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Filing year 2024

MARIAS RIVER ELECTRIC COOPERATIVE INC

Shelby, Montana·EIN 81-0218128·NTEE W80Z · Public & Societal Benefit·501(c)(12)
Total revenue
$8.4M
Total assets
$22M
Total expenses
$8.4M
Reported officers
15
Mission

PROVIDE ELECTRICAL POWER TO RURAL NORTHERN MONTANA

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Manager
Officer (Unspecified)
$192k
$205k
Base
$141k
Bonus
Other
Benefits
$37k
Operations Superintendent
Highest Compensated Employee
Median to 75th percentile
$190k
$203k
Base
$123k
Bonus
Other
Benefits
$37k
Foreman
Highest Compensated Employee
25th percentile to median
$165k
$176k
Base
$127k
Bonus
Other
Benefits
$18k
Mapping Tech/journeyman
Highest Compensated Employee
25th percentile to median
$152k
$161k
Base
$115k
Bonus
Other
Benefits
$18k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$145k
$155k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$144k
$154k
President
Below 10th percentile
$6k
$6k
Trustee
Board Member
10th to 25th percentile
$4k
$5k
Secretary/treasurer
Officer (Unspecified)
$4k
$4k
Trustee
Board Member
10th to 25th percentile
$4k
$4k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
Vice President
10th to 25th percentile
$3k
$3k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
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 West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MARIAS RIVER ELECTRIC COOPERATIVE INC equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
2%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 8%
from 2023

From $178k in 2023 to $192k in 2024.

$178k
2023
$192k
2024
In today's dollarsEst.
Up 5% in real terms$195k to $205k

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

Highest Compensated Employee pay rose 7% from 2023 to 2024, while revenue rose 8%.

$178k in 2023 to $190k in 2024.
  • Chief Executive Officer pay fell 29% from 2023 to 2024.
  • Board Member pay fell 21% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MARIAS RIVER ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of MARIAS RIVER ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of MARIAS RIVER ELECTRIC COOPERATIVE INC received $190,287 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Public & Societal Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at MARIAS RIVER ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Highest Compensated Employee at MARIAS RIVER ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at MARIAS RIVER ELECTRIC COOPERATIVE INC equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are MARIAS RIVER ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, MARIAS RIVER ELECTRIC COOPERATIVE INC reported $8.4M in total revenue and $8.4M in total expenses on its IRS Form 990.

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