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Filing year 2024

KEM ELECTRIC COOPERATIVE INC

Linton, North Dakota·EIN 45-0218423·501(c)(12)
Total revenue
$15.3M
Total assets
$50.5M
Total expenses
$15.3M
Reported officers
15
Mission

THE PURPOSE OF KEM ELECTRIC IS TO MAKE ITS MEMBERS MORE PRODUCTIVE AND INCREASE THEIR QUALITY OF LIFE. THIS WILL BE ACCOMPLISHED BY: PROVIDING SAFE, RELIABLE, QUALITY ELECTRIC SERVICE; PROVIDING OTHER SERVICES THAT WILL BENEFIT THE MEMBERSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

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

Chief of Staff
Highest Compensated Employee
Median to 75th percentile
$213k
$229k
Base
$150k
Bonus
Other
Benefits
$33k
Area Foreman
Highest Compensated Employee
Median to 75th percentile
$186k
$200k
Base
$136k
Bonus
Other
Benefits
$32k
Area Foreman
Highest Compensated Employee
Median to 75th percentile
$179k
$192k
Base
$130k
Bonus
Other
Benefits
$32k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$165k
$178k
Base
$119k
Bonus
Other
Benefits
$31k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$164k
$176k
Base
$126k
Bonus
Other
Benefits
$34k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$23k
$25k
Chairman
Board Chair
25th percentile to median
$16k
$17k
Secretary/treasurer
Officer (Unspecified)
$15k
$16k
Director
Board Member
25th percentile to median
$13k
$13k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
Below 10th percentile
$1k
$1k

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 3 unpaid individuals.

Up 4%
from 2023

From $206k in 2023 to $213k in 2024.

$206k
2023
$213k
2024
In today's dollarsEst.
Up 1% in real terms$228k to $229k

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 rose 4% from 2023 to 2024, while revenue rose 9%.

$206k in 2023 to $213k in 2024.
  • Board Vice Chair pay rose 82% from 2023 to 2024.
  • Board Chair pay rose 62% 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

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

RevenueExpenses
$14.1M
$14.1M
2023
$15.3M
$15.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KEM ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of KEM ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of KEM ELECTRIC COOPERATIVE INC received $213,261 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 KEM ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at KEM ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

What are KEM ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, KEM ELECTRIC COOPERATIVE INC reported $15.3M in total revenue and $15.3M in total expenses on its IRS Form 990.

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