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Filing year 2023

IOWA ASSOCIATION OF ELECTRIC COOPERATIVES

Des Moines, Iowa·EIN 42-0662488·501(c)(6)
Total revenue
$6.1M
Total assets
$3.4M
Total expenses
$6.1M
Reported officers
15
Mission

PROVIDE SERVICES TO RURAL ELECTRIC COOPERATIVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

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

Past Executive V.p./general Manager
Officer (Unspecified)
$419k
$463k
Base
$327k
Bonus
Other
Benefits
$9k
Director - Benefits
Highest Compensated Employee
Median to 75th percentile
$231k
$256k
Base
$170k
Bonus
Other
Benefits
$16k
Director - Govt Relations
Highest Compensated Employee
Median to 75th percentile
$230k
$255k
Base
$160k
Bonus
Other
Benefits
$27k
Director - Regulatory Affairs
Highest Compensated Employee
Median to 75th percentile
$223k
$247k
Base
$171k
Bonus
Other
Benefits
$9k
Director - Safety
Highest Compensated Employee
Median to 75th percentile
$200k
$221k
Base
$146k
Bonus
Other
Benefits
$15k
President
10th to 25th percentile
$17k
$19k
Secretary/treasurer
Officer (Unspecified)
$13k
$15k
Vice President
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$10k
$11k
Assistant Secretary/treasurer
Officer (Unspecified)
$8k
$9k
Nreca Director
Board Member
25th percentile to median
$7k
$8k

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.

Plus 2 unpaid individuals.

Up 10%
from 2022

From $382k in 2022 to $419k in 2023.

$382k
2022
$419k
2023
In today's dollarsEst.
Up 6% in real terms$438k to $463k

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.

Pay for the position

Highest Compensated Employee pay fell 14% from 2022 to 2023, while revenue rose 7%.

$269k in 2022 to $231k in 2023.
  • Chief Executive Officer pay fell 5% from 2022 to 2023.
  • Vice President pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

IOWA ASSOCIATION OF ELECTRIC COOPERATIVES reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.7M
$5.3M
2022
$6.1M
$6.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IOWA ASSOCIATION OF ELECTRIC COOPERATIVES

What does the Highest Compensated Employee of IOWA ASSOCIATION OF ELECTRIC COOPERATIVES earn?

In 2023, the Highest Compensated Employee of IOWA ASSOCIATION OF ELECTRIC COOPERATIVES received $231,461 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at IOWA ASSOCIATION OF ELECTRIC COOPERATIVES compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at IOWA ASSOCIATION OF ELECTRIC COOPERATIVES falls between the median and the 75th percentile.

What are IOWA ASSOCIATION OF ELECTRIC COOPERATIVES's revenue and expenses?

In 2023, IOWA ASSOCIATION OF ELECTRIC COOPERATIVES reported $6.1M in total revenue and $6.1M in total expenses on its IRS Form 990.

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