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Filing year 2024

PKM ELECTRIC COOPERATIVE INC

Warren, Minnesota·EIN 41-0484875·12
Total revenue
$16.4M
Total assets
$41.6M
Total expenses
$15.8M
Reported officers
16
Mission

TO PROVIDE ELECTRIC SERVICE TO MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Base
$149k
Bonus
Other
Benefits
$7k
Operations Manager
highest compensated employee
$210k
$226k
Base
$117k
Bonus
Other
Benefits
$14k
Line Foreman/safety Coordinator
highest compensated employee
$177k
$190k
Base
$107k
Bonus
Other
Benefits
$14k
Line Foreman
highest compensated employee
$174k
$187k
Base
$131k
Bonus
Other
Benefits
$8k
Base
$121k
Bonus
Other
Benefits
$7k
Line Sub-foreman
highest compensated employee
$146k
$157k
Journeyman Lineworker
highest compensated employee
$134k
$144k
$13k
$14k
Vice President
vice president
$8k
$9k
Director
board member
$8k
$8k
Director
board member
$8k
$8k
Secretary Treasurer
officer (unspecified)
$7k
$8k
Director
board member
$7k
$8k
Director
board member
$6k
$7k
Director
board member
$6k
$7k
Director
board member
$6k
$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 1%
from 2023

From $219k in 2023 to $216k in 2024.

$219k
2023
$216k
2024
In today's dollarsEst.
Down 4% in real terms$242k to $233k

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

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

RevenueExpenses
$15.3M
$15.1M
2023
$16.4M
$15.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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