Mission
To promote and serve the needs of the member cooperatives.
Executive compensation, broken down
Form 990 · Schedule J · 2 reported individuals · Filing year 2024
Director of Safety & Loss
highest compensated employee
$258k
$278k
- Base
- $184k
- Bonus
- —
- Other
- $2k
- Benefits
- $15k
Safety & Loss Control Inst
highest compensated employee
$155k
$166k
- Base
- $120k
- Bonus
- —
- Other
- $376
- Benefits
- $11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Director of Safety & Loss highest compensated employee | $184k | — | $2k | $15k | $258k $278k |
Safety & Loss Control Inst highest compensated employee | $120k | — | $376 | $11k | $155k $166k |
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.
Plus 26 unpaid individuals.
Up 3%
from 2023
From $251k in 2023 to $258k in 2024.
$251k
2023
$258k
2024
$251k
2023
$258k
2024
In today's dollarsEst.
Roughly flat in real terms$277k to $278k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
Michigan Electric Cooperative Association reported revenue and expenses across 2 filing years.
RevenueExpenses
$3.2M
$3M
2023
$2.9M
$3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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