Grundy Electric Cooperative is committed to providing the members with competitively priced, quality electric service. Through a highly-trained, efficient staff, the Cooperative strives to improve the quality of life for all members by participating in economic and community development activities as well as other services and programs to achieve this goal.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $236k
- Bonus
- —
- Other
- $3k
- Benefits
- $30k
- Base
- $131k
- Bonus
- —
- Other
- $5k
- Benefits
- $26k
- Base
- $129k
- Bonus
- —
- Other
- $280
- Benefits
- $28k
- Base
- $123k
- Bonus
- —
- Other
- $668
- Benefits
- $30k
- Base
- $111k
- Bonus
- —
- Other
- $830
- Benefits
- $31k
- Base
- $113k
- Bonus
- —
- Other
- $1k
- Benefits
- $33k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO & Manager Above 90th percentile | $236k | — | $3k | $30k | $389k $418k |
Asst Mgr/mgr Finance Officer (Unspecified) | $131k | — | $5k | $26k | $199k $214k |
Operations Manager 75th to 90th percentile | $129k | — | $280 | $28k | $194k $209k |
Lead Lineman Highest Compensated Employee Median to 75th percentile | $123k | — | $668 | $30k | $181k $195k |
IT Manager Median to 75th percentile | $111k | — | $830 | $31k | $176k $190k |
Area Supervisor Highest Compensated Employee Median to 75th percentile | $113k | — | $1k | $33k | $174k $187k |
Area Supervisor Highest Compensated Employee 25th percentile to median | — | — | — | — | $129k $139k |
Secretary Officer (Unspecified) | — | — | — | — | $15k $16k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $9k |
President Below 10th percentile | — | — | — | — | $8k $9k |
Vice President 25th percentile to median | — | — | — | — | $8k $9k |
Treasurer Officer (Unspecified) | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
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.
Up 13%
from 2023
From $343k in 2023 to $389k 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.
Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue rose 3%.
- Operations Manager pay rose 4% from 2023 to 2024.
- Highest Compensated Employee pay rose 9% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Grundy Electric Cooperative reported revenue and expenses across 2 filing years.
Common questions about Grundy Electric Cooperative
What does the Chief Executive Officer of Grundy Electric Cooperative earn?
In 2024, the Chief Executive Officer of Grundy Electric Cooperative received $388,947 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Grundy Electric Cooperative compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Grundy Electric Cooperative falls in the top 10%.
What are Grundy Electric Cooperative's revenue and expenses?
In 2024, Grundy Electric Cooperative reported $15.3M in total revenue and $15.2M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more