PAYMENT OF HEALTH OR LIFE INSURANCE BENEFIT PREMIUMS FOR CURRENT AND FORMER EMPLOYEES OF MADISON GAS & ELECTRIC CO.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member 10th to 25th percentile | $2k $2k |
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.
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Board Member pay rose 21% from 2022 to 2023, while revenue rose 62%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).
See full Mutual & Membership Benefit compensation data →Common questions about MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST
What does the Board Member of MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST earn?
In 2023, the Board Member of MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST received $2,088 in total compensation. This pay is in the bottom quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST falls between the 10th and 25th percentiles. In 2023, the highest total compensation at MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST's revenue and expenses?
In 2023, MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT TRUST reported $813k in total revenue and $540k in total expenses on its IRS Form 990.
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