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Filing year 2024

EASTERN ILLINI ELECTRIC COOPERATIVE

Paxton, Illinois·EIN 36-3526205·501(c)(12)
Total revenue
$40.5M
Total assets
$107.1M
Total expenses
$38.6M
Reported officers
17
Mission

EIEC'S MISSION IS PROVIDING OUR MEMBERS WITH SAFE, RELIABLE ENERGY SOLUTIONS AND EXCEPTIONAL SERVICE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

Ceo/president
Above 90th percentile
$398k
$429k
Base
$340k
Bonus
Other
$13k
Benefits
Vice President of Operations & Engineering
Board Vice President
Median to 75th percentile
$211k
$227k
Base
$167k
Bonus
Other
$518
Benefits
$18k
Vice President of Member & Community Relations
Vice President
75th to 90th percentile
$191k
$205k
Base
$149k
Bonus
Other
$728
Benefits
$18k
Chief Financial Officer
75th to 90th percentile
$177k
$191k
Base
$137k
Bonus
Other
$435
Benefits
$18k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$177k
$190k
Base
$136k
Bonus
Other
$310
Benefits
$24k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$173k
$186k
Base
$138k
Bonus
Other
$310
Benefits
$18k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$172k
$185k
Base
$142k
Bonus
Other
$121
Benefits
$13k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$160k
$172k
Base
$144k
Bonus
Other
$92
Benefits
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$12k
$13k
Secretary/treasurer
Officer (Unspecified)
$11k
$12k
Vice Chairman
Board Vice Chair
25th percentile to median
$11k
$11k
Chairman
Board Chair
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$9k
$10k
Asst Secretary/treasurer
Officer (Unspecified)
$9k
$10k
Director
Board Member
25th percentile to median
$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
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.

Pay for the position

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue held roughly steady.

$397k in 2023 to $398k in 2024.
  • Board Vice President pay rose 10% from 2023 to 2024.
  • Vice President pay rose 8% 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

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.
FAQ

Common questions about EASTERN ILLINI ELECTRIC COOPERATIVE

What does the Chief Executive Officer of EASTERN ILLINI ELECTRIC COOPERATIVE earn?

In 2024, the Chief Executive Officer of EASTERN ILLINI ELECTRIC COOPERATIVE received $398,466 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at EASTERN ILLINI 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 EASTERN ILLINI ELECTRIC COOPERATIVE falls in the top 10%.

What are EASTERN ILLINI ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, EASTERN ILLINI ELECTRIC COOPERATIVE reported $40.5M in total revenue and $38.6M in total expenses on its IRS Form 990.

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