TO PROVIDE OUR MEMBERS WITH SAFE, RELIABLE, AFFORDABLE ELECTRICITY, AND LEAD BY OFFERING INNOVATIVE ENERGY SERVICES TO GROW THE COOPERATIVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $281k
- Bonus
- $48k
- Other
- $17k
- Benefits
- $38k
- Base
- $164k
- Bonus
- $7k
- Other
- $3k
- Benefits
- $36k
- Base
- $137k
- Bonus
- $500
- Other
- $4k
- Benefits
- $34k
- Base
- $157k
- Bonus
- $7k
- Other
- $2k
- Benefits
- $16k
- Base
- $154k
- Bonus
- $5k
- Other
- $2k
- Benefits
- $15k
- Base
- $139k
- Bonus
- $400
- Other
- $1k
- Benefits
- $36k
- Base
- $136k
- Bonus
- $1k
- Other
- $1k
- Benefits
- $35k
- Base
- $136k
- Bonus
- $900
- Other
- $1k
- Benefits
- $33k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $281k | $48k | $17k | $38k | $511k $550k |
Vice President of Engineering/operatings Board Vice President 75th to 90th percentile | $164k | $7k | $3k | $36k | $268k $288k |
Lead Journeyman Lineworker Highest Compensated Employee Median to 75th percentile | $137k | $500 | $4k | $34k | $202k $217k |
Vice President of Business Solutions Board Vice President Median to 75th percentile | $157k | $7k | $2k | $16k | $194k $208k |
Vice President of Finance/cfo Vice President 75th to 90th percentile | $154k | $5k | $2k | $15k | $189k $203k |
Journeyman Lineworker Highest Compensated Employee Median to 75th percentile | $139k | $400 | $1k | $36k | $186k $200k |
Journeyman Lineworker Highest Compensated Employee Median to 75th percentile | $136k | $1k | $1k | $35k | $183k $197k |
Lead Journeyman Lineworker Highest Compensated Employee Median to 75th percentile | $136k | $900 | $1k | $33k | $181k $195k |
Vice Chair Board Vice Chair Median to 75th percentile | — | — | — | — | $16k $17k |
Chairman Board Chair 25th percentile to median | — | — | — | — | $15k $16k |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Director (joined 4/25/24) Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Director Board Member 25th percentile to median | — | — | — | — | $10k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $10k $10k |
Director (termed 4/25/24) Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
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 $478k in 2023 to $511k 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.
Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue rose 4%.
- Board Vice President pay rose 7% from 2023 to 2024.
- Highest Compensated Employee pay fell 5% 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 COOPERATIVE reported revenue and expenses across 2 filing years.
Common questions about LAKE REGION ELECTRIC COOPERATIVE
What does the Chief Executive Officer of LAKE REGION ELECTRIC COOPERATIVE earn?
In 2024, the Chief Executive Officer of LAKE REGION ELECTRIC COOPERATIVE received $511,357 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 LAKE REGION ELECTRIC COOPERATIVE compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at LAKE REGION ELECTRIC COOPERATIVE falls in the top 10%.
What are LAKE REGION ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, LAKE REGION ELECTRIC COOPERATIVE reported $59.5M in total revenue and $57.7M in total expenses on its IRS Form 990.
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