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Filing year 2024

MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION

Litchfield, Minnesota·EIN 41-0404900·501(c)(12)
Total revenue
$31.9M
Total assets
$128.7M
Total expenses
$31.8M
Reported officers
18
Mission

TO ENERGIZE AND CONNECT THE COOPERATIVE'S MEMBERS AND CUSTOMERS, ENHANCING THEIR LIVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$376k
$404k
Base
$234k
Bonus
Other
$43k
Benefits
$20k
Operations Supervisor
Highest Compensated Employee
Median to 75th percentile
$234k
$252k
Base
$145k
Bonus
Other
$8k
Benefits
$19k
Broadband Operations Mgr
Operations Manager
75th to 90th percentile
$227k
$244k
Base
$181k
Bonus
Other
$2k
Benefits
$20k
Energy Services Manager
Highest Compensated Employee
Median to 75th percentile
$207k
$222k
Base
$154k
Bonus
Other
$9k
Benefits
$10k
Finance Manager
Above 90th percentile
$205k
$221k
Base
$160k
Bonus
Other
$2k
Benefits
$19k
Foreman
Highest Compensated Employee
Median to 75th percentile
$183k
$197k
Base
$142k
Bonus
Other
$312
Benefits
$19k
Foreman
Highest Compensated Employee
Median to 75th percentile
$178k
$191k
Base
$125k
Bonus
Other
$6k
Benefits
$20k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$11k
$12k
President
Board President
25th percentile to median
$11k
$12k
Secretary
Board Secretary
Median to 75th percentile
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$10k
Vice President
Board Vice President
25th percentile to median
$9k
$10k
Treasurer
Board Treasurer
Median to 75th percentile
$9k
$9k
Director (thru Aug 2024)
Board Member
25th percentile to median
$6k
$6k
Director (started Aug 2024)
Board Member
10th to 25th percentile
$4k
$4k
Director (thru April 2024)
Board Member
10th to 25th percentile
$2k
$2k
Director (started Nov 2024)
Board Member
Below 10th percentile
$1k
$1k

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 4%
from 2023

From $360k in 2023 to $376k in 2024.

$360k
2023
$376k
2024
In today's dollarsEst.
Up 2% in real terms$398k to $404k

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.

Pay for the position

Chief Executive Officer pay rose 20% from 2023 to 2024, while revenue rose 2%.

$312k in 2023 to $376k in 2024.
  • Highest Compensated Employee pay rose 15% from 2023 to 2024.
  • Finance Manager pay rose 6% 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

MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$31.3M
$31.9M
2023
$31.9M
$31.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION

What does the Chief Executive Officer of MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION earn?

In 2024, the Chief Executive Officer of MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION received $375,624 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION falls in the top 10%.

What are MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION's revenue and expenses?

In 2024, MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION reported $31.9M in total revenue and $31.8M in total expenses on its IRS Form 990.

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