Skip to main content
Filing year 2024

THE VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC

Dodge City, Kansas·EIN 48-0499309·501(c)(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 · 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.

CEO
Above 90th percentile
$560k
$602k
Base
$401k
Bonus
Other
$4k
Benefits
$38k
CIO
Chief Information Officer
75th to 90th percentile
$294k
$317k
Base
$186k
Bonus
Other
$3k
Benefits
$34k
CFO
Above 90th percentile
$291k
$313k
Base
$200k
Bonus
Other
$5k
Benefits
$36k
VP of Operations
Board Vice President
75th to 90th percentile
$290k
$312k
Base
$156k
Bonus
Other
$5k
Benefits
$36k
Journeyman Lineman
Highest Compensated Employee
75th to 90th percentile
$240k
$258k
Base
$148k
Bonus
Other
$1k
Benefits
$35k
VP of Corporate Services/hr
Board Vice President
75th to 90th percentile
$222k
$238k
Base
$151k
Bonus
Other
$4k
Benefits
$34k
VP of Engineering
Board Vice President
75th to 90th percentile
$221k
$237k
Base
$145k
Bonus
Other
$4k
Benefits
$33k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$216k
$233k
Base
$131k
Bonus
Other
$2k
Benefits
$22k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$201k
$216k
Base
$142k
Bonus
Other
$695
Benefits
$36k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$194k
$209k
Base
$131k
Bonus
Other
$621
Benefits
$39k
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.

$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.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 4%.

$537k in 2023 to $560k in 2024.
  • 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.

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.
FAQ

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.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.