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Filing year 2024

MOREAU GRAND ELECTRIC COOPERATIVE

Timber Lake, South Dakota·EIN 46-0214198·12
Total revenue
$7.7M
Total assets
$59.8M
Total expenses
$7.2M
Reported officers
14
Mission

COOPERATIVE -- ELECTRIC ENERGY TO MEMBERS

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

Manager
officer (unspecified)
$199k
$214k
Base
$158k
Bonus
Other
Benefits
$16k
Operations/m
highest compensated employee
$158k
$170k
Base
$125k
Bonus
Other
Benefits
$13k
Line Foreman
highest compensated employee
$155k
$167k
Base
$102k
Bonus
Other
Benefits
$27k
Sec/treasure
officer (unspecified)
$7k
$7k
Director
board member
$6k
$7k
Director
board member
$6k
$6k
Director
board member
$6k
$6k
Director
board member
$6k
$6k
Director
board member
$6k
$6k
Director
board member
$5k
$5k
Vice Preside
vice president
$5k
$5k
Director
board member
$5k
$5k
Director
board member
$2k
$2k

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.

Down 2%
from 2023

From $203k in 2023 to $199k in 2024.

$203k
2023
$199k
2024
In today's dollarsEst.
Down 5% in real terms$224k to $214k

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

MOREAU GRAND ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.7M
$6.9M
2023
$7.7M
$7.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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