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Filing year 2024

CORE ELECTRIC COOPERATIVE

Sedalia, Colorado·EIN 84-0235244·12
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 · Schedule J · 26 reported individuals · Filing year 2024

Chief Financial Officer
$700k
$751k
Base
$208k
Bonus
$99k
Other
$274k
Benefits
$11k
Chief Executive Officer
$692k
$743k
Base
$464k
Bonus
$99k
Other
$2k
Benefits
$47k
Chief Executive Officer
$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
$452k
$485k
Base
$320k
Bonus
$40k
Other
$3k
Benefits
$24k
Information Technology Director
chief information officer
$389k
$417k
Base
$253k
Bonus
$36k
Other
$4k
Benefits
$41k
Distribution Operations Director
$347k
$373k
Base
$229k
Bonus
$32k
Other
$2k
Benefits
$39k
People Operations Director
$347k
$373k
Base
$217k
Bonus
$32k
Other
$3k
Benefits
$44k
Controller
key employee
$342k
$367k
Base
$251k
Bonus
$36k
Other
$2k
Benefits
$43k
Power Supply Director
key employee
$328k
$352k
Base
$228k
Bonus
$30k
Other
$2k
Benefits
$36k
Engineering Director
key employee
$283k
$304k
Base
$218k
Bonus
$11k
Other
$2k
Benefits
$43k
Fleet and Facilities Director
key employee
$280k
$301k
Base
$210k
Bonus
$21k
Other
$2k
Benefits
$39k
Distribution Operations Manager
highest compensated employee
$278k
$299k
Base
$197k
Bonus
$20k
Other
$2k
Benefits
$7k
District Manager
highest compensated employee
$262k
$281k
Base
$194k
Bonus
$19k
Other
$2k
Benefits
$6k
District Manager
highest compensated employee
$260k
$279k
Base
$194k
Bonus
$19k
Other
$2k
Benefits
$7k
District Manager
highest compensated employee
$254k
$273k
Base
$193k
Bonus
$19k
Other
$2k
Benefits
$7k
Journeyman Lineman
highest compensated employee
$246k
$265k
Base
$217k
Bonus
$1k
Other
$1k
Benefits
$7k
$65k
$70k
Director
board member
$64k
$69k
Chief Financial Officer
$63k
$68k
Secretary/treasurer
officer (unspecified)
$58k
$62k
Vice President
vice president
$53k
$56k
Director
board member
$49k
$52k
Director
board member
$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.

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.
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