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Filing year 2023

MCLEOD COOPERATIVE POWER ASSOCIATION

Glencoe, Minnesota·EIN 41-0403745·501(c)(12)
Total revenue
$23.1M
Total assets
$84.2M
Total expenses
$23.2M
Reported officers
16
Mission

TO DELIVER ENERGY AND OTHER SERVICES THAT WILL IMPROVE THE QUALITY OF LIFE FOR OUR CUSTOMERS, AND TO MAXIMIZE CUSTOMER SATISFACTION BY DELIVERING THOSE SERVICES IN THE MOST FRIENDLY, SAFE, RELIABLE AND COMPETITIVE MANNER POSSIBLE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

CEO
75th to 90th percentile
$262k
$289k
Base
$191k
Bonus
$150
Other
$1k
Benefits
$42k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$188k
$208k
Base
$114k
Bonus
$150
Other
$1k
Benefits
$39k
Manager of Information Systems
Highest Compensated Employee
Median to 75th percentile
$180k
$199k
Base
$113k
Bonus
$250
Other
$577
Benefits
$36k
Manager of Finance
Finance Manager
75th to 90th percentile
$179k
$197k
Base
$118k
Bonus
$150
Other
$377
Benefits
$46k
Operations Manager
Median to 75th percentile
$176k
$195k
Base
$121k
Bonus
$250
Other
$413
Benefits
$40k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$176k
$194k
Base
$119k
Bonus
$250
Other
$496
Benefits
$35k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$172k
$190k
Base
$115k
Bonus
$250
Other
$308
Benefits
$40k
Secretary Treasurer
Officer (Unspecified)
$11k
$12k
President
Below 10th percentile
$7k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Asst. Secretary Treasurer
Officer (Unspecified)
$6k
$6k
Vice President
10th to 25th percentile
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
10th to 25th percentile
$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.

FAQ

Common questions about MCLEOD COOPERATIVE POWER ASSOCIATION

What does the Chief Executive Officer of MCLEOD COOPERATIVE POWER ASSOCIATION earn?

In 2023, the Chief Executive Officer of MCLEOD COOPERATIVE POWER ASSOCIATION received $261,764 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MCLEOD COOPERATIVE POWER ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MCLEOD COOPERATIVE POWER ASSOCIATION falls between the 75th and 90th percentiles.

What are MCLEOD COOPERATIVE POWER ASSOCIATION's revenue and expenses?

In 2023, MCLEOD COOPERATIVE POWER ASSOCIATION reported $23.1M in total revenue and $23.2M in total expenses on its IRS Form 990.

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