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Filing year 2024

MOR GRAN SOU ELECTRIC

Flasher, North Dakota·EIN 45-0217935·12
Total revenue
$24.5M
Total assets
$111.8M
Total expenses
$24.5M
Reported officers
18
Mission

MOR-GRAN-SOU ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING AFFORADABLE, RELIABLE ENERGY & SERVICES THAT SUPPORT AND UNITE OUR MEMBER-OWNERS.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

Leadman
key employee
$259k
$279k
Base
$158k
Bonus
Other
Benefits
$12k
Senior Engineering Technic
highest compensated employee
$238k
$256k
Base
$135k
Bonus
Other
Benefits
$35k
Engineering Technician
highest compensated employee
$218k
$235k
Base
$131k
Bonus
Other
Benefits
$34k
Leadman
highest compensated employee
$213k
$229k
Base
$136k
Bonus
Other
Benefits
$28k
Member Services Manager
highest compensated employee
$210k
$225k
Base
$114k
Bonus
Other
Benefits
$25k
Area Forman
highest compensated employee
$195k
$209k
Base
$130k
Bonus
Other
Benefits
$28k
Chairman
board chair
$13k
$14k
Director
board member
$11k
$11k
Vice Chair
board vice chair
$10k
$11k
Director
officer (unspecified)
$10k
$10k
Director
board member
$9k
$10k
Director
board member
$9k
$9k
Director
board member
$8k
$9k
Secretary-treasurer
officer (unspecified)
$8k
$8k
Director
board member
$7k
$8k

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 3 unpaid individuals.

Up 12%
from 2023

From $232k in 2023 to $259k in 2024.

$232k
2023
$259k
2024
In today's dollarsEst.
Up 9% in real terms$256k to $279k

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

MOR GRAN SOU ELECTRIC reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.3M
$24.3M
2023
$24.5M
$24.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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