TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $230k
- Bonus
- $1k
- Other
- $2k
- Benefits
- $29k
- Base
- $256k
- Bonus
- —
- Other
- $8k
- Benefits
- $29k
- Base
- $230k
- Bonus
- $541
- Other
- $5k
- Benefits
- $29k
- Base
- $230k
- Bonus
- $717
- Other
- $6k
- Benefits
- $29k
- Base
- $143k
- Bonus
- —
- Other
- $2k
- Benefits
- $19k
- Base
- $175k
- Bonus
- $1k
- Other
- $458
- Benefits
- $29k
- Base
- $175k
- Bonus
- $879
- Other
- $299
- Benefits
- $13k
- Base
- $182k
- Bonus
- $250
- Other
- $131
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Director of Key Employee Above 90th percentile | $230k | $1k | $2k | $29k | $556k $589k |
CEO Above 90th percentile | $256k | — | $8k | $29k | $389k $413k |
Sr Dir IT & Highest Compensated Employee 75th to 90th percentile | $230k | $541 | $5k | $29k | $322k $342k |
Dir of Opera Highest Compensated Employee 75th to 90th percentile | $230k | $717 | $6k | $29k | $317k $336k |
Dir Finance Officer (Unspecified) | $143k | — | $2k | $19k | $292k $310k |
Lineman Highest Compensated Employee 75th to 90th percentile | $175k | $1k | $458 | $29k | $246k $261k |
Lineman Highest Compensated Employee Median to 75th percentile | $175k | $879 | $299 | $13k | $221k $234k |
Lineman Highest Compensated Employee Median to 75th percentile | $182k | $250 | $131 | $13k | $207k $219k |
Interim CEO 25th percentile to median | — | — | — | — | $77k $82k |
President Board President 75th to 90th percentile | — | — | — | — | $61k $64k |
Director Board Member 75th to 90th percentile | — | — | — | — | $54k $58k |
Secretary/tr Board Treasurer Above 90th percentile | — | — | — | — | $50k $53k |
Director Board Member Median to 75th percentile | — | — | — | — | $49k $52k |
Vice Preside Board Vice President 25th percentile to median | — | — | — | — | $39k $41k |
Director Board Member Median to 75th percentile | — | — | — | — | $37k $39k |
Asst. Sec/tr Board Member Median to 75th percentile | — | — | — | — | $30k $32k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 61%
from 2023
From $345k in 2023 to $556k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 15% from 2023 to 2024, while revenue rose 3%.
- Highest Compensated Employee pay fell 7% from 2023 to 2024.
- Board President pay fell 3% 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 INC reported revenue and expenses across 2 filing years.
Common questions about LAKE REGION ELECTRIC COOPERATIVE INC
What does the Key Employee of LAKE REGION ELECTRIC COOPERATIVE INC earn?
In 2024, the Key Employee of LAKE REGION ELECTRIC COOPERATIVE INC received $555,776 in total compensation. This pay is in the top 10% for Key Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Key Employee pay at LAKE REGION ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at LAKE REGION ELECTRIC COOPERATIVE INC falls in the top 10%.
What are LAKE REGION ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, LAKE REGION ELECTRIC COOPERATIVE INC reported $74.4M in total revenue and $74.4M in total expenses on its IRS Form 990.
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