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Filing year 2024

ORCAS POWER & LIGHT COOPERATIVE

Eastsound, Washington·EIN 91-0348358·12
Total revenue
$40.9M
Total assets
$148.5M
Total expenses
$40.8M
Reported officers
16
Mission

THE COOPERATIVE SERVES ITS MEMBERS WITH SAFE, RELIABLE, COST EFFECTIVE, AND ENVIRONMENTALLY SENSITIVE UTILITY SERVICES.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$650k
$692k
Base
$366k
Bonus
Other
$14k
Benefits
$46k
Manager of Finance & Member Services
officer (unspecified)
$328k
$349k
Base
$199k
Bonus
$6k
Other
$4k
Benefits
$36k
Manager of Engineering & Operations
key employee
$321k
$341k
Base
$219k
Bonus
$6k
Other
$12k
Benefits
$44k
Foreman
highest compensated employee
$271k
$289k
Base
$150k
Bonus
Other
$54k
Benefits
$26k
Foreman
highest compensated employee
$266k
$283k
Base
$150k
Bonus
Other
$59k
Benefits
$26k
Substation Maintenance Technician
highest compensated employee
$263k
$280k
Base
$145k
Bonus
Other
$63k
Benefits
$25k
Journeyman/lineman
highest compensated employee
$263k
$280k
Base
$142k
Bonus
Other
$61k
Benefits
$25k
Substation Maintenance Technician
highest compensated employee
$258k
$274k
Base
$144k
Bonus
Other
$61k
Benefits
$25k
Board Secretary
board secretary
$34k
$37k
Board President
board president
$32k
$34k
Director
board member
$20k
$22k
Board VP
board president
$8k
$8k
Director
board member
$6k
$6k
Director (thru 04/24)
board member
$4k
$4k
Director
board member
$3k
$3k
Director
board member
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

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

Up 7%
from 2023

From $608k in 2023 to $650k in 2024.

$608k
2023
$650k
2024
In today's dollarsEst.
Up 4% in real terms$665k to $692k

Estimated with BLS CPI-U for the West 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

ORCAS POWER & LIGHT COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$39.4M
$37.6M
2023
$40.9M
$40.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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