TO MEET OUR MEMBERS' NEEDS AND EXPECTATIONS FOR RELIABLE ELECTRICITY, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT REASONABLE PRICES.
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
- $271k
- Bonus
- —
- Other
- $3k
- Benefits
- $26k
- Base
- $135k
- Bonus
- —
- Other
- $3k
- Benefits
- $30k
- Base
- $152k
- Bonus
- —
- Other
- $7k
- Benefits
- $27k
- Base
- $140k
- Bonus
- —
- Other
- $237
- Benefits
- $27k
- Base
- $138k
- Bonus
- —
- Other
- $178
- Benefits
- $26k
- Base
- $142k
- Bonus
- —
- Other
- $113
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $271k | — | $3k | $26k | $347k $374k |
Electric Sys Highest Compensated Employee Median to 75th percentile | $135k | — | $3k | $30k | $234k $252k |
Dir of Opera Highest Compensated Employee Median to 75th percentile | $152k | — | $7k | $27k | $230k $247k |
Foreman Highest Compensated Employee Median to 75th percentile | $140k | — | $237 | $27k | $180k $194k |
Foreman Highest Compensated Employee Median to 75th percentile | $138k | — | $178 | $26k | $172k $185k |
Journeyman Highest Compensated Employee Median to 75th percentile | $142k | — | $113 | $13k | $167k $180k |
Director Board Member 25th percentile to median | — | — | — | — | $13k $14k |
Director Board Member 25th percentile to median | — | — | — | — | $10k $11k |
Director Board Member 25th percentile to median | — | — | — | — | $10k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $9k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $6k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $5k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $5k |
Director Board Member Below 10th percentile | — | — | — | — | $1k $1k |
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.
Climbed 19%
over 3 years
From $293k in 2021 to $347k 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 19% from 2021 to 2024, while revenue fell 2%.
- Highest Compensated Employee pay rose 16% from 2021 to 2024.
- Board Member pay rose 16% from 2021 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.
Revenue and expenses over time
HEARTLAND RURAL ELECTRIC COOPERATIVE reported revenue and expenses across 3 filing years.
Common questions about HEARTLAND RURAL ELECTRIC COOPERATIVE
What does the Chief Executive Officer of HEARTLAND RURAL ELECTRIC COOPERATIVE earn?
In 2024, the Chief Executive Officer of HEARTLAND RURAL ELECTRIC COOPERATIVE received $347,338 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 HEARTLAND RURAL 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 HEARTLAND RURAL ELECTRIC COOPERATIVE falls in the top 10%.
What are HEARTLAND RURAL ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, HEARTLAND RURAL ELECTRIC COOPERATIVE reported $26.8M in total revenue and $27.2M in total expenses on its IRS Form 990.
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