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Filing year 2024

Wiregrass Electric Cooperative

Hartford, Alabama·EIN 63-0229728·501(c)(12)
Total revenue
$63.4M
Total assets
$171.1M
Total expenses
$63.4M
Reported officers
22
Mission

Wiregrass Electric Cooperative is a distribution cooperative, providing electricity to its members at cost. Margins are assigned to members each year and returned in the form of capital credit retirements as the cooperative is financially able.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

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

Former Chief Finance Officer
Officer (Unspecified)
$358k
$380k
Base
$259k
Bonus
Other
$337
Benefits
$71k
Chief Executive Officer
Above 90th percentile
$305k
$324k
Base
$236k
Bonus
Other
$2k
Benefits
$17k
Former Chief Executive Officer
Above 90th percentile
$303k
$322k
Base
$235k
Bonus
Other
$10k
Benefits
$26k
VP of Engineering & Operat
Vice President
Above 90th percentile
$267k
$283k
Base
$194k
Bonus
Other
$563
Benefits
$27k
Former Manager of Corporate Services
Highest Compensated Employee
Median to 75th percentile
$202k
$214k
Base
$155k
Bonus
Other
$324
Benefits
$22k
Manager of Engineering
Highest Compensated Employee
Median to 75th percentile
$195k
$207k
Base
$139k
Bonus
Other
$217
Benefits
$27k
VP of Member Services
Vice President
75th to 90th percentile
$195k
$206k
Base
$150k
Bonus
Other
$605
Benefits
$19k
VP of HR & Admin Services
Vice President
75th to 90th percentile
$195k
$206k
Base
$141k
Bonus
Other
$262
Benefits
$28k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$183k
$194k
Base
$131k
Bonus
Other
$218
Benefits
$26k
VP of Accounting
Vice President
75th to 90th percentile
$179k
$190k
Base
$127k
Bonus
Other
$211
Benefits
$27k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$167k
$178k
Base
$141k
Bonus
Other
$218
Benefits
$1k
Manager of Operations
Operations Manager
Median to 75th percentile
$163k
$173k
Base
$131k
Bonus
Other
$948
Benefits
$26k
Trustee - Secretary
Board Member
Median to 75th percentile
$17k
$18k
Trustee - President
Board Member
Median to 75th percentile
$17k
$18k
Trustee
Board Member
Median to 75th percentile
$17k
$18k
Trustee - Vice President
Board Member
Median to 75th percentile
$17k
$18k
Trustee
Board Member
Median to 75th percentile
$16k
$17k
Trustee
Board Member
Median to 75th percentile
$16k
$17k
Trustee
Board Member
Median to 75th percentile
$16k
$17k
Trustee
Board Member
25th percentile to median
$16k
$17k
Former Trustee
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
10th to 25th percentile
$4k
$4k

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 8%
from 2023

From $332k in 2023 to $358k in 2024.

$332k
2023
$358k
2024
In today's dollarsEst.
Up 5% in real terms$363k to $380k

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 fell 8% from 2023 to 2024, while revenue rose 4%.

$332k in 2023 to $305k in 2024.
  • Vice President pay rose 11% from 2023 to 2024.
  • Highest Compensated Employee pay rose 14% 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

Wiregrass Electric Cooperative reported revenue and expenses across 2 filing years.

RevenueExpenses
$61.3M
$61.3M
2023
$63.4M
$63.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Wiregrass Electric Cooperative

What does the Chief Executive Officer of Wiregrass Electric Cooperative earn?

In 2024, the Chief Executive Officer of Wiregrass Electric Cooperative received $305,472 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 Wiregrass Electric Cooperative compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Wiregrass Electric Cooperative falls in the top 10%.

What are Wiregrass Electric Cooperative's revenue and expenses?

In 2024, Wiregrass Electric Cooperative reported $63.4M in total revenue and $63.4M in total expenses on its IRS Form 990.

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