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Filing year 2024

MCCONE ELECTRIC CO-OP INC

Circle, Montana·EIN 81-0216629·501(c)(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 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager
Median to 75th percentile
$203k
$216k
Base
$149k
Bonus
Other
Benefits
$28k
Manager of Finance & Administration
Finance Manager
75th to 90th percentile
$189k
$202k
Base
$114k
Bonus
Other
Benefits
$13k
Line Foreman
Highest Compensated Employee
10th to 25th percentile
$113k
$120k
Base
$101k
Bonus
Other
Benefits
$1k
President
10th to 25th percentile
$33k
$35k
Director
Board Member
Median to 75th percentile
$32k
$34k
Director
Board Member
Median to 75th percentile
$32k
$34k
Treasurer
Officer (Unspecified)
$28k
$30k
Director
Board Member
Median to 75th percentile
$24k
$26k
Vice President
25th percentile to median
$24k
$26k
Director
Board Member
Median to 75th percentile
$23k
$25k
Secretary
Officer (Unspecified)
$23k
$25k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
10th to 25th percentile
$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.

Pay for the position

General Manager pay rose 9% from 2023 to 2024, while revenue held roughly steady.

$186k in 2023 to $203k in 2024.
  • Finance Manager pay rose 13% from 2023 to 2024.
  • Highest Compensated Employee pay rose 1% 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.
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.
FAQ

Common questions about MCCONE ELECTRIC CO-OP INC

What does the General Manager of MCCONE ELECTRIC CO-OP INC earn?

In 2024, the General Manager of MCCONE ELECTRIC CO-OP INC received $202,979 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at MCCONE ELECTRIC CO-OP INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at MCCONE ELECTRIC CO-OP INC falls between the median and the 75th percentile.

What are MCCONE ELECTRIC CO-OP INC's revenue and expenses?

In 2024, MCCONE ELECTRIC CO-OP INC reported $11.5M in total revenue and $10.9M in total expenses on its IRS Form 990.

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