (Unspecified)
$309k
$328k
Base
$185k
Bonus
$7k
Other
$14k
Benefits
$31k
Assistant General Manager & Clo
General Manager
75th to 90th percentile
$288k
$305k
Base
$195k
Bonus
$7k
Other
$18k
Benefits
$17k
Vice President of Administrative Services
Board Vice President
75th to 90th percentile
$266k
$282k
Base
$180k
Bonus
$7k
Other
$20k
Benefits
$31k
Project Manager
Above 90th percentile
$230k
$244k
Base
$152k
Bonus
$6k
Other
$4k
Benefits
$16k
Vice President of Information Technology
Board Vice President
Median to 75th percentile
$212k
$225k
Base
$152k
Bonus
$5k
Other
Benefits
$30k
Senior Manager of Operations
Operations Manager
75th to 90th percentile
$209k
$222k
Base
$149k
Bonus
$400
Other
$12k
Benefits
$30k
Relay, Scada & Substation Manager
Highest Compensated Employee
Median to 75th percentile
$198k
$211k
Base
$138k
Bonus
$400
Other
$889
Benefits
$30k
Service Technician
Highest Compensated Employee
Median to 75th percentile
$196k
$208k
Base
$131k
Bonus
$400
Other
$5k
Benefits
$30k
Senior Manager of Engineering
Highest Compensated Employee
Median to 75th percentile
$184k
$195k
Base
$125k
Bonus
$400
Other
$5k
Benefits
$30k
Service Technician
Highest Compensated Employee
Median to 75th percentile
$181k
$192k
Base
$140k
Bonus
$400
Other
Benefits
$30k
Vice President of Finance & CFO
Median to 75th percentile
$167k
$177k
Base
$119k
Bonus
$400
Other
Benefits
$30k
Trustee
Board Member
Median to 75th percentile
$31k
$33k
Trustee
Board Member
Median to 75th percentile
$29k
$31k
Trustee
Board Member
Median to 75th percentile
$29k
$31k
President
10th to 25th percentile
$29k
$31k
Trustee
Board Member
Median to 75th percentile
$29k
$31k
Trustee
Board Member
Median to 75th percentile
$28k
$29k
Secretary
Officer (Unspecified)
$26k
$28k
Vice President
25th percentile to median
$25k
$27k
Trustee
Board Member
Median to 75th percentile
$23k
$25k

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 17%
from 2023

From $357k in 2023 to $417k in 2024.

$357k
2023
$417k
2024
In today's dollarsEst.
Up 13% in real terms$390k to $442k

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 17% from 2023 to 2024, while revenue fell 11%.

$357k in 2023 to $417k in 2024.
  • General Manager pay rose 15% from 2023 to 2024.
  • Board Vice President pay rose 17% 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
$116.4M
$116.4M
2023
$103.8M
$103.8M
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 $416,748 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 $103.8M in total revenue and $103.8M in total expenses on its IRS Form 990.

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