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MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE
MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE
IA · EIN 420394605
31
Executives Disclosed
$45.6M
Annual Revenue
$169.7M
Total Assets
1.7:1
Internal Pay Ratio
MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE has 31 executives with disclosed compensation. The highest-paid executive, Jeremy Richert (CEO/Executive Vice President), received peak total compensation of $425,842.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Jeremy Richert | CEO/Executive Vice President | $426K | $338K | 2016–2023 | 5.7x |
| James Lauzon | CEO | $305K | $305K | 2016–2018 | 4.1x |
| Dan Schulte | Director of Operations | $237K | $235K | 2016–2023 | 3.2x |
| Kelly Gibbs | Chief Financial Officer | $210K | $211K | 2016–2023 | 2.8x |
| Brent Wegmann | Director of IT | $210K | $209K | 2017–2023 | 2.8x |
| Dean Koopmann | Director of Tech Services | $206K | $207K | 2022–2023 | 2.7x |
| Daniel Schulte | DIRECTOR OF OPERATIONS | $194K | $194K | 2019–2019 | 2.6x |
| Pete Boffeli | Foreman - Lead Lineman | $178K | $179K | 2021–2021 | 2.4x |
| Tony Sheridan | Lead Lineman - Foreman | $167K | $168K | 2023–2023 | 2.2x |
| Jared Howard | Foreman - Lead Lineman | $166K | $167K | 2018–2020 | 2.2x |
| Jim Waterman | Foreman - Lead Lineman | $161K | $162K | 2018–2020 | 2.1x |
| Anthony Sheridan | Foreman - Lead Lineman | $156K | $157K | 2021–2022 | 2.1x |
| Travis Manders | Lead Lineman - Foreman | $153K | $154K | 2020–2023 | 2x |
| Adam Miller | FOREMAN - LEAD LINEMAN | $142K | $0 | 2017–2019 | 1.9x |
| Mark Schiebe | DIRECTOR OF ENGINEERING | $140K | $0 | 2017–2017 | 1.9x |
| Peter Boffeli | Lead Lineman - Foreman | $139K | $0 | 2022–2022 | 1.9x |
| Rick Olsem | FOREMAN - LEAD LINEMAN | $131K | $0 | 2016–2017 | 1.7x |
| Jesse Kemp | FOREMAN - LEAD LINEMAN | $121K | $0 | 2016–2016 | 1.6x |
| Thomas Stewart | Vice President | $12K | $0 | 2016–2023 | 0.2x |
| Judy Gotto | Treasurer | $12K | $0 | 2016–2023 | 0.2x |
| Ron Thielen | President | $12K | $0 | 2016–2023 | 0.2x |
| Charles McCullough | Assistant Secretary | $11K | $0 | 2016–2023 | 0.2x |
| Larry Swanson | Director | $11K | $0 | 2016–2023 | 0.2x |
| Billie Zumbach | Director | $11K | $0 | 2016–2023 | 0.1x |
| Janice Null | DIRECTOR | $10K | $0 | 2019–2019 | 0.1x |
| Tom Stewart | Vice President | $10K | $0 | 2020–2021 | 0.1x |
| Jan Null | Director | $9K | $0 | 2016–2022 | 0.1x |
| Charlie Peters | Director | $8K | $0 | 2016–2023 | 0.1x |
| Gene Manternach | Secretary | $7K | $0 | 2016–2021 | 0.1x |
| Eugene Manternach | Secretary | $7K | $0 | 2022–2023 | 0.1x |
| Jan Null - Left 092023 | Director | $5K | $0 | 2023–2023 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 15 | $207K | $260K | $414K |
| 2017 | 17 | $224K | $285K | $448K |
| 2018 | 17 | $241K | $305K | $482K |
| 2019 | 16 | $200K | $263K | $801K |
| 2020 | 16 | $214K | $428K | $1.5M |
| 2021 | 16 | $227K | $338K | $1.1M |
| 2022 | 16 | $230K | $355K | $1.4M |
| 2023 | 16 | $218K | $338K | $1.5M |
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