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Filing year 2024

CLAY-UNION ELECTRIC CORPORATION

Vermillion, South Dakota·EIN 46-0120430·501(c)(12)
Total revenue
$10.6M
Total assets
$45.2M
Total expenses
$10.4M
Reported officers
10
Mission

TO PROVIDE SAFE, RELIABLE AND AFFORDABLE ELECTRIC SERVICE FOR OUR MEMBERS NOW AND INTO THE FUTURE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager
Median to 75th percentile
$255k
$274k
Base
$144k
Bonus
Other
Benefits
$28k
Operations Manager
Median to 75th percentile
$156k
$168k
Base
$113k
Bonus
Other
Benefits
$29k
Finance Manager
75th to 90th percentile
$153k
$165k
Base
$110k
Bonus
Other
Benefits
$28k
Crew Foreman
Highest Compensated Employee
25th percentile to median
$147k
$158k
Base
$106k
Bonus
Other
Benefits
$29k
Treasurer
Officer (Unspecified)
$8k
$8k
Vice President
25th percentile to median
$7k
$7k
President
Below 10th percentile
$6k
$6k
Secretary
Officer (Unspecified)
$5k
$5k
Assistant Secretary From 09/2024
Officer (Unspecified)
$1k
$2k
Assistant Secretary Until 4/2024
Officer (Unspecified)
$1k
$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 3%
from 2023

From $247k in 2023 to $255k in 2024.

$247k
2023
$255k
2024
In today's dollarsEst.
Roughly flat in real terms$273k to $274k

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.

Pay for the position

General Manager pay rose 3% from 2023 to 2024, while revenue rose 7%.

$247k in 2023 to $255k in 2024.
  • Operations Manager pay rose 6% from 2023 to 2024.
  • Finance Manager pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CLAY-UNION ELECTRIC CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.8M
$9.8M
2023
$10.6M
$10.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CLAY-UNION ELECTRIC CORPORATION

What does the General Manager of CLAY-UNION ELECTRIC CORPORATION earn?

In 2024, the General Manager of CLAY-UNION ELECTRIC CORPORATION received $254,609 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at CLAY-UNION ELECTRIC CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at CLAY-UNION ELECTRIC CORPORATION falls between the median and the 75th percentile.

What are CLAY-UNION ELECTRIC CORPORATION's revenue and expenses?

In 2024, CLAY-UNION ELECTRIC CORPORATION reported $10.6M in total revenue and $10.4M in total expenses on its IRS Form 990.

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