ALL ACTIVITIES ARE THE RESULT OF PROVIDING ELECTRICITY AND WATER TO MEMBERS AND OPERATING THE COMPANY IN A FISCALLY RESPONSIBLE MANNER CONSISTENT WITH THE PURPOSE OF THE MUTUAL CORPORATION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $435k
- Bonus
- $118k
- Other
- $11k
- Benefits
- $36k
- Base
- $277k
- Bonus
- —
- Other
- $801
- Benefits
- $34k
- Base
- $293k
- Bonus
- —
- Other
- $301
- Benefits
- $2k
- Base
- $199k
- Bonus
- —
- Other
- $1k
- Benefits
- $35k
- Base
- $274k
- Bonus
- —
- Other
- —
- Benefits
- $34k
- Base
- $224k
- Bonus
- —
- Other
- $266
- Benefits
- $35k
- Base
- $197k
- Bonus
- —
- Other
- $107
- Benefits
- $35k
- Base
- $241k
- Bonus
- —
- Other
- —
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $435k | $118k | $11k | $36k | $614k $655k |
Journeyman Lineman Highest Compensated Employee 75th to 90th percentile | $277k | — | $801 | $34k | $352k $375k |
Working Foreman Highest Compensated Employee 75th to 90th percentile | $293k | — | $301 | $2k | $335k $357k |
Cbo Officer (Unspecified) | $199k | — | $1k | $35k | $332k $354k |
Journeyman Lineman Highest Compensated Employee 75th to 90th percentile | $274k | — | — | $34k | $320k $342k |
Working Foreman Highest Compensated Employee 75th to 90th percentile | $224k | — | $266 | $35k | $291k $311k |
COO 75th to 90th percentile | $197k | — | $107 | $35k | $270k $288k |
Journeyman Lineman Highest Compensated Employee 75th to 90th percentile | $241k | — | — | $19k | $260k $277k |
President 10th to 25th percentile | — | — | — | — | $35k $37k |
Director Board Member Median to 75th percentile | — | — | — | — | $33k $36k |
Vice President 25th percentile to median | — | — | — | — | $32k $34k |
Secretary Officer (Unspecified) | — | — | — | — | $32k $34k |
Treasurer Officer (Unspecified) | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Down 24%
from 2023
From $810k in 2023 to $614k in 2024.
Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 24% from 2023 to 2024, while revenue rose 3%.
- Highest Compensated Employee pay rose 13% from 2023 to 2024.
- Chief Operating Officer pay rose 4% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
PENINSULA LIGHT COMPANY reported revenue and expenses across 2 filing years.
Common questions about PENINSULA LIGHT COMPANY
What does the Chief Executive Officer of PENINSULA LIGHT COMPANY earn?
In 2024, the Chief Executive Officer of PENINSULA LIGHT COMPANY received $613,775 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 PENINSULA LIGHT COMPANY compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PENINSULA LIGHT COMPANY falls in the top 10%.
What are PENINSULA LIGHT COMPANY's revenue and expenses?
In 2024, PENINSULA LIGHT COMPANY reported $68M in total revenue and $62.4M in total expenses on its IRS Form 990.
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