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Filing year 2024

SOUTHERN IOWA ELECTRIC COOPERATIVE INC

Bloomfield, Iowa·EIN 42-0536190·12
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 · Schedule J · 11 reported individuals · Filing year 2024

Manager/ceo
officer (unspecified)
$242k
$260k
Base
$178k
Bonus
Other
Benefits
$35k
Base
$109k
Bonus
Other
Benefits
$33k
Vice President
vice president
$5k
$5k
Secretary
officer (unspecified)
$2k
$3k
Treasurer
officer (unspecified)
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$540
$581
Director
board member
$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.

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.
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