TO PROVIDE PREMIUM QUALITY SERVICE, ECONOMICALLY PRICED ELECTRICITY AND OTHER UTILITY SERVICES TO OUR MEMBERS AND COMMUNITY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $288k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $166k
- Bonus
- —
- Other
- —
- Benefits
- $29k
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- $37k
- Base
- $160k
- Bonus
- —
- Other
- —
- Benefits
- $13k
- Base
- $131k
- Bonus
- —
- Other
- —
- Benefits
- $26k
- Base
- $130k
- Bonus
- —
- Other
- —
- Benefits
- $26k
- Base
- $123k
- Bonus
- —
- Other
- —
- Benefits
- $26k
- Base
- $132k
- Bonus
- —
- Other
- —
- Benefits
- $1k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $288k | — | — | $11k | $378k $406k |
Vice President Engineering Board Vice President 75th to 90th percentile | $166k | — | — | $29k | $243k $261k |
CFO 75th to 90th percentile | $153k | — | — | $37k | $232k $249k |
COO 75th to 90th percentile | $160k | — | — | $13k | $215k $231k |
IT Manager 75th to 90th percentile | $131k | — | — | $26k | $198k $213k |
Line Superintendent Highest Compensated Employee Median to 75th percentile | $130k | — | — | $26k | $195k $209k |
Lineman I Highest Compensated Employee Median to 75th percentile | $123k | — | — | $26k | $173k $186k |
Lineman I Highest Compensated Employee 25th percentile to median | $132k | — | — | $1k | $164k $176k |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $14k $15k |
Trustee Board Member 25th percentile to median | — | — | — | — | $12k $12k |
Trustee Board Member 25th percentile to median | — | — | — | — | $12k $12k |
Vice Chairman Board Vice Chair 25th percentile to median | — | — | — | — | $11k $12k |
Chairman (06/25/24) Board Chair 25th percentile to median | — | — | — | — | $11k $12k |
Trustee Board Member 25th percentile to median | — | — | — | — | $10k $11k |
Trustee Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Trustee Board Member 25th percentile to median | — | — | — | — | $8k $9k |
Trustee Board Member 25th percentile to median | — | — | — | — | $8k $8k |
Chairman (thru 06/12/24) Board Chair 10th to 25th percentile | — | — | — | — | $3k $3k |
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 5%
from 2023
From $359k in 2023 to $378k 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 5% from 2023 to 2024, while revenue rose 2%.
- Board Vice President pay rose 17% from 2023 to 2024.
- Chief Financial Officer pay rose 21% 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
HANCOCK-WOOD ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
Common questions about HANCOCK-WOOD ELECTRIC COOPERATIVE
What does the Chief Executive Officer of HANCOCK-WOOD ELECTRIC COOPERATIVE earn?
In 2024, the Chief Executive Officer of HANCOCK-WOOD ELECTRIC COOPERATIVE received $377,644 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 HANCOCK-WOOD 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 HANCOCK-WOOD ELECTRIC COOPERATIVE falls in the top 10%.
What are HANCOCK-WOOD ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, HANCOCK-WOOD ELECTRIC COOPERATIVE reported $54.1M in total revenue and $50.6M in total expenses on its IRS Form 990.
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