Skip to main content
Filing year 2024

Spoon River Electric Cooperative

Canton, Illinois·EIN 37-0527067·501(c)(12)
Total revenue
$12.5M
Total assets
$39.5M
Total expenses
$11.8M
Reported officers
19
Mission

To make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their quality of life.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

CEO
75th to 90th percentile
$217k
$233k
Base
$147k
Bonus
Other
$775
Benefits
$25k
Jny Lineman
Highest Compensated Employee
Median to 75th percentile
$196k
$211k
Base
$132k
Bonus
Other
$541
Benefits
$20k
Lineman
Key Employee
Median to 75th percentile
$169k
$182k
Base
$157k
Bonus
Other
$541
Benefits
$7k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$167k
$180k
Base
$116k
Bonus
Other
$618
Benefits
$25k
Operations Mgr
Operations Manager
Median to 75th percentile
$159k
$171k
Base
$123k
Bonus
Other
$645
Benefits
$158
Jny Lineman
Highest Compensated Employee
25th percentile to median
$158k
$170k
Base
$135k
Bonus
Other
$541
Benefits
$20k
Jny Lineman
Highest Compensated Employee
25th percentile to median
$157k
$169k
Base
$131k
Bonus
Other
$541
Benefits
$20k
Jny Lineman
Highest Compensated Employee
25th percentile to median
$148k
$159k
CFO & Office Manager
Median to 75th percentile
$90k
$97k
Controller
Below 10th percentile
$19k
$21k
President
Below 10th percentile
$7k
$7k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
10th to 25th percentile
$4k
$5k
Vice President
10th to 25th percentile
$3k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Secretary
Officer (Unspecified)
$2k
$3k
Treasurer
Officer (Unspecified)
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k

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 5%
from 2023

From $207k in 2023 to $217k in 2024.

$207k
2023
$217k
2024
In today's dollarsEst.
Up 2% in real terms$228k to $233k

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 Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 2%.

$207k in 2023 to $217k in 2024.
  • Highest Compensated Employee pay rose 6% from 2023 to 2024.
  • Operations Manager pay fell 3% 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

Spoon River Electric Cooperative reported revenue and expenses across 2 filing years.

RevenueExpenses
$12.3M
$11.5M
2023
$12.5M
$11.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Spoon River Electric Cooperative

What does the Chief Executive Officer of Spoon River Electric Cooperative earn?

In 2024, the Chief Executive Officer of Spoon River Electric Cooperative received $216,662 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Spoon River Electric Cooperative compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Spoon River Electric Cooperative falls between the 75th and 90th percentiles.

What are Spoon River Electric Cooperative's revenue and expenses?

In 2024, Spoon River Electric Cooperative reported $12.5M in total revenue and $11.8M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.