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Filing year 2024

NEW MAC ELECTRIC COOPERATIVE INC

Neosho, Missouri·EIN 44-0371025·501(c)(12)
Total revenue
$51.7M
Total assets
$148.5M
Total expenses
$51.7M
Reported officers
15
Mission

TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.

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.

Ceo/gm
Officer (Unspecified)
$335k
$360k
Base
$245k
Bonus
Other
$8k
Benefits
$43k
Executive As
Highest Compensated Employee
Median to 75th percentile
$221k
$237k
Base
$182k
Bonus
Other
$1k
Benefits
$20k
Lineman
Highest Compensated Employee
Median to 75th percentile
$194k
$209k
Base
$156k
Bonus
Other
$1k
Benefits
$21k
Lineman
Highest Compensated Employee
Median to 75th percentile
$188k
$203k
Base
$154k
Bonus
Other
$270
Benefits
$21k
Lineman
Highest Compensated Employee
Median to 75th percentile
$184k
$198k
Base
$146k
Bonus
Other
$1k
Benefits
$21k
Lineman
Highest Compensated Employee
Median to 75th percentile
$181k
$195k
Base
$143k
Bonus
Other
$270
Benefits
$21k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
25th percentile to median
$7k
$7k
President
Board President
25th percentile to median
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k

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.

Up 11%
from 2023

From $301k in 2023 to $335k in 2024.

$301k
2023
$335k
2024
In today's dollarsEst.
Up 8% in real terms$332k to $360k

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 9% from 2023 to 2024, while revenue rose 8%.

$203k in 2023 to $221k in 2024.
  • Board Member pay fell 1% from 2023 to 2024.
  • Board President pay fell 10% 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 MAC ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$48M
$48M
2023
$51.7M
$51.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW MAC ELECTRIC COOPERATIVE INC

What does the Highest Compensated Employee of NEW MAC ELECTRIC COOPERATIVE INC earn?

In 2024, the Highest Compensated Employee of NEW MAC ELECTRIC COOPERATIVE INC received $220,733 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at NEW MAC ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at NEW MAC ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

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

In 2024, NEW MAC ELECTRIC COOPERATIVE INC reported $51.7M in total revenue and $51.7M in total expenses on its IRS Form 990.

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