Mission
Dedicated to provide safe, low cost, reliable electricity to all our members.
Executive compensation, broken down
Form 990 · Schedule J · 6 reported individuals · Filing year 2024
Manager
key employee
$99k
$106k
- Base
- $99k
- Bonus
- —
- Other
- —
- Benefits
- $26k
Vice President
vice president
$7k
$8k
Treasurer
board treasurer
$6k
$7k
President
board president
$5k
$5k
Secretary
board secretary
$4k
$5k
Director
board member
$4k
$4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Manager key employee | $99k | — | — | $26k | $99k $106k |
Vice President vice president | — | — | — | — | $7k $8k |
Treasurer board treasurer | — | — | — | — | $6k $7k |
President board president | — | — | — | — | $5k $5k |
Secretary board secretary | — | — | — | — | $4k $5k |
Director board member | — | — | — | — | $4k $4k |
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.
Down 31%
from 2023
From $144k in 2023 to $99k in 2024.
$144k
2023
$99k
2024
$144k
2023
$99k
2024
In today's dollarsEst.
Down 33% in real terms$159k to $106k
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
DOUGLAS ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$3.3M
$3.3M
2023
$3.4M
$3.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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