The mission of Boone Electric Cooperative is to be responsive to our members' needs by providing a dependable supply of electric energy and other services at the lowest possible cost consistent with sound business practices and cooperative principles.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $340k
- Bonus
- $8k
- Other
- $9k
- Benefits
- $25k
- Base
- $207k
- Bonus
- $7k
- Other
- $13k
- Benefits
- $24k
- Base
- $190k
- Bonus
- $6k
- Other
- $11k
- Benefits
- $20k
- Base
- $160k
- Bonus
- $6k
- Other
- $12k
- Benefits
- $31k
- Base
- $175k
- Bonus
- $6k
- Other
- $11k
- Benefits
- $31k
- Base
- $138k
- Bonus
- $6k
- Other
- $9k
- Benefits
- $30k
- Base
- $114k
- Bonus
- $24k
- Other
- $2k
- Benefits
- $30k
- Base
- $113k
- Bonus
- $29k
- Other
- $1k
- Benefits
- $13k
- Base
- $99k
- Bonus
- $36k
- Other
- $1k
- Benefits
- $30k
- Base
- $105k
- Bonus
- $35k
- Other
- $471
- Benefits
- $30k
- Base
- $129k
- Bonus
- $3k
- Other
- $3k
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $340k | $8k | $9k | $25k | $528k $568k |
Assistant Manager Key Employee Above 90th percentile | $207k | $7k | $13k | $24k | $396k $426k |
Cfo/manager of Finance Officer (Unspecified) | $190k | $6k | $11k | $20k | $323k $347k |
Operations Manager Above 90th percentile | $160k | $6k | $12k | $31k | $313k $337k |
Manager of Engineering and Key Employee 75th to 90th percentile | $175k | $6k | $11k | $31k | $302k $325k |
Mgr Member Svcs Key Employee 75th to 90th percentile | $138k | $6k | $9k | $30k | $263k $283k |
Line Foreman Highest Compensated Employee Median to 75th percentile | $114k | $24k | $2k | $30k | $229k $246k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $113k | $29k | $1k | $13k | $206k $222k |
Line Foreman Highest Compensated Employee Median to 75th percentile | $99k | $36k | $1k | $30k | $199k $214k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $105k | $35k | $471 | $30k | $184k $197k |
System Engineer Highest Compensated Employee 25th percentile to median | $129k | $3k | $3k | $13k | $165k $177k |
Treasurer Officer (Unspecified) | — | — | — | — | $42k $46k |
Director Board Member Median to 75th percentile | — | — | — | — | $42k $45k |
Director Board Member Median to 75th percentile | — | — | — | — | $41k $44k |
President 10th to 25th percentile | — | — | — | — | $24k $25k |
Secretary Officer (Unspecified) | — | — | — | — | $16k $17k |
Vice President 25th percentile to median | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $13k $14k |
Director Board Member 25th percentile to median | — | — | — | — | $10k $11k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $9k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
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 13%
from 2023
From $467k in 2023 to $528k 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 13% from 2023 to 2024, while revenue rose 5%.
- Key Employee pay rose 2% from 2023 to 2024.
- Operations Manager pay rose 5% 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
Boone Electric Cooperative reported revenue and expenses across 2 filing years.
Common questions about Boone Electric Cooperative
What does the Chief Executive Officer of Boone Electric Cooperative earn?
In 2024, the Chief Executive Officer of Boone Electric Cooperative received $527,619 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 Boone 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 Boone Electric Cooperative falls in the top 10%.
What are Boone Electric Cooperative's revenue and expenses?
In 2024, Boone Electric Cooperative reported $76.4M in total revenue and $72.6M in total expenses on its IRS Form 990.
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