PROVIDE ELECTRIC POWER TO THE MEMBERS OF THE COOPERATIVE WHICH CONSISTS OF APPROXIMATELY 17,765 MEMBERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
- 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 75th to 90th percentile | $235k | $200 | $9k | $27k | $335k $360k |
Director of Engin & Operations 75th to 90th percentilevs all sectors nationwide | $169k | $200 | $2k | $26k | $233k $251k |
Manager of Operations Operations Manager 75th to 90th percentilevs all sectors nationwide | $138k | $200 | $3k | $26k | $224k $241k |
Working Foreman Highest Compensated Employee Median to 75th percentile | $134k | $200 | $1k | $26k | $199k $214k |
Working Foreman Highest Compensated Employee Median to 75th percentile | $151k | $200 | $536 | $26k | $193k $207k |
Service Representative Highest Compensated Employee 25th percentile to median | $146k | $200 | $664 | $902 | $161k $174k |
Director Board Member Median to 75th percentile | — | — | — | — | $26k $27k |
Board Chair Median to 75th percentile | — | — | — | — | $24k $26k |
Treasurer Board Treasurer Above 90th percentile | — | — | — | — | $21k $22k |
Secretary Board Secretary 75th to 90th percentile | — | — | — | — | $21k $22k |
Director Board Member Median to 75th percentile | — | — | — | — | $20k $22k |
Vice Chairman Board Vice Chair Median to 75th percentilevs all sectors nationwide | — | — | — | — | $20k $21k |
Director Board Member Median to 75th percentile | — | — | — | — | $20k $21k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $20k |
Director Board Member 25th percentile to median | — | — | — | — | $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.
Top pay as a share of expenses
In 2024, the highest total compensation at FREEBORN MOWER ELECTRIC COOPERATIVE equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
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.
Chief Executive Officer pay rose 9% from 2023 to 2024, while revenue fell 2%.
- Operations Manager pay rose 5% from 2023 to 2024.
- Highest Compensated Employee pay fell 10% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FREEBORN MOWER ELECTRIC COOPERATIVE
What does the Chief Executive Officer of FREEBORN MOWER ELECTRIC COOPERATIVE earn?
In 2024, the Chief Executive Officer of FREEBORN MOWER ELECTRIC COOPERATIVE received $334,509 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FREEBORN MOWER ELECTRIC COOPERATIVE compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at FREEBORN MOWER ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles. In 2024, the highest total compensation at FREEBORN MOWER ELECTRIC COOPERATIVE equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are FREEBORN MOWER ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, FREEBORN MOWER ELECTRIC COOPERATIVE reported $60.3M in total revenue and $60.1M in total expenses on its IRS Form 990.
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