TO PROVIDE THE HIGHEST QUALITY OF SERVICES AND PRODUCTS TO ITS MEMBERS WHILE MAINTAINING COMPETITIVE RATES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $106k
- Bonus
- —
- Other
- —
- Benefits
- $34k
- Base
- $150k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $111k
- Bonus
- —
- Other
- —
- Benefits
- $39k
- Base
- $109k
- Bonus
- —
- Other
- —
- Benefits
- $16k
- Base
- $114k
- Bonus
- —
- Other
- —
- Benefits
- $31k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Director of Finance/office Manager Highest Compensated Employee Median to 75th percentile | $106k | — | — | $34k | $208k $224k |
General Manager/ceo - Left 9/2024 Officer (Unspecified) | $150k | — | — | $23k | $177k $191k |
Manager of Technology Services Highest Compensated Employee Median to 75th percentile | $111k | — | — | $39k | $171k $184k |
Manager of Member Services Highest Compensated Employee 25th percentile to median | $109k | — | — | $16k | $156k $167k |
Manager of Operations Operations Manager Median to 75th percentile | $114k | — | — | $31k | $149k $161k |
General Manager/ceo - Joined 9/2024 Officer (Unspecified) | — | — | — | — | $75k $81k |
Vice President 25th percentile to median | — | — | — | — | $10k $11k |
Director Board Member 25th percentile to median | — | — | — | — | $8k $9k |
Secretary Officer (Unspecified) | — | — | — | — | $8k $9k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $8k |
Treasurer Officer (Unspecified) | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
President Below 10th percentile | — | — | — | — | $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.
Held steady
from 2023
From $208k in 2023 to $208k 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.
Highest Compensated Employee pay rose 47% from 2023 to 2024, while revenue rose 6%.
- Operations Manager pay fell 23% from 2023 to 2024.
- Vice President pay rose 28% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
LAKE REGION ELECTRIC ASSOCIATION INC reported revenue and expenses across 2 filing years.
Common questions about LAKE REGION ELECTRIC ASSOCIATION INC
What does the Highest Compensated Employee of LAKE REGION ELECTRIC ASSOCIATION INC earn?
In 2024, the Highest Compensated Employee of LAKE REGION ELECTRIC ASSOCIATION INC received $207,899 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 LAKE REGION ELECTRIC ASSOCIATION 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 LAKE REGION ELECTRIC ASSOCIATION INC falls between the median and the 75th percentile.
What are LAKE REGION ELECTRIC ASSOCIATION INC's revenue and expenses?
In 2024, LAKE REGION ELECTRIC ASSOCIATION INC reported $21.2M in total revenue and $21M in total expenses on its IRS Form 990.
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