Mission
TO BENEFIT MEMBER-OWNERS BY PROVIDING RELIABLE ELECTRICITY WITH EFFICIENCY AND EXTRAORDINARY SERVICE.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
Gm/ceo
officer (unspecified)
$420k
$452k
- Base
- $256k
- Bonus
- —
- Other
- —
- Benefits
- $34k
Operations M
highest compensated employee
$193k
$207k
- Base
- $123k
- Bonus
- —
- Other
- —
- Benefits
- $30k
Operations M
highest compensated employee
$186k
$200k
- Base
- $139k
- Bonus
- —
- Other
- —
- Benefits
- $32k
Accounting M
officer (unspecified)
$171k
$183k
- Base
- $112k
- Bonus
- —
- Other
- —
- Benefits
- $30k
Is Manager
highest compensated employee
$168k
$181k
- Base
- $136k
- Bonus
- —
- Other
- —
- Benefits
- $3k
Lineman
highest compensated employee
$153k
$164k
- Base
- $120k
- Bonus
- —
- Other
- —
- Benefits
- $18k
Lineman
highest compensated employee
$141k
$152k
Director
board member
$9k
$10k
Director
board member
$7k
$8k
President
board president
$7k
$8k
Director
board member
$7k
$8k
Director
board member
$6k
$6k
Director
board member
$4k
$5k
Vice-preside
vice president
$4k
$5k
Director
board member
$4k
$5k
Secretary/tr
board treasurer
$4k
$4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Gm/ceo officer (unspecified) | $256k | — | — | $34k | $420k $452k |
Operations M highest compensated employee | $123k | — | — | $30k | $193k $207k |
Operations M highest compensated employee | $139k | — | — | $32k | $186k $200k |
Accounting M officer (unspecified) | $112k | — | — | $30k | $171k $183k |
Is Manager highest compensated employee | $136k | — | — | $3k | $168k $181k |
Lineman highest compensated employee | $120k | — | — | $18k | $153k $164k |
Lineman highest compensated employee | — | — | — | — | $141k $152k |
Director board member | — | — | — | — | $9k $10k |
Director board member | — | — | — | — | $7k $8k |
President board president | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $6k $6k |
Director board member | — | — | — | — | $4k $5k |
Vice-preside vice president | — | — | — | — | $4k $5k |
Director board member | — | — | — | — | $4k $5k |
Secretary/tr board treasurer | — | — | — | — | $4k $4k |
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 $404k in 2023 to $420k in 2024.
$404k
2023
$420k
2024
$404k
2023
$420k
2024
In today's dollarsEst.
Up 1% in real terms$446k to $452k
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
POLK-BURNETT ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
RevenueExpenses
$39M
$37.6M
2023
$37.9M
$37.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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