Mission
PROVIDING OUR MEMBERS ENERGY-RELATED SERVICES IN A SAFE, DEPENDABLE, AND REASONABLY PRICED MANNER.
Executive compensation, broken down
Form 990 · Schedule J · 18 reported individuals · Filing year 2024
Ceo/president
$512k
$551k
- Base
- $351k
- Bonus
- —
- Other
- —
- Benefits
- $25k
VP of Operations
vice president
$291k
$313k
- Base
- $176k
- Bonus
- —
- Other
- —
- Benefits
- $23k
VP of Engineering Services
vice president
$269k
$289k
- Base
- $175k
- Bonus
- —
- Other
- —
- Benefits
- $23k
VP of Corporate Development & Technology
vice president
$253k
$272k
- Base
- $184k
- Bonus
- —
- Other
- —
- Benefits
- $23k
VP of Corporate Services/cfo
vice president
$246k
$264k
- Base
- $185k
- Bonus
- —
- Other
- —
- Benefits
- $21k
Executive Assistant & HR Coordinator
highest compensated employee
$219k
$235k
- Base
- $139k
- Bonus
- —
- Other
- —
- Benefits
- $59k
Accounting Manager
highest compensated employee
$189k
$203k
- Base
- $144k
- Bonus
- —
- Other
- —
- Benefits
- $23k
Construction & Staking Services Coordinator
highest compensated employee
$153k
$165k
- Base
- $142k
- Bonus
- —
- Other
- —
- Benefits
- $3k
Chairman
board chair
$23k
$25k
Vice-chairman
officer (unspecified)
$22k
$23k
Director
board member
$21k
$23k
Director
board member
$19k
$20k
Secretary/treasurer
officer (unspecified)
$17k
$18k
Director
board member
$17k
$18k
Director
board member
$15k
$17k
Director
board member
$15k
$16k
Director
board member
$14k
$15k
Director
board member
$5k
$5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/president | $351k | — | — | $25k | $512k $551k |
VP of Operations vice president | $176k | — | — | $23k | $291k $313k |
VP of Engineering Services vice president | $175k | — | — | $23k | $269k $289k |
VP of Corporate Development & Technology vice president | $184k | — | — | $23k | $253k $272k |
VP of Corporate Services/cfo vice president | $185k | — | — | $21k | $246k $264k |
Executive Assistant & HR Coordinator highest compensated employee | $139k | — | — | $59k | $219k $235k |
Accounting Manager highest compensated employee | $144k | — | — | $23k | $189k $203k |
Construction & Staking Services Coordinator highest compensated employee | $142k | — | — | $3k | $153k $165k |
Chairman board chair | — | — | — | — | $23k $25k |
Vice-chairman officer (unspecified) | — | — | — | — | $22k $23k |
Director board member | — | — | — | — | $21k $23k |
Director board member | — | — | — | — | $19k $20k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $15k $17k |
Director board member | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $5k $5k |
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 3%
from 2023
From $498k in 2023 to $512k in 2024.
$498k
2023
$512k
2024
$498k
2023
$512k
2024
In today's dollarsEst.
Roughly flat in real terms$550k to $551k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
BOONE REMC reported revenue and expenses across 2 filing years.
RevenueExpenses
$69.1M
$59M
2023
$76.5M
$63.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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