GENERATION AND PURCHASE OF ELECTRICITY FOR DISTRIBUTION AND SALE ON A COOPERATIVE BASIS TO MEMBERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $257k
- Bonus
- $12k
- Other
- $12k
- Benefits
- $33k
- Base
- $178k
- Bonus
- $10k
- Other
- $4k
- Benefits
- $33k
- Base
- $158k
- Bonus
- $9k
- Other
- $10k
- Benefits
- $34k
- Base
- $154k
- Bonus
- $9k
- Other
- $730
- Benefits
- $16k
- Base
- $139k
- Bonus
- $9k
- Other
- $1k
- Benefits
- $33k
- Base
- $138k
- Bonus
- $6k
- Other
- $3k
- Benefits
- $33k
- Base
- $140k
- Bonus
- $2k
- Other
- $385
- Benefits
- $17k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $257k | $12k | $12k | $33k | $397k $427k |
VP of Administration and Finance Board Vice President 75th to 90th percentile | $178k | $10k | $4k | $33k | $286k $308k |
Manager of Operations Operations Manager Above 90th percentile | $158k | $9k | $10k | $34k | $266k $286k |
Manager of IT IT Manager 75th to 90th percentile | $154k | $9k | $730 | $16k | $231k $249k |
Manager of Finance Finance Manager Above 90th percentile | $139k | $9k | $1k | $33k | $231k $248k |
Manager of Engineering Highest Compensated Employee Median to 75th percentile | $138k | $6k | $3k | $33k | $199k $214k |
Jouneyman Lineman Highest Compensated Employee Median to 75th percentile | $140k | $2k | $385 | $17k | $171k $184k |
President 10th to 25th percentile | — | — | — | — | $21k $23k |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $21k $22k |
Director Board Member Median to 75th percentile | — | — | — | — | $19k $20k |
Vice President 25th percentile to median | — | — | — | — | $17k $18k |
Director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
Director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
Director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
Director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
Director Board Member 25th percentile to median | — | — | — | — | $16k $17k |
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 17%
from 2023
From $339k in 2023 to $397k in 2024.
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.
Chief Executive Officer pay rose 17% from 2023 to 2024, while revenue rose 4%.
- Board Vice President pay rose 4% from 2023 to 2024.
- Operations Manager pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
STEARNS COOPERATIVE ELECTRIC ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about STEARNS COOPERATIVE ELECTRIC ASSOCIATION
What does the Chief Executive Officer of STEARNS COOPERATIVE ELECTRIC ASSOCIATION earn?
In 2024, the Chief Executive Officer of STEARNS COOPERATIVE ELECTRIC ASSOCIATION received $396,864 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at STEARNS COOPERATIVE ELECTRIC ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at STEARNS COOPERATIVE ELECTRIC ASSOCIATION falls in the top 10%.
What are STEARNS COOPERATIVE ELECTRIC ASSOCIATION's revenue and expenses?
In 2024, STEARNS COOPERATIVE ELECTRIC ASSOCIATION reported $71.5M in total revenue and $71.5M in total expenses on its IRS Form 990.
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