TO PROVIDE ELECTRIC UTILITY SERVICES TO MEMBERS OF THE COOPERATIVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 24 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $253k
- Bonus
- —
- Other
- $15k
- Benefits
- $32k
- Base
- $172k
- Bonus
- $3k
- Other
- $7k
- Benefits
- $16k
- Base
- $189k
- Bonus
- $3k
- Other
- $6k
- Benefits
- $32k
- Base
- $173k
- Bonus
- $3k
- Other
- $7k
- Benefits
- $25k
- Base
- $125k
- Bonus
- $2k
- Other
- $1k
- Benefits
- $29k
- Base
- $125k
- Bonus
- $2k
- Other
- $2k
- Benefits
- $22k
- Base
- $117k
- Bonus
- $1k
- Other
- $1k
- Benefits
- $5k
- Base
- $117k
- Bonus
- $3k
- Other
- $793
- Benefits
- $18k
- Base
- $125k
- Bonus
- —
- Other
- $204
- Benefits
- $28k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo 75th to 90th percentile | $253k | — | $15k | $32k | $315k $339k |
VP of Finance/cfo Vice President 75th to 90th percentile | $172k | $3k | $7k | $16k | $305k $328k |
VP of Operations & Engineering Vice President 75th to 90th percentile | $189k | $3k | $6k | $32k | $297k $319k |
VP of Customer & Corp Relations Vice President 75th to 90th percentile | $173k | $3k | $7k | $25k | $252k $271k |
Superintendent of Field Operations Highest Compensated Employee Median to 75th percentile | $125k | $2k | $1k | $29k | $195k $209k |
Manager of Renewable Energy Services Highest Compensated Employee Median to 75th percentile | $125k | $2k | $2k | $22k | $194k $208k |
Manager of Business and Community Development Business Manager Median to 75th percentilevs all sectors nationwide | $117k | $1k | $1k | $5k | $169k $182k |
Manager of HR Highest Compensated Employee 25th percentile to median | $117k | $3k | $793 | $18k | $167k $180k |
Manager of Engineering Highest Compensated Employee 25th percentile to median | $125k | — | $204 | $28k | $163k $175k |
Chair Board Chair 25th percentile to median | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Treasurer Officer (Unspecified) | — | — | — | — | $12k $13k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Vice Chair Board Vice Chair 25th percentile to medianvs all sectors nationwide | — | — | — | — | $11k $12k |
Secretary Officer (Unspecified) | — | — | — | — | $11k $11k |
Director Board Member 25th percentile to median | — | — | — | — | $10k $11k |
Director Board Member 25th percentile to median | — | — | — | — | $10k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $9k |
Director Board Member 25th percentile to median | — | — | — | — | $8k $9k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $5k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at IOWA LAKES ELECTRIC COOPERATIVE equaled 0.4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Fell 10%
over 3 years
From $352k in 2021 to $315k in 2024.
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.
Chief Executive Officer pay fell 10% from 2021 to 2024, while revenue rose 9%.
- Vice President pay rose 21% from 2021 to 2024.
- Highest Compensated Employee pay rose 16% from 2021 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about IOWA LAKES ELECTRIC COOPERATIVE
What does the Chief Executive Officer of IOWA LAKES ELECTRIC COOPERATIVE earn?
In 2024, the Chief Executive Officer of IOWA LAKES ELECTRIC COOPERATIVE received $315,472 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at IOWA LAKES ELECTRIC COOPERATIVE compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at IOWA LAKES ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles. In 2024, the highest total compensation at IOWA LAKES ELECTRIC COOPERATIVE equaled 0.4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are IOWA LAKES ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, IOWA LAKES ELECTRIC COOPERATIVE reported $74.7M in total revenue and $71M in total expenses on its IRS Form 990.
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