Mission
TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.
Executive compensation, broken down
Form 990 · Schedule J · 15 reported individuals · Filing year 2024
General Mana
officer (unspecified)
$374k
$397k
- Base
- $267k
- Bonus
- $16k
- Other
- $4k
- Benefits
- $27k
Mgr Finance
officer (unspecified)
$222k
$235k
- Base
- $139k
- Bonus
- $1k
- Other
- $6k
- Benefits
- $27k
VP of Operat
vice president
$221k
$235k
- Base
- $141k
- Bonus
- $1k
- Other
- $4k
- Benefits
- $27k
VP of Engine
vice president
$210k
$222k
- Base
- $148k
- Bonus
- $1k
- Other
- $2k
- Benefits
- $27k
Operations M
highest compensated employee
$204k
$216k
- Base
- $128k
- Bonus
- $1k
- Other
- $5k
- Benefits
- $27k
Lead Line Fo
highest compensated employee
$195k
$207k
- Base
- $127k
- Bonus
- $1k
- Other
- $5k
- Benefits
- $27k
Lead Line Fo
highest compensated employee
$184k
$195k
- Base
- $121k
- Bonus
- $1k
- Other
- $2k
- Benefits
- $27k
President
board president
$39k
$41k
Vice Preside
vice president
$23k
$25k
Trustee
board member
$15k
$16k
Secr/treas
board member
$14k
$15k
Trustee
board member
$14k
$14k
Assistant Se
board member
$13k
$14k
Trustee
board member
$11k
$12k
Trustee
board member
$3k
$3k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Mana officer (unspecified) | $267k | $16k | $4k | $27k | $374k $397k |
Mgr Finance officer (unspecified) | $139k | $1k | $6k | $27k | $222k $235k |
VP of Operat vice president | $141k | $1k | $4k | $27k | $221k $235k |
VP of Engine vice president | $148k | $1k | $2k | $27k | $210k $222k |
Operations M highest compensated employee | $128k | $1k | $5k | $27k | $204k $216k |
Lead Line Fo highest compensated employee | $127k | $1k | $5k | $27k | $195k $207k |
Lead Line Fo highest compensated employee | $121k | $1k | $2k | $27k | $184k $195k |
President board president | — | — | — | — | $39k $41k |
Vice Preside vice president | — | — | — | — | $23k $25k |
Trustee board member | — | — | — | — | $15k $16k |
Secr/treas board member | — | — | — | — | $14k $15k |
Trustee board member | — | — | — | — | $14k $14k |
Assistant Se board member | — | — | — | — | $13k $14k |
Trustee board member | — | — | — | — | $11k $12k |
Trustee board member | — | — | — | — | $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
$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.
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.
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