Mission
Distribution of safe and reliable electricity to all our consumers while following our cooperative principals.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
Base salaryBonusOther compensationBenefits
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Cao highest compensated employee $268k $285k | |||||
Operations Manager highest compensated employee $199k $212k | |||||
Working Foreman highest compensated employee $190k $202k | |||||
Director board member $14k $14k | |||||
Board Vice President board president $13k $13k | |||||
Board President board president $12k $13k | |||||
Director board member $12k $13k | |||||
Board Secretarytreasurer board treasurer $12k $13k | |||||
Director board member $12k $13k | |||||
Director board member $12k $13k | |||||
Director board member $11k $11k | |||||
Director board member $7k $8k | |||||
Director board member $4k $4k | |||||
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 13%
from 2023
From $359k in 2023 to $407k in 2024.
$359k
2023
$407k
2024
$359k
2023
$407k
2024
In today's dollarsEst.
Up 10% in real terms$394k to $433k
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
Grand Valley Rural Power Lines Inc reported revenue and expenses across 2 filing years.
RevenueExpenses
$38.9M
$38.9M
2023
$38.4M
$38.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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