Mission
TO PROVIDE SAFE, RELIABLE ELECTRIC SERVICES TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE.
Executive compensation, broken down
Form 990 · Schedule J · 14 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$399k
$429k
- Base
- $179k
- Bonus
- —
- Other
- $2k
- Benefits
- $32k
Operations Manager
highest compensated employee
$268k
$288k
- Base
- $135k
- Bonus
- —
- Other
- $1k
- Benefits
- $32k
Finance Manager
officer (unspecified)
$212k
$228k
- Base
- $135k
- Bonus
- —
- Other
- $681
- Benefits
- $36k
Foreman
highest compensated employee
$199k
$214k
- Base
- $122k
- Bonus
- —
- Other
- $908
- Benefits
- $14k
Foreman
highest compensated employee
$163k
$176k
- Base
- $124k
- Bonus
- —
- Other
- $210
- Benefits
- $14k
Sub-foreman
highest compensated employee
$159k
$171k
- Base
- $125k
- Bonus
- —
- Other
- $184
- Benefits
- $14k
Sub-foreman
highest compensated employee
$155k
$167k
- Base
- $121k
- Bonus
- —
- Other
- $173
- Benefits
- $14k
President
$12k
$13k
Vice President
vice president
$11k
$12k
Director
board member
$11k
$12k
Director
board member
$10k
$10k
Director
board member
$7k
$8k
Director/secretary-treasurer
officer (unspecified)
$7k
$7k
Secretary-treasurer - Part Year
officer (unspecified)
$4k
$5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $179k | — | $2k | $32k | $399k $429k |
Operations Manager highest compensated employee | $135k | — | $1k | $32k | $268k $288k |
Finance Manager officer (unspecified) | $135k | — | $681 | $36k | $212k $228k |
Foreman highest compensated employee | $122k | — | $908 | $14k | $199k $214k |
Foreman highest compensated employee | $124k | — | $210 | $14k | $163k $176k |
Sub-foreman highest compensated employee | $125k | — | $184 | $14k | $159k $171k |
Sub-foreman highest compensated employee | $121k | — | $173 | $14k | $155k $167k |
President | — | — | — | — | $12k $13k |
Vice President vice president | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $10k $10k |
Director board member | — | — | — | — | $7k $8k |
Director/secretary-treasurer officer (unspecified) | — | — | — | — | $7k $7k |
Secretary-treasurer - Part Year officer (unspecified) | — | — | — | — | $4k $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 40%
from 2023
From $284k in 2023 to $399k in 2024.
$284k
2023
$399k
2024
$284k
2023
$399k
2024
In today's dollarsEst.
Up 37% in real terms$314k to $429k
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 STAR ELECTRIC COOP reported revenue and expenses across 2 filing years.
RevenueExpenses
$16.1M
$16.1M
2023
$16.2M
$16.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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