GRAND ELECTRIC IS COMMITTED TO PROVIDE OUR MEMBERS AND EMPLOYEES WITH SOUND FINANCIAL MANAGEMENT, RELIABLE ENERGY AND SAFETY AS OUR HIGHEST PRIORITY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $109k
- Bonus
- $450
- Other
- $836
- Benefits
- $39k
- Base
- $114k
- Bonus
- $450
- Other
- $364
- Benefits
- $33k
- Base
- $113k
- Bonus
- $450
- Other
- $423
- Benefits
- $26k
- Base
- $102k
- Bonus
- $225
- Other
- $6k
- Benefits
- $18k
- Base
- $117k
- Bonus
- $450
- Other
- $267
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Manager-telecom Operations Highest Compensated Employee Median to 75th percentile | $109k | $450 | $836 | $39k | $182k $196k |
Manager-electric Operation Highest Compensated Employee Median to 75th percentile | $114k | $450 | $364 | $33k | $180k $193k |
Lineman Highest Compensated Employee Median to 75th percentile | $113k | $450 | $423 | $26k | $171k $184k |
General Manager 25th percentile to median | $102k | $225 | $6k | $18k | $166k $179k |
Electric Area Foreman Highest Compensated Employee 25th percentile to median | $117k | $450 | $267 | $15k | $152k $164k |
Electric Area Foreman Highest Compensated Employee 25th percentile to median | — | — | — | — | $136k $147k |
Director of Finance Median to 75th percentile | — | — | — | — | $97k $104k |
Vice President 25th percentile to median | — | — | — | — | $13k $14k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
President Below 10th percentile | — | — | — | — | $11k $11k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Treasurer Officer (Unspecified) | — | — | — | — | $8k $8k |
Director (beg June) Board Member 25th percentile to median | — | — | — | — | $8k $8k |
Secretary Officer (Unspecified) | — | — | — | — | $7k $7k |
Director (end June) Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
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.
Fell 15%
over 3 years
From $214k in 2021 to $182k 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.
Highest Compensated Employee pay rose 5% from 2021 to 2024, while revenue rose 6%.
- General Manager pay rose 118% from 2021 to 2024.
- Chief Financial Officer pay rose 5% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.
Revenue and expenses over time
GRAND ELECTRIC COOPERATIVE INC reported revenue and expenses across 3 filing years.
Common questions about GRAND ELECTRIC COOPERATIVE INC
What does the Highest Compensated Employee of GRAND ELECTRIC COOPERATIVE INC earn?
In 2024, the Highest Compensated Employee of GRAND ELECTRIC COOPERATIVE INC received $182,244 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 GRAND 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 GRAND ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.
What are GRAND ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, GRAND ELECTRIC COOPERATIVE INC reported $13.8M in total revenue and $13.4M in total expenses on its IRS Form 990.
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