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Filing year 2024

GLACIER ELECTRIC COOPERATIVE INC

Cut Bank, Montana·EIN 81-0218082·12
Total revenue
$17.4M
Total assets
$41.9M
Total expenses
$17.4M
Reported officers
15
Mission

TRANSMISSION AND DISTRIBUTION OF ELECTRICITY TO ITS MEMBERS, PRIMARILY SERVING GLACIER COUNTY, MT

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

Manager
officer (unspecified)
$302k
$321k
Base
$200k
Bonus
Other
Benefits
$37k
Journeyman Lineman
highest compensated employee
$185k
$197k
Base
$122k
Bonus
Other
Benefits
$32k
Line Foreman
highest compensated employee
$183k
$195k
Base
$126k
Bonus
Other
Benefits
$23k
Manager of Finance and Adm
highest compensated employee
$180k
$192k
Base
$112k
Bonus
Other
Benefits
$34k
Operations Manager
highest compensated employee
$177k
$189k
Base
$147k
Bonus
Other
Benefits
$24k
Journeyman Lineman
highest compensated employee
$177k
$188k
Base
$114k
Bonus
Other
Benefits
$32k
$11k
$12k
Trustee
board member
$10k
$10k
Sec/treasurer
officer (unspecified)
$7k
$8k
Trustee
board member
$7k
$7k
Trustee
board member
$6k
$6k
Trustee
board member
$6k
$6k
Trustee
board member
$6k
$6k
Vice President
vice president
$5k
$6k
Trustee
board member
$3k
$3k

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.

Down 2%
from 2023

From $308k in 2023 to $302k in 2024.

$308k
2023
$302k
2024
In today's dollarsEst.
Down 5% in real terms$337k to $321k

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

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

RevenueExpenses
$16.8M
$16.8M
2023
$17.4M
$17.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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