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SHELBY ELECTRIC COOPERATIVE
SHELBY ELECTRIC COOPERATIVE
IL · EIN 370512347
35
Executives Disclosed
$41.5M
Annual Revenue
$89.2M
Total Assets
2.4:1
Internal Pay Ratio
SHELBY ELECTRIC COOPERATIVE has 35 executives with disclosed compensation. The highest-paid executive, Josh M Shallenberger (CEO), received peak total compensation of $454,457.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Josh M Shallenberger | CEO | $454K | $454K | 2016–2024 | 6.1x |
| James A Matlock | COO | $242K | $177K | 2016–2024 | 3.2x |
| Bradley R Wright | Operations | $235K | $235K | 2019–2024 | 3.1x |
| Brian R Chevalier | Operations | $212K | $196K | 2016–2023 | 2.8x |
| Jerry L Johnston | OPERATIONS | $211K | $211K | 2020–2020 | 2.8x |
| Matthew E Clark | OPERATIONS | $197K | $197K | 2020–2020 | 2.6x |
| Roger W Jones | OPERATIONS | $196K | $195K | 2020–2022 | 2.6x |
| Jacob B Kull | OPERATIONS | $192K | $192K | 2020–2020 | 2.6x |
| Blake R Knearem | LINEMAN | $187K | $187K | 2020–2020 | 2.5x |
| Andrew M McDonald | Operations | $186K | $186K | 2017–2023 | 2.5x |
| Nicholas J Ray | Operations | $180K | $180K | 2024–2024 | 2.4x |
| Lucas C Morse | Operations | $174K | $174K | 2024–2024 | 2.3x |
| Terry L Oldham | Operations | $164K | $164K | 2016–2024 | 2.2x |
| Kevin D Boehm | PWRNet | $152K | $152K | 2016–2018 | 2x |
| Troy L Hatfield | CONTROLLER | $146K | $0 | 2020–2022 | 2x |
| Robert Holthaus | Director | $16K | $0 | 2018–2024 | 0.2x |
| David Keown | Director | $7K | $0 | 2019–2024 | 0.1x |
| Brent Lively | Director | $7K | $0 | 2016–2024 | 0.1x |
| Rob Bullock | Director | $6K | $0 | 2022–2024 | 0.1x |
| John Scott | Executive Dir. | $6K | $0 | 2018–2019 | 0.1x |
| Greg MacKling | Director | $6K | $0 | 2021–2024 | 0.1x |
| John M Scott | DIRECTOR | $5K | $0 | 2016–2017 | 0.1x |
| John Gardner | Director | $5K | $0 | 2022–2024 | 0.1x |
| Scott Ohmes | Director | $5K | $0 | 2022–2024 | 0.1x |
| Tim Lenz | Director | $5K | $0 | 2023–2024 | 0.1x |
| Brian Halbrook | Director | $5K | $0 | 2016–2023 | 0.1x |
| Mark Lash | Director | $4K | $0 | 2016–2019 | 0.1x |
| Bennie Clawson | DIRECTOR | $4K | $0 | 2018–2021 | 0.1x |
| Katie Ohmes | DIRECTOR | $4K | $0 | 2019–2022 | 0.1x |
| Nick Dunaway | Director | $4K | $0 | 2024–2024 | 0.1x |
| Robert G Holthaus | DIRECTOR | $4K | $0 | 2016–2017 | 0.1x |
| Bennie L Clawson | DIRECTOR | $4K | $0 | 2016–2017 | 0x |
| Larry Durbin | Director | $3K | $0 | 2018–2023 | 0x |
| Larry E Durbin | DIRECTOR | $3K | $0 | 2016–2017 | 0x |
| Pam Rincker | DIRECTOR | $2K | $0 | 2020–2021 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 12 | $196K | $225K | $587K |
| 2017 | 12 | $211K | $248K | $633K |
| 2018 | 12 | $216K | $297K | $862K |
| 2019 | 14 | $221K | $300K | $885K |
| 2020 | 16 | $212K | $349K | $1.5M |
| 2021 | 15 | $237K | $379K | $950K |
| 2022 | 16 | $223K | $401K | $1.1M |
| 2023 | 16 | $218K | $388K | $1.3M |
| 2024 | 15 | $231K | $454K | $1.4M |
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