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Filing year 2024

Rural Electric Convenience Cooperative

Auburn, Illinois·EIN 37-0495772·12
Total revenue
$17.2M
Total assets
$44.9M
Total expenses
$17.2M
Reported officers
12
Mission

As an energy and services cooperative, our Members needs are Rural Electric Convenience Cooperatives first priority.

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2024

$252k
$271k
Base
$207k
Bonus
Other
Benefits
$11k
Mgr Operations
officer (unspecified)
$211k
$227k
Base
$111k
Bonus
Other
Benefits
$14k
Mgr Financeadmn
officer (unspecified)
$132k
$142k
Director
board member
$17k
$19k
Director
board member
$17k
$18k
Director
board member
$15k
$16k
Director
board member
$15k
$16k
Director
board member
$13k
$14k
Director
board member
$12k
$13k
Director
board member
$8k
$8k
Director
board member
$7k
$8k
Director
board member
$6k
$7k

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 11%
from 2023

From $226k in 2023 to $252k in 2024.

$226k
2023
$252k
2024
In today's dollarsEst.
Up 9% in real terms$249k 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.

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

Revenue and expenses over time

Rural Electric Convenience Cooperative reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.2M
$16M
2023
$17.2M
$17.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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