Mission
Midstate Electric Cooperative provides cost-effective reliable utility services to its members.
Executive compensation, broken down
Form 990 · Schedule J · 18 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$544k
$579k
- Base
- $329k
- Bonus
- —
- Other
- $8k
- Benefits
- $49k
Working Foreman Area Coordinator
highest compensated employee
$331k
$353k
- Base
- $149k
- Bonus
- $36k
- Other
- $74k
- Benefits
- $34k
Accounting Manager
officer (unspecified)
$315k
$336k
- Base
- $186k
- Bonus
- —
- Other
- $5k
- Benefits
- $11k
Line Foreman
highest compensated employee
$265k
$282k
- Base
- $135k
- Bonus
- $780
- Other
- $56k
- Benefits
- $47k
Engineering Manager
key employee
$257k
$273k
- Base
- $187k
- Bonus
- —
- Other
- $4k
- Benefits
- $37k
Line Foreman
highest compensated employee
$249k
$265k
- Base
- $136k
- Bonus
- $2k
- Other
- $75k
- Benefits
- $19k
Serviceman
highest compensated employee
$248k
$264k
- Base
- $129k
- Bonus
- $1k
- Other
- $53k
- Benefits
- $30k
Information Services Manager
highest compensated employee
$236k
$251k
- Base
- $176k
- Bonus
- —
- Other
- $4k
- Benefits
- $8k
Operations Manager
key employee
$218k
$232k
- Base
- $176k
- Bonus
- —
- Other
- $6k
- Benefits
- $33k
Director
board member
$42k
$44k
Director
board member
$36k
$38k
Secretary / Treasurer
$34k
$37k
Director
board member
$34k
$36k
Chairman
board chair
$33k
$36k
Director
board member
$29k
$30k
Vice Chairman
board vice chair
$25k
$27k
Director
board member
$19k
$20k
Director
board member
$15k
$16k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $329k | — | $8k | $49k | $544k $579k |
Working Foreman Area Coordinator highest compensated employee | $149k | $36k | $74k | $34k | $331k $353k |
Accounting Manager officer (unspecified) | $186k | — | $5k | $11k | $315k $336k |
Line Foreman highest compensated employee | $135k | $780 | $56k | $47k | $265k $282k |
Engineering Manager key employee | $187k | — | $4k | $37k | $257k $273k |
Line Foreman highest compensated employee | $136k | $2k | $75k | $19k | $249k $265k |
Serviceman highest compensated employee | $129k | $1k | $53k | $30k | $248k $264k |
Information Services Manager highest compensated employee | $176k | — | $4k | $8k | $236k $251k |
Operations Manager key employee | $176k | — | $6k | $33k | $218k $232k |
Director board member | — | — | — | — | $42k $44k |
Director board member | — | — | — | — | $36k $38k |
Secretary / Treasurer | — | — | — | — | $34k $37k |
Director board member | — | — | — | — | $34k $36k |
Chairman board chair | — | — | — | — | $33k $36k |
Director board member | — | — | — | — | $29k $30k |
Vice Chairman board vice chair | — | — | — | — | $25k $27k |
Director board member | — | — | — | — | $19k $20k |
Director board member | — | — | — | — | $15k $16k |
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 15%
from 2023
From $474k in 2023 to $544k in 2024.
$474k
2023
$544k
2024
$474k
2023
$544k
2024
In today's dollarsEst.
Up 12% in real terms$519k to $579k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
MIDSTATE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$40.2M
$40.2M
2023
$44.7M
$44.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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