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Filing year 2024

HILCO ELECTRIC COOPERATIVE INC

Itasca, Texas·EIN 74-0683625·501(c)(12)
Total revenue
$99.5M
Total assets
$221.6M
Total expenses
$99.3M
Reported officers
16
Mission

THE AIM OF THE COOPERATIVE IS TO PROVIDE ELECTRIC ENERGY AND OTHER GOODS AND SERVICES AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Gm/chief Executive Officer
Officer (Unspecified)
$379k
$402k
Base
$214k
Bonus
$3k
Other
$10k
Benefits
$35k
Chief Financial Officer
Above 90th percentile
$336k
$357k
Base
$197k
Bonus
$16k
Other
$18k
Benefits
$26k
Operations Manager
Above 90th percentile
$288k
$305k
Base
$150k
Bonus
$8k
Other
$7k
Benefits
$18k
Chief HR Officer
Officer (Unspecified)
$267k
$283k
Base
$193k
Bonus
$14k
Other
$10k
Benefits
$18k
Chief Operations Officer
Officer (Unspecified)
$266k
$282k
Base
$186k
Bonus
$14k
Other
$8k
Benefits
$28k
Director of Is/it
Highest Compensated Employee
Median to 75th percentile
$221k
$234k
Base
$136k
Bonus
$6k
Other
$9k
Benefits
$28k
Construction Foreman
Highest Compensated Employee
Median to 75th percentile
$214k
$227k
Base
$141k
Bonus
$9k
Other
$7k
Benefits
$16k
Lead Construction Lineman
Highest Compensated Employee
Median to 75th percentile
$193k
$205k
Base
$134k
Bonus
$3k
Other
$3k
Benefits
$27k
First Class Lineman
Highest Compensated Employee
Median to 75th percentile
$184k
$195k
Base
$139k
Bonus
$2k
Other
$336
Benefits
$27k
Director
Board Member
Median to 75th percentile
$37k
$39k
President
10th to 25th percentile
$35k
$37k
Director
Board Member
Median to 75th percentile
$35k
$37k
Secretary/treasurer
Officer (Unspecified)
$31k
$33k
Director
Board Member
Median to 75th percentile
$29k
$31k
Director
Board Member
Median to 75th percentile
$29k
$31k
Vice President
25th percentile to median
$28k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 12%
from 2023

From $338k in 2023 to $379k in 2024.

$338k
2023
$379k
2024
In today's dollarsEst.
Up 9% in real terms$369k to $402k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 9% from 2023 to 2024, while revenue fell 11%.

$309k in 2023 to $336k in 2024.
  • Operations Manager pay rose 9% from 2023 to 2024.
  • Highest Compensated Employee pay rose 10% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HILCO ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$111.9M
$111.5M
2023
$99.5M
$99.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HILCO ELECTRIC COOPERATIVE INC

What does the Chief Financial Officer of HILCO ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Financial Officer of HILCO ELECTRIC COOPERATIVE INC received $336,250 in total compensation. This pay is in the top 10% for Chief Financial 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 Financial Officer pay at HILCO ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at HILCO ELECTRIC COOPERATIVE INC falls in the top 10%.

What are HILCO ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, HILCO ELECTRIC COOPERATIVE INC reported $99.5M in total revenue and $99.3M in total expenses on its IRS Form 990.

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