Mission
TO ENHANCE PEOPLE'S LIVES BY SAFELY PROVIDING THE MOST RELIABLE AND AFFORDABLE ELECTRIC SERVICE BY KEEPING OUR MEMBERS' BEST INTEREST IN MIND.
Executive compensation, broken down
Form 990 · Schedule J · 14 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$453k
$480k
- Base
- $273k
- Bonus
- $10k
- Other
- $16k
- Benefits
- $10k
Western Operations Officer
highest compensated employee
$212k
$225k
- Base
- $129k
- Bonus
- $6k
- Other
- $15k
- Benefits
- $10k
Central Operations Officer
highest compensated employee
$211k
$223k
- Base
- $153k
- Bonus
- $6k
- Other
- $15k
- Benefits
- $7k
Technical Services Officer
highest compensated employee
$199k
$212k
- Base
- $148k
- Bonus
- $6k
- Other
- $15k
- Benefits
- $6k
Financial Services Officer
officer (unspecified)
$196k
$207k
- Base
- $136k
- Bonus
- $6k
- Other
- $15k
- Benefits
- $10k
Lineman a
highest compensated employee
$194k
$206k
- Base
- $160k
- Bonus
- $6k
- Other
- $246
- Benefits
- $8k
Eastern Operations Officer
highest compensated employee
$182k
$194k
- Base
- $132k
- Bonus
- $4k
- Other
- $15k
- Benefits
- $6k
Director
board member
$43k
$45k
President
$37k
$39k
Director
board member
$33k
$35k
Vice President
vice president
$32k
$34k
Asst Secretary/treasurer
officer (unspecified)
$27k
$29k
Secretary/treasurer
officer (unspecified)
$26k
$28k
Director
board member
$24k
$25k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $273k | $10k | $16k | $10k | $453k $480k |
Western Operations Officer highest compensated employee | $129k | $6k | $15k | $10k | $212k $225k |
Central Operations Officer highest compensated employee | $153k | $6k | $15k | $7k | $211k $223k |
Technical Services Officer highest compensated employee | $148k | $6k | $15k | $6k | $199k $212k |
Financial Services Officer officer (unspecified) | $136k | $6k | $15k | $10k | $196k $207k |
Lineman a highest compensated employee | $160k | $6k | $246 | $8k | $194k $206k |
Eastern Operations Officer highest compensated employee | $132k | $4k | $15k | $6k | $182k $194k |
Director board member | — | — | — | — | $43k $45k |
President | — | — | — | — | $37k $39k |
Director board member | — | — | — | — | $33k $35k |
Vice President vice president | — | — | — | — | $32k $34k |
Asst Secretary/treasurer officer (unspecified) | — | — | — | — | $27k $29k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $26k $28k |
Director board member | — | — | — | — | $24k $25k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 9%
from 2023
From $414k in 2023 to $453k in 2024.
$414k
2023
$453k
2024
$414k
2023
$453k
2024
In today's dollarsEst.
Up 6% in real terms$452k to $480k
Estimated with BLS CPI-U for the South 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
MAGIC VALLEY ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$311.4M
$311.2M
2023
$310.9M
$310.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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