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Filing year 2024

ROSEAU ELECTRIC COOPERATIVE INC

Roseau, Minnesota·EIN 41-0510033·501(c)(12)
Total revenue
$20.4M
Total assets
$46.5M
Total expenses
$20.2M
Reported officers
18
Mission

ROSEAU ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING ITS MEMBER OWNERS LOW COST, HIGH QUALITY, SAFE, AND RELIABLE ELECTRICITY WITH FRIENDLY, EFFICIENT, AND KNOWLEDGEABLE SERVICE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager
75th to 90th percentile
$310k
$333k
Base
$174k
Bonus
$692
Other
$2k
Benefits
$23k
Assistant Manager
Officer (Unspecified)
$214k
$231k
Base
$158k
Bonus
$592
Other
$1k
Benefits
$258
Line Superintendent
Highest Compensated Employee
Median to 75th percentile
$198k
$213k
Base
$121k
Bonus
$515
Other
$1k
Benefits
$23k
Lineman
Highest Compensated Employee
Median to 75th percentile
$170k
$183k
Base
$108k
Bonus
$345
Other
$156
Benefits
$22k
Member Service Director
Highest Compensated Employee
Median to 75th percentile
$167k
$179k
Base
$114k
Bonus
Other
$242
Benefits
$17k
Line Crew Foreman
Highest Compensated Employee
Median to 75th percentile
$166k
$179k
Base
$116k
Bonus
$385
Other
$1k
Benefits
$11k
Office Manager
75th to 90th percentile
$165k
$178k
Base
$106k
Bonus
$437
Other
$491
Benefits
$22k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Vice President
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$8k
$8k
President
Below 10th percentile
$6k
$6k
Secretary/treasurer
Officer (Unspecified)
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director (started April 2024)
Board Member
25th percentile to median
$5k
$5k
Director (started April 2024)
Board Member
10th to 25th percentile
$4k
$5k
Director (through April 2024)
Board Member
10th to 25th percentile
$4k
$4k
Vice President (through April 2024)
Vice President
Below 10th percentile
$1k
$1k

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 $297k in 2023 to $310k in 2024.

$297k
2023
$310k
2024
In today's dollarsEst.
Up 1% in real terms$329k to $333k

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

General Manager pay rose 4% from 2023 to 2024, while revenue fell 1%.

$297k in 2023 to $310k in 2024.
  • Highest Compensated Employee pay held roughly steady from 2023 to 2024.
  • Board Member pay rose 33% 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.
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$20.6M
$20M
2023
$20.4M
$20.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ROSEAU ELECTRIC COOPERATIVE INC

What does the General Manager of ROSEAU ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of ROSEAU ELECTRIC COOPERATIVE INC received $309,541 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at ROSEAU ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at ROSEAU ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are ROSEAU ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, ROSEAU ELECTRIC COOPERATIVE INC reported $20.4M in total revenue and $20.2M in total expenses on its IRS Form 990.

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