Skip to main content
Filing year 2024

AGRALITE ELECTRIC COOPERATIVE

Benson, Minnesota·EIN 41-0560428·501(c)(12)
Total revenue
$26.5M
Total assets
$80.3M
Total expenses
$25.8M
Reported officers
14
Mission

TO PROVIDE SAFE, RELIABLE ELECTRIC SERVICE AND OTHER RELATED PRODUCTS TO IMPROVE THE QUALITY OF LIFE IN OUR REGION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
75th to 90th percentile
$277k
$298k
Base
$224k
Bonus
Other
Benefits
$25k
Operations Manager
Above 90th percentile
$238k
$256k
Base
$167k
Bonus
Other
Benefits
$31k
Lead Lineman/foremen
Highest Compensated Employee
Median to 75th percentile
$202k
$217k
Base
$129k
Bonus
Other
Benefits
$30k
Member Services Manager
Highest Compensated Employee
Median to 75th percentile
$183k
$197k
Base
$144k
Bonus
Other
Benefits
$28k
CFO
Median to 75th percentile
$163k
$175k
Base
$129k
Bonus
Other
Benefits
$24k
Lead Lineman/foremen
Highest Compensated Employee
25th percentile to median
$146k
$157k
Lead Lineman/foremen
Highest Compensated Employee
25th percentile to median
$138k
$148k
President
Below 10th percentile
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Vice President
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k
Secretary/treasurer
Officer (Unspecified)
$11k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 5%
from 2023

From $264k in 2023 to $277k in 2024.

$264k
2023
$277k
2024
In today's dollarsEst.
Up 2% in real terms$291k to $298k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue fell 2%.

$264k in 2023 to $277k in 2024.
  • Operations Manager pay rose 2% from 2023 to 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

AGRALITE ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$27M
$26.3M
2023
$26.5M
$25.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about AGRALITE ELECTRIC COOPERATIVE

What does the Chief Executive Officer of AGRALITE ELECTRIC COOPERATIVE earn?

In 2024, the Chief Executive Officer of AGRALITE ELECTRIC COOPERATIVE received $277,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AGRALITE ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at AGRALITE ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles.

What are AGRALITE ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, AGRALITE ELECTRIC COOPERATIVE reported $26.5M in total revenue and $25.8M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.