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Filing year 2024

NORTH CENTRAL ELECTRIC COOPERATIVE INC

Attica, Ohio·EIN 34-4316639·501(c)(12)
Total revenue
$34.5M
Total assets
$89M
Total expenses
$33.6M
Reported officers
19
Mission

TO PROVIDE OUR MEMBER-OWNERS WITH HIGHLY RELIABLE ELECTRIC SERVICE, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

President/ceo
75th to 90th percentile
$182k
$196k
Base
$135k
Bonus
Other
Benefits
$9k
Lineman
Highest Compensated Employee
25th percentile to median
$165k
$178k
Base
$112k
Bonus
Other
Benefits
$26k
Lineman
Highest Compensated Employee
25th percentile to median
$154k
$165k
Base
$113k
Bonus
Other
Benefits
$26k
Lineman
Highest Compensated Employee
25th percentile to median
$153k
$165k
Base
$112k
Bonus
Other
Benefits
$26k
Lineman
Highest Compensated Employee
25th percentile to median
$146k
$157k
Lineman
Highest Compensated Employee
25th percentile to median
$145k
$156k
Chief Operating Officer
25th percentile to median
$131k
$141k
Chief Financial Officer
25th percentile to median
$66k
$71k
Chief Administrative Offic
Officer (Unspecified)
$62k
$67k
Chief Strategy Officer
Officer (Unspecified)
$61k
$66k
Director
Board Member
Median to 75th percentile
$18k
$19k
Chair
Board Chair
25th percentile to median
$18k
$19k
Secretary
Officer (Unspecified)
$15k
$17k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$10k
$11k
Vice Chair
Board Vice Chair
25th percentile to median
$10k
$11k
Treasurer
Officer (Unspecified)
$9k
$10k
Director
Board Member
25th percentile to median
$7k
$7k
Director
Board Member
25th percentile to median
$7k
$7k

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.

Down 25%
from 2023

From $242k in 2023 to $182k in 2024.

$242k
2023
$182k
2024
In today's dollarsEst.
Down 27% in real terms$267k to $196k

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

Chief Executive Officer pay fell 25% from 2023 to 2024, while revenue rose 7%.

$242k in 2023 to $182k in 2024.
  • Highest Compensated Employee pay rose 32% from 2023 to 2024.
  • Chief Operating Officer pay rose 3% 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

NORTH CENTRAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$32.2M
$29.8M
2023
$34.5M
$33.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NORTH CENTRAL ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of NORTH CENTRAL ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of NORTH CENTRAL ELECTRIC COOPERATIVE INC received $182,313 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTH CENTRAL ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NORTH CENTRAL ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are NORTH CENTRAL ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, NORTH CENTRAL ELECTRIC COOPERATIVE INC reported $34.5M in total revenue and $33.6M in total expenses on its IRS Form 990.

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