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Filing year 2024

VERDIGRIS VALLEY ELECTRIC COOPERATIVE INC

Collinsville, Oklahoma·EIN 73-0495962·501(c)(12)
Total revenue
$93.6M
Total assets
$238.5M
Total expenses
$93.6M
Reported officers
20
Mission

TO PROVIDE RELIABLE ELECTRIC SERVICE TO THE MEMBERS/OWNERS AT A REASONABLE COST

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2024

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

General Mana
General Manager
Above 90th percentile
$485k
$514k
Base
$341k
Bonus
$300
Other
$14k
Benefits
$34k
COO / Cao
Above 90th percentile
$446k
$473k
Base
$302k
Bonus
$800
Other
$19k
Benefits
$33k
Exc Secr./me
Highest Compensated Employee
75th to 90th percentile
$363k
$385k
Base
$196k
Bonus
$500
Other
$3k
Benefits
$44k
Dir Operatio
Key Employee
75th to 90th percentile
$354k
$375k
Base
$196k
Bonus
$656
Other
$9k
Benefits
$44k
Assist to Co
Key Employee
75th to 90th percentile
$324k
$343k
Base
$195k
Bonus
$800
Other
$2k
Benefits
$32k
CFO
Above 90th percentile
$312k
$331k
Base
$167k
Bonus
$755
Other
$3k
Benefits
$44k
Engineer
Highest Compensated Employee
75th to 90th percentile
$310k
$329k
Base
$189k
Bonus
$663
Other
$5k
Benefits
$42k
Key Acct/gov
Highest Compensated Employee
75th to 90th percentile
$307k
$326k
Base
$258k
Bonus
$800
Other
$3k
Benefits
$41k
Lineman
Highest Compensated Employee
75th to 90th percentile
$303k
$321k
Base
$214k
Bonus
$750
Other
$3k
Benefits
$30k
Energy Audit
Highest Compensated Employee
75th to 90th percentile
$301k
$319k
Base
$195k
Bonus
$672
Other
$3k
Benefits
$32k
Trustee
Board Member
75th to 90th percentile
$53k
$56k
Trustee
Board Member
Median to 75th percentile
$43k
$46k
Treasurer
Officer (Unspecified)
$42k
$45k
Vice Preside
Vice President
Median to 75th percentile
$40k
$42k
Trustee
Board Member
Median to 75th percentile
$38k
$40k
Trustee
Board Member
Median to 75th percentile
$29k
$31k
President
10th to 25th percentile
$24k
$26k
Trustee
Board Member
Median to 75th percentile
$22k
$24k
Trustee
Board Member
25th percentile to median
$7k
$8k
Trustee
Board Member
Below 10th percentile
$600
$636

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 $467k in 2023 to $485k in 2024.

$467k
2023
$485k
2024
In today's dollarsEst.
Up 1% in real terms$510k to $514k

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 4% from 2023 to 2024, while revenue rose 9%.

$467k in 2023 to $485k in 2024.
  • Chief Operating Officer pay rose 6% from 2023 to 2024.
  • Highest Compensated Employee pay rose 16% 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

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

RevenueExpenses
$86.2M
$86.2M
2023
$93.6M
$93.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about VERDIGRIS VALLEY ELECTRIC COOPERATIVE INC

What does the General Manager of VERDIGRIS VALLEY ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of VERDIGRIS VALLEY ELECTRIC COOPERATIVE INC received $484,885 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 VERDIGRIS VALLEY 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 VERDIGRIS VALLEY ELECTRIC COOPERATIVE INC falls in the top 10%.

What are VERDIGRIS VALLEY ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, VERDIGRIS VALLEY ELECTRIC COOPERATIVE INC reported $93.6M in total revenue and $93.6M in total expenses on its IRS Form 990.

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