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Filing year 2024

PEOPLE'S COOPERATIVE SERVICES

Oronoco, Minnesota·EIN 41-0473341·12
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 · Schedule J · 14 reported individuals · Filing year 2024

$412k
$443k
Base
$272k
Bonus
$205
Other
$10k
Benefits
$22k
Base
$149k
Bonus
$1k
Other
$707
Benefits
$39k
Vice President of Information and Services
vice president
$232k
$249k
Base
$153k
Bonus
$217
Other
$762
Benefits
$39k
Vice President of Cooperative Relations
vice president
$229k
$247k
Base
$152k
Bonus
$217
Other
$762
Benefits
$40k
Lineworker
highest compensated employee
$206k
$221k
Base
$153k
Bonus
$249
Other
$159
Benefits
$39k
Vice President of Operations
vice president
$197k
$212k
Base
$135k
Bonus
$217
Other
$1k
Benefits
$38k
Lineworker
highest compensated employee
$192k
$207k
Base
$134k
Bonus
$217
Other
$199
Benefits
$41k
Board Treasurer
board treasurer
$28k
$30k
Director
board member
$24k
$26k
Board Vice Chair
board chair
$22k
$24k
Board Chair
board chair
$20k
$21k
Director
board member
$20k
$21k
Director
board member
$19k
$21k
Board Secretary
board secretary
$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.

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.
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