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Filing year 2024

NORTHWESTERN RURAL ELECTRIC COOPERATIVE ASSOCIATION INC

Cambridge Springs, Pennsylvania·EIN 25-0696880·12
Total revenue
$23.1M
Total assets
$122.6M
Total expenses
$21.5M
Reported officers
19
Mission

NORTHWESTERN RURAL ELECTRIC COOPERATIVE, AS A MEMBER-OWNED ELECTRIC SERVICE UTILITY, WILL SEEK INNOVATIVE WAYS TO PROVIDE RELIABLE AND ECONOMICAL SERVICES TO IMPROVE THE OVERALL QUALITY OF LIFE IN OUR AREAS OF INFLUENCE.

Executive compensation, broken down

Form 990 · Schedule J · 19 reported individuals · Filing year 2024

$362k
$391k
Base
$254k
Bonus
$30k
Other
Benefits
$22k
Chief Operating Officer
$224k
$242k
Base
$169k
Bonus
$2k
Other
Benefits
$11k
Vice President & CFO
$223k
$240k
Base
$162k
Bonus
$4k
Other
Benefits
$16k
Group Leader
highest compensated employee
$219k
$236k
Base
$175k
Bonus
$185
Other
Benefits
$17k
Chief Lineman
highest compensated employee
$207k
$223k
Base
$164k
Bonus
$198
Other
Benefits
$17k
Chief Lineman
highest compensated employee
$197k
$213k
Base
$150k
Bonus
$198
Other
Benefits
$21k
Chief Lineman
highest compensated employee
$194k
$210k
Base
$151k
Bonus
$198
Other
Benefits
$17k
Chief Lineman
highest compensated employee
$189k
$204k
Base
$147k
Bonus
$198
Other
Benefits
$16k
Board Chair
board chair
$17k
$18k
Director
board member
$12k
$13k
Director
board member
$11k
$12k
Board Treasurer
board treasurer
$10k
$11k
Board Vice Chair
board chair
$10k
$11k
Director
board member
$10k
$10k
Director
board member
$9k
$10k
Board Secretary
board secretary
$9k
$10k
Director
board member
$8k
$9k
Director
board member
$7k
$7k
Board Vice Chair - Retired 2024
board chair
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 10%
from 2023

From $329k in 2023 to $362k in 2024.

$329k
2023
$362k
2024
In today's dollarsEst.
Up 6% in real terms$368k to $391k

Estimated with BLS CPI-U for the Northeast 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

NORTHWESTERN RURAL ELECTRIC COOPERATIVE ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$21.9M
$20.9M
2023
$23.1M
$21.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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