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Filing year 2024

INSIDE PASSAGE ELECTRIC COOPERATIVE INC

Auke Bay, Alaska·EIN 43-1964262·NTEE W80 · Public & Societal Benefit·501(c)(12)
Total revenue
$7.2M
Total assets
$15.9M
Total expenses
$7M
Reported officers
10
Mission

TO PROVIDE SAFE, RELIABLE ELECTRIC SERVICE TO MEMBERS AT THE LOWEST REASONABLE AND RESPONSIBLE COST

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Ceo/general Mgr
Officer (Unspecified)
$490k
$522k
Base
$213k
Bonus
Other
Benefits
$35k
Controller
75th to 90th percentile
$291k
$310k
Base
$148k
Bonus
Other
Benefits
$38k
Interim CEO
75th to 90th percentile
$278k
$296k
Base
$164k
Bonus
Other
Benefits
$68k
Admin Officer
Unclassified
$236k
$252k
Base
$141k
Bonus
Other
Benefits
$20k
President
Below 10th percentile
$3k
$3k
Vice President
10th to 25th percentile
$3k
$3k
Secretary/treas
Officer (Unspecified)
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$750
$799

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INSIDE PASSAGE ELECTRIC COOPERATIVE INC equaled 7% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
7%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2023

From $423k in 2023 to $490k in 2024.

$423k
2023
$490k
2024
In today's dollarsEst.
Up 13% in real terms$463k to $522k

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

Pay for the position

Controller pay rose 27% from 2023 to 2024, while revenue fell 2%.

$230k in 2023 to $291k in 2024.
  • Chief Executive Officer pay rose 8338% from 2023 to 2024.
  • Vice President pay fell 24% 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

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

RevenueExpenses
$7.3M
$7M
2023
$7.2M
$7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Public & Societal Benefit executives earn

Comparable public & societal benefit organizations nationwide pay their highest-earning executive a median of $83,690.

25th percentile
$30k
Median
$83,690
75th percentile
$173k
90th percentile
$325k

These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 2,612 organizations across 2,612 filings (2021 – 2024).

See full Public & Societal Benefit compensation data
FAQ

Common questions about INSIDE PASSAGE ELECTRIC COOPERATIVE INC

What does the Controller of INSIDE PASSAGE ELECTRIC COOPERATIVE INC earn?

In 2024, the Controller of INSIDE PASSAGE ELECTRIC COOPERATIVE INC received $291,422 in total compensation. This pay is in the top quarter for Controller roles among Public & Societal Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Controller pay at INSIDE PASSAGE ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Controller at INSIDE PASSAGE ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INSIDE PASSAGE ELECTRIC COOPERATIVE INC equaled 7% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are INSIDE PASSAGE ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, INSIDE PASSAGE ELECTRIC COOPERATIVE INC reported $7.2M in total revenue and $7M in total expenses on its IRS Form 990.

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