Mission
TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.
Executive compensation, broken down
Form 990 · Schedule J · 15 reported individuals · Filing year 2024
Base salaryBonusOther compensationBenefits
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Ceo/gm officer (unspecified) $335k $360k | |||||
Executive As highest compensated employee $221k $237k | |||||
Lineman highest compensated employee $194k $209k | |||||
Lineman highest compensated employee $188k $203k | |||||
Lineman highest compensated employee $184k $198k | |||||
Lineman highest compensated employee $181k $195k | |||||
Director board member $11k $12k | |||||
Director board member $9k $10k | |||||
Director board member $8k $9k | |||||
Director board member $7k $8k | |||||
Director board member $7k $8k | |||||
Director board member $7k $8k | |||||
Director board member $7k $7k | |||||
President board president $6k $7k | |||||
Director board member $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
$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.
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.
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