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Filing year 2024

PEOPLE'S COOPERATIVE SERVICES

Oronoco, Minnesota·EIN 41-0473341·501(c)(12)
Total revenue
$58.3M
Total assets
$192.1M
Total expenses
$57M
Reported officers
14
Mission

TO DISTRIBUTE ELECTRICITY TO THE MEMBERS OF THE ELECTRIC COOPERATIVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

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

Ceo/president
Above 90th percentile
$412k
$443k
Base
$272k
Bonus
$205
Other
$10k
Benefits
$22k
CFO
75th to 90th percentile
$232k
$249k
Base
$149k
Bonus
$1k
Other
$707
Benefits
$39k
Vice President of Information and Services
Board Vice President
75th to 90th percentile
$232k
$249k
Base
$153k
Bonus
$217
Other
$762
Benefits
$39k
Vice President of Cooperative Relations
Board Vice President
75th to 90th percentile
$229k
$247k
Base
$152k
Bonus
$217
Other
$762
Benefits
$40k
Lineworker
Highest Compensated Employee
Median to 75th percentile
$206k
$221k
Base
$153k
Bonus
$249
Other
$159
Benefits
$39k
Vice President of Operations
Board Vice President
Median to 75th percentile
$197k
$212k
Base
$135k
Bonus
$217
Other
$1k
Benefits
$38k
Lineworker
Highest Compensated Employee
Median to 75th percentile
$192k
$207k
Base
$134k
Bonus
$217
Other
$199
Benefits
$41k
Board Treasurer
75th to 90th percentile
$28k
$30k
Director
Board Member
Median to 75th percentile
$24k
$26k
Board Vice Chair
Board Chair
25th percentile to median
$22k
$24k
Board Chair
25th percentile to median
$20k
$21k
Director
Board Member
Median to 75th percentile
$20k
$21k
Director
Board Member
Median to 75th percentile
$19k
$21k
Board Secretary
75th to 90th percentile
$19k
$20k

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 4%
from 2023

From $395k in 2023 to $412k in 2024.

$395k
2023
$412k
2024
In today's dollarsEst.
Up 2% in real terms$436k to $443k

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 4% from 2023 to 2024, while revenue rose 5%.

$395k in 2023 to $412k in 2024.
  • Chief Financial Officer pay rose 83% from 2023 to 2024.
  • Highest Compensated Employee pay fell 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

PEOPLE'S COOPERATIVE SERVICES reported revenue and expenses across 2 filing years.

RevenueExpenses
$55.6M
$55.3M
2023
$58.3M
$57M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PEOPLE'S COOPERATIVE SERVICES

What does the Chief Executive Officer of PEOPLE'S COOPERATIVE SERVICES earn?

In 2024, the Chief Executive Officer of PEOPLE'S COOPERATIVE SERVICES received $411,714 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 PEOPLE'S COOPERATIVE SERVICES compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PEOPLE'S COOPERATIVE SERVICES falls in the top 10%.

What are PEOPLE'S COOPERATIVE SERVICES's revenue and expenses?

In 2024, PEOPLE'S COOPERATIVE SERVICES reported $58.3M in total revenue and $57M in total expenses on its IRS Form 990.

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