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Filing year 2024

UPSHUR-RURAL ELECTRIC COOPERATIVE CORPORATION

Gilmer, Texas·EIN 75-0628787·12
Total revenue
$110.6M
Total assets
$281.3M
Total expenses
$110.6M
Reported officers
18
Mission

URECC provides affordable, reliable electric energy consistent with sound economy, safety, and quality management to our members and the communities we serve.

Executive compensation, broken down

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

Chief Executive Officer
$401k
$425k
Base
$304k
Bonus
$10k
Other
Benefits
$18k
Chief Financial Officer
$233k
$247k
Base
$157k
Bonus
$21k
Other
Benefits
$18k
Chief Operating Officer
$228k
$242k
Base
$155k
Bonus
$15k
Other
Benefits
$18k
Chief Business Officer
officer (unspecified)
$228k
$242k
Base
$169k
Bonus
$7k
Other
Benefits
$12k
Substation Foreman
highest compensated employee
$210k
$223k
Base
$163k
Bonus
$4k
Other
Benefits
$18k
Crew Foreman
highest compensated employee
$201k
$213k
Base
$143k
Bonus
$11k
Other
Benefits
$22k
Serviceman
highest compensated employee
$200k
$213k
Base
$152k
Bonus
$6k
Other
Benefits
$18k
Crew Foreman
highest compensated employee
$196k
$208k
Base
$158k
Bonus
$3k
Other
Benefits
$14k
Serviceman
highest compensated employee
$187k
$199k
Base
$166k
Bonus
$1k
Other
Benefits
President, Board of Directors
board president
$26k
$27k
Assistant Secretary-treasurer, Board of Directors
officer (unspecified)
$24k
$26k
Director
board member
$24k
$25k
Vice-president, Board of Directors
board vice chair
$23k
$25k
Secretary-treasurer, Board of Directors
officer (unspecified)
$22k
$23k
Director
board member
$22k
$23k
Director
board member
$20k
$21k
Director
board member
$20k
$21k
Director
board member
$17k
$18k

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 3%
from 2023

From $388k in 2023 to $401k in 2024.

$388k
2023
$401k
2024
In today's dollarsEst.
Roughly flat in real terms$424k to $425k

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

UPSHUR-RURAL ELECTRIC COOPERATIVE CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$117.2M
$117.2M
2023
$110.6M
$110.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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