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Filing year 2024

BROWN COUNTY RURAL ELECTRICAL ASSOCIATION

Sleepy Eye, Minnesota·EIN 41-0167135·12
Total revenue
$17.2M
Total assets
$49.1M
Total expenses
$17.1M
Reported officers
16
Mission

THE MISSION OF BROWN COUNTY ELECTRIC IS TO IMPROVE THE QUALITY OF LIFE FOR ITS MEMBERS BY PROVIDING RELIABLE ELECTRICITY AND SERVICES THAT ARE COMPETITIVELY PRICED.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Base
$174k
Bonus
Other
Benefits
$37k
Engineering and Operations Manager
highest compensated employee
$183k
$197k
Base
$127k
Bonus
Other
Benefits
$39k
Lineman-in-charge
highest compensated employee
$161k
$173k
Base
$113k
Bonus
Other
Benefits
$32k
Base
$94k
Bonus
Other
Benefits
$40k
Lineman
highest compensated employee
$149k
$160k
Base
$106k
Bonus
Other
Benefits
$31k
Lineman-in-charge
highest compensated employee
$138k
$148k
Lineman
highest compensated employee
$131k
$141k
$15k
$16k
Vice President
vice president
$14k
$15k
Director
board member
$14k
$15k
Secretary/treasurer
officer (unspecified)
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$11k
$12k

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.

Held steady
from 2023

From $271k in 2023 to $269k in 2024.

$271k
2023
$269k
2024
In today's dollarsEst.
Down 3% in real terms$299k to $289k

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

BROWN COUNTY RURAL ELECTRICAL ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$17.5M
$17.3M
2023
$17.2M
$17.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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