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Filing year 2024

FIRELANDS ELECTRIC COOPERATIVE INC

New London, Ohio·EIN 34-4232845·501(c)(12)
Total revenue
$25.1M
Total assets
$56.3M
Total expenses
$23.4M
Reported officers
19
Mission

RURAL DISTRIBUTION OF ELECTRIC ENERGY AND RELATED SERVICE

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

General Mana
General Manager
Median to 75th percentile
$199k
$214k
Base
$153k
Bonus
Other
Benefits
$24k
Dir Fin&acct
Officer (Unspecified)
$190k
$204k
Base
$143k
Bonus
Other
Benefits
$24k
Genl Mgr, Tr
Officer (Unspecified)
$189k
$203k
Base
$167k
Bonus
Other
Benefits
$2k
Line Superin
Highest Compensated Employee
25th percentile to median
$133k
$143k
Lead Lineman
Highest Compensated Employee
25th percentile to median
$133k
$143k
Engineering
Highest Compensated Employee
25th percentile to median
$130k
$140k
Lead Lineman
Highest Compensated Employee
10th to 25th percentile
$129k
$139k
Trustee
Board Member
25th percentile to median
$11k
$12k
Bd President
Below 10th percentile
$10k
$10k
Trustee
Board Member
25th percentile to median
$9k
$9k
Bd V-preside
Officer (Unspecified)
$8k
$8k
Trustee
Board Member
25th percentile to median
$7k
$8k
Bd Sec/treas
Officer (Unspecified)
$7k
$8k
Trustee
Board Member
25th percentile to median
$7k
$7k
Trustee
Board Member
25th percentile to median
$6k
$7k
Trustee
Board Member
25th percentile to median
$5k
$6k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$1k
$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.

Down 2%
from 2023

From $203k in 2023 to $199k in 2024.

$203k
2023
$199k
2024
In today's dollarsEst.
Down 4% in real terms$224k to $214k

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

Highest Compensated Employee pay fell 3% from 2023 to 2024, while revenue rose 7%.

$137k in 2023 to $133k in 2024.
  • Board Member pay rose 11% from 2023 to 2024.
  • Chief Executive Officer pay fell 11% 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

FIRELANDS ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$23.6M
$21.5M
2023
$25.1M
$23.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FIRELANDS ELECTRIC COOPERATIVE INC

What does the General Manager of FIRELANDS ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of FIRELANDS ELECTRIC COOPERATIVE INC received $199,239 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at FIRELANDS ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at FIRELANDS ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

What are FIRELANDS ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, FIRELANDS ELECTRIC COOPERATIVE INC reported $25.1M in total revenue and $23.4M in total expenses on its IRS Form 990.

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