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Filing year 2024

THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC

Dodge City, Kansas·EIN 48-0499309·12
Total revenue
$74.9M
Total assets
$192.3M
Total expenses
$74.6M
Reported officers
21
Mission

TO PROVIDE A SAFE, RELIABLE SERVICE AT A COMPETITIVE RATE, PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES AND SERVICES FOR OUR MEMBERS, AND ENSURE THE FINANCIAL STABILITY OF THE COOPERATIVE THROUGH THE USE OF PRUDENT BUSINESS PRACTICES AND THE LATEST TECHNOLOGY.

Executive compensation, broken down

Form 990 · Schedule J · 21 reported individuals · Filing year 2024

Base
$401k
Bonus
Other
$4k
Benefits
$38k
CIO
chief information officer
$294k
$317k
Base
$186k
Bonus
Other
$3k
Benefits
$34k
Base
$200k
Bonus
Other
$5k
Benefits
$36k
VP of Operations
vice president
$290k
$312k
Base
$156k
Bonus
Other
$5k
Benefits
$36k
Journeyman Lineman
highest compensated employee
$240k
$258k
Base
$148k
Bonus
Other
$1k
Benefits
$35k
VP of Corporate Services/hr
vice president
$222k
$238k
Base
$151k
Bonus
Other
$4k
Benefits
$34k
VP of Engineering
vice president
$221k
$237k
Base
$145k
Bonus
Other
$4k
Benefits
$33k
Journeyman Lineman
highest compensated employee
$216k
$233k
Base
$131k
Bonus
Other
$2k
Benefits
$22k
Journeyman Lineman
highest compensated employee
$201k
$216k
Base
$142k
Bonus
Other
$695
Benefits
$36k
Journeyman Lineman
highest compensated employee
$194k
$209k
Base
$131k
Bonus
Other
$621
Benefits
$39k
Vice President
vice president
$40k
$43k
Trustee
board member
$36k
$39k
Trustee
board member
$35k
$37k
Trustee
board member
$32k
$34k
Trustee
board member
$30k
$32k
$29k
$31k
Trustee
board member
$27k
$29k
Trustee
board member
$27k
$29k
Secretary-treasurer
officer (unspecified)
$26k
$28k
Trustee
board member
$26k
$28k
Trustee
board member
$6k
$6k

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 4%
from 2023

From $537k in 2023 to $560k in 2024.

$537k
2023
$560k
2024
In today's dollarsEst.
Up 1% in real terms$594k to $602k

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

THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$72.4M
$71.8M
2023
$74.9M
$74.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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