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Filing year 2024

WILD RICE ELECTRIC COOPERATIVE INC

Mahnomen, Minnesota·EIN 41-0612945·12
Total revenue
$35.8M
Total assets
$79.1M
Total expenses
$35.7M
Reported officers
17
Mission

ENERGIZING OUR MEMBERS' FUTURE.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

$353k
$380k
Base
$214k
Bonus
Other
$1k
Benefits
$19k
Lead Lineman
highest compensated employee
$180k
$194k
Base
$118k
Bonus
Other
$510
Benefits
$19k
Forman
highest compensated employee
$169k
$182k
Base
$123k
Bonus
Other
$509
Benefits
$12k
Lead Lineman
highest compensated employee
$156k
$168k
Base
$118k
Bonus
Other
$510
Benefits
$19k
Journeyman
highest compensated employee
$145k
$156k
Journeyman
highest compensated employee
$138k
$148k
Director of Finance
$137k
$148k
Vice Chair
board vice chair
$10k
$11k
Director
board member
$10k
$11k
Director
board member
$10k
$11k
Chairman
board chair
$10k
$10k
Director
board member
$10k
$10k
Treasurer
officer (unspecified)
$9k
$10k
Director
board member
$8k
$8k
Director (started 4/2024)
board member
$8k
$8k
Secretary
officer (unspecified)
$7k
$8k
Director (left 4/2024)
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 31%
from 2023

From $269k in 2023 to $353k in 2024.

$269k
2023
$353k
2024
In today's dollarsEst.
Up 28% in real terms$298k to $380k

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

WILD RICE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$36.5M
$36.1M
2023
$35.8M
$35.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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