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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Clay Electric Cooperative Inc.

Clay Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 12, 2025.

PO Box 517
Flora, Illinois 62839

Clay Electric Cooperative Inc. (EIN: 37-0219624) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Clay Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 15 total employees. Among the employees shown here, the average compensation is $170,154. The highest compensated employee at Clay Electric Cooperative Inc. is Matt Conklin with fiscal year 2024 compensation of $199,993.

Revenue, expenses, and employee compensation

Revenue

$8,496,706

Expenses

$7,828,839

Employee compensation

$351,057
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matt Conklin
Chief Executive Officer
$199,993
$152,371 No related comp$47,622
Adam Smith
Lineman Foreman
$169,675
$137,776 No related comp$31,899
Brody Snell
Journeyman Lineman
$165,870
$135,505 No related comp$30,365
Eric Moyer
Journeyman Lineman
$165,390
$135,555 No related comp$29,835
Damien Bowling
Lineman Foreman
$164,547
$128,515 No related comp$36,032
Phillip Durre
Journeyman Lineman
$155,448
$126,180 No related comp$29,268

Benchmark Employee Compensation

Non-Employee Board Members

Kevin Logan
Board Member
$8,500
$8,500 No related compNo other comp
Bob Pierson
President
$7,650
$7,650 No related compNo other comp
Frank Czyzewski
Board Member
$5,850
$5,850 No related compNo other comp
Richard Rudolphi
Board Member
$5,625
$5,625 No related compNo other comp
Frank Herman
Board Member
$5,400
$5,400 No related compNo other comp
Bill Croy
Vice President
$4,500
$4,500 No related compNo other comp
Evan Smith
Board Member
$4,050
$4,050 No related compNo other comp
Josh Schnepper
Board Member
$2,925
$2,925 No related compNo other comp
Neil Gould
Secretary
$2,925
$2,925 No related compNo other comp

Mission Statement

TO DISTRIBUTE ELECTRICITY TO MEMBERS

Revisions to this organization profile

November 12, 2025:
2024 Clay Electric Cooperative Inc. 990 filed
September 19, 2024:
2023 Clay Electric Cooperative Inc. 990 filed
October 4, 2023:
2022 Clay Electric Cooperative Inc. 990 filed

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