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Filing year 2024

WRIGHT-HENNEPIN ELECTRIC TRUST

Rockford, Minnesota·EIN 41-1801974·NTEE P58J · Human Services·501(c)(3)
Total revenue
$269k
Total assets
$50k
Total expenses
$270k
Reported officers
10
Mission

THE PURPOSE OF THE TRUST SHALL BE THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES PRIMARILY IN THE AREAS SERVED BY WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations in Minnesota.

Director
Board Member
10th to 25th percentile
$775
$827
Chair
Board Chair
Below 10th percentilevs Human Services peers nationwide
$775
$827
Vice Chair
Board Vice Chair
Below 10th percentilevs Human Services peers nationwide
$775
$827
Secretary
Officer (Unspecified)
$775
$827
Director
Board Member
10th to 25th percentile
$775
$827
Director
Board Member
10th to 25th percentile
$775
$827
Director
Board Member
10th to 25th percentile
$775
$827
Treasurer
Officer (Unspecified)
$620
$661
Director (beg Oct)
Board Member
Below 10th percentile
$310
$331
Director (end Jun)
Board Member
Below 10th percentile
$310
$331

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WRIGHT-HENNEPIN ELECTRIC TRUST equaled 0.3% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
0.3%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Board Member pay fell 11% from 2023 to 2024, while revenue rose 5%.

$875 in 2023 to $775 in 2024.
  • Board Chair pay rose 24% from 2023 to 2024.
  • Board Vice Chair pay rose 24% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WRIGHT-HENNEPIN ELECTRIC TRUST

What does the Board Member of WRIGHT-HENNEPIN ELECTRIC TRUST earn?

In 2024, the Board Member of WRIGHT-HENNEPIN ELECTRIC TRUST received $775 in total compensation. This pay is in the bottom quarter for Board Member roles among Human Services organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WRIGHT-HENNEPIN ELECTRIC TRUST compare with similar nonprofits?

Compared with the same role at Human Services organizations in Minnesota, the 2024 pay of the Board Member at WRIGHT-HENNEPIN ELECTRIC TRUST falls between the 10th and 25th percentiles. In 2024, the highest total compensation at WRIGHT-HENNEPIN ELECTRIC TRUST equaled 0.3% of the organization's total expenses. The median for human services organizations is 8%.

What are WRIGHT-HENNEPIN ELECTRIC TRUST's revenue and expenses?

In 2024, WRIGHT-HENNEPIN ELECTRIC TRUST reported $269k in total revenue and $270k in total expenses on its IRS Form 990.

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