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Filing year 2024

MCCONE ELECTRIC CO-OP INC

Circle, Montana·EIN 81-0216629·12
Total revenue
$11.5M
Total assets
$44.6M
Total expenses
$10.9M
Reported officers
13
Mission

To provide reliable, high-quality central station electrical power to its members at the lowest possible cost consistent with sound business practices, on a cooperative basis.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$203k
$216k
Base
$149k
Bonus
Other
Benefits
$28k
Manager of Finance & Administration
officer (unspecified)
$189k
$202k
Base
$114k
Bonus
Other
Benefits
$13k
Line Foreman
highest compensated employee
$113k
$120k
Base
$101k
Bonus
Other
Benefits
$1k
$33k
$35k
Director
board member
$32k
$34k
Director
board member
$32k
$34k
Treasurer
officer (unspecified)
$28k
$30k
Director
board member
$24k
$26k
Vice President
vice president
$24k
$26k
Secretary
officer (unspecified)
$23k
$25k
Director
board member
$23k
$25k
Director
board member
$7k
$8k
Director
board member
$3k
$4k

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.

Up 9%
from 2023

From $186k in 2023 to $203k in 2024.

$186k
2023
$203k
2024
In today's dollarsEst.
Up 6% in real terms$204k to $216k

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.

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

Revenue and expenses over time

MCCONE ELECTRIC CO-OP INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.5M
$9.9M
2023
$11.5M
$10.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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