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Filing year 2024

United Power Inc

Brighton, Colorado·EIN 84-0340655·12
Total revenue
$416.1M
Total assets
$1.4B
Total expenses
$415.7M
Reported officers
25
Mission

To provide reliable electric power and related services to our members at the most affordable cost.

Executive compensation, broken down

Form 990 · Schedule J · 25 reported individuals · Filing year 2024

President and Chief Execut
$826k
$886k
Base
$727k
Bonus
$500
Other
Benefits
$2k
SVP & Chief Financial Offi
senior vice president
$477k
$512k
Base
$333k
Bonus
$25k
Other
Benefits
$35k
SVP & Chief Energy Resourc
senior vice president
$423k
$454k
Base
$295k
Bonus
$21k
Other
Benefits
$31k
VP & Public Affairs Office
vice president
$420k
$451k
Base
$369k
Bonus
Other
Benefits
$16k
SVP & Chief Legal Officer
senior vice president
$394k
$423k
Base
$285k
Bonus
$46k
Other
Benefits
$28k
SVP & Chief Information of
senior vice president
$344k
$370k
Base
$250k
Bonus
Other
Benefits
$28k
Senior VP and Chief Market
senior vice president
$344k
$369k
Base
$258k
Bonus
$16k
Other
Benefits
$1k
SVP & Chief Operating Officer
$341k
$366k
Base
$303k
Bonus
Other
Benefits
$37k
Chief Human Resources Officer
officer (unspecified)
$311k
$334k
Base
$223k
Bonus
Other
Benefits
$29k
VP of Energy Resource Planning
vice president
$281k
$301k
Base
$180k
Bonus
$10k
Other
Benefits
$38k
Troubleshooter
highest compensated employee
$279k
$299k
Base
$204k
Bonus
$500
Other
Benefits
$38k
Working Foreman
highest compensated employee
$277k
$297k
Base
$204k
Bonus
$500
Other
Benefits
$38k
VP of IT Infrastructure and Ops
vice president
$273k
$293k
Base
$177k
Bonus
$11k
Other
Benefits
$38k
VP of Operations
vice president
$257k
$276k
Base
$216k
Bonus
$500
Other
Benefits
$29k
Chairman
board chair
$37k
$39k
Director/crea Director
board member
$35k
$38k
Director
board member
$34k
$37k
Secretary
officer (unspecified)
$32k
$34k
Director
board member
$32k
$34k
Director
board member
$32k
$34k
Treasurer
officer (unspecified)
$32k
$34k
Vice Chairman
board vice chair
$32k
$34k
Assistant Secretary/treasurer
officer (unspecified)
$32k
$34k
Director
board member
$32k
$34k
Director
board member
$24k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 26%
from 2023

From $654k in 2023 to $826k in 2024.

$654k
2023
$826k
2024
In today's dollarsEst.
Up 24% in real terms$718k to $886k

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, 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

United Power Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$342.5M
$342M
2023
$416.1M
$415.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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