Mission
PROVIDE RELIABLE, EFFICIENT DELIVERY OF ELECTRICITY AND OTHER SERVICES TO OUR MEMBER OWNERS WITH THE HIGHEST LEVEL OF CUSTOMER SERVICE.
Executive compensation, broken down
Form 990 · Schedule J · 14 reported individuals · Filing year 2024
Manager of Finance & Admin
officer (unspecified)
$201k
$216k
- Base
- $128k
- Bonus
- $900
- Other
- $954
- Benefits
- $40k
Operations Manager
highest compensated employee
$200k
$215k
- Base
- $129k
- Bonus
- $600
- Other
- $1k
- Benefits
- $39k
Senior Foreman
highest compensated employee
$190k
$204k
- Base
- $116k
- Bonus
- $350
- Other
- $789
- Benefits
- $19k
General Manager
officer (unspecified)
$189k
$203k
- Base
- $118k
- Bonus
- $300
- Other
- $6k
- Benefits
- $21k
Foreman
highest compensated employee
$180k
$193k
- Base
- $109k
- Bonus
- $350
- Other
- $708
- Benefits
- $40k
Senior Foreman
highest compensated employee
$179k
$193k
- Base
- $112k
- Bonus
- $350
- Other
- $2k
- Benefits
- $36k
Foreman
highest compensated employee
$179k
$192k
- Base
- $110k
- Bonus
- $350
- Other
- $3k
- Benefits
- $39k
Director
board member
$16k
$17k
President
$15k
$16k
Director
board member
$14k
$15k
Vice President
vice president
$14k
$15k
Secretary/treasurer
officer (unspecified)
$14k
$15k
Director
board member
$14k
$15k
Director
board member
$13k
$14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Manager of Finance & Admin officer (unspecified) | $128k | $900 | $954 | $40k | $201k $216k |
Operations Manager highest compensated employee | $129k | $600 | $1k | $39k | $200k $215k |
Senior Foreman highest compensated employee | $116k | $350 | $789 | $19k | $190k $204k |
General Manager officer (unspecified) | $118k | $300 | $6k | $21k | $189k $203k |
Foreman highest compensated employee | $109k | $350 | $708 | $40k | $180k $193k |
Senior Foreman highest compensated employee | $112k | $350 | $2k | $36k | $179k $193k |
Foreman highest compensated employee | $110k | $350 | $3k | $39k | $179k $192k |
Director board member | — | — | — | — | $16k $17k |
President | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $14k $15k |
Vice President vice president | — | — | — | — | $14k $15k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $13k $14k |
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.
Fell 17%
over 3 years
From $242k in 2021 to $201k in 2024.
$242k
2021
$198k
2023
$201k
2024
$242k
2021
$198k
2023
$201k
2024
In today's dollarsEst.
Down 28% in real terms$300k to $216k
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
REDWOOD ELECTRIC COOPERATIVE reported revenue and expenses across 3 filing years.
RevenueExpenses
$15.9M
$15.6M
2021
$16.7M
$16.7M
2023
$16.6M
$16.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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