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Filing year 2024

STEUBEN RURAL ELECTRIC COOPERATIVE INC

Bath, New York·EIN 16-0650108·12
Total revenue
$12.8M
Total assets
$45.6M
Total expenses
$12.8M
Reported officers
15
Mission

The mission of Steuben Rural Electric Cooperative is to improve the quality of rural life by providing our members with low cost, reliable electricity and related services in a safe manner.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

Chief Lineman
highest compensated employee
$200k
$216k
Base
$164k
Bonus
Other
Benefits
$9k
Line Foreman
highest compensated employee
$174k
$188k
Base
$144k
Bonus
Other
Benefits
General Manager
officer (unspecified)
$172k
$186k
Base
$122k
Bonus
Other
Benefits
$19k
First Class Lineman
highest compensated employee
$163k
$176k
Base
$133k
Bonus
Other
Benefits
$4k
Chief Lineman
highest compensated employee
$151k
$163k
Base
$151k
Bonus
Other
Benefits
First Class Lineman
highest compensated employee
$149k
$161k
$9k
$10k
Treasurer
officer (unspecified)
$8k
$9k
Director
board member
$8k
$9k
Vice President
vice president
$8k
$8k
Director
board member
$7k
$8k
Secretary
officer (unspecified)
$7k
$7k
Director
board member
$6k
$6k
Director
board member
$4k
$4k
Director
board member
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 26%
from 2023

From $159k in 2023 to $200k in 2024.

$159k
2023
$200k
2024
In today's dollarsEst.
Up 22% in real terms$177k to $216k

Estimated with BLS CPI-U for the Northeast 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

STEUBEN RURAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.3M
$11.1M
2023
$12.8M
$12.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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