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Filing year 2024

EAST CENTRAL ENERGY

Braham, Minnesota·EIN 41-0480748·12
Total revenue
$155.6M
Total assets
$497.9M
Total expenses
$161M
Reported officers
21
Mission

TO PROVIDE ELECTRIC DISTRIBUTION, FIBER AND OTHER RELATED SERVICES TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 21 reported individuals · Filing year 2024

$456k
$491k
Base
$346k
Bonus
Other
Benefits
$29k
Vp/chief Information Offic
officer (unspecified)
$377k
$405k
Base
$264k
Bonus
Other
Benefits
$29k
Vp/chief Operating Officer
officer (unspecified)
$372k
$400k
Base
$263k
Bonus
Other
Benefits
$29k
Vp/chief Financial Officer
officer (unspecified)
$308k
$331k
Base
$260k
Bonus
Other
Benefits
$29k
Line Technician
highest compensated employee
$272k
$293k
Base
$187k
Bonus
Other
Benefits
$28k
Manager, Engineering
highest compensated employee
$267k
$287k
Base
$181k
Bonus
Other
Benefits
$28k
Line Technician
highest compensated employee
$237k
$255k
Base
$181k
Bonus
Other
Benefits
$28k
Manager, Business Accounts
highest compensated employee
$222k
$239k
Base
$164k
Bonus
Other
Benefits
$19k
Line Technician
highest compensated employee
$196k
$211k
Base
$163k
Bonus
Other
Benefits
$28k
Director
board member
$22k
$24k
Assistant Secretary/treasurer
board treasurer
$20k
$22k
Secretary/treasurer
board treasurer
$19k
$20k
Director
board member
$17k
$18k
Chair
board chair
$17k
$18k
Director
board member
$16k
$18k
Director
board member
$16k
$17k
Director
board member
$14k
$15k
Vice Chair
board vice chair
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$13k
$14k
Director (through April 2024)
board member
$4k
$5k

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.

Held steady
from 2023

From $453k in 2023 to $456k in 2024.

$453k
2023
$456k
2024
In today's dollarsEst.
Down 2% in real terms$501k to $491k

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

EAST CENTRAL ENERGY reported revenue and expenses across 2 filing years.

RevenueExpenses
$143.4M
$145.6M
2023
$155.6M
$161M
2024
Total revenue and total expenses from IRS Form 990 filings.
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