Mission
THE MISSION OF STEELE-WASECA COOPERATIVE ELECTRIC IS TO PROVIDE COMPETITIVE, RELIABLE QUALITY SERVICE TO OUR MEMBERSHIP.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$329k
$354k
- Base
- $243k
- Bonus
- —
- Other
- —
- Benefits
- $28k
Finance Manager
officer (unspecified)
$290k
$312k
- Base
- $151k
- Bonus
- —
- Other
- —
- Benefits
- $43k
Operations Manager
highest compensated employee
$238k
$256k
- Base
- $161k
- Bonus
- —
- Other
- —
- Benefits
- $24k
Line Foreman
highest compensated employee
$221k
$238k
- Base
- $154k
- Bonus
- —
- Other
- —
- Benefits
- $41k
System Technician
highest compensated employee
$207k
$223k
- Base
- $144k
- Bonus
- —
- Other
- —
- Benefits
- $24k
Line Foreman
highest compensated employee
$202k
$217k
- Base
- $147k
- Bonus
- —
- Other
- —
- Benefits
- $41k
Line Foreman
highest compensated employee
$202k
$217k
- Base
- $145k
- Bonus
- —
- Other
- —
- Benefits
- $41k
Acting Sec/treas
officer (unspecified)
$36k
$39k
President
$34k
$37k
Director
board member
$34k
$36k
Sec/treas
officer (unspecified)
$33k
$36k
Director
board member
$31k
$33k
Director
board member
$31k
$33k
Director
board member
$31k
$33k
Vice-pres
officer (unspecified)
$30k
$33k
Director
board member
$30k
$33k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $243k | — | — | $28k | $329k $354k |
Finance Manager officer (unspecified) | $151k | — | — | $43k | $290k $312k |
Operations Manager highest compensated employee | $161k | — | — | $24k | $238k $256k |
Line Foreman highest compensated employee | $154k | — | — | $41k | $221k $238k |
System Technician highest compensated employee | $144k | — | — | $24k | $207k $223k |
Line Foreman highest compensated employee | $147k | — | — | $41k | $202k $217k |
Line Foreman highest compensated employee | $145k | — | — | $41k | $202k $217k |
Acting Sec/treas officer (unspecified) | — | — | — | — | $36k $39k |
President | — | — | — | — | $34k $37k |
Director board member | — | — | — | — | $34k $36k |
Sec/treas officer (unspecified) | — | — | — | — | $33k $36k |
Director board member | — | — | — | — | $31k $33k |
Director board member | — | — | — | — | $31k $33k |
Director board member | — | — | — | — | $31k $33k |
Vice-pres officer (unspecified) | — | — | — | — | $30k $33k |
Director board member | — | — | — | — | $30k $33k |
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.
Held steady
from 2023
From $327k in 2023 to $329k in 2024.
$327k
2023
$329k
2024
$327k
2023
$329k
2024
In today's dollarsEst.
Down 2% in real terms$361k to $354k
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
STEELE-WASECA COOPERATIVE ELECTRIC reported revenue and expenses across 2 filing years.
RevenueExpenses
$45.7M
$45.7M
2023
$45M
$45M
2024
Total revenue and total expenses from IRS Form 990 filings.
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