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Filing year 2024

CAPITAL ELECTRIC COOPERATIVE INC

Bismarck, North Dakota·EIN 45-0217628·12
Total revenue
$47.5M
Total assets
$158.2M
Total expenses
$47.5M
Reported officers
17
Mission

CAPITAL ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND EFFICIENT ELECTRIC POWER AT A REASONABLE COST TO ALL MEMBER OWNERS.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$369k
$397k
Base
$229k
Bonus
Other
$2k
Benefits
$20k
Business Manager
officer (unspecified)
$213k
$229k
Base
$160k
Bonus
Other
$802
Benefits
$19k
Lead Lineworker
highest compensated employee
$177k
$190k
Base
$130k
Bonus
Other
$534
Benefits
$1k
Engineering Manager
highest compensated employee
$174k
$187k
Base
$138k
Bonus
Other
$534
Benefits
$19k
Lead Lineworker
highest compensated employee
$166k
$178k
Base
$121k
Bonus
Other
$340
Benefits
$18k
Manager of Energy Services
highest compensated employee
$160k
$172k
Base
$124k
Bonus
Other
$597
Benefits
$2k
Lead Lineworker
highest compensated employee
$147k
$158k
$18k
$19k
Assistant Secretary/treasurer
board treasurer
$13k
$14k
Secretary-treasurer
officer (unspecified)
$12k
$13k
Director
board member
$11k
$12k
Director
board member
$9k
$10k
Director
board member
$8k
$9k
Director
board member
$8k
$9k
Vice President
vice president
$7k
$8k
Director (started June 2024)
board member
$5k
$5k
Director (through June 2024)
board member
$3k
$3k

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 $365k in 2023 to $369k in 2024.

$365k
2023
$369k
2024
In today's dollarsEst.
Down 2% in real terms$404k to $397k

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

CAPITAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$46.3M
$46.3M
2023
$47.5M
$47.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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