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Filing year 2024

NORTH CENTRAL ELECTRIC COOPERATIVE INC

Attica, Ohio·EIN 34-4316639·12
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 · Schedule J · 19 reported individuals · Filing year 2024

$182k
$196k
Base
$135k
Bonus
Other
Benefits
$9k
Lineman
highest compensated employee
$165k
$178k
Base
$112k
Bonus
Other
Benefits
$26k
Lineman
highest compensated employee
$154k
$165k
Base
$113k
Bonus
Other
Benefits
$26k
Lineman
highest compensated employee
$153k
$165k
Base
$112k
Bonus
Other
Benefits
$26k
Lineman
highest compensated employee
$146k
$157k
Lineman
highest compensated employee
$145k
$156k
Chief Operating Officer
$131k
$141k
Chief Financial Officer
$66k
$71k
Chief Administrative Offic
officer (unspecified)
$62k
$67k
Chief Strategy Officer
officer (unspecified)
$61k
$66k
Director
board member
$18k
$19k
Chair
board chair
$18k
$19k
Secretary
officer (unspecified)
$15k
$17k
Director
board member
$11k
$12k
Director
board member
$10k
$11k
Vice Chair
board vice chair
$10k
$11k
Treasurer
officer (unspecified)
$9k
$10k
Director
board member
$7k
$7k
Director
board member
$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.

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.
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