Mission
Electric Cooperative with Fiber Division.
Executive compensation, broken down
Form 990 · Schedule J · 17 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$422k
$454k
- Base
- $258k
- Bonus
- —
- Other
- $4k
- Benefits
- $27k
Accounting Manager
officer (unspecified)
$245k
$263k
- Base
- $131k
- Bonus
- —
- Other
- $2k
- Benefits
- $11k
Operations Manager
key employee
$227k
$245k
- Base
- $182k
- Bonus
- —
- Other
- $692
- Benefits
- $3k
Journeyman Lineman-foreman
highest compensated employee
$212k
$228k
- Base
- $166k
- Bonus
- —
- Other
- $1k
- Benefits
- $22k
Journeyman Lineman-utility
highest compensated employee
$207k
$223k
- Base
- $163k
- Bonus
- —
- Other
- $410
- Benefits
- $25k
Journeyman Lineman
highest compensated employee
$201k
$216k
- Base
- $168k
- Bonus
- —
- Other
- $390
- Benefits
- $20k
Journeyman Lineman
highest compensated employee
$198k
$213k
- Base
- $166k
- Bonus
- —
- Other
- $424
- Benefits
- $20k
Journeyman Lineman-foreman
highest compensated employee
$197k
$212k
- Base
- $166k
- Bonus
- —
- Other
- $222
- Benefits
- $20k
Vice President
vice president
$12k
$12k
President
$11k
$12k
Director
board member
$10k
$11k
Director
board member
$9k
$10k
Secretary
officer (unspecified)
$9k
$10k
Director
board member
$8k
$9k
Director
board member
$7k
$8k
Treasurer
officer (unspecified)
$6k
$6k
Director
board member
$4k
$4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $258k | — | $4k | $27k | $422k $454k |
Accounting Manager officer (unspecified) | $131k | — | $2k | $11k | $245k $263k |
Operations Manager key employee | $182k | — | $692 | $3k | $227k $245k |
Journeyman Lineman-foreman highest compensated employee | $166k | — | $1k | $22k | $212k $228k |
Journeyman Lineman-utility highest compensated employee | $163k | — | $410 | $25k | $207k $223k |
Journeyman Lineman highest compensated employee | $168k | — | $390 | $20k | $201k $216k |
Journeyman Lineman highest compensated employee | $166k | — | $424 | $20k | $198k $213k |
Journeyman Lineman-foreman highest compensated employee | $166k | — | $222 | $20k | $197k $212k |
Vice President vice president | — | — | — | — | $12k $12k |
President | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $9k $10k |
Secretary officer (unspecified) | — | — | — | — | $9k $10k |
Director board member | — | — | — | — | $8k $9k |
Director board member | — | — | — | — | $7k $8k |
Treasurer officer (unspecified) | — | — | — | — | $6k $6k |
Director board member | — | — | — | — | $4k $4k |
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 16%
from 2023
From $364k in 2023 to $422k in 2024.
$364k
2023
$422k
2024
$364k
2023
$422k
2024
In today's dollarsEst.
Up 13% in real terms$402k to $454k
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
Thumb Electric Cooperative of Michigan reported revenue and expenses across 2 filing years.
RevenueExpenses
$31.3M
$30.7M
2023
$34.6M
$35.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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