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Filing year 2024

PIONEER RURAL ELECTRIC COOPERATIVE INC

Piqua, Ohio·EIN 31-0407700·12
Total revenue
$83.5M
Total assets
$152.1M
Total expenses
$83.5M
Reported officers
18
Mission

Committed to exceeding the energy needs and expectations of our consumer-members by providing safe, high quality and responsive service at fair prices.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

$338k
$364k
Base
$217k
Bonus
Other
$7k
Benefits
$22k
Vice President/cfo
$269k
$289k
Base
$179k
Bonus
Other
$21k
Benefits
$27k
Director of Tech Services and Engring
highest compensated employee
$268k
$288k
Base
$150k
Bonus
Other
$31k
Benefits
$27k
Director of Operations & Safety
$258k
$277k
Base
$140k
Bonus
Other
$21k
Benefits
$27k
Manager of Engineering
highest compensated employee
$234k
$252k
Base
$157k
Bonus
Other
$17k
Benefits
$27k
$228k
$245k
Base
$103k
Bonus
Other
$7k
Benefits
$9k
Manager of Community & Gov't Relations
highest compensated employee
$221k
$238k
Base
$124k
Bonus
Other
$31k
Benefits
$22k
Leader Lineman
highest compensated employee
$176k
$189k
Base
$121k
Bonus
Other
$14k
Benefits
$26k
Chair
board chair
$18k
$19k
Secretary
officer (unspecified)
$17k
$19k
First Vice Chair
board chair
$16k
$17k
Board Member
board member
$15k
$16k
Treasurer
officer (unspecified)
$14k
$15k
Second Vice Chair
board chair
$14k
$15k
Board Member
board member
$14k
$15k
Board Member
board member
$13k
$14k
Board Member
board member
$10k
$11k
Board Member Emeritus
board member
$5k
$5k

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 18%
from 2023

From $410k in 2023 to $338k in 2024.

$410k
2023
$338k
2024
In today's dollarsEst.
Down 20% in real terms$453k to $364k

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 RURAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$76.7M
$76.7M
2023
$83.5M
$83.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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