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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 2022. Filed on October 2, 2023.

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 2022 IRS Form 990 filing, Shelby Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 67 total employees. Among the employees shown here, the average compensation is $209,851. The highest compensated employee at Shelby Electric Cooperative is Josh M Shallenberger with fiscal year 2022 compensation of $401,083.

Revenue, expenses, and employee compensation

Revenue

$38,433,374

Expenses

$38,433,374

Employee compensation

$1,305,203
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Josh M Shallenberger
Chief Executive Officer
$401,083
$249,231 No related comp$151,852
Brian R Chevalier
Operations
$200,603
$123,275 No related comp$77,328
Roger W Jones
Operations
$194,752
$122,061 No related comp$72,691
James A Matlock
Chief Operating Officer
$163,086
$138,708 No related comp$24,378
Terry L Oldham
Operations
$153,165
$129,286 No related comp$23,879
Troy L Hatfield
Controller
$146,414
$97,059 No related comp$49,355

Benchmark Employee Compensation

Non-Employee Board Members

Robert Holthaus
Director
$12,800
$12,800 No related compNo other comp
Brent Lively
Director
$5,400
$5,400 No related compNo other comp
Scott Ohmes
Director
$4,800
$4,800 No related compNo other comp
Brian Halbrook
Director
$4,500
$4,500 No related compNo other comp
Greg MacKling
Director
$4,500
$4,500 No related compNo other comp
David Keown
Director
$4,200
$4,200 No related compNo other comp
Larry Durbin
Director
$3,000
$3,000 No related compNo other comp
John Gardner
Director
$2,700
$2,700 No related compNo other comp
Rob Bullock
Director
$2,400
$2,400 No related compNo other comp
Katie Ohmes
Director
$1,800
$1,800 No related compNo other comp

Contractors

Nisc
Software/Suppor
$258,139
Jf Electric Inc.
Contractor-Fibe
$256,948
Finley Engineering CO Inc.
Engineering
$242,870
Fox & Austin Masonary & Concrete
Concrete
$178,806
Toth & Associates
Engineering
$107,870

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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