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Filing year 2024

LA PLATA ELECTRIC ASSOCIATION INC

Durango, Colorado·EIN 84-0248168·501(c)(12)
Total revenue
$118.2M
Total assets
$293M
Total expenses
$107.5M
Reported officers
25
Mission

To provide our members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 25 reported individuals · Filing year 2024

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

Interim Chief Executive Officer / General Council
Above 90th percentile
$455k
$484k
Base
$337k
Bonus
$33k
Other
$690
Benefits
$24k
Chief Executive Officer
Above 90th percentile
$448k
$477k
Base
$119k
Bonus
Other
$284k
Benefits
$8k
Executive VP of Grid Solutions & Special Projects
Executive Vice President
75th to 90th percentile
$387k
$412k
Base
$231k
Bonus
$40k
Other
$47k
Benefits
$32k
VP of Administrative Services
Board Vice President
75th to 90th percentile
$322k
$343k
Base
$222k
Bonus
$33k
Other
$1k
Benefits
$26k
Vice President of Finance
Vice President
Above 90th percentile
$299k
$318k
Base
$196k
Bonus
$31k
Other
$2k
Benefits
$33k
Vice President of Information Technology
Board Vice President
75th to 90th percentile
$274k
$291k
Base
$189k
Bonus
$20k
Other
$450
Benefits
$32k
Vice President of Operations
Board Vice President
75th to 90th percentile
$271k
$288k
Base
$187k
Bonus
$17k
Other
$18k
Benefits
$25k
District Manager - Pagosa Springs
Highest Compensated Employee
Median to 75th percentile
$235k
$250k
Base
$146k
Bonus
$18k
Other
$17k
Benefits
$35k
Dispatch
Highest Compensated Employee
Median to 75th percentile
$223k
$238k
Base
$176k
Bonus
Other
$10k
Benefits
$27k
Dispatcher
Highest Compensated Employee
Median to 75th percentile
$223k
$238k
Base
$178k
Bonus
Other
$157
Benefits
$35k
Working Foreman, Lineman
Highest Compensated Employee
Median to 75th percentile
$215k
$229k
Base
$160k
Bonus
Other
$9k
Benefits
$31k
Lineman
Highest Compensated Employee
Median to 75th percentile
$187k
$200k
Base
$173k
Bonus
Other
$133
Benefits
Chief Executive Officer
25th percentile to median
$86k
$92k
Board Secretary
75th to 90th percentile
$24k
$26k
Treasurer
Board Treasurer
75th to 90th percentile
$24k
$25k
Board President
Median to 75th percentile
$23k
$24k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$21k
$22k
Director
Board Member
Median to 75th percentile
$21k
$22k
Board Vice President
Board President
Median to 75th percentile
$20k
$21k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
Median to 75th percentile
$16k
$17k
Director
Board Member
25th percentile to median
$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
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.

Pay for the position

Chief Executive Officer pay fell 25% from 2023 to 2024, while revenue rose 4%.

$606k in 2023 to $455k in 2024.
  • Executive Vice President pay rose 16% from 2023 to 2024.
  • Board Vice President pay rose 26% 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

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.
FAQ

Common questions about LA PLATA ELECTRIC ASSOCIATION INC

What does the Chief Executive Officer of LA PLATA ELECTRIC ASSOCIATION INC earn?

In 2024, the Chief Executive Officer of LA PLATA ELECTRIC ASSOCIATION INC received $454,854 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LA PLATA ELECTRIC ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at LA PLATA ELECTRIC ASSOCIATION INC falls in the top 10%.

What are LA PLATA ELECTRIC ASSOCIATION INC's revenue and expenses?

In 2024, LA PLATA ELECTRIC ASSOCIATION INC reported $118.2M in total revenue and $107.5M in total expenses on its IRS Form 990.

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