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Filing year 2024

Lincoln Electric Cooperative Inc

Eureka, Montana·EIN 81-0228361·501(c)(12)
Total revenue
$16.4M
Total assets
$40M
Total expenses
$15.4M
Reported officers
18
Mission

Lincoln Electric Cooperative, Inc. is an electric distribution cooperative established to provide electrical power and services to its members located in portions of Lincoln and Flathead counties of Montana.

Executive compensation

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Interim Gmhr
Officer (Unspecified)
$222k
$236k
Operations Manager
75th to 90th percentile
$221k
$235k
Foreman
Highest Compensated Employee
Median to 75th percentile
$202k
$215k
Lineman
Highest Compensated Employee
Median to 75th percentile
$201k
$214k
General Manager
Median to 75th percentile
$197k
$210k
Lineman
Highest Compensated Employee
Median to 75th percentile
$197k
$210k
Lineman
Highest Compensated Employee
Median to 75th percentile
$189k
$202k
CFO
Median to 75th percentile
$146k
$155k
President
10th to 25th percentile
$17k
$18k
Trustee
Board Member
Median to 75th percentile
$17k
$18k
Trustee
Board Member
25th percentile to median
$8k
$9k
Secretarytreasurer
Officer (Unspecified)
$8k
$9k
Trustee
Board Member
25th percentile to median
$6k
$6k
Trustee
Board Member
25th percentile to median
$6k
$6k
Trustee
Board Member
25th percentile to median
$5k
$6k
Vice-president
Below 10th percentile
$4k
$4k
Trustee
Board Member
Below 10th percentile
$903
$961

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.

Plus 1 unpaid individual.

Down 38%
from 2023

From $361k in 2023 to $222k in 2024.

$361k
2023
$222k
2024
In today's dollarsEst.
Down 40% in real terms$395k to $236k

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.

Pay for the position

General Manager pay fell 45% from 2023 to 2024, while revenue rose 8%.

$361k in 2023 to $197k in 2024.
  • Chief Financial Officer pay fell 24% from 2023 to 2024.
  • Chief Executive Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Lincoln Electric Cooperative Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.3M
$14.1M
2023
$16.4M
$15.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Lincoln Electric Cooperative Inc

What does the Operations Manager of Lincoln Electric Cooperative Inc earn?

In 2024, the Operations Manager of Lincoln Electric Cooperative Inc received $220,978 in total compensation. This pay is in the top quarter for Operations Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Operations Manager pay at Lincoln Electric Cooperative Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Operations Manager at Lincoln Electric Cooperative Inc falls between the 75th and 90th percentiles.

What are Lincoln Electric Cooperative Inc's revenue and expenses?

In 2024, Lincoln Electric Cooperative Inc reported $16.4M in total revenue and $15.4M in total expenses on its IRS Form 990.

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