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Filing year 2024

WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION

Mayfield, Kentucky·EIN 61-0378848·501(c)(12)
Total revenue
$109.8M
Total assets
$193.1M
Total expenses
$107.2M
Reported officers
19
Mission

DISTRIBUTE ELECTRICITY TO COOPERATION'S MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND AND GOOD MANAGEMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$414k
$439k
Base
$303k
Bonus
Other
Benefits
$22k
VP of Admin & Finance
Vice President
75th to 90th percentile
$235k
$249k
Base
$168k
Bonus
Other
Benefits
$23k
VP of Engineering
Board Vice President
75th to 90th percentile
$234k
$248k
Base
$169k
Bonus
Other
Benefits
$23k
VP of Operations
Board Vice President
75th to 90th percentile
$219k
$232k
Base
$156k
Bonus
Other
Benefits
$23k
VP of Computing & IT
Board Vice President
Median to 75th percentile
$203k
$215k
Base
$144k
Bonus
Other
Benefits
$22k
Manager of Operations
Operations Manager
75th to 90th percentile
$189k
$200k
Base
$151k
Bonus
Other
Benefits
$22k
Journey Lineman
Highest Compensated Employee
Median to 75th percentile
$183k
$194k
Base
$137k
Bonus
Other
Benefits
$23k
Journey Lineman
Highest Compensated Employee
Median to 75th percentile
$177k
$188k
Base
$130k
Bonus
Other
Benefits
$23k
Journey Lineman
Highest Compensated Employee
Median to 75th percentile
$175k
$185k
Base
$129k
Bonus
Other
Benefits
$23k
Board President
Median to 75th percentile
$16k
$17k
Board Member
25th percentile to median
$16k
$17k
Board Member
25th percentile to median
$16k
$17k
Board Vice President
Board President
25th percentile to median
$16k
$17k
Board Member
25th percentile to median
$15k
$16k
Board Member
25th percentile to median
$14k
$15k
Board Member
25th percentile to median
$14k
$15k
Board Sec/treas
Officer (Unspecified)
$14k
$15k
Board Member
25th percentile to median
$14k
$14k
Board Member
25th percentile to median
$13k
$14k

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 2%
from 2023

From $407k in 2023 to $414k in 2024.

$407k
2023
$414k
2024
In today's dollarsEst.
Down 1% in real terms$444k to $439k

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 2% from 2023 to 2024, while revenue rose 12%.

$407k in 2023 to $414k in 2024.
  • Board Vice President pay rose 2% from 2023 to 2024.
  • Highest Compensated Employee pay rose 7% 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

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

RevenueExpenses
$98.2M
$97M
2023
$109.8M
$107.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION

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

In 2024, the Chief Executive Officer of WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION received $413,550 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 WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION falls in the top 10%.

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

In 2024, WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION reported $109.8M in total revenue and $107.2M in total expenses on its IRS Form 990.

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