Mission
TO BE THE DYNAMIC REGIONAL PROVIDER OF SAFE, RELIABLE ENERGY PRODUCTS AND SERVICES, WORKING TO IMPROVE THE LIVES OF OUR MEMBER-OWNERS AND CUSTOMERS.
Executive compensation, broken down
Form 990 · Schedule J · 21 reported individuals · Filing year 2024
Chief Executive Officer
$731k
$786k
- Base
- $462k
- Bonus
- $34k
- Other
- $121k
- Benefits
- $10k
Assistant CEO & CFO
$612k
$658k
- Base
- $330k
- Bonus
- $19k
- Other
- $73k
- Benefits
- $31k
VP of Engineering & Operation
vice president
$397k
$427k
- Base
- $224k
- Bonus
- $283
- Other
- $10k
- Benefits
- $29k
Manager of Engineer & Operation
highest compensated employee
$373k
$401k
- Base
- $195k
- Bonus
- $280
- Other
- $8k
- Benefits
- $30k
CEO (until 03/24)
$367k
$395k
- Base
- $261k
- Bonus
- —
- Other
- $4k
- Benefits
- $7k
VP of Energy Services (until 11/24)
vice president
$334k
$359k
- Base
- $245k
- Bonus
- —
- Other
- $7k
- Benefits
- $20k
Operations Supervisor
highest compensated employee
$304k
$327k
- Base
- $171k
- Bonus
- $306
- Other
- $7k
- Benefits
- $29k
Manager of Operations & Engineering
highest compensated employee
$293k
$315k
- Base
- $185k
- Bonus
- $280
- Other
- $5k
- Benefits
- $32k
Accounting Manager
highest compensated employee
$268k
$288k
- Base
- $184k
- Bonus
- $280
- Other
- $6k
- Benefits
- $21k
VP of Human Resources
vice president
$240k
$258k
- Base
- $161k
- Bonus
- $306
- Other
- $6k
- Benefits
- $30k
Crew Foreman
highest compensated employee
$225k
$242k
- Base
- $159k
- Bonus
- $306
- Other
- $559
- Benefits
- $30k
President
$48k
$51k
Trustee
board member
$40k
$43k
Vice President
vice president
$38k
$41k
Trustee
board member
$32k
$34k
Trustee
board member
$29k
$31k
Secretary/treasurer
officer (unspecified)
$21k
$23k
Trustee
board member
$21k
$23k
Trustee
board member
$20k
$22k
Trustee
board member
$14k
$15k
Trustee
board member
$7k
$7k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer | $462k | $34k | $121k | $10k | $731k $786k |
Assistant CEO & CFO | $330k | $19k | $73k | $31k | $612k $658k |
VP of Engineering & Operation vice president | $224k | $283 | $10k | $29k | $397k $427k |
Manager of Engineer & Operation highest compensated employee | $195k | $280 | $8k | $30k | $373k $401k |
CEO (until 03/24) | $261k | — | $4k | $7k | $367k $395k |
VP of Energy Services (until 11/24) vice president | $245k | — | $7k | $20k | $334k $359k |
Operations Supervisor highest compensated employee | $171k | $306 | $7k | $29k | $304k $327k |
Manager of Operations & Engineering highest compensated employee | $185k | $280 | $5k | $32k | $293k $315k |
Accounting Manager highest compensated employee | $184k | $280 | $6k | $21k | $268k $288k |
VP of Human Resources vice president | $161k | $306 | $6k | $30k | $240k $258k |
Crew Foreman highest compensated employee | $159k | $306 | $559 | $30k | $225k $242k |
President | — | — | — | — | $48k $51k |
Trustee board member | — | — | — | — | $40k $43k |
Vice President vice president | — | — | — | — | $38k $41k |
Trustee board member | — | — | — | — | $32k $34k |
Trustee board member | — | — | — | — | $29k $31k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $21k $23k |
Trustee board member | — | — | — | — | $21k $23k |
Trustee board member | — | — | — | — | $20k $22k |
Trustee board member | — | — | — | — | $14k $15k |
Trustee board member | — | — | — | — | $7k $7k |
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.
Down 7%
from 2023
From $790k in 2023 to $731k in 2024.
$790k
2023
$731k
2024
$790k
2023
$731k
2024
In today's dollarsEst.
Down 10% in real terms$872k to $786k
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
PIONEER ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$84.5M
$81.2M
2023
$84.2M
$81M
2024
Total revenue and total expenses from IRS Form 990 filings.
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