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Filing year 2024

Panhandle Rural Electric Membership Association

Alliance, Nebraska·EIN 47-0348046·12
Total revenue
$19.4M
Total assets
$43.2M
Total expenses
$15.8M
Reported officers
14
Mission

To provide safe, reliable, efficient, and reasonably priced electricity and services to its members to improve the quality of their lives

Executive compensation

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

Base salaryExecutive compensation
General Manager
officer (unspecified)
$190k
$205k
Operations Manager
highest compensated employee
$185k
$199k
Alliance Foreman
highest compensated employee
$181k
$195k
Hyannis Foreman
highest compensated employee
$171k
$184k
Lineman
highest compensated employee
$154k
$166k
Staking Engineer
highest compensated employee
$148k
$159k
$11k
$12k
Secretary - Treasurer
officer (unspecified)
$9k
$9k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Vice President
vice president
$3k
$4k
Director
board member
$3k
$3k
Director
former officer/director/trustee
$1k
$1k

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 18%
from 2023

From $161k in 2023 to $190k in 2024.

$161k
2023
$190k
2024
In today's dollarsEst.
Up 15% in real terms$178k to $205k

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

Panhandle Rural Electric Membership Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.1M
$14.5M
2023
$19.4M
$15.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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