As stated in the by-laws of the cooperative our aim is "to make electric energy and/or other services as allowed by applicable state and federal law available to its members at the lowest costs consistent with sound cooperative business principles."
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $242k
- Bonus
- $5k
- Other
- $2k
- Benefits
- $26k
- Base
- $167k
- Bonus
- $1k
- Other
- $2k
- Benefits
- $24k
- Base
- $124k
- Bonus
- $2k
- Other
- $674
- Benefits
- $26k
- Base
- $113k
- Bonus
- $2k
- Other
- $3k
- Benefits
- $26k
- Base
- $112k
- Bonus
- $2k
- Other
- $612
- Benefits
- $26k
- Base
- $114k
- Bonus
- $2k
- Other
- $636
- Benefits
- $25k
- Base
- $119k
- Bonus
- $2k
- Other
- $446
- Benefits
- $26k
- Base
- $112k
- Bonus
- $2k
- Other
- $433
- Benefits
- $26k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager/ceo Key Employee Above 90th percentile | $242k | $5k | $2k | $26k | $445k $472k |
Chief Operating Officer 75th to 90th percentile | $167k | $1k | $2k | $24k | $288k $306k |
Serviceman Highest Compensated Employee Median to 75th percentile | $124k | $2k | $674 | $26k | $215k $228k |
Director of Human Resources Highest Compensated Employee Median to 75th percentile | $113k | $2k | $3k | $26k | $194k $206k |
Director of Accounting Director (Operational) 75th to 90th percentile | $112k | $2k | $612 | $26k | $186k $197k |
Construction Foreman Highest Compensated Employee Median to 75th percentile | $114k | $2k | $636 | $25k | $176k $187k |
Serviceman Highest Compensated Employee Median to 75th percentile | $119k | $2k | $446 | $26k | $171k $182k |
Serviceman Highest Compensated Employee 25th percentile to median | $112k | $2k | $433 | $26k | $160k $169k |
Secretary/treasurer Board Treasurer 75th to 90th percentile | — | — | — | — | $35k $37k |
Director Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Director Board Member Median to 75th percentile | — | — | — | — | $17k $18k |
President Board President 25th percentile to median | — | — | — | — | $15k $16k |
Vice President Board Vice President 25th percentile to median | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
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 12%
from 2023
From $397k in 2023 to $445k in 2024.
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.
Key Employee pay rose 12% from 2023 to 2024, while revenue fell 4%.
- Chief Operating Officer pay fell 7% from 2023 to 2024.
- Highest Compensated Employee pay rose 5% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
WOOD COUNTY ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
Common questions about WOOD COUNTY ELECTRIC COOPERATIVE
What does the Key Employee of WOOD COUNTY ELECTRIC COOPERATIVE earn?
In 2024, the Key Employee of WOOD COUNTY ELECTRIC COOPERATIVE received $445,195 in total compensation. This pay is in the top 10% for Key Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Key Employee pay at WOOD COUNTY ELECTRIC COOPERATIVE compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at WOOD COUNTY ELECTRIC COOPERATIVE falls in the top 10%.
What are WOOD COUNTY ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, WOOD COUNTY ELECTRIC COOPERATIVE reported $90.4M in total revenue and $90.4M in total expenses on its IRS Form 990.
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