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Filing year 2023

Monroe County Electric Cooperative Inc

Waterloo, Illinois·EIN 37-0425335·501(c)(12)
Total revenue
$18.9M
Total assets
$53M
Total expenses
$18.9M
Reported officers
16
Mission

As a member owned organization, Monroe County Electric Cooperatives mission is to provide and maintain quality electric and related services for the benefit and well-being of its members.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentile
$343k
$375k
Base
$215k
Bonus
Other
Benefits
$25k
Operations Supervisor
Highest Compensated Employee
Median to 75th percentile
$211k
$230k
Base
$152k
Bonus
Other
Benefits
$23k
Foreman
Highest Compensated Employee
Median to 75th percentile
$207k
$226k
Base
$137k
Bonus
Other
Benefits
$13k
Foreman
Highest Compensated Employee
Median to 75th percentile
$183k
$200k
Base
$133k
Bonus
Other
Benefits
$23k
Foreman
Highest Compensated Employee
Median to 75th percentile
$175k
$191k
Base
$127k
Bonus
Other
Benefits
$23k
CFO
Median to 75th percentile
$152k
$166k
Base
$106k
Bonus
Other
Benefits
$22k
Journeyman
Highest Compensated Employee
25th percentile to median
$150k
$164k
Base
$129k
Bonus
Other
Benefits
$13k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$7k
$7k
Director
Board Member
25th percentile to median
$5k
$6k
Diarector
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
10th to 25th percentile
$4k
$5k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

FAQ

Common questions about Monroe County Electric Cooperative Inc

What does the Chief Executive Officer of Monroe County Electric Cooperative Inc earn?

In 2023, the Chief Executive Officer of Monroe County Electric Cooperative Inc received $342,938 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 Monroe County Electric Cooperative Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Monroe County Electric Cooperative Inc falls in the top 10%.

What are Monroe County Electric Cooperative Inc's revenue and expenses?

In 2023, Monroe County Electric Cooperative Inc reported $18.9M in total revenue and $18.9M in total expenses on its IRS Form 990.

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