Mission
DISTRIBUTE ELECTRIC ENERGY TO MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 18 reported individuals · Filing year 2024
President & CEO
$283k
$304k
- Base
- $225k
- Bonus
- —
- Other
- $10k
- Benefits
- $31k
Operations Manager - Former Officer
former officer/director/trustee
$246k
$264k
- Base
- $131k
- Bonus
- —
- Other
- $615
- Benefits
- $22k
Director of Operations
$185k
$199k
- Base
- $149k
- Bonus
- —
- Other
- $2k
- Benefits
- $18k
Lead Lineman
highest compensated employee
$178k
$191k
- Base
- $122k
- Bonus
- —
- Other
- $587
- Benefits
- $23k
Journeyman Lineman
highest compensated employee
$159k
$171k
- Base
- $125k
- Bonus
- —
- Other
- $354
- Benefits
- $20k
Journeyman
highest compensated employee
$157k
$168k
- Base
- $121k
- Bonus
- —
- Other
- $261
- Benefits
- $22k
Journeyman
highest compensated employee
$154k
$166k
- Base
- $120k
- Bonus
- —
- Other
- $274
- Benefits
- $20k
Lead Lineman
highest compensated employee
$147k
$158k
Marketing/member Services Manager
officer (unspecified)
$137k
$148k
$115k
$123k
President & CEO
$28k
$30k
Secretary
board secretary
$14k
$15k
Chair
board chair
$13k
$14k
Vice Chair
board vice chair
$12k
$13k
Treasurer
board treasurer
$12k
$12k
Assistant Secretary/treasurer
board treasurer
$11k
$12k
Director
board member
$11k
$12k
Director
board member
$11k
$12k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $225k | — | $10k | $31k | $283k $304k |
Operations Manager - Former Officer former officer/director/trustee | $131k | — | $615 | $22k | $246k $264k |
Director of Operations | $149k | — | $2k | $18k | $185k $199k |
Lead Lineman highest compensated employee | $122k | — | $587 | $23k | $178k $191k |
Journeyman Lineman highest compensated employee | $125k | — | $354 | $20k | $159k $171k |
Journeyman highest compensated employee | $121k | — | $261 | $22k | $157k $168k |
Journeyman highest compensated employee | $120k | — | $274 | $20k | $154k $166k |
Lead Lineman highest compensated employee | — | — | — | — | $147k $158k |
Marketing/member Services Manager officer (unspecified) | — | — | — | — | $137k $148k |
CFO | — | — | — | — | $115k $123k |
President & CEO | — | — | — | — | $28k $30k |
Secretary board secretary | — | — | — | — | $14k $15k |
Chair board chair | — | — | — | — | $13k $14k |
Vice Chair board vice chair | — | — | — | — | $12k $13k |
Treasurer board treasurer | — | — | — | — | $12k $12k |
Assistant Secretary/treasurer board treasurer | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
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.
Up 7%
from 2023
From $265k in 2023 to $283k in 2024.
$265k
2023
$283k
2024
$265k
2023
$283k
2024
In today's dollarsEst.
Up 4% in real terms$292k to $304k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
ITASCA-MANTRAP CO-OP ELECTRICAL ASS'N reported revenue and expenses across 2 filing years.
RevenueExpenses
$31.5M
$31.5M
2023
$32.6M
$32.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.