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Filing year 2023

NORRIS ELECTRIC COOPERATIVE

Newton, Illinois·EIN 37-0442695·501(c)(12)
Total revenue
$51.6M
Total assets
$142.8M
Total expenses
$50.1M
Reported officers
18
Mission

TO PROVIDE ELECTRICITY AND OTHER SERVICES TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

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

Manager
Key Employee
75th to 90th percentile
$259k
$286k
Base
$211k
Bonus
Other
Benefits
$48k
Maint Lineman Journeyman
Highest Compensated Employee
Median to 75th percentile
$203k
$224k
Base
$155k
Bonus
Other
Benefits
$48k
Maint Lineman Journeyman
Highest Compensated Employee
Median to 75th percentile
$193k
$213k
Base
$143k
Bonus
Other
Benefits
$50k
Maint Lineman Journeyman
Highest Compensated Employee
Median to 75th percentile
$192k
$212k
Base
$142k
Bonus
Other
Benefits
$50k
Maint Lineman Journeyman
Highest Compensated Employee
Median to 75th percentile
$186k
$206k
Base
$146k
Bonus
Other
Benefits
$40k
Maint Lineman Journeyman
Highest Compensated Employee
Median to 75th percentile
$181k
$200k
Base
$143k
Bonus
Other
Benefits
$38k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$7k
$7k
President
Below 10th percentile
$7k
$7k
Secretary/director
Director (Operational)
Below 10th percentile
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Vice-president
Below 10th percentile
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$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
$3k
Director
Board Member
Below 10th percentile
$825
$911

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.

FAQ

Common questions about NORRIS ELECTRIC COOPERATIVE

What does the Key Employee of NORRIS ELECTRIC COOPERATIVE earn?

In 2023, the Key Employee of NORRIS ELECTRIC COOPERATIVE received $259,130 in total compensation. This pay is in the top quarter for Key Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at NORRIS ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Key Employee at NORRIS ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles.

What are NORRIS ELECTRIC COOPERATIVE's revenue and expenses?

In 2023, NORRIS ELECTRIC COOPERATIVE reported $51.6M in total revenue and $50.1M in total expenses on its IRS Form 990.

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