Skip to main content
Filing year 2024

NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE

Harlan, Iowa·EIN 42-0519838·501(c)(12)
Total revenue
$21.5M
Total assets
$54.7M
Total expenses
$20.4M
Reported officers
14
Mission

NISHNABOTNA VALLEY REC WILL PROVIDE SAFE AND RELIABLE ELECTRIC SERVICES TO OUR MEMBERS IN A VALUABLE, SUSTAINABLE, AND ENVIRONMENTALLY RESPONSIBLE MANNER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

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

Materials Coordinator/foreman
Highest Compensated Employee
Median to 75th percentile
$183k
$197k
Base
$128k
Bonus
Other
Benefits
$29k
Director of Operations
Median to 75th percentile
$175k
$189k
Base
$128k
Bonus
Other
Benefits
$26k
Foreman
Highest Compensated Employee
25th percentile to median
$161k
$173k
Base
$114k
Bonus
Other
Benefits
$26k
Journeyman
Highest Compensated Employee
25th percentile to median
$159k
$171k
Base
$114k
Bonus
Other
Benefits
$28k
Journeyman
Highest Compensated Employee
25th percentile to median
$152k
$164k
Base
$115k
Bonus
Other
Benefits
$22k
Manager of Administrative Services
Officer (Unspecified)
$129k
$139k
President
Below 10th percentile
$9k
$9k
Vice-president
Below 10th percentile
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Secretary-treasurer
Officer (Unspecified)
$4k
$5k
Director
Board Member
10th to 25th percentile
$4k
$5k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$4k

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.

Plus 1 unpaid individual.

Up 8%
from 2023

From $169k in 2023 to $183k in 2024.

$169k
2023
$183k
2024
In today's dollarsEst.
Up 6% in real terms$187k to $197k

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 11% from 2023 to 2024, while revenue rose 7%.

$164k in 2023 to $183k in 2024.
  • Chief Operating Officer pay rose 4% from 2023 to 2024.
  • Chief Executive Officer pay rose 16% 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

NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$20.1M
$18.9M
2023
$21.5M
$20.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE

What does the Highest Compensated Employee of NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE earn?

In 2024, the Highest Compensated Employee of NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE received $183,312 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 NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE compare with similar nonprofits?

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

What are NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE reported $21.5M in total revenue and $20.4M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.