Skip to main content
Filing year 2024

GOLDENWEST ELECTRIC COOPERATIVE INC

Wibaux, Montana·EIN 81-0216809·501(c)(12)
Total revenue
$6.2M
Total assets
$20M
Total expenses
$5.7M
Reported officers
11
Mission

RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TOMEMBERS AND PATRONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Lineman
Highest Compensated Employee
Median to 75th percentile
$206k
$219k
Base
$135k
Bonus
Other
Benefits
$23k
Lineman
Highest Compensated Employee
Median to 75th percentile
$190k
$202k
Base
$125k
Bonus
Other
Benefits
$25k
Lineman
Highest Compensated Employee
Median to 75th percentile
$179k
$190k
Base
$117k
Bonus
Other
Benefits
$25k
Lineman
Highest Compensated Employee
25th percentile to median
$163k
$174k
Base
$116k
Bonus
Other
Benefits
$25k
Cfo/office Manager
Officer (Unspecified)
$141k
$151k
President
Below 10th percentile
$8k
$8k
Secretary/treasurer
Officer (Unspecified)
$7k
$8k
Vice President
25th percentile to median
$7k
$7k
Director
Board Member
25th percentile to median
$6k
$7k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
10th to 25th percentile
$4k
$5k

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 3%
from 2023

From $212k in 2023 to $206k in 2024.

$212k
2023
$206k
2024
In today's dollarsEst.
Down 6% in real terms$233k to $219k

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

Highest Compensated Employee pay rose 56% from 2023 to 2024, while revenue fell 3%.

$132k in 2023 to $206k in 2024.
  • Chief Executive Officer pay rose 29% from 2023 to 2024.
  • Board Member pay rose 3% 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

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

RevenueExpenses
$6.4M
$5.4M
2023
$6.2M
$5.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GOLDENWEST ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of GOLDENWEST ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of GOLDENWEST ELECTRIC COOPERATIVE INC received $206,160 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at GOLDENWEST ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at GOLDENWEST ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

What are GOLDENWEST ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, GOLDENWEST ELECTRIC COOPERATIVE INC reported $6.2M in total revenue and $5.7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.