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Filing year 2024

EMPIRE ELECTRIC ASSOCIATION INC

Cortez, Colorado·EIN 84-6035888·501(c)(12)
Total revenue
$63M
Total assets
$128.4M
Total expenses
$62.9M
Reported officers
16
Mission

OUR PRIMARY MISSION IS TO SAFELY, RESPONSIBLY, AND RELIABLY MEET THE ELECTRICAL ENERGY NEEDS OF OUR MEMBER-OWNERS.

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.

General Manager
75th to 90th percentile
$354k
$377k
Base
$286k
Bonus
Other
$4k
Benefits
$30k
Operations Manager
Above 90th percentile
$238k
$253k
Base
$189k
Bonus
Other
$3k
Benefits
$24k
Business Services Admin
Highest Compensated Employee
Median to 75th percentile
$203k
$216k
Base
$149k
Bonus
Other
$4k
Benefits
$30k
Finance Manager
75th to 90th percentile
$181k
$193k
Base
$163k
Bonus
Other
Benefits
Line Superintendent
Highest Compensated Employee
Median to 75th percentile
$175k
$186k
Base
$130k
Bonus
Other
$5k
Benefits
$24k
System Technician
Highest Compensated Employee
Median to 75th percentile
$174k
$186k
Base
$134k
Bonus
Other
$5k
Benefits
$20k
Working Foreman
Highest Compensated Employee
Median to 75th percentile
$168k
$179k
Base
$130k
Bonus
Other
$4k
Benefits
$20k
Working Foreman
Highest Compensated Employee
Median to 75th percentile
$167k
$177k
Base
$129k
Bonus
Other
$3k
Benefits
$20k
Board Member
Median to 75th percentile
$21k
$22k
Board Member
Median to 75th percentile
$20k
$21k
President
10th to 25th percentile
$16k
$17k
Vice President
25th percentile to median
$16k
$17k
Board Member
25th percentile to median
$15k
$16k
Secretarytreasurer
Officer (Unspecified)
$15k
$16k
Board Member
25th percentile to median
$8k
$8k
Board Member
25th percentile to median
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 1%
from 2023

From $349k in 2023 to $354k in 2024.

$349k
2023
$354k
2024
In today's dollarsEst.
Down 1% in real terms$382k to $377k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

General Manager pay rose 1% from 2023 to 2024, while revenue rose 3%.

$349k in 2023 to $354k in 2024.
  • Operations Manager pay rose 2% from 2023 to 2024.
  • Highest Compensated Employee pay rose 2% 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

EMPIRE ELECTRIC ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$61.3M
$61.4M
2023
$63M
$62.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about EMPIRE ELECTRIC ASSOCIATION INC

What does the General Manager of EMPIRE ELECTRIC ASSOCIATION INC earn?

In 2024, the General Manager of EMPIRE ELECTRIC ASSOCIATION INC received $354,255 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at EMPIRE ELECTRIC ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at EMPIRE ELECTRIC ASSOCIATION INC falls between the 75th and 90th percentiles.

What are EMPIRE ELECTRIC ASSOCIATION INC's revenue and expenses?

In 2024, EMPIRE ELECTRIC ASSOCIATION INC reported $63M in total revenue and $62.9M in total expenses on its IRS Form 990.

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