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Filing year 2023

WARREN RURAL ELECTRIC COOPERATIVE CORPORATION

Bowling Green, Kentucky·EIN 61-0375145·501(c)(12)
Total revenue
$241.4M
Total assets
$373.3M
Total expenses
$233.9M
Reported officers
17
Mission

AS A MEMBER-OWNED COOPERATIVE, WARREN RECC WILL STRIVE TO MEET THE NEEDS OF ITS MEMBERS, CUSTOMERS, AND COMMUNITIES FOR UP-TO-DATE, RELIABLE, AND COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentile
$385k
$421k
Base
$276k
Bonus
$13k
Other
$2k
Benefits
$11k
VP of Engineering & Operations
Vice President
75th to 90th percentile
$240k
$262k
Base
$186k
Bonus
$9k
Other
$4k
Benefits
$10k
VP of Member Service & IT
Vice President
75th to 90th percentile
$237k
$259k
Base
$158k
Bonus
$8k
Other
$1k
Benefits
$23k
Sr. Manager of Engineering
Highest Compensated Employee
Median to 75th percentile
$226k
$247k
Base
$149k
Bonus
$7k
Other
$426
Benefits
$23k
Fomer Sr. Manager of Operations
Operations Manager
75th to 90th percentile
$220k
$240k
Base
$147k
Bonus
$7k
Other
$3k
Benefits
$20k
VP of Administrative Services
Vice President
75th to 90th percentile
$217k
$237k
Base
$142k
Bonus
$7k
Other
$406
Benefits
$23k
Manager of IT
IT Manager
75th to 90th percentile
$205k
$224k
Base
$136k
Bonus
$6k
Other
$3k
Benefits
$20k
Operations Supervisor
Highest Compensated Employee
Median to 75th percentile
$200k
$219k
Base
$139k
Bonus
$7k
Other
$456
Benefits
$23k
Operations Supervisor
Highest Compensated Employee
Median to 75th percentile
$199k
$218k
Base
$140k
Bonus
$7k
Other
$698
Benefits
$20k
VP of HR and Safety
Vice President
75th to 90th percentile
$164k
$179k
Base
$126k
Bonus
$6k
Other
$1k
Benefits
$10k
Board Member
Median to 75th percentile
$28k
$30k
Board Member
Median to 75th percentile
$27k
$30k
Board Member
Median to 75th percentile
$27k
$29k
Board Member
Median to 75th percentile
$27k
$29k
Board Member
Median to 75th percentile
$27k
$29k
Board Member
Median to 75th percentile
$26k
$29k
Board Member
Median to 75th percentile
$22k
$24k

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 13%
from 2022

From $341k in 2022 to $385k in 2023.

$341k
2022
$385k
2023
In today's dollarsEst.
Up 8% in real terms$389k to $421k

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 13% from 2022 to 2023, while revenue fell 1%.

$341k in 2022 to $385k in 2023.
  • Vice President pay rose 12% from 2022 to 2023.
  • Highest Compensated Employee pay rose 12% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$244.3M
$234.1M
2022
$241.4M
$233.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WARREN RURAL ELECTRIC COOPERATIVE CORPORATION

What does the Chief Executive Officer of WARREN RURAL ELECTRIC COOPERATIVE CORPORATION earn?

In 2023, the Chief Executive Officer of WARREN RURAL ELECTRIC COOPERATIVE CORPORATION received $385,336 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 WARREN RURAL ELECTRIC COOPERATIVE CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WARREN RURAL ELECTRIC COOPERATIVE CORPORATION falls in the top 10%.

What are WARREN RURAL ELECTRIC COOPERATIVE CORPORATION's revenue and expenses?

In 2023, WARREN RURAL ELECTRIC COOPERATIVE CORPORATION reported $241.4M in total revenue and $233.9M in total expenses on its IRS Form 990.

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