Mission
EASTERN IOWA REC IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE OFFERINGS TO OUR MEMBERS TO ENHANCE THEIR QUALITY OF LIFE.
Executive compensation, broken down
Form 990 · Schedule J · 25 reported individuals · Filing year 2024
$456k
$491k
- Base
- $286k
- Bonus
- $65
- Other
- $18k
- Benefits
- $23k
Manager of Operation Techn
highest compensated employee
$217k
$233k
- Base
- $137k
- Bonus
- $100
- Other
- $4k
- Benefits
- $15k
Division Manager of Member
highest compensated employee
$213k
$229k
- Base
- $165k
- Bonus
- $95
- Other
- $900
- Benefits
- $2k
Senior Project Consultant
highest compensated employee
$205k
$220k
- Base
- $151k
- Bonus
- $75
- Other
- $3k
- Benefits
- $18k
Substation Foreman
highest compensated employee
$201k
$217k
- Base
- $132k
- Bonus
- $135
- Other
- $2k
- Benefits
- $6k
Division Manager of Operat
highest compensated employee
$198k
$213k
- Base
- $148k
- Bonus
- $350
- Other
- $321
- Benefits
- $16k
Division Manager of Accoun
officer (unspecified)
$195k
$209k
- Base
- $149k
- Bonus
- $380
- Other
- $588
- Benefits
- $14k
President
$21k
$22k
Director
board member
$19k
$21k
Secretary
officer (unspecified)
$17k
$18k
Treasurer
officer (unspecified)
$17k
$18k
Director
board member
$15k
$16k
Director
board member
$15k
$16k
Vice President
vice president
$15k
$16k
Asst. Secretary
officer (unspecified)
$14k
$15k
Director
board member
$13k
$14k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$8k
$9k
Director - Part Year
board member
$8k
$9k
Director - Part Year
board member
$8k
$8k
Director
board member
$7k
$7k
Director - Part Year
board member
$6k
$7k
Director
board member
$5k
$6k
Director
board member
$5k
$6k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $286k | $65 | $18k | $23k | $456k $491k |
Manager of Operation Techn highest compensated employee | $137k | $100 | $4k | $15k | $217k $233k |
Division Manager of Member highest compensated employee | $165k | $95 | $900 | $2k | $213k $229k |
Senior Project Consultant highest compensated employee | $151k | $75 | $3k | $18k | $205k $220k |
Substation Foreman highest compensated employee | $132k | $135 | $2k | $6k | $201k $217k |
Division Manager of Operat highest compensated employee | $148k | $350 | $321 | $16k | $198k $213k |
Division Manager of Accoun officer (unspecified) | $149k | $380 | $588 | $14k | $195k $209k |
President | — | — | — | — | $21k $22k |
Director board member | — | — | — | — | $19k $21k |
Secretary officer (unspecified) | — | — | — | — | $17k $18k |
Treasurer officer (unspecified) | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $15k $16k |
Vice President vice president | — | — | — | — | $15k $16k |
Asst. Secretary officer (unspecified) | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $13k $14k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $8k $9k |
Director - Part Year board member | — | — | — | — | $8k $9k |
Director - Part Year board member | — | — | — | — | $8k $8k |
Director board member | — | — | — | — | $7k $7k |
Director - Part Year board member | — | — | — | — | $6k $7k |
Director board member | — | — | — | — | $5k $6k |
Director board member | — | — | — | — | $5k $6k |
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 3%
from 2023
From $445k in 2023 to $456k in 2024.
$445k
2023
$456k
2024
$445k
2023
$456k
2024
In today's dollarsEst.
Roughly flat in real terms$491k 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
EASTERN IOWA LIGHT & POWER COOPERATIVE reported revenue and expenses across 2 filing years.
RevenueExpenses
$68.3M
$66.4M
2023
$68.5M
$66.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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