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 · Part VII & Schedule J · 21 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $401k
- Bonus
- —
- Other
- $4k
- Benefits
- $38k
- Base
- $186k
- Bonus
- —
- Other
- $3k
- Benefits
- $34k
- Base
- $200k
- Bonus
- —
- Other
- $5k
- Benefits
- $36k
- Base
- $156k
- Bonus
- —
- Other
- $5k
- Benefits
- $36k
- Base
- $148k
- Bonus
- —
- Other
- $1k
- Benefits
- $35k
- Base
- $151k
- Bonus
- —
- Other
- $4k
- Benefits
- $34k
- Base
- $145k
- Bonus
- —
- Other
- $4k
- Benefits
- $33k
- Base
- $131k
- Bonus
- —
- Other
- $2k
- Benefits
- $22k
- Base
- $142k
- Bonus
- —
- Other
- $695
- Benefits
- $36k
- Base
- $131k
- Bonus
- —
- Other
- $621
- Benefits
- $39k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $401k | — | $4k | $38k | $560k $602k |
CIO Chief Information Officer 75th to 90th percentile | $186k | — | $3k | $34k | $294k $317k |
CFO Above 90th percentile | $200k | — | $5k | $36k | $291k $313k |
VP of Operations Board Vice President 75th to 90th percentile | $156k | — | $5k | $36k | $290k $312k |
Journeyman Lineman Highest Compensated Employee 75th to 90th percentile | $148k | — | $1k | $35k | $240k $258k |
VP of Corporate Services/hr Board Vice President 75th to 90th percentile | $151k | — | $4k | $34k | $222k $238k |
VP of Engineering Board Vice President 75th to 90th percentile | $145k | — | $4k | $33k | $221k $237k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $131k | — | $2k | $22k | $216k $233k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $142k | — | $695 | $36k | $201k $216k |
Journeyman Lineman Highest Compensated Employee Median to 75th percentile | $131k | — | $621 | $39k | $194k $209k |
Vice President Median to 75th percentile | — | — | — | — | $40k $43k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $36k $39k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $35k $37k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $32k $34k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $30k $32k |
President 10th to 25th percentile | — | — | — | — | $29k $31k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
Secretary-treasurer Officer (Unspecified) | — | — | — | — | $26k $28k |
Trustee Board Member Median to 75th percentile | — | — | — | — | $26k $28k |
Trustee Board Member 25th percentile to median | — | — | — | — | $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.
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 4% from 2023 to 2024, while revenue rose 4%.
- Chief Information Officer pay rose 5% from 2023 to 2024.
- Chief Financial Officer pay rose 4% 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
THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC reported revenue and expenses across 2 filing years.
Common questions about THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC
What does the Chief Executive Officer of THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC earn?
In 2024, the Chief Executive Officer of THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC received $559,734 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 THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC falls in the top 10%.
What are THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC's revenue and expenses?
In 2024, THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC reported $74.9M in total revenue and $74.6M in total expenses on its IRS Form 990.
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