LANE-SCOTT ELECTRIC COOPERATIVE, INC. BELIEVES THAT EVERY MEMBER IS ENTITLED TO RELIABLE AND EFFICIENT ELECTRIC SERVICE AT THE LOWEST POSSIBLE COST COMPATIBLE WITH GOOD GOVERNANCE POLICIES AND MANAGEMENT PRACTICES. WE ALSO BELIEVE THAT WE HAVE THE OBLIGATION TO PROVIDE OTHER RELATED SERVICES THAT ENRICH PEOPLES' LIVES AND IMPROVE THE COMMUNITIES IN WHICH THEY LIVE. WE BELIEVE ADHERENCE TO COOPERATIVE PRINCIPLES IS THE BEST WAY TO ACHIEVE THE ABOVE DESIRED OBJECTIVES.
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
- $249k
- Bonus
- $250
- Other
- $4k
- Benefits
- $18k
- Base
- $138k
- Bonus
- $250
- Other
- $752
- Benefits
- $33k
- Base
- $131k
- Bonus
- $250
- Other
- $1k
- Benefits
- $16k
- Base
- $128k
- Bonus
- $250
- Other
- $224
- Benefits
- $30k
- Base
- $129k
- Bonus
- $250
- Other
- $1k
- Benefits
- $30k
- Base
- $124k
- Bonus
- $250
- Other
- $671
- Benefits
- $12k
- Base
- $120k
- Bonus
- $250
- Other
- $415
- Benefits
- $31k
- Base
- $130k
- Bonus
- $250
- Other
- $136
- Benefits
- $30k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager/ceo Officer (Unspecified) | $249k | $250 | $4k | $18k | $363k $390k |
Line Superintendent Highest Compensated Employee 75th to 90th percentile | $138k | $250 | $752 | $33k | $254k $274k |
Finance Manager Above 90th percentile | $131k | $250 | $1k | $16k | $198k $213k |
Operations Manager 75th to 90th percentile | $128k | $250 | $224 | $30k | $195k $210k |
Crew Foreman Highest Compensated Employee Median to 75th percentile | $129k | $250 | $1k | $30k | $193k $208k |
Crew Foreman Highest Compensated Employee Median to 75th percentile | $124k | $250 | $671 | $12k | $186k $200k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $120k | $250 | $415 | $31k | $178k $192k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $130k | $250 | $136 | $30k | $171k $183k |
Vice President 25th percentile to median | — | — | — | — | $12k $13k |
Trustee Board Member 25th percentile to median | — | — | — | — | $10k $11k |
President Below 10th percentile | — | — | — | — | $6k $7k |
Trustee Board Member 25th percentile to median | — | — | — | — | $5k $5k |
Trustee Board Member 25th percentile to median | — | — | — | — | $4k $5k |
Secretary Officer (Unspecified) | — | — | — | — | $4k $4k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
Trustee (jan-june) Board Member 10th to 25th percentile | — | — | — | — | $3k $3k |
Treasurer Officer (Unspecified) | — | — | — | — | $3k $3k |
Trustee (july-dec) Board Member 10th to 25th percentile | — | — | — | — | $3k $3k |
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 5%
from 2023
From $346k in 2023 to $363k 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 17% from 2023 to 2024, while revenue rose 1%.
- Finance Manager pay fell 1% from 2023 to 2024.
- Vice President pay fell 16% 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
LANE-SCOTT ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about LANE-SCOTT ELECTRIC COOPERATIVE INC
What does the Highest Compensated Employee of LANE-SCOTT ELECTRIC COOPERATIVE INC earn?
In 2024, the Highest Compensated Employee of LANE-SCOTT ELECTRIC COOPERATIVE INC received $254,278 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at LANE-SCOTT ELECTRIC COOPERATIVE 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 LANE-SCOTT ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.
What are LANE-SCOTT ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, LANE-SCOTT ELECTRIC COOPERATIVE INC reported $20.1M in total revenue and $19.5M in total expenses on its IRS Form 990.
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