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Filing year 2024

NORTH WEST RURAL ELECTRIC COOPERATIVE

Orange City, Iowa·EIN 42-1404169·501(c)(12)
Total revenue
$61.5M
Total assets
$153.4M
Total expenses
$59.8M
Reported officers
18
Mission

WE WILL SAFELY AND EFFICIENTLY PROVIDE RELIABLE AND AFFORDABLE ELECTRIC SERVICE TO OUR MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$333k
$358k
Base
$275k
Bonus
Other
$8k
Benefits
$26k
Finance Director
Median to 75th percentile
$170k
$183k
Base
$136k
Bonus
Other
$4k
Benefits
$26k
Operations Director
Median to 75th percentile
$163k
$175k
Base
$132k
Bonus
Other
$1k
Benefits
$26k
Member Services Director
Highest Compensated Employee
25th percentile to median
$157k
$169k
Base
$123k
Bonus
Other
$2k
Benefits
$27k
Assistant Operations Director
Median to 75th percentile
$154k
$166k
Base
$125k
Bonus
Other
$385
Benefits
$26k
Lead Lineman
Highest Compensated Employee
25th percentile to median
$146k
$157k
Lead Lineman
Highest Compensated Employee
25th percentile to median
$145k
$156k
President
Below 10th percentile
$13k
$14k
Director
Board Member
25th percentile to median
$11k
$12k
(until 3/24)/asst S/t(as of 4/24)
Officer (Unspecified)
$11k
$12k
Director
Board Member
25th percentile to median
$9k
$10k
(until 3/24)/vp(as of 4/24)
Officer (Unspecified)
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Secretary
Officer (Unspecified)
$9k
$9k
Treasurer
Officer (Unspecified)
$8k
$8k
Director
Board Member
25th percentile to median
$7k
$8k
3/24)/director(as of 4/24)
Officer (Unspecified)
$7k
$8k
Director
Board Member
25th percentile to median
$6k
$6k

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.

Up 7%
from 2023

From $310k in 2023 to $333k in 2024.

$310k
2023
$333k
2024
In today's dollarsEst.
Up 5% in real terms$342k to $358k

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 rose 7% from 2023 to 2024, while revenue rose 7%.

$310k in 2023 to $333k in 2024.
  • Chief Financial Officer pay rose 7% from 2023 to 2024.
  • Chief Operating Officer pay rose 6% 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 WEST RURAL ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$57.6M
$55.8M
2023
$61.5M
$59.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NORTH WEST RURAL ELECTRIC COOPERATIVE

What does the Chief Executive Officer of NORTH WEST RURAL ELECTRIC COOPERATIVE earn?

In 2024, the Chief Executive Officer of NORTH WEST RURAL ELECTRIC COOPERATIVE received $332,510 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTH WEST RURAL ELECTRIC COOPERATIVE 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 WEST RURAL ELECTRIC COOPERATIVE falls in the top 10%.

What are NORTH WEST RURAL ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, NORTH WEST RURAL ELECTRIC COOPERATIVE reported $61.5M in total revenue and $59.8M in total expenses on its IRS Form 990.

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