OUR VISION IS TO BE THE PROVIDER OF CHOICE FOR ENERGY AND SERVICES BY ALL CONSUMERS. OUR PRIMARY PURPOSE IS TO PROVIDE ELECTRICAL ENERGY AND OTHER SERVICES THAT ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE ECONOMIC AND SOCIAL WELL-BEING OF THE REGION AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMIC AND MANAGEMENT DECISIONS.
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
- $220k
- Bonus
- —
- Other
- —
- Benefits
- $36k
- Base
- $108k
- Bonus
- —
- Other
- —
- Benefits
- $34k
- Base
- $133k
- Bonus
- —
- Other
- —
- Benefits
- $34k
- Base
- $124k
- Bonus
- —
- Other
- —
- Benefits
- $18k
- Base
- $107k
- Bonus
- —
- Other
- —
- Benefits
- $27k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/general Manager Officer (Unspecified) | $220k | — | — | $36k | $395k $425k |
Line Foreman Highest Compensated Employee 75th to 90th percentile | $108k | — | — | $34k | $258k $277k |
Director of Finance 75th to 90th percentile | $133k | — | — | $34k | $220k $236k |
Director of Operations Median to 75th percentile | $124k | — | — | $18k | $214k $230k |
Line Foreman Highest Compensated Employee Median to 75th percentile | $107k | — | — | $27k | $200k $215k |
Lineman Highest Compensated Employee 25th percentile to median | — | — | — | — | $131k $141k |
First Class Lineman Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $129k $138k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
President Below 10th percentile | — | — | — | — | $11k $11k |
Secretary Officer (Unspecified) | — | — | — | — | $10k $11k |
Asst. Secretary Treasurer From 03/24 Officer (Unspecified) | — | — | — | — | $10k $10k |
Treasurer Officer (Unspecified) | — | — | — | — | $9k $10k |
Vice President 25th percentile to median | — | — | — | — | $8k $9k |
Director From 03/24 Board Member 10th to 25th percentile | — | — | — | — | $2k $2k |
Asst. Secretary-treasurer Utl. 03/24 Officer (Unspecified) | — | — | — | — | $825 $887 |
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 25%
from 2023
From $316k in 2023 to $395k 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 118% from 2023 to 2024, while revenue rose 8%.
- Chief Financial Officer pay rose 11% from 2023 to 2024.
- Chief Operating Officer 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
HEARTLAND POWER COOPERATIVE reported revenue and expenses across 2 filing years.
Common questions about HEARTLAND POWER COOPERATIVE
What does the Highest Compensated Employee of HEARTLAND POWER COOPERATIVE earn?
In 2024, the Highest Compensated Employee of HEARTLAND POWER COOPERATIVE received $257,752 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at HEARTLAND POWER COOPERATIVE compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at HEARTLAND POWER COOPERATIVE falls between the 75th and 90th percentiles.
What are HEARTLAND POWER COOPERATIVE's revenue and expenses?
In 2024, HEARTLAND POWER COOPERATIVE reported $33.7M in total revenue and $33.3M in total expenses on its IRS Form 990.
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