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Filing year 2024

MIDWEST ELECTRIC INC

St Marys, Ohio·EIN 34-4304217·501(c)(12)
Total revenue
$41.3M
Total assets
$75.3M
Total expenses
$37.8M
Reported officers
17
Mission

TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS AND COMMUNITIES BY SAFELY PROVIDING RELIABLE ELECTRICITY, SUPERIOR CUSTOMER SERVICE, AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

Assistant Se
Officer (Unspecified)
$348k
$374k
Base
$221k
Bonus
$732
Other
$9k
Benefits
$15k
Mgr Fin & Cu
Officer (Unspecified)
$253k
$272k
Base
$151k
Bonus
$4k
Other
$5k
Benefits
$32k
Mgr Engineer
Key Employee
Median to 75th percentile
$240k
$258k
Base
$165k
Bonus
$5k
Other
$7k
Benefits
$15k
Lineman Firs
Highest Compensated Employee
Median to 75th percentile
$174k
$187k
Base
$130k
Bonus
$1k
Other
$935
Benefits
$32k
Lineman Firs
Highest Compensated Employee
Median to 75th percentile
$172k
$185k
Base
$127k
Bonus
$1k
Other
$965
Benefits
$14k
Mgr Admin Sv
Highest Compensated Employee
Median to 75th percentile
$168k
$181k
Base
$126k
Bonus
$2k
Other
$4k
Benefits
$22k
Lineman Firs
Highest Compensated Employee
25th percentile to median
$148k
$159k
Lineman Firs
Highest Compensated Employee
25th percentile to median
$145k
$156k
President
10th to 25th percentile
$16k
$17k
Trustee
Board Member
25th percentile to median
$13k
$14k
Vice Preside
Vice President
25th percentile to median
$12k
$13k
Secretary-tr
Officer (Unspecified)
$12k
$13k
Trustee
Board Member
25th percentile to median
$11k
$12k
Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$6k
$6k
Trustee
Board Member
10th to 25th percentile
$3k
$3k

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 3%
from 2023

From $337k in 2023 to $348k in 2024.

$337k
2023
$348k
2024
In today's dollarsEst.
Roughly flat in real terms$372k to $374k

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

Key Employee pay rose 4% from 2023 to 2024, while revenue rose 13%.

$232k in 2023 to $240k in 2024.
  • Highest Compensated Employee pay rose 2% from 2023 to 2024.
  • Chief Executive Officer pay fell 4% 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

MIDWEST ELECTRIC INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$36.5M
$34.2M
2023
$41.3M
$37.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MIDWEST ELECTRIC INC

What does the Key Employee of MIDWEST ELECTRIC INC earn?

In 2024, the Key Employee of MIDWEST ELECTRIC INC received $240,088 in total compensation. This pay is above the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at MIDWEST ELECTRIC INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at MIDWEST ELECTRIC INC falls between the median and the 75th percentile.

What are MIDWEST ELECTRIC INC's revenue and expenses?

In 2024, MIDWEST ELECTRIC INC reported $41.3M in total revenue and $37.8M in total expenses on its IRS Form 990.

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