Mission
EIEC'S MISSION IS PROVIDING OUR MEMBERS WITH SAFE, RELIABLE ENERGY SOLUTIONS AND EXCEPTIONAL SERVICE.
Executive compensation, broken down
Form 990 · Schedule J · 17 reported individuals · Filing year 2024
Ceo/president
$398k
$429k
- Base
- $340k
- Bonus
- —
- Other
- $13k
- Benefits
- —
Vice President of Operations & Engineering
vice president
$211k
$227k
- Base
- $167k
- Bonus
- —
- Other
- $518
- Benefits
- $18k
Vice President of Member & Community Relations
vice president
$191k
$205k
- Base
- $149k
- Bonus
- —
- Other
- $728
- Benefits
- $18k
Chief Financial Officer
$177k
$191k
- Base
- $137k
- Bonus
- —
- Other
- $435
- Benefits
- $18k
Serviceman
highest compensated employee
$177k
$190k
- Base
- $136k
- Bonus
- —
- Other
- $310
- Benefits
- $24k
Serviceman
highest compensated employee
$173k
$186k
- Base
- $138k
- Bonus
- —
- Other
- $310
- Benefits
- $18k
Journeyman Lineman
highest compensated employee
$172k
$185k
- Base
- $142k
- Bonus
- —
- Other
- $121
- Benefits
- $13k
Journeyman Lineman
highest compensated employee
$160k
$172k
- Base
- $144k
- Bonus
- —
- Other
- $92
- Benefits
- —
Director
board member
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$12k
$13k
Secretary/treasurer
officer (unspecified)
$11k
$12k
Vice Chairman
board vice chair
$11k
$11k
Chairman
board chair
$10k
$11k
Director
board member
$9k
$10k
Asst Secretary/treasurer
officer (unspecified)
$9k
$10k
Director
board member
$9k
$10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/president | $340k | — | $13k | — | $398k $429k |
Vice President of Operations & Engineering vice president | $167k | — | $518 | $18k | $211k $227k |
Vice President of Member & Community Relations vice president | $149k | — | $728 | $18k | $191k $205k |
Chief Financial Officer | $137k | — | $435 | $18k | $177k $191k |
Serviceman highest compensated employee | $136k | — | $310 | $24k | $177k $190k |
Serviceman highest compensated employee | $138k | — | $310 | $18k | $173k $186k |
Journeyman Lineman highest compensated employee | $142k | — | $121 | $13k | $172k $185k |
Journeyman Lineman highest compensated employee | $144k | — | $92 | — | $160k $172k |
Director board member | — | — | — | — | $13k $14k |
Director board member | — | — | — | — | $13k $14k |
Director board member | — | — | — | — | $12k $13k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $11k $12k |
Vice Chairman board vice chair | — | — | — | — | $11k $11k |
Chairman board chair | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $9k $10k |
Asst Secretary/treasurer officer (unspecified) | — | — | — | — | $9k $10k |
Director board member | — | — | — | — | $9k $10k |
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 $397k in 2023 to $398k in 2024.
$397k
2023
$398k
2024
$397k
2023
$398k
2024
In today's dollarsEst.
Down 2% in real terms$439k to $429k
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
EASTERN ILLINI ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
RevenueExpenses
$40.5M
$38.4M
2023
$40.5M
$38.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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