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Filing year 2024

NEW HAMPSHIRE ELECTRIC COOPERATIVE INC

Plymouth, New Hampshire·EIN 02-0172119·501(c)(12)
Total revenue
$176M
Total assets
$417.6M
Total expenses
$179.3M
Reported officers
27
Mission

OUR MISSION IS TO PROVIDE OUR MEMBERS WITH AFFORDABLE AND RELIABLE ELECTRIC AND BROADBAND SERVICE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 27 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$621k
$671k
Base
$426k
Bonus
$49k
Other
$8k
Benefits
$33k
Vp- Energy D
Key Employee
75th to 90th percentile
$365k
$394k
Base
$262k
Bonus
$2k
Other
$7k
Benefits
$22k
Cfo/vp of Fi
Officer (Unspecified)
$344k
$371k
Base
$230k
Bonus
$2k
Other
$7k
Benefits
$35k
VP of People
Board Vice President
Above 90th percentile
$339k
$366k
Base
$228k
Bonus
$2k
Other
$7k
Benefits
$27k
VP of Info.
Board Vice President
Above 90th percentile
$332k
$358k
Base
$228k
Bonus
$1k
Other
$8k
Benefits
$27k
VP of Operat
Board Vice President
Above 90th percentile
$326k
$353k
Base
$223k
Bonus
$2k
Other
$8k
Benefits
$37k
Lineworker
Highest Compensated Employee
75th to 90th percentile
$279k
$301k
Base
$202k
Bonus
$1k
Other
$168
Benefits
$33k
Lineworker
Highest Compensated Employee
75th to 90th percentile
$268k
$290k
Base
$196k
Bonus
$1k
Other
$148
Benefits
$29k
VP of Member
Board Vice President
75th to 90th percentile
$262k
$283k
Base
$228k
Bonus
$1k
Other
$9k
Benefits
$2k
Director of
Highest Compensated Employee
75th to 90th percentile
$254k
$274k
Base
$184k
Bonus
$2k
Other
$2k
Benefits
Lineworker
Highest Compensated Employee
75th to 90th percentile
$248k
$268k
Base
$185k
Bonus
$1k
Other
$149
Benefits
$35k
Lineworker
Highest Compensated Employee
75th to 90th percentile
$243k
$262k
Base
$203k
Bonus
$1k
Other
$112
Benefits
$11k
Board Chair
Median to 75th percentile
$39k
$42k
Assistant Tr
Officer (Unspecified)
$28k
$31k
Vice Chair
Board Vice Chair
Median to 75th percentile
$25k
$27k
Director
Board Member
Median to 75th percentile
$25k
$27k
Secretary
Officer (Unspecified)
$25k
$27k
Director
Board Member
Median to 75th percentile
$24k
$26k
Director
Board Member
Median to 75th percentile
$22k
$24k
Treasurer
Officer (Unspecified)
$18k
$20k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 6%
from 2023

From $584k in 2023 to $621k in 2024.

$584k
2023
$621k
2024
In today's dollarsEst.
Up 3% in real terms$652k to $671k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue fell 4%.

$584k in 2023 to $621k in 2024.
  • Board Vice President pay rose 4% from 2023 to 2024.
  • Highest Compensated Employee pay rose 20% 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

NEW HAMPSHIRE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$183.2M
$185.6M
2023
$176M
$179.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW HAMPSHIRE ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of NEW HAMPSHIRE ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of NEW HAMPSHIRE ELECTRIC COOPERATIVE INC received $621,291 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 NEW HAMPSHIRE ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NEW HAMPSHIRE ELECTRIC COOPERATIVE INC falls in the top 10%.

What are NEW HAMPSHIRE ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, NEW HAMPSHIRE ELECTRIC COOPERATIVE INC reported $176M in total revenue and $179.3M in total expenses on its IRS Form 990.

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