Mission
IN THE COOPERATIVE TRADITION, ILLINOIS ELECTRIC IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR OUR MEMBERS THROUGH DEPENDABILITY AND INNOVATION.
Executive compensation, broken down
Form 990 · Schedule J · 19 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$318k
$342k
- Base
- $272k
- Bonus
- —
- Other
- $20k
- Benefits
- —
Loss Control Supervisor
highest compensated employee
$269k
$290k
- Base
- $43k
- Bonus
- —
- Other
- $223k
- Benefits
- —
Manager of Finance
officer (unspecified)
$262k
$282k
- Base
- $183k
- Bonus
- —
- Other
- $26k
- Benefits
- —
Network Analyst
highest compensated employee
$198k
$213k
- Base
- $157k
- Bonus
- —
- Other
- $11k
- Benefits
- —
Journeyman Serviceman
highest compensated employee
$194k
$208k
- Base
- $164k
- Bonus
- —
- Other
- $19k
- Benefits
- —
Journeyman Serviceman
highest compensated employee
$190k
$204k
- Base
- $142k
- Bonus
- —
- Other
- $26k
- Benefits
- —
Design Engineer
highest compensated employee
$177k
$191k
- Base
- $141k
- Bonus
- —
- Other
- $12k
- Benefits
- —
President
$22k
$23k
Director
board member
$13k
$14k
Secretary
officer (unspecified)
$11k
$12k
Director
board member
$10k
$10k
Vice President
vice president
$8k
$8k
Treasurer
officer (unspecified)
$8k
$8k
Director
board member
$7k
$8k
Director
board member
$6k
$7k
Director
board member
$5k
$5k
Director
board member
$5k
$5k
Director
board member
$4k
$5k
Director - Part Year
board member
$4k
$4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $272k | — | $20k | — | $318k $342k |
Loss Control Supervisor highest compensated employee | $43k | — | $223k | — | $269k $290k |
Manager of Finance officer (unspecified) | $183k | — | $26k | — | $262k $282k |
Network Analyst highest compensated employee | $157k | — | $11k | — | $198k $213k |
Journeyman Serviceman highest compensated employee | $164k | — | $19k | — | $194k $208k |
Journeyman Serviceman highest compensated employee | $142k | — | $26k | — | $190k $204k |
Design Engineer highest compensated employee | $141k | — | $12k | — | $177k $191k |
President | — | — | — | — | $22k $23k |
Director board member | — | — | — | — | $13k $14k |
Secretary officer (unspecified) | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $10k $10k |
Vice President vice president | — | — | — | — | $8k $8k |
Treasurer officer (unspecified) | — | — | — | — | $8k $8k |
Director board member | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $6k $7k |
Director board member | — | — | — | — | $5k $5k |
Director board member | — | — | — | — | $5k $5k |
Director board member | — | — | — | — | $4k $5k |
Director - Part Year board member | — | — | — | — | $4k $4k |
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 14%
over 3 years
From $279k in 2021 to $318k in 2024.
$279k
2021
$281k
2023
$318k
2024
$279k
2021
$281k
2023
$318k
2024
In today's dollarsEst.
Down 1% in real terms$346k to $342k
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
ILLINOIS ELECTRIC COOPERATIVE reported revenue and expenses across 3 filing years.
RevenueExpenses
$38.8M
$36.7M
2021
$44.3M
$42.3M
2023
$45.8M
$44M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.