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Filing year 2024

LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION

Marion, Iowa·EIN 42-0381704·501(c)(12)
Total revenue
$70.6M
Total assets
$222.9M
Total expenses
$65.5M
Reported officers
14
Mission

PROVIDING ELECTRICAL SERVICE TO THE MEMBERS OF THE COOPERATIVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

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

Gm/ceo
Officer (Unspecified)
$391k
$421k
Base
$278k
Bonus
Other
Benefits
$62k
Engineering Manager
Highest Compensated Employee
75th to 90th percentile
$240k
$258k
Base
$175k
Bonus
Other
Benefits
$38k
Lineman
Highest Compensated Employee
Median to 75th percentile
$224k
$241k
Base
$157k
Bonus
Other
Benefits
$36k
HR Manager
Highest Compensated Employee
Median to 75th percentile
$209k
$225k
Base
$142k
Bonus
Other
Benefits
$33k
Principal Engineer
Highest Compensated Employee
Median to 75th percentile
$197k
$212k
Base
$141k
Bonus
Other
Benefits
$31k
Controller
75th to 90th percentile
$193k
$207k
Base
$139k
Bonus
Other
Benefits
$32k
Line Superintendent
Highest Compensated Employee
Median to 75th percentile
$191k
$205k
Base
$139k
Bonus
Other
Benefits
$29k
Secretary
Officer (Unspecified)
$30k
$32k
President
10th to 25th percentile
$27k
$29k
Asst Secretary
Officer (Unspecified)
$22k
$23k
Vice President
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$12k
$13k
Treasurer
Officer (Unspecified)
$10k
$11k
Director
Board Member
25th percentile to median
$9k
$10k

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 6%
from 2023

From $370k in 2023 to $391k in 2024.

$370k
2023
$391k
2024
In today's dollarsEst.
Up 3% in real terms$408k to $421k

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.

Pay for the position

Highest Compensated Employee pay rose 7% from 2023 to 2024, while revenue rose 2%.

$224k in 2023 to $240k in 2024.
  • Chief Executive Officer pay fell 9% from 2023 to 2024.
  • Vice President pay fell 28% 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

LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$69.4M
$61.3M
2023
$70.6M
$65.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION

What does the Highest Compensated Employee of LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION earn?

In 2024, the Highest Compensated Employee of LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION received $240,118 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 LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION falls between the 75th and 90th percentiles.

What are LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION's revenue and expenses?

In 2024, LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION reported $70.6M in total revenue and $65.5M in total expenses on its IRS Form 990.

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