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Filing year 2024

EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE

Urbana, Iowa·EIN 42-1445092·501(c)(12)
Total revenue
$27.2M
Total assets
$91.7M
Total expenses
$25.3M
Reported officers
16
Mission

EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE PROVIDES ELECTRIC ENERGY SERVICE TO APPROXIMATELY 7,260 MEMBERS TO PARTS OF 10 COUNTIES IN EAST-CENTRAL IOWA. ITS PRIMARY MISSION IS TO PROVIDE THE BEST POSSIBLE SERVICE TO ITS MEMBERS FOR THE LOWEST POSSIBLE COST.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

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

CEO
75th to 90th percentile
$236k
$254k
Base
$182k
Bonus
Other
Benefits
$16k
Operations Manager
Median to 75th percentile
$162k
$174k
Base
$127k
Bonus
Other
Benefits
$8k
Member Service Manger
Highest Compensated Employee
25th percentile to median
$149k
$160k
Information Systems Manager
Highest Compensated Employee
25th percentile to median
$149k
$160k
Lineworker
Highest Compensated Employee
25th percentile to median
$135k
$145k
Lineworker
Highest Compensated Employee
25th percentile to median
$134k
$144k
Director
Board Member
25th percentile to median
$8k
$9k
Vice President
25th percentile to median
$8k
$8k
Secretary/treasurer
Officer (Unspecified)
$7k
$8k
President
Below 10th percentile
$7k
$8k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
25th percentile to median
$4k
$5k
Assistant Secretary/treasurer
Officer (Unspecified)
$4k
$4k
Director
Board Member
10th to 25th percentile
$2k
$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 4%
from 2023

From $228k in 2023 to $236k in 2024.

$228k
2023
$236k
2024
In today's dollarsEst.
Up 1% in real terms$252k to $254k

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

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 1%.

$228k in 2023 to $236k in 2024.
  • Operations Manager pay rose 4% from 2023 to 2024.
  • Highest Compensated Employee pay rose 3% 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

EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$27M
$24.6M
2023
$27.2M
$25.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE

What does the Chief Executive Officer of EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE earn?

In 2024, the Chief Executive Officer of EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE received $236,187 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles.

What are EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, EAST-CENTRAL IOWA RURAL ELECTRIC COOPERATIVE reported $27.2M in total revenue and $25.3M in total expenses on its IRS Form 990.

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