How Bertcher was paid
$60,000 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Total |
|---|---|---|
| Gene S. BertcherChairman, President, CEO & CFO | $60,000 | $60,000 |
What changed and why
- $60,000$60,000 CEO total compensation was unchanged from 2024.
- 2025 CEO compensation consisted solely of salary; no bonus, equity, incentive, pension, or other compensation was reported.
- One-quarter of Mr. Bertcher’s total compensation was attributed to the Company.
- $10,500$10,500 was paid to each nonemployee director in 2025.
- $2,500$2,500 annual fee plus $2,000 per Board meeting attended is the stated nonemployee director fee structure.
- 0.75%0.75% of gross asset value is Pillar’s annual management and advisory fee under the related-party agreement.
Other New Concept Energy proxy statements
- 2025 proxy statement
Gene S. Bertcher paid $56,500 (flat on the year).
Filed Oct 24, 2025
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.