TO MAKE AVAILABLE AND TO SERVE ALL CONSUMERS WITHIN ITS BOUNDARIES WITH ELECTRIC ENERGY. TO ENSURE AN ADEQUATE SOURCE OF CENTRAL STATION POWER AND WORK TO MAKE THAT ENERGY AS RELIABLE AS POSSIBLE AT THE LOWEST COST POSSIBLE.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
- Base
- $279k
- Bonus
- —
- Other
- $5k
- Benefits
- $6k
- Base
- $178k
- Bonus
- —
- Other
- $915
- Benefits
- $4k
- Base
- $179k
- Bonus
- —
- Other
- $1k
- Benefits
- $8k
- Base
- $176k
- Bonus
- —
- Other
- $643
- Benefits
- $6k
- Base
- $146k
- Bonus
- —
- Other
- $721
- Benefits
- $2k
- Base
- $159k
- Bonus
- —
- Other
- $295
- Benefits
- $2k
- Base
- $149k
- Bonus
- —
- Other
- $170
- Benefits
- $114
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $279k | — | $5k | $6k | $322k $346k |
Director of Accounting and Finance | $178k | — | $915 | $4k | $222k $239k |
Director of Engineering Se highest compensated employee | $179k | — | $1k | $8k | $217k $234k |
Director of Operations | $176k | — | $643 | $6k | $210k $226k |
Construction Manager highest compensated employee | $146k | — | $721 | $2k | $178k $192k |
Substation Technician Foreman highest compensated employee | $159k | — | $295 | $2k | $177k $191k |
Journeyman Lineman highest compensated employee | $149k | — | $170 | $114 | $158k $170k |
Director board member | — | — | — | — | $32k $34k |
Vice President vice president | — | — | — | — | $32k $34k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $31k $33k |
President | — | — | — | — | $31k $33k |
Director-at-large board member | — | — | — | — | $30k $33k |
Director board member | — | — | — | — | $29k $32k |
Director board member | — | — | — | — | $29k $31k |
Director board member | — | — | — | — | $28k $30k |
Director board member | — | — | — | — | $27k $29k |
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 11%
from 2023
From $291k in 2023 to $322k in 2024.
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.
Revenue and expenses over time
MCKENZIE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
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