PROVIDE ELECTRIC POWER TO THE MEMBERS OF THE COOPERATIVE WHICH CONSISTS OF APPROXIMATELY 17,765 MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 15 reported individuals · Filing year 2024
- Base
- $235k
- Bonus
- $200
- Other
- $9k
- Benefits
- $27k
- Base
- $169k
- Bonus
- $200
- Other
- $2k
- Benefits
- $26k
- Base
- $138k
- Bonus
- $200
- Other
- $3k
- Benefits
- $26k
- Base
- $134k
- Bonus
- $200
- Other
- $1k
- Benefits
- $26k
- Base
- $151k
- Bonus
- $200
- Other
- $536
- Benefits
- $26k
- Base
- $146k
- Bonus
- $200
- Other
- $664
- Benefits
- $902
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $235k | $200 | $9k | $27k | $335k $360k |
Director of Engin & Operations | $169k | $200 | $2k | $26k | $233k $251k |
Manager of Operations highest compensated employee | $138k | $200 | $3k | $26k | $224k $241k |
Working Foreman highest compensated employee | $134k | $200 | $1k | $26k | $199k $214k |
Working Foreman highest compensated employee | $151k | $200 | $536 | $26k | $193k $207k |
Service Representative highest compensated employee | $146k | $200 | $664 | $902 | $161k $174k |
Director board member | — | — | — | — | $26k $27k |
Board Chair board chair | — | — | — | — | $24k $26k |
Treasurer board treasurer | — | — | — | — | $21k $22k |
Secretary board secretary | — | — | — | — | $21k $22k |
Director board member | — | — | — | — | $20k $22k |
Vice Chairman board vice chair | — | — | — | — | $20k $21k |
Director board member | — | — | — | — | $20k $21k |
Director board member | — | — | — | — | $18k $20k |
Director board member | — | — | — | — | $17k $18k |
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 9%
from 2023
From $306k in 2023 to $335k in 2024.
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.
Revenue and expenses over time
FREEBORN MOWER ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).
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