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Filing year 2024

Maquoketa Valley Rural Electric Cooperat

Anamosa, Iowa·EIN 42-0394605·12
Total revenue
$45.6M
Total assets
$169.7M
Total expenses
$41.9M
Reported officers
18
Mission

We will be the utility of choice by providing reliable, quality services in a safe, respectful, environmentally responsible, cost-effective manner that benefits our members' quality of life and promotes the success of their local communities.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

Ceo/executive Vice President
vice president
$354k
$380k
Base
$258k
Bonus
Other
Benefits
$30k
Director of Operations
$238k
$256k
Base
$152k
Bonus
Other
Benefits
$27k
Chief Financial Officer
$226k
$243k
Base
$170k
Bonus
Other
Benefits
$32k
Director of IT
chief information officer
$216k
$233k
Base
$162k
Bonus
Other
Benefits
$26k
Director of Tech Services
highest compensated employee
$212k
$228k
Base
$135k
Bonus
Other
Benefits
$25k
Lead Lineman - Foreman
highest compensated employee
$176k
$189k
Base
$136k
Bonus
Other
Benefits
$29k
Lead Lineman - Foreman
highest compensated employee
$172k
$185k
Base
$130k
Bonus
Other
Benefits
$32k
Director/secretary
officer (unspecified)
$12k
$13k
Treasurer
officer (unspecified)
$11k
$12k
President/director
$11k
$12k
Director/assistant Secretary
officer (unspecified)
$11k
$11k
Vice President/president
$9k
$10k
Assistant Secretary (until Aug 2024)
officer (unspecified)
$7k
$8k
Director/secretary/vice President
$6k
$7k
Director (beg Aug 2024)
board member
$5k
$5k
Director (beg Aug 2024)
board member
$4k
$5k
Secretary/director
officer (unspecified)
$4k
$4k
Director (until Aug 2024)
board member
$4k
$4k

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 $336k in 2023 to $354k in 2024.

$336k
2023
$354k
2024
In today's dollarsEst.
Up 2% in real terms$371k to $380k

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

Revenue and expenses over time

Maquoketa Valley Rural Electric Cooperat reported revenue and expenses across 2 filing years.

RevenueExpenses
$44M
$41.3M
2023
$45.6M
$41.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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