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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 Shelby Electric Cooperative

Shelby Electric Cooperative

Fiscal year ending 2018. Filed on November 13, 2019.

PO Box 560
Shelbyville, Illinois 62565

Shelby Electric Cooperative (EIN: 37-0512347) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Shelby Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 5 out of 55 total employees. Among the employees shown here, the average compensation is $199,680. The highest compensated employee at Shelby Electric Cooperative is Josh M Shallenberger with fiscal year 2018 compensation of $297,157.

Revenue, expenses, and employee compensation

Revenue

$38,434,600

Expenses

$36,712,288

Employee compensation

$566,039
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Josh M Shallenberger
Chief Executive Officer
$297,157
$208,654 No related comp$88,503
James A Matlock
Chief Operating Officer
$236,422
$123,792 No related comp$112,630
Brian R Chevalier
Operations
$177,179
$123,739 No related comp$53,440
Kevin D Boehm
Pwrnet
$151,715
$106,640 No related comp$45,075
Terry L Oldham
Operations
$135,928
$115,185 No related comp$20,743

Benchmark Employee Compensation

Non-Employee Board Members

Brent Lively
Director
$6,750
$6,750 No related compNo other comp
John Scott
Director
$5,785
$5,785 No related compNo other comp
Robert Holthaus
Director
$4,950
$4,950 No related compNo other comp
Bennie Clawson
Director
$4,275
$4,275 No related compNo other comp
Mark Lash
Director
$3,950
$3,950 No related compNo other comp
Larry Durbin
Director
$3,375
$3,375 No related compNo other comp
Brian Halbrook
Director
$3,375
$3,375 No related compNo other comp

Contractors

Stuart C Irby CO
Broadband Infrastructure
$890,827
Nisc
Software/Support
$214,791
Prairie Power Inc
New Substation Assistance
$173,899

Mission Statement

To provide reliable electric power and related services to our members at an affordable cost.

Revisions to this organization profile

November 17, 2025:
2024 Shelby Electric Cooperative 990 filed
November 15, 2024:
2023 Shelby Electric Cooperative 990 filed
October 2, 2023:
2022 Shelby Electric Cooperative 990 filed

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