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Filing year 2024

RACCOON VALLEY ELECTRIC COOPERATIVE

Glidden, Iowa·EIN 27-1224818·NTEE W80 · Public & Societal Benefit·501(c)(12)
Total revenue
$17M
Total assets
$54.1M
Total expenses
$16.1M
Reported officers
14
Mission

TO PROVIDE SAFE, RELIABLE AND COMPETITIVE SERVICES WHILE BEING A LEADER IN OUR COMMUNITY'S PROSPERITY AND GROWTH.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

CEO
75th to 90th percentile
$252k
$271k
Base
$170k
Bonus
Other
$10k
Benefits
$16k
Line Superintendent
Highest Compensated Employee
Median to 75th percentile
$195k
$209k
Base
$115k
Bonus
Other
$2k
Benefits
$24k
Operations Superintendent
Highest Compensated Employee
Median to 75th percentile
$175k
$189k
Base
$101k
Bonus
$2k
Other
$3k
Benefits
$13k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$174k
$187k
Base
$102k
Bonus
Other
$3k
Benefits
$20k
CFO
Median to 75th percentile
$159k
$171k
Base
$129k
Bonus
Other
$845
Benefits
$12k
Meter Technician
Highest Compensated Employee
25th percentile to median
$158k
$170k
Base
$106k
Bonus
Other
$1k
Benefits
$27k
Line Foreman
Highest Compensated Employee
10th to 25th percentile
$127k
$137k
Secretary/treasurer
Officer (Unspecified)
$12k
$13k
Asst Sec-treas.
Officer (Unspecified)
$8k
$8k
Vice President
10th to 25th percentile
$7k
$8k
President
Below 10th percentile
$7k
$7k
Director
Board Member
25th percentile to median
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
10th to 25th percentile
$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.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RACCOON VALLEY ELECTRIC COOPERATIVE equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
2%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 4%
from 2023

From $242k in 2023 to $252k in 2024.

$242k
2023
$252k
2024
In today's dollarsEst.
Up 1% in real terms$267k to $271k

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.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 3%.

$242k in 2023 to $252k in 2024.
  • Highest Compensated Employee pay fell 2% from 2023 to 2024.
  • Chief Financial Officer pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RACCOON VALLEY ELECTRIC COOPERATIVE

What does the Chief Executive Officer of RACCOON VALLEY ELECTRIC COOPERATIVE earn?

In 2024, the Chief Executive Officer of RACCOON VALLEY ELECTRIC COOPERATIVE received $251,648 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RACCOON VALLEY ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at RACCOON VALLEY ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles. In 2024, the highest total compensation at RACCOON VALLEY ELECTRIC COOPERATIVE equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are RACCOON VALLEY ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, RACCOON VALLEY ELECTRIC COOPERATIVE reported $17M in total revenue and $16.1M in total expenses on its IRS Form 990.

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