Mission
PROVIDE ELECTRIC SERVICE TO APPROXIMATELY 10,000 MEMBERS
Executive compensation, broken down
Form 990 · Schedule J · 15 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$407k
$433k
- Base
- $286k
- Bonus
- —
- Other
- $10k
- Benefits
- $11k
Line Foreman
highest compensated employee
$329k
$350k
- Base
- $250k
- Bonus
- —
- Other
- $2k
- Benefits
- $19k
Foreman
highest compensated employee
$320k
$340k
- Base
- $233k
- Bonus
- —
- Other
- $2k
- Benefits
- $30k
Serviceman
highest compensated employee
$306k
$326k
- Base
- $222k
- Bonus
- —
- Other
- $2k
- Benefits
- $30k
Foreman
highest compensated employee
$306k
$325k
- Base
- $219k
- Bonus
- —
- Other
- $1k
- Benefits
- $30k
Serviceman
highest compensated employee
$305k
$325k
- Base
- $228k
- Bonus
- —
- Other
- $3k
- Benefits
- $22k
Manager, Finance and Administration
officer (unspecified)
$246k
$262k
- Base
- $197k
- Bonus
- —
- Other
- $2k
- Benefits
- $22k
Secretary
officer (unspecified)
$22k
$24k
Treasurer
officer (unspecified)
$21k
$22k
Director
board member
$19k
$20k
President
$19k
$20k
Director
board member
$18k
$19k
Vice-president
$15k
$16k
Director
board member
$7k
$7k
Director
board member
$800
$852
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $286k | — | $10k | $11k | $407k $433k |
Line Foreman highest compensated employee | $250k | — | $2k | $19k | $329k $350k |
Foreman highest compensated employee | $233k | — | $2k | $30k | $320k $340k |
Serviceman highest compensated employee | $222k | — | $2k | $30k | $306k $326k |
Foreman highest compensated employee | $219k | — | $1k | $30k | $306k $325k |
Serviceman highest compensated employee | $228k | — | $3k | $22k | $305k $325k |
Manager, Finance and Administration officer (unspecified) | $197k | — | $2k | $22k | $246k $262k |
Secretary officer (unspecified) | — | — | — | — | $22k $24k |
Treasurer officer (unspecified) | — | — | — | — | $21k $22k |
Director board member | — | — | — | — | $19k $20k |
President | — | — | — | — | $19k $20k |
Director board member | — | — | — | — | $18k $19k |
Vice-president | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $7k $7k |
Director board member | — | — | — | — | $800 $852 |
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.
Up 17%
from 2023
From $349k in 2023 to $407k in 2024.
$349k
2023
$407k
2024
$349k
2023
$407k
2024
In today's dollarsEst.
Up 14% in real terms$382k to $433k
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
LANE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$28.8M
$28.6M
2023
$29.5M
$29.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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