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Filing year 2024

TIP RURAL ELECTRIC COOPERATIVE

Brooklyn, Iowa·EIN 42-0557125·12
Total revenue
$18.1M
Total assets
$61.3M
Total expenses
$17.5M
Reported officers
16
Mission

TO PROVIDE SAFE, RELIABLE ELECTRICITY AT A COMPETITIVE COST AND PURSUE EXCELLENCE IN TECHNOLOGY, SERVICE, AND MEMBER RELATIONS FOR THE BENEFIT OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Ceo/general Manager
officer (unspecified)
$225k
$242k
Base
$168k
Bonus
Other
Benefits
$18k
Base
$117k
Bonus
Other
Benefits
$23k
Staking Technician/member Service
highest compensated employee
$163k
$175k
Base
$113k
Bonus
Other
Benefits
$23k
Line Foreman
highest compensated employee
$160k
$172k
Base
$111k
Bonus
Other
Benefits
$23k
Operations Manager
highest compensated employee
$156k
$168k
Base
$120k
Bonus
Other
Benefits
$9k
Journeyman Lineman
highest compensated employee
$154k
$166k
Base
$108k
Bonus
Other
Benefits
$21k
Line Foreman
highest compensated employee
$148k
$160k
Asst. Secretary
officer (unspecified)
$16k
$18k
Secretary/treasurer
officer (unspecified)
$16k
$17k
Director
board member
$15k
$17k
$14k
$15k
Director
board member
$13k
$14k
Vice President
vice president
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$11k
$12k
Director
board member
$10k
$11k

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 11%
from 2023

From $203k in 2023 to $225k in 2024.

$203k
2023
$225k
2024
In today's dollarsEst.
Up 8% in real terms$224k to $242k

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

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

RevenueExpenses
$18M
$17.6M
2023
$18.1M
$17.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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