Mission
DELIVERING VALUE TO OUR MEMBERS AND COMMUNITIES BY PROVIDING SAFE, RELIABLE AND PROGRESSIVE ENERGY AND OTHER SERVICES.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
$283k
$305k
- Base
- $192k
- Bonus
- —
- Other
- $550
- Benefits
- $37k
$228k
$245k
- Base
- $123k
- Bonus
- —
- Other
- $6k
- Benefits
- $26k
Lineman/lead
highest compensated employee
$200k
$216k
- Base
- $120k
- Bonus
- —
- Other
- $2k
- Benefits
- $38k
Lineman/lead
highest compensated employee
$200k
$215k
- Base
- $123k
- Bonus
- —
- Other
- $642
- Benefits
- $38k
Lineman
highest compensated employee
$184k
$198k
- Base
- $121k
- Bonus
- —
- Other
- $173
- Benefits
- $35k
Lineman
highest compensated employee
$180k
$193k
- Base
- $120k
- Bonus
- —
- Other
- $138
- Benefits
- $37k
Lineman
highest compensated employee
$179k
$193k
- Base
- $121k
- Bonus
- —
- Other
- $156
- Benefits
- $29k
Secretary
board secretary
$16k
$17k
President
board president
$10k
$11k
Director
board member
$7k
$8k
Director
board member
$7k
$8k
Director
board member
$6k
$7k
Vice President
vice president
$6k
$7k
Treasurer
board treasurer
$6k
$6k
Director
board member
$5k
$6k
Director (joined June 2024)
board member
$5k
$5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $192k | — | $550 | $37k | $283k $305k |
CFO | $123k | — | $6k | $26k | $228k $245k |
Lineman/lead highest compensated employee | $120k | — | $2k | $38k | $200k $216k |
Lineman/lead highest compensated employee | $123k | — | $642 | $38k | $200k $215k |
Lineman highest compensated employee | $121k | — | $173 | $35k | $184k $198k |
Lineman highest compensated employee | $120k | — | $138 | $37k | $180k $193k |
Lineman highest compensated employee | $121k | — | $156 | $29k | $179k $193k |
Secretary board secretary | — | — | — | — | $16k $17k |
President board president | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $6k $7k |
Vice President vice president | — | — | — | — | $6k $7k |
Treasurer board treasurer | — | — | — | — | $6k $6k |
Director board member | — | — | — | — | $5k $6k |
Director (joined June 2024) board member | — | — | — | — | $5k $5k |
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 19%
from 2023
From $238k in 2023 to $283k in 2024.
$238k
2023
$283k
2024
$238k
2023
$283k
2024
In today's dollarsEst.
Up 16% in real terms$263k to $305k
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 ITASCA ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$9.3M
$9.3M
2023
$9.7M
$9.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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.
Create free account
Already a member? Sign in
Build a benchmark
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.