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ELECTRIC COOPERATIVES VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION
ELECTRIC COOPERATIVES VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION
AL · Mutual Benefit · EIN 262483511
4
Executives Disclosed
$42.9M
Annual Revenue
$6.8M
Total Assets
1.1:1
Internal Pay Ratio
ELECTRIC COOPERATIVES VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION has 4 executives with disclosed compensation. The highest-paid executive, Fred Braswell (TREASURER), received peak total compensation of $485,132. The sector average for Mutual Benefit executives is $194K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Fred Braswell | TREASURER | $485K | $485K | 2018–2020 | 6.5x |
| Karl Rayborn | TREASURER | $445K | $445K | 2016–2024 | 5.9x |
| Brian Matney | ADMINISTRATOR | $250K | $250K | 2021–2024 | 3.3x |
| Stephen Martin | ASSISTANT ADMINISTRATOR | $103K | $0 | 2016–2016 | 1.4x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 2 | $262K | $262K | $262K |
| 2017 | 1 | $257K | $257K | $257K |
| 2018 | 2 | $349K | $431K | $697K |
| 2019 | 2 | $362K | $449K | $724K |
| 2020 | 2 | $391K | $485K | $782K |
| 2021 | 2 | $361K | $361K | $361K |
| 2022 | 2 | $299K | $392K | $598K |
| 2023 | 2 | $327K | $418K | $654K |
| 2024 | 2 | $347K | $445K | $695K |
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