Mission
ELECTRIC GENERATION AND TRANSMISSION COOPERATIVE
Executive compensation, broken down
Form 990 · Schedule J · 26 reported individuals · Filing year 2024
Executive Vice President & CEO
$468k
$504k
- Base
- $415k
- Bonus
- —
- Other
- $9k
- Benefits
- $28k
VP Utility Operations
vice president
$310k
$333k
- Base
- $243k
- Bonus
- —
- Other
- $12k
- Benefits
- $31k
VP Information Technology
vice president
$300k
$323k
- Base
- $243k
- Bonus
- —
- Other
- $14k
- Benefits
- $30k
VP Portfolio Strategy & Planning
vice president
$288k
$310k
- Base
- $237k
- Bonus
- —
- Other
- $6k
- Benefits
- $25k
VP & CFO
$260k
$280k
- Base
- $224k
- Bonus
- —
- Other
- $12k
- Benefits
- $17k
VP Communications & Corp Relations
vice president
$231k
$248k
- Base
- $186k
- Bonus
- —
- Other
- $10k
- Benefits
- $24k
VP Human Resources
vice president
$229k
$246k
- Base
- $201k
- Bonus
- —
- Other
- $5k
- Benefits
- $11k
Director, Engineering & Operations
$215k
$232k
- Base
- $168k
- Bonus
- —
- Other
- $7k
- Benefits
- $30k
Director of Finance
$211k
$227k
- Base
- $169k
- Bonus
- —
- Other
- $2k
- Benefits
- $27k
Director, Generation Assets
highest compensated employee
$208k
$224k
- Base
- $164k
- Bonus
- —
- Other
- $6k
- Benefits
- $26k
Manager of IT Security & Compliance
highest compensated employee
$193k
$207k
- Base
- $158k
- Bonus
- —
- Other
- $476
- Benefits
- $28k
Manager of Environmental & Safety
highest compensated employee
$184k
$198k
- Base
- $149k
- Bonus
- —
- Other
- $4k
- Benefits
- $21k
Board President
board president
$61k
$66k
Board Director
board member
$44k
$47k
Board Vice President
board president
$40k
$43k
Board Director
board member
$40k
$43k
Board Director
board member
$36k
$39k
Board Director
board member
$36k
$39k
Board Director
board member
$32k
$34k
Board Asst Secretary/treasurer
officer (unspecified)
$27k
$29k
Board Director
board member
$25k
$27k
Board Director
board member
$22k
$24k
Board Director
board member
$21k
$23k
Board Director
board member
$20k
$21k
Board Secretary/treasurer
officer (unspecified)
$7k
$7k
Part-year Board Director
board member
$2k
$2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Vice President & CEO | $415k | — | $9k | $28k | $468k $504k |
VP Utility Operations vice president | $243k | — | $12k | $31k | $310k $333k |
VP Information Technology vice president | $243k | — | $14k | $30k | $300k $323k |
VP Portfolio Strategy & Planning vice president | $237k | — | $6k | $25k | $288k $310k |
VP & CFO | $224k | — | $12k | $17k | $260k $280k |
VP Communications & Corp Relations vice president | $186k | — | $10k | $24k | $231k $248k |
VP Human Resources vice president | $201k | — | $5k | $11k | $229k $246k |
Director, Engineering & Operations | $168k | — | $7k | $30k | $215k $232k |
Director of Finance | $169k | — | $2k | $27k | $211k $227k |
Director, Generation Assets highest compensated employee | $164k | — | $6k | $26k | $208k $224k |
Manager of IT Security & Compliance highest compensated employee | $158k | — | $476 | $28k | $193k $207k |
Manager of Environmental & Safety highest compensated employee | $149k | — | $4k | $21k | $184k $198k |
Board President board president | — | — | — | — | $61k $66k |
Board Director board member | — | — | — | — | $44k $47k |
Board Vice President board president | — | — | — | — | $40k $43k |
Board Director board member | — | — | — | — | $40k $43k |
Board Director board member | — | — | — | — | $36k $39k |
Board Director board member | — | — | — | — | $36k $39k |
Board Director board member | — | — | — | — | $32k $34k |
Board Asst Secretary/treasurer officer (unspecified) | — | — | — | — | $27k $29k |
Board Director board member | — | — | — | — | $25k $27k |
Board Director board member | — | — | — | — | $22k $24k |
Board Director board member | — | — | — | — | $21k $23k |
Board Director board member | — | — | — | — | $20k $21k |
Board Secretary/treasurer officer (unspecified) | — | — | — | — | $7k $7k |
Part-year Board Director board member | — | — | — | — | $2k $2k |
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 25%
from 2023
From $373k in 2023 to $468k in 2024.
$373k
2023
$468k
2024
$373k
2023
$468k
2024
In today's dollarsEst.
Up 22% in real terms$412k to $504k
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
CENTRAL IOWA POWER COOPERATIVE reported revenue and expenses across 2 filing years.
RevenueExpenses
$217.8M
$205.7M
2023
$224.8M
$204.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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