Mission
To provide our members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible.
Executive compensation, broken down
Form 990 · Schedule J · 25 reported individuals · Filing year 2024
Interim Chief Executive Officer / General Council
$455k
$484k
- Base
- $337k
- Bonus
- $33k
- Other
- $690
- Benefits
- $24k
Chief Executive Officer
$448k
$477k
- Base
- $119k
- Bonus
- —
- Other
- $284k
- Benefits
- $8k
Executive VP of Grid Solutions & Special Projects
executive vice president
$387k
$412k
- Base
- $231k
- Bonus
- $40k
- Other
- $47k
- Benefits
- $32k
VP of Administrative Services
vice president
$322k
$343k
- Base
- $222k
- Bonus
- $33k
- Other
- $1k
- Benefits
- $26k
Vice President of Finance
vice president
$299k
$318k
- Base
- $196k
- Bonus
- $31k
- Other
- $2k
- Benefits
- $33k
Vice President of Information Technology
vice president
$274k
$291k
- Base
- $189k
- Bonus
- $20k
- Other
- $450
- Benefits
- $32k
Vice President of Operations
vice president
$271k
$288k
- Base
- $187k
- Bonus
- $17k
- Other
- $18k
- Benefits
- $25k
District Manager - Pagosa Springs
highest compensated employee
$235k
$250k
- Base
- $146k
- Bonus
- $18k
- Other
- $17k
- Benefits
- $35k
Dispatch
highest compensated employee
$223k
$238k
- Base
- $176k
- Bonus
- —
- Other
- $10k
- Benefits
- $27k
Dispatcher
highest compensated employee
$223k
$238k
- Base
- $178k
- Bonus
- —
- Other
- $157
- Benefits
- $35k
Working Foreman, Lineman
highest compensated employee
$215k
$229k
- Base
- $160k
- Bonus
- —
- Other
- $9k
- Benefits
- $31k
Lineman
highest compensated employee
$187k
$200k
- Base
- $173k
- Bonus
- —
- Other
- $133
- Benefits
- —
Chief Executive Officer
$86k
$92k
Board Secretary
board secretary
$24k
$26k
Treasurer
board treasurer
$24k
$25k
Board President
board president
$23k
$24k
Director
board member
$22k
$23k
Director
board member
$21k
$22k
Director
board member
$21k
$22k
Board Vice President
board president
$20k
$21k
Director
board member
$19k
$20k
Director
board member
$19k
$20k
Director
board member
$17k
$18k
Director
board member
$16k
$17k
Director
board member
$16k
$17k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Interim Chief Executive Officer / General Council | $337k | $33k | $690 | $24k | $455k $484k |
Chief Executive Officer | $119k | — | $284k | $8k | $448k $477k |
Executive VP of Grid Solutions & Special Projects executive vice president | $231k | $40k | $47k | $32k | $387k $412k |
VP of Administrative Services vice president | $222k | $33k | $1k | $26k | $322k $343k |
Vice President of Finance vice president | $196k | $31k | $2k | $33k | $299k $318k |
Vice President of Information Technology vice president | $189k | $20k | $450 | $32k | $274k $291k |
Vice President of Operations vice president | $187k | $17k | $18k | $25k | $271k $288k |
District Manager - Pagosa Springs highest compensated employee | $146k | $18k | $17k | $35k | $235k $250k |
Dispatch highest compensated employee | $176k | — | $10k | $27k | $223k $238k |
Dispatcher highest compensated employee | $178k | — | $157 | $35k | $223k $238k |
Working Foreman, Lineman highest compensated employee | $160k | — | $9k | $31k | $215k $229k |
Lineman highest compensated employee | $173k | — | $133 | — | $187k $200k |
Chief Executive Officer | — | — | — | — | $86k $92k |
Board Secretary board secretary | — | — | — | — | $24k $26k |
Treasurer board treasurer | — | — | — | — | $24k $25k |
Board President board president | — | — | — | — | $23k $24k |
Director board member | — | — | — | — | $22k $23k |
Director board member | — | — | — | — | $21k $22k |
Director board member | — | — | — | — | $21k $22k |
Board Vice President board president | — | — | — | — | $20k $21k |
Director board member | — | — | — | — | $19k $20k |
Director board member | — | — | — | — | $19k $20k |
Director board member | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $16k $17k |
Director board member | — | — | — | — | $16k $17k |
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.
Down 25%
from 2023
From $606k in 2023 to $455k in 2024.
$606k
2023
$455k
2024
$606k
2023
$455k
2024
In today's dollarsEst.
Down 27% in real terms$664k to $484k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
LA PLATA ELECTRIC ASSOCIATION INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$114.2M
$110.4M
2023
$118.2M
$107.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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