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Filing year 2024

Garkane Energy Cooperative Inc

Loa, Utah·EIN 87-0133588·501(c)(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 · 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.

Ceo/general Manager
Unclassified
$288k
$307k
Base
$288k
Bonus
Other
Benefits
Coo/engineering Manager
Unclassified
$261k
$278k
Base
$261k
Bonus
Other
Benefits
CFO
75th to 90th percentile
$181k
$193k
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
Median to 75th percentile
$36k
$38k
President
10th to 25th percentile
$30k
$32k
Treasurer
Board Treasurer
75th to 90th percentile
$24k
$25k
Director
Board Member
Median to 75th percentile
$24k
$25k
Treasurer
Officer (Unspecified)
$24k
$25k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$21k
$22k
Director
Board Member
Median to 75th percentile
$20k
$22k
Director
Board Member
Median to 75th percentile
$20k
$22k
Director
Board Member
Median to 75th percentile
$19k
$20k
Vice President
25th percentile to median
$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.

Pay for the position

Chief Financial Officer pay rose 7% from 2023 to 2024, while revenue rose 8%.

$170k in 2023 to $181k in 2024.
  • Board Member pay rose 24% from 2023 to 2024.
  • Chief Executive Officer pay rose 19% 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

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.
FAQ

Common questions about Garkane Energy Cooperative Inc

What does the Chief Financial Officer of Garkane Energy Cooperative Inc earn?

In 2024, the Chief Financial Officer of Garkane Energy Cooperative Inc received $181,260 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at Garkane Energy Cooperative Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at Garkane Energy Cooperative Inc falls between the 75th and 90th percentiles.

What are Garkane Energy Cooperative Inc's revenue and expenses?

In 2024, Garkane Energy Cooperative Inc reported $33.9M in total revenue and $31.9M in total expenses on its IRS Form 990.

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