MODERN ELECTRIC WATER COMPANY, A CUSTOMER-OWNED UTILITY, STRIVES TO PROVIDE SAFE, RELIABLE, AND AFFORDABLE ELECTRIC AND WATER SERVICES AS WELL AS ENHANCE AND ENRICH THE LIVES OF THE COMMUNITY WE SERVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $307k
- Bonus
- —
- Other
- $5k
- Benefits
- $3k
- Base
- $171k
- Bonus
- —
- Other
- $796
- Benefits
- $4k
- Base
- $151k
- Bonus
- —
- Other
- $1k
- Benefits
- $4k
- Base
- $150k
- Bonus
- —
- Other
- $170
- Benefits
- $3k
- Base
- $144k
- Bonus
- —
- Other
- $202
- Benefits
- $4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $307k | — | $5k | $3k | $366k $401k |
Engineering Manager Key Employee Median to 75th percentile | $171k | — | $796 | $4k | $199k $218k |
Line Crew Foreman Highest Compensated Employee Median to 75th percentile | $151k | — | $1k | $4k | $184k $202k |
CFO Median to 75th percentile | $150k | — | $170 | $3k | $162k $178k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | $144k | — | $202 | $4k | $154k $169k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | — | — | — | — | $147k $160k |
Equipment Operator/installer Highest Compensated Employee 25th percentile to median | — | — | — | — | $134k $146k |
Journeyman Lineman Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $121k $133k |
Director Board Member 25th percentile to median | — | — | — | — | $13k $14k |
President Below 10th percentile | — | — | — | — | $12k $13k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $10k $11k |
Vice President 25th percentile to median | — | — | — | — | $9k $10k |
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 12%
from 2022
From $327k in 2022 to $366k in 2023.
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.
Chief Executive Officer pay rose 3439% from 2022 to 2023, while revenue rose 3%.
- Key Employee pay rose 11% from 2022 to 2023.
- Highest Compensated Employee pay rose 13% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
MODERN ELECTRIC WATER COMPANY reported revenue and expenses across 2 filing years.
Common questions about MODERN ELECTRIC WATER COMPANY
What does the Chief Executive Officer of MODERN ELECTRIC WATER COMPANY earn?
In 2023, the Chief Executive Officer of MODERN ELECTRIC WATER COMPANY received $366,265 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 MODERN ELECTRIC WATER COMPANY compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MODERN ELECTRIC WATER COMPANY falls in the top 10%.
What are MODERN ELECTRIC WATER COMPANY's revenue and expenses?
In 2023, MODERN ELECTRIC WATER COMPANY reported $22.4M in total revenue and $19.3M in total expenses on its IRS Form 990.
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