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Filing year 2024

MOR GRAN SOU ELECTRIC

Flasher, North Dakota·EIN 45-0217935·501(c)(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 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

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

Leadman
Key Employee
75th to 90th percentile
$259k
$279k
Base
$158k
Bonus
Other
Benefits
$12k
Senior Engineering Technic
Highest Compensated Employee
75th to 90th percentile
$238k
$256k
Base
$135k
Bonus
Other
Benefits
$35k
Engineering Technician
Highest Compensated Employee
Median to 75th percentile
$218k
$235k
Base
$131k
Bonus
Other
Benefits
$34k
Leadman
Highest Compensated Employee
Median to 75th percentile
$213k
$229k
Base
$136k
Bonus
Other
Benefits
$28k
Member Services Manager
Highest Compensated Employee
Median to 75th percentile
$210k
$225k
Base
$114k
Bonus
Other
Benefits
$25k
Area Forman
Highest Compensated Employee
Median to 75th percentile
$195k
$209k
Base
$130k
Bonus
Other
Benefits
$28k
Chairman
Board Chair
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$11k
$11k
Vice Chair
Board Vice Chair
25th percentile to median
$10k
$11k
Director
Officer (Unspecified)
$10k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Secretary-treasurer
Officer (Unspecified)
$8k
$8k
Director
Board Member
25th percentile to median
$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.

Pay for the position

Highest Compensated Employee pay rose 3% from 2023 to 2024, while revenue rose 1%.

$232k in 2023 to $238k in 2024.
  • Board Chair pay rose 13% from 2023 to 2024.
  • Board Member pay rose 8% 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

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.
FAQ

Common questions about MOR GRAN SOU ELECTRIC

What does the Key Employee of MOR GRAN SOU ELECTRIC earn?

In 2024, the Key Employee of MOR GRAN SOU ELECTRIC received $259,190 in total compensation. This pay is in the top quarter for Key Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at MOR GRAN SOU ELECTRIC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at MOR GRAN SOU ELECTRIC falls between the 75th and 90th percentiles.

What are MOR GRAN SOU ELECTRIC's revenue and expenses?

In 2024, MOR GRAN SOU ELECTRIC reported $24.5M in total revenue and $24.5M in total expenses on its IRS Form 990.

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