Mission
To provide quality electric energy and other services at lowest cost, consistent with sound economy and good management
Executive compensation, broken down
Form 990 · Schedule J · 10 reported individuals · Filing year 2024
General Manager/ceo
officer (unspecified)
$270k
$291k
- Base
- $200k
- Bonus
- —
- Other
- —
- Benefits
- $70k
Operations Manager
highest compensated employee
$254k
$274k
- Base
- $193k
- Bonus
- —
- Other
- —
- Benefits
- $62k
Controller
key employee
$209k
$225k
- Base
- $150k
- Bonus
- —
- Other
- —
- Benefits
- $59k
Director
board member
$16k
$17k
Director
board member
$14k
$15k
Chairman
board chair
$13k
$14k
Secretary-treasury
secretary (operational)
$12k
$13k
Vice Chair
board vice chair
$12k
$13k
Director
board member
$10k
$11k
Director
board member
$9k
$10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager/ceo officer (unspecified) | $200k | — | — | $70k | $270k $291k |
Operations Manager highest compensated employee | $193k | — | — | $62k | $254k $274k |
Controller key employee | $150k | — | — | $59k | $209k $225k |
Director board member | — | — | — | — | $16k $17k |
Director board member | — | — | — | — | $14k $15k |
Chairman board chair | — | — | — | — | $13k $14k |
Secretary-treasury secretary (operational) | — | — | — | — | $12k $13k |
Vice Chair board vice chair | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $9k $10k |
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 7%
from 2023
From $252k in 2023 to $270k in 2024.
$252k
2023
$270k
2024
$252k
2023
$270k
2024
In today's dollarsEst.
Up 4% in real terms$279k to $291k
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 reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
GUERNSEY-MUSKINGUM ELECTRIC COOP reported revenue and expenses across 2 filing years.
RevenueExpenses
$41M
$37.4M
2023
$44.4M
$41.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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