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Filing year 2024

SOUTHWEST IOWA REC

Corning, Iowa·EIN 20-0538386·NTEE M20 · Public Safety, Disaster Preparedness & Relief·501(c)(12)
Total revenue
$14.2M
Total assets
$49.6M
Total expenses
$13.1M
Reported officers
13
Mission

TO DISTRIBUTE ELECTRIC ENERGY TO OUR MEMBER-CONSUMERS OF RURAL RESIDENTIAL, SMALL COMMERCIAL, LARGE POWER AND PUBLIC AUTHORITY USERS IN A MANNER CONSISTENT WITH SOUND BUSINESS PRACTICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public Safety, Disaster Preparedness & Relief organizations nationwide.

Ceo/general Manager
Officer (Unspecified)
$225k
$242k
Base
$188k
Bonus
Other
Benefits
$25k
Director of Operations
Median to 75th percentile
$147k
$158k
President
25th percentile to median
$11k
$11k
Secretary
Officer (Unspecified)
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Vice President
Median to 75th percentile
$5k
$5k
Treasurer
Officer (Unspecified)
$4k
$4k
Director
Board Member
25th percentile to median
$4k
$4k
Director
Board Member
25th percentile to median
$4k
$4k
Director
Board Member
25th percentile to median
$4k
$4k
Director
Board Member
25th percentile to median
$3k
$3k
Director
Board Member
10th to 25th 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.

Browse compensation in Public Safety, Disaster Preparedness & Relief

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SOUTHWEST IOWA REC equaled 2% of the organization's total expenses. The median for public safety, disaster preparedness & relief organizations is 5%.

This organization (2024)
2%
Sector median
5%
Middle half of sector
2% to 12%

Based on 1,753 public safety, disaster preparedness & relief organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 6%
from 2023

From $212k in 2023 to $225k in 2024.

$212k
2023
$225k
2024
In today's dollarsEst.
Up 3% in real terms$234k to $242k

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 10% from 2023 to 2024, while revenue rose 8%.

$134k in 2023 to $147k in 2024.
  • Chief Executive Officer pay rose 16% from 2023 to 2024.
  • Board Member pay rose 52% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SOUTHWEST IOWA REC

What does the Chief Operating Officer of SOUTHWEST IOWA REC earn?

In 2024, the Chief Operating Officer of SOUTHWEST IOWA REC received $146,953 in total compensation. This pay is above the median (the midpoint) for Chief Operating Officer roles among Public Safety, Disaster Preparedness & Relief organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at SOUTHWEST IOWA REC compare with similar nonprofits?

Compared with the same role at Public Safety, Disaster Preparedness & Relief organizations nationwide, the 2024 pay of the Chief Operating Officer at SOUTHWEST IOWA REC falls between the median and the 75th percentile. In 2024, the highest total compensation at SOUTHWEST IOWA REC equaled 2% of the organization's total expenses. The median for public safety, disaster preparedness & relief organizations is 5%.

What are SOUTHWEST IOWA REC's revenue and expenses?

In 2024, SOUTHWEST IOWA REC reported $14.2M in total revenue and $13.1M in total expenses on its IRS Form 990.

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