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Filing year 2024

Mountrail-Williams Electric Cooperative

Williston, North Dakota·EIN 45-0216732·501(c)(12)
Total revenue
$490.8M
Total assets
$957.5M
Total expenses
$488.8M
Reported officers
19
Mission

Mountrail-Williams Electric Cooperative is a member-owned cooperative that exists to meet the changing needs of its membership, to provide them with personal, excellent service and to keep them fully informed about their cooperative. Our mission includes playing a leadership role in the community and contributing to improving the quality of life in our service area. We seek to accomplish these purposes by providing professional and personal development opportunities for employees and directors. Further, we seek to meet our responsibilities through prudent management and with rates that are fair and equitable.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

CFO (jan-dec)
Above 90th percentile
$471k
$507k
Base
$244k
Bonus
$2k
Other
$4k
Benefits
$36k
General Manager (jan-dec)
General Manager
Above 90th percentile
$437k
$470k
Base
$346k
Bonus
$1k
Other
$2k
Benefits
$34k
Line Superintendent
Highest Compensated Employee
75th to 90th percentile
$364k
$392k
Base
$183k
Bonus
$2k
Other
$3k
Benefits
$30k
General Manager (until 4/24)
General Manager
75th to 90th percentile
$361k
$389k
Base
$110k
Bonus
$117k
Other
$12k
Benefits
$10k
Operations Superintendent
Highest Compensated Employee
75th to 90th percentile
$351k
$377k
Base
$183k
Bonus
$2k
Other
$2k
Benefits
$30k
Special Projects Manager
Highest Compensated Employee
75th to 90th percentile
$318k
$342k
Base
$205k
Bonus
$1k
Other
$9k
Benefits
$36k
In-house Legal Counsel
Highest Compensated Employee
75th to 90th percentile
$281k
$302k
Base
$205k
Bonus
$900
Other
$758
Benefits
$36k
Operations Manager
Above 90th percentile
$273k
$293k
Base
$197k
Bonus
$900
Other
$717
Benefits
$30k
CFO (as of 9/24)
25th percentile to median
$78k
$84k
Chairperson
Board Chair
Median to 75th percentile
$29k
$31k
Director
Board Member
Median to 75th percentile
$27k
$29k
Treasurer
Officer (Unspecified)
$20k
$22k
Director
Board Member
Median to 75th percentile
$19k
$21k
Director
Board Member
Median to 75th percentile
$19k
$21k
Secretary
Officer (Unspecified)
$17k
$19k
Vice Chairperson
Board Vice Chair
Median to 75th percentile
$16k
$18k
Director
Board Member
25th percentile to median
$11k
$11k
Director (as of 8/24)
Board Member
25th percentile to median
$6k
$7k
Director (until 4/24)
Board Member
25th percentile to median
$5k
$5k

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 7%
from 2023

From $509k in 2023 to $471k in 2024.

$509k
2023
$471k
2024
In today's dollarsEst.
Down 10% in real terms$562k to $507k

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

Chief Financial Officer pay rose 13% from 2023 to 2024, while revenue rose 6%.

$418k in 2023 to $471k in 2024.
  • General Manager pay fell 14% from 2023 to 2024.
  • Highest Compensated Employee pay rose 11% 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

Mountrail-Williams Electric Cooperative reported revenue and expenses across 2 filing years.

RevenueExpenses
$463.6M
$461.4M
2023
$490.8M
$488.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Mountrail-Williams Electric Cooperative

What does the Chief Financial Officer of Mountrail-Williams Electric Cooperative earn?

In 2024, the Chief Financial Officer of Mountrail-Williams Electric Cooperative received $470,915 in total compensation. This pay is in the top 10% for Chief Financial 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 Financial Officer pay at Mountrail-Williams Electric Cooperative compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at Mountrail-Williams Electric Cooperative falls in the top 10%.

What are Mountrail-Williams Electric Cooperative's revenue and expenses?

In 2024, Mountrail-Williams Electric Cooperative reported $490.8M in total revenue and $488.8M in total expenses on its IRS Form 990.

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