TO PROVIDE EXCELLENT VALUE TO OUR MEMBERS THROUGH THE SAFE DELIVERY OF RELIABLE ELECTRIC SERVICE, EXCELLENT MEMBER SERVICE, AND INNOVATIVE ENERGY SOLUTIONS AT FAIR AND REASONABLE PRICES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $310k
- Bonus
- $200
- Other
- $2k
- Benefits
- $29k
- Base
- $174k
- Bonus
- $200
- Other
- $2k
- Benefits
- $33k
- Base
- $142k
- Bonus
- $200
- Other
- $1k
- Benefits
- $27k
- Base
- $163k
- Bonus
- $200
- Other
- $820
- Benefits
- $28k
- Base
- $172k
- Bonus
- $200
- Other
- $2k
- Benefits
- $33k
- Base
- $138k
- Bonus
- $200
- Other
- $2k
- Benefits
- $10k
- Base
- $134k
- Bonus
- $200
- Other
- $2k
- Benefits
- $14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $310k | $200 | $2k | $29k | $446k $480k |
Director of Finance & Corporate Services Above 90th percentile | $174k | $200 | $2k | $33k | $348k $374k |
Manager of Operations Operations Manager Above 90th percentile | $142k | $200 | $1k | $27k | $249k $268k |
Manager of Engineering Highest Compensated Employee 75th to 90th percentile | $163k | $200 | $820 | $28k | $248k $267k |
VP of Electrification & Member Experience Board Vice President 75th to 90th percentile | $172k | $200 | $2k | $33k | $241k $259k |
Line Foreman Highest Compensated Employee Median to 75th percentile | $138k | $200 | $2k | $10k | $173k $187k |
Line Foreman Highest Compensated Employee Median to 75th percentile | $134k | $200 | $2k | $14k | $169k $182k |
Chair/director Board Member Median to 75th percentile | — | — | — | — | $26k $27k |
Vice Chair/director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
Director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $16k |
Treasurer/director Board Member 25th percentile to median | — | — | — | — | $14k $15k |
Secretary/director Board Member 25th percentile to median | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Director Board Member 25th percentile to median | — | — | — | — | $8k $9k |
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 10%
from 2023
From $405k in 2023 to $446k in 2024.
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.
Chief Executive Officer pay rose 10% from 2023 to 2024, while revenue fell 2%.
- Chief Financial Officer pay held roughly steady from 2023 to 2024.
- Operations Manager pay rose 11% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
BELTRAMI ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about BELTRAMI ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of BELTRAMI ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of BELTRAMI ELECTRIC COOPERATIVE INC received $446,380 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at BELTRAMI ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BELTRAMI ELECTRIC COOPERATIVE INC falls in the top 10%.
What are BELTRAMI ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, BELTRAMI ELECTRIC COOPERATIVE INC reported $61.3M in total revenue and $60.4M in total expenses on its IRS Form 990.
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