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Filing year 2024

INDIAN ELECTRIC COOPERATIVE INC

Cleveland, Oklahoma·EIN 73-0297135·501(c)(12)
Total revenue
$70.2M
Total assets
$201M
Total expenses
$70.2M
Reported officers
15
Mission

TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.

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.

General Mana
General Manager
75th to 90th percentile
$374k
$397k
Base
$267k
Bonus
$16k
Other
$4k
Benefits
$27k
Mgr Finance
Finance Manager
Above 90th percentile
$222k
$235k
Base
$139k
Bonus
$1k
Other
$6k
Benefits
$27k
VP of Operat
Board Vice President
75th to 90th percentile
$221k
$235k
Base
$141k
Bonus
$1k
Other
$4k
Benefits
$27k
VP of Engine
Board Vice President
Median to 75th percentile
$210k
$222k
Base
$148k
Bonus
$1k
Other
$2k
Benefits
$27k
Operations M
Operations Manager
75th to 90th percentile
$204k
$216k
Base
$128k
Bonus
$1k
Other
$5k
Benefits
$27k
Lead Line Fo
Highest Compensated Employee
Median to 75th percentile
$195k
$207k
Base
$127k
Bonus
$1k
Other
$5k
Benefits
$27k
Lead Line Fo
Highest Compensated Employee
Median to 75th percentile
$184k
$195k
Base
$121k
Bonus
$1k
Other
$2k
Benefits
$27k
President
Board President
Median to 75th percentile
$39k
$41k
Vice Preside
Board Vice President
25th percentile to median
$23k
$25k
Trustee
Board Member
25th percentile to median
$15k
$16k
Secr/treas
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
25th percentile to median
$14k
$14k
Assistant Se
Board Member
25th percentile to median
$13k
$14k
Trustee
Board Member
25th percentile to median
$11k
$12k
Trustee
Board Member
10th to 25th percentile
$3k
$3k

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 7%
from 2023

From $350k in 2023 to $374k in 2024.

$350k
2023
$374k
2024
In today's dollarsEst.
Up 4% in real terms$382k to $397k

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

General Manager pay rose 7% from 2023 to 2024, while revenue rose 6%.

$350k in 2023 to $374k in 2024.
  • Finance Manager pay rose 5% from 2023 to 2024.
  • Board Vice President pay rose 3% 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

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

RevenueExpenses
$66.1M
$66.1M
2023
$70.2M
$70.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDIAN ELECTRIC COOPERATIVE INC

What does the General Manager of INDIAN ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of INDIAN ELECTRIC COOPERATIVE INC received $374,418 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at INDIAN ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at INDIAN ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

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

In 2024, INDIAN ELECTRIC COOPERATIVE INC reported $70.2M in total revenue and $70.2M in total expenses on its IRS Form 990.

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