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Filing year 2024

CORE ELECTRIC COOPERATIVE

Sedalia, Colorado·EIN 84-0235244·501(c)(12)
Total revenue
$413.2M
Total assets
$1.4B
Total expenses
$413.2M
Reported officers
26
Mission

THE FOLLOWING MISSION STATEMENT GUIDES THE COOPERATIVE IN FULFILLING ITS TAX EXEMPT PURPOSE OF PROVIDING QUALITY AND RELIABLE ELECTRIC SERVICE TO OUR MEMBER-CONSUMERS: IMPROVING LIVES AND COMMUNITIES THROUGH CHOICE AND INNOVATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 26 reported individuals · Filing year 2024

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

Chief Financial Officer
Above 90th percentile
$700k
$751k
Base
$208k
Bonus
$99k
Other
$274k
Benefits
$11k
Chief Executive Officer
Above 90th percentile
$692k
$743k
Base
$464k
Bonus
$99k
Other
$2k
Benefits
$47k
Chief Executive Officer
Above 90th percentile
$579k
$621k
Base
$169k
Bonus
$220k
Other
$86k
Benefits
$10k
Chief Administrative Officer
Officer (Unspecified)
$565k
$607k
Base
$349k
Bonus
$82k
Other
$4k
Benefits
$32k
Chief Member Experience Officer
Officer (Unspecified)
$495k
$532k
Base
$339k
Bonus
$82k
Other
$2k
Benefits
$17k
Chief Operating Officer
Above 90th percentile
$452k
$485k
Base
$320k
Bonus
$40k
Other
$3k
Benefits
$24k
Information Technology Director
Chief Information Officer
75th to 90th percentile
$389k
$417k
Base
$253k
Bonus
$36k
Other
$4k
Benefits
$41k
Distribution Operations Director
Above 90th percentile
$347k
$373k
Base
$229k
Bonus
$32k
Other
$2k
Benefits
$39k
People Operations Director
Above 90th percentile
$347k
$373k
Base
$217k
Bonus
$32k
Other
$3k
Benefits
$44k
Controller
Above 90th percentile
$342k
$367k
Base
$251k
Bonus
$36k
Other
$2k
Benefits
$43k
Power Supply Director
Key Employee
75th to 90th percentile
$328k
$352k
Base
$228k
Bonus
$30k
Other
$2k
Benefits
$36k
Engineering Director
Key Employee
75th to 90th percentile
$283k
$304k
Base
$218k
Bonus
$11k
Other
$2k
Benefits
$43k
Fleet and Facilities Director
Key Employee
75th to 90th percentile
$280k
$301k
Base
$210k
Bonus
$21k
Other
$2k
Benefits
$39k
Distribution Operations Manager
Operations Manager
Above 90th percentile
$278k
$299k
Base
$197k
Bonus
$20k
Other
$2k
Benefits
$7k
District Manager
Highest Compensated Employee
75th to 90th percentile
$262k
$281k
Base
$194k
Bonus
$19k
Other
$2k
Benefits
$6k
District Manager
Highest Compensated Employee
75th to 90th percentile
$260k
$279k
Base
$194k
Bonus
$19k
Other
$2k
Benefits
$7k
District Manager
Highest Compensated Employee
75th to 90th percentile
$254k
$273k
Base
$193k
Bonus
$19k
Other
$2k
Benefits
$7k
Journeyman Lineman
Highest Compensated Employee
75th to 90th percentile
$246k
$265k
Base
$217k
Bonus
$1k
Other
$1k
Benefits
$7k
President
25th percentile to median
$65k
$70k
Director
Board Member
75th to 90th percentile
$64k
$69k
Chief Financial Officer
25th percentile to median
$63k
$68k
Secretary/treasurer
Officer (Unspecified)
$58k
$62k
Vice President
Median to 75th percentile
$53k
$56k
Director
Board Member
Median to 75th percentile
$49k
$52k
Director
Board Member
Median to 75th percentile
$35k
$38k
Asst. Secretary/treasurer
Officer (Unspecified)
$33k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 21%
from 2023

From $889k in 2023 to $700k in 2024.

$889k
2023
$700k
2024
In today's dollarsEst.
Down 23% in real terms$976k to $751k

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 27% from 2023 to 2024, while revenue rose 17%.

$552k in 2023 to $700k in 2024.
  • Chief Executive Officer pay fell 22% from 2023 to 2024.
  • Chief Operating Officer pay fell 12% 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

CORE ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$353.8M
$353.8M
2023
$413.2M
$413.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CORE ELECTRIC COOPERATIVE

What does the Chief Financial Officer of CORE ELECTRIC COOPERATIVE earn?

In 2024, the Chief Financial Officer of CORE ELECTRIC COOPERATIVE received $700,056 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at CORE ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at CORE ELECTRIC COOPERATIVE falls in the top 10%.

What are CORE ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, CORE ELECTRIC COOPERATIVE reported $413.2M in total revenue and $413.2M in total expenses on its IRS Form 990.

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