Mission
Our mission is to make a difference in our community by delivering safe and reliable energy to our members at fair prices.
Executive compensation, broken down
Form 990 · Schedule J · 15 reported individuals · Filing year 2024
President/ceo
$392k
$422k
- Base
- $280k
- Bonus
- —
- Other
- $1k
- Benefits
- $38k
VP Finance/cfo
vice president
$316k
$340k
- Base
- $170k
- Bonus
- —
- Other
- $17k
- Benefits
- $39k
Cxo
highest compensated employee
$272k
$292k
- Base
- $136k
- Bonus
- —
- Other
- $34k
- Benefits
- $39k
$268k
$289k
- Base
- $156k
- Bonus
- —
- Other
- $31k
- Benefits
- $38k
Crew Leader
highest compensated employee
$200k
$215k
- Base
- $122k
- Bonus
- —
- Other
- $14k
- Benefits
- $34k
Director of Information Technology
chief information officer
$199k
$214k
- Base
- $102k
- Bonus
- —
- Other
- $31k
- Benefits
- $35k
Crew Leader
highest compensated employee
$186k
$200k
- Base
- $122k
- Bonus
- —
- Other
- $10k
- Benefits
- $39k
Trustee
board member
$21k
$23k
Trustee, Chairman
board chair
$13k
$14k
Trustee, Treasurer
board member
$13k
$14k
Trustee, Vice Chairman
board chair
$13k
$14k
Trustee
board member
$13k
$14k
Trustee
board member
$13k
$14k
Trustee, Secretary
board member
$13k
$14k
Trustee
board member
$8k
$8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $280k | — | $1k | $38k | $392k $422k |
VP Finance/cfo vice president | $170k | — | $17k | $39k | $316k $340k |
Cxo highest compensated employee | $136k | — | $34k | $39k | $272k $292k |
COO | $156k | — | $31k | $38k | $268k $289k |
Crew Leader highest compensated employee | $122k | — | $14k | $34k | $200k $215k |
Director of Information Technology chief information officer | $102k | — | $31k | $35k | $199k $214k |
Crew Leader highest compensated employee | $122k | — | $10k | $39k | $186k $200k |
Trustee board member | — | — | — | — | $21k $23k |
Trustee, Chairman board chair | — | — | — | — | $13k $14k |
Trustee, Treasurer board member | — | — | — | — | $13k $14k |
Trustee, Vice Chairman board chair | — | — | — | — | $13k $14k |
Trustee board member | — | — | — | — | $13k $14k |
Trustee board member | — | — | — | — | $13k $14k |
Trustee, Secretary board member | — | — | — | — | $13k $14k |
Trustee board member | — | — | — | — | $8k $8k |
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.
Down 12%
from 2023
From $444k in 2023 to $392k in 2024.
$444k
2023
$392k
2024
$444k
2023
$392k
2024
In today's dollarsEst.
Down 14% in real terms$491k to $422k
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
UNION RURAL ELECTRIC CO-OP INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$66.9M
$63.5M
2023
$65.7M
$65.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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