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Filing year 2024

WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION

Mayfield, Kentucky·EIN 61-0378848·12
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 · Schedule J · 19 reported individuals · Filing year 2024

$414k
$439k
Base
$303k
Bonus
Other
Benefits
$22k
VP of Admin & Finance
vice president
$235k
$249k
Base
$168k
Bonus
Other
Benefits
$23k
VP of Engineering
vice president
$234k
$248k
Base
$169k
Bonus
Other
Benefits
$23k
VP of Operations
vice president
$219k
$232k
Base
$156k
Bonus
Other
Benefits
$23k
VP of Computing & IT
vice president
$203k
$215k
Base
$144k
Bonus
Other
Benefits
$22k
Manager of Operations
highest compensated employee
$189k
$200k
Base
$151k
Bonus
Other
Benefits
$22k
Journey Lineman
highest compensated employee
$183k
$194k
Base
$137k
Bonus
Other
Benefits
$23k
Journey Lineman
highest compensated employee
$177k
$188k
Base
$130k
Bonus
Other
Benefits
$23k
Journey Lineman
highest compensated employee
$175k
$185k
Base
$129k
Bonus
Other
Benefits
$23k
Board President
board president
$16k
$17k
Board Member
board member
$16k
$17k
Board Member
board member
$16k
$17k
Board Vice President
board president
$16k
$17k
Board Member
board member
$15k
$16k
Board Member
board member
$14k
$15k
Board Member
board member
$14k
$15k
Board Sec/treas
officer (unspecified)
$14k
$15k
Board Member
board member
$14k
$14k
Board Member
board member
$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.

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.
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