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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 2020. Filed on November 4, 2021.

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 2020 IRS Form 990 filing, Shelby Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 58 total employees. Among the employees shown here, the average compensation is $201,986. The highest compensated employee at Shelby Electric Cooperative is Josh M Shallenberger with fiscal year 2020 compensation of $349,186.

Revenue, expenses, and employee compensation

Revenue

$37,473,892

Expenses

$37,473,892

Employee compensation

$1,642,438
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Josh M Shallenberger
Chief Executive Officer
$349,186
$234,479 No related comp$114,707
Jerry L Johnston
Operations
$210,676
$140,671 No related comp$70,005
Matthew E Clark
Operations
$196,607
$136,817 No related comp$59,790
Roger W Jones
Operations
$196,249
$137,549 No related comp$58,700
Jacob B Kull
Operations
$192,131
$139,352 No related comp$52,779
Blake R Knearem
Lineman
$187,135
$136,077 No related comp$51,058
James A Matlock
Chief Operating Officer
$153,888
$130,962 No related comp$22,926
Troy L Hatfield
Controller
$130,016
$86,137 No related comp$43,879

Benchmark Employee Compensation

Non-Employee Board Members

Brent Lively
Director
$4,500
$4,500 No related compNo other comp
Katie Ohmes
Director
$4,275
$4,275 No related compNo other comp
Robert Holthaus
Director
$4,050
$4,050 No related compNo other comp
Bennie Clawson
Director
$3,825
$3,825 No related compNo other comp
David Keown
Director
$3,825
$3,825 No related compNo other comp
Larry Durbin
Director
$2,925
$2,925 No related compNo other comp
Pam Rincker
Director
$2,250
$2,250 No related compNo other comp
Brian Halbrook
Director
$900
$900 No related compNo other comp

Contractors

Building Systems of Illinois Inc.
Bldg Remodel
$846,291
Aiec
Training
$197,360
Nisc
Software/Suppor
$191,052
Detection Security CO Inc.
Security/Remode
$107,879

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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