Mission
To provide energy and other services to sustain and improve the quality of life for our members through the use of a cooperative business structure.
Executive compensation, broken down
Form 990 · Schedule J · 18 reported individuals · Filing year 2024
President & CEO (as of May 2024)
$230k
$247k
- Base
- $214k
- Bonus
- —
- Other
- $2k
- Benefits
- $16k
President & CEO (until June 2024)
$221k
$238k
- Base
- $188k
- Bonus
- —
- Other
- $5k
- Benefits
- $10k
Class a Lineman
highest compensated employee
$220k
$237k
- Base
- $177k
- Bonus
- —
- Other
- $288
- Benefits
- $34k
Working Foreman
highest compensated employee
$218k
$234k
- Base
- $180k
- Bonus
- $60
- Other
- $826
- Benefits
- $28k
Working Foreman
highest compensated employee
$217k
$233k
- Base
- $173k
- Bonus
- $30
- Other
- $475
- Benefits
- $34k
$192k
$207k
- Base
- $120k
- Bonus
- —
- Other
- $2k
- Benefits
- $40k
Staking Engineer
highest compensated employee
$182k
$196k
- Base
- $160k
- Bonus
- $30
- Other
- $826
- Benefits
- $13k
Class a Lineman
highest compensated employee
$172k
$186k
- Base
- $162k
- Bonus
- —
- Other
- $115
- Benefits
- $2k
Director Info Tech(until Aug 2024)
key employee
$171k
$183k
- Base
- $156k
- Bonus
- —
- Other
- $654
- Benefits
- $1k
Secretary/chairman
officer (unspecified)
$14k
$16k
Treasurer
officer (unspecified)
$14k
$15k
Vice Chairman/chairman/director
board member
$14k
$15k
Director
board member
$14k
$15k
Director
board member
$14k
$15k
Director/vice Chairman
board chair
$12k
$13k
Director/secretary
officer (unspecified)
$12k
$13k
Director
board member
$12k
$13k
Director (as of Nov 2024)
board member
$920
$990
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO (as of May 2024) | $214k | — | $2k | $16k | $230k $247k |
President & CEO (until June 2024) | $188k | — | $5k | $10k | $221k $238k |
Class a Lineman highest compensated employee | $177k | — | $288 | $34k | $220k $237k |
Working Foreman highest compensated employee | $180k | $60 | $826 | $28k | $218k $234k |
Working Foreman highest compensated employee | $173k | $30 | $475 | $34k | $217k $233k |
CFO | $120k | — | $2k | $40k | $192k $207k |
Staking Engineer highest compensated employee | $160k | $30 | $826 | $13k | $182k $196k |
Class a Lineman highest compensated employee | $162k | — | $115 | $2k | $172k $186k |
Director Info Tech(until Aug 2024) key employee | $156k | — | $654 | $1k | $171k $183k |
Secretary/chairman officer (unspecified) | — | — | — | — | $14k $16k |
Treasurer officer (unspecified) | — | — | — | — | $14k $15k |
Vice Chairman/chairman/director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $14k $15k |
Director/vice Chairman board chair | — | — | — | — | $12k $13k |
Director/secretary officer (unspecified) | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $12k $13k |
Director (as of Nov 2024) board member | — | — | — | — | $920 $990 |
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 16%
from 2023
From $273k in 2023 to $230k in 2024.
$273k
2023
$230k
2024
$273k
2023
$230k
2024
In today's dollarsEst.
Down 18% in real terms$302k to $247k
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
Presque Isle Electric & Gas Co-op reported revenue and expenses across 2 filing years.
RevenueExpenses
$60.7M
$63.6M
2023
$69.7M
$72.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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