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Filing year 2024

SOUTHERN IOWA ELECTRIC COOPERATIVE INC

Bloomfield, Iowa·EIN 42-0536190·501(c)(12)
Total revenue
$15.5M
Total assets
$60.2M
Total expenses
$15.5M
Reported officers
11
Mission

PROVIDING SAFE, RELIABLE ELECTRICITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024

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

Manager/ceo
Officer (Unspecified)
$242k
$260k
Base
$178k
Bonus
Other
Benefits
$35k
COO
Median to 75th percentile
$164k
$176k
Base
$109k
Bonus
Other
Benefits
$33k
Vice President
10th to 25th percentile
$5k
$5k
President
Below 10th percentile
$3k
$3k
Secretary
Officer (Unspecified)
$2k
$3k
Treasurer
Officer (Unspecified)
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$540
$581
Director
Board Member
Below 10th percentile
$540
$581

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 16%
from 2023

From $209k in 2023 to $242k in 2024.

$209k
2023
$242k
2024
In today's dollarsEst.
Up 13% in real terms$231k to $260k

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 Operating Officer pay rose 5% from 2023 to 2024, while revenue rose 6%.

$157k in 2023 to $164k in 2024.
  • Vice President pay rose 4% from 2023 to 2024.
  • Chief Executive Officer pay rose 21% 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

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

RevenueExpenses
$14.7M
$14.7M
2023
$15.5M
$15.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTHERN IOWA ELECTRIC COOPERATIVE INC

What does the Chief Operating Officer of SOUTHERN IOWA ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Operating Officer of SOUTHERN IOWA ELECTRIC COOPERATIVE INC received $164,063 in total compensation. This pay is above the median (the midpoint) for Chief Operating Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at SOUTHERN IOWA ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Operating Officer at SOUTHERN IOWA ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

What are SOUTHERN IOWA ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, SOUTHERN IOWA ELECTRIC COOPERATIVE INC reported $15.5M in total revenue and $15.5M in total expenses on its IRS Form 990.

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