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Filing year 2024

Garkane Energy Cooperative Inc

Loa, Utah·EIN 87-0133588·12
Total revenue
$33.9M
Total assets
$113.9M
Total expenses
$31.9M
Reported officers
19
Mission

Garkane Energy is a member-owned rural electric cooperative and provides electricity to cooperative member/consumers.

Executive compensation, broken down

Form 990 · Schedule J · 19 reported individuals · Filing year 2024

Ceo/general Manager
unclassified
$288k
$307k
Base
$288k
Bonus
Other
Benefits
Coo/engineering Manager
unclassified
$261k
$278k
Base
$261k
Bonus
Other
Benefits
Base
$181k
Bonus
Other
Benefits
Subst. Engineer
unclassified
$171k
$182k
Base
$171k
Bonus
Other
Benefits
Line Super.
unclassified
$160k
$170k
Base
$160k
Bonus
Other
Benefits
Kane Area Mngr
unclassified
$155k
$165k
Base
$155k
Bonus
Other
Benefits
Safety Manager
unclassified
$152k
$162k
Base
$152k
Bonus
Other
Benefits
Garfield Area Mngr
unclassified
$148k
$158k
Director
board member
$36k
$38k
$30k
$32k
Treasurer
board treasurer
$24k
$25k
Director
board member
$24k
$25k
Treasurer
officer (unspecified)
$24k
$25k
Director
board member
$22k
$23k
Director
board member
$21k
$22k
Director
board member
$20k
$22k
Director
board member
$20k
$22k
Director
board member
$19k
$20k
Vice President
vice president
$18k
$19k

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 10%
from 2023

From $261k in 2023 to $288k in 2024.

$261k
2023
$288k
2024
In today's dollarsEst.
Up 7% in real terms$286k to $307k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Garkane Energy Cooperative Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$31.5M
$29.2M
2023
$33.9M
$31.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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