AS A MEMBER-OWNED, NOT-FOR-PROFIT SERVICE ORGANIZATION, OUR MISSION IS TO PROVIDE AFFORDABLE, RELIABLE AND SAFE ELECTRIC SERVICE TO OUR MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
- Base
- $222k
- Bonus
- $20k
- Other
- $11k
- Benefits
- $34k
- Base
- $149k
- Bonus
- $8k
- Other
- $2k
- Benefits
- $30k
- Base
- $106k
- Bonus
- $6k
- Other
- $2k
- Benefits
- $32k
- Base
- $124k
- Bonus
- $2k
- Other
- $1k
- Benefits
- $26k
- Base
- $126k
- Bonus
- $7k
- Other
- $575
- Benefits
- $27k
- Base
- $100k
- Bonus
- $6k
- Other
- $1k
- Benefits
- $31k
- Base
- $107k
- Bonus
- $2k
- Other
- $654
- Benefits
- $29k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $222k | $20k | $11k | $34k | $360k $387k |
Manager of Operations key employee | $149k | $8k | $2k | $30k | $224k $240k |
Manager of It, Billing & Member Relations highest compensated employee | $106k | $6k | $2k | $32k | $190k $204k |
Lineman highest compensated employee | $124k | $2k | $1k | $26k | $180k $194k |
Manager of Finance/accounting highest compensated employee | $126k | $7k | $575 | $27k | $173k $186k |
Communications & Marketing Manager highest compensated employee | $100k | $6k | $1k | $31k | $167k $180k |
Line Foreman highest compensated employee | $107k | $2k | $654 | $29k | $164k $176k |
Vice Chairman board vice chair | — | — | — | — | $13k $14k |
Treasurer officer (unspecified) | — | — | — | — | $11k $12k |
Chairman board chair | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $11k |
Director board member | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $10k $11k |
Secretary officer (unspecified) | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $9k $9k |
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 7%
from 2023
From $337k in 2023 to $360k in 2024.
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.
Revenue and expenses over time
NOBLE COUNTY RURAL ELECTRIC MEMBERSHIP CORP C/O ADAM CHITWOOD reported revenue and expenses across 2 filing years.
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