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NORTH WEST RURAL ELECTRIC COOPERATIVE

IA · EIN 421404169

34
Executives Disclosed
$61.5M
Annual Revenue
$153.4M
Total Assets
2:1
Internal Pay Ratio

NORTH WEST RURAL ELECTRIC COOPERATIVE has 34 executives with disclosed compensation. The highest-paid executive, Lyle D Korver (CEO), received peak total compensation of $332,510.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Lyle D Korver CEO $333K $335K 2016–2024 4.4x
Curtis F Ahrenholz FINANCE DIRECTOR $170K $171K 2017–2024 2.3x
Derald E Philips Safety Loss CONTROL DIRECTOR - END 10/2023 $165K $166K 2023–2023 2.2x
Douglas J Alons OPERATIONS DIRECTOR $163K $164K 2018–2024 2.2x
Robert J Driesen MEMBER SERVICES DIRECTOR $157K $158K 2021–2024 2.1x
Derrick W Haak ASSISTANT OPERATIONS DIRECTOR $154K $155K 2020–2024 2.1x
Michael A Berkenpas LEAD LINEMAN $146K $0 2020–2024 1.9x
Justin D Nippert LEAD LINEMAN $145K $0 2024–2024 1.9x
Douglas White LEAD LINEMAN $135K $0 2023–2023 1.8x
Derald E Philips SAFETY & LOSS CONTROL DIRECTOR $129K $0 2020–2022 1.7x
Douglas L White LEAD LINEMAN $115K $0 2020–2020 1.5x
Curtis Fahrenholz FINANCE DIRECTOR $113K $0 2016–2016 1.5x
Jeff Rehder PRESIDENT $13K $0 2016–2024 0.2x
Shirley Benson DIRECTOR UNTIL 12/2021 $11K $0 2016–2021 0.2x
Dave Bosma DIRECTOR $11K $0 2019–2024 0.1x
Shirley Schroeder - Director (UNTIL 3/24)/ASST S/T(AS OF 4/24) $11K $0 2024–2024 0.1x
Steve Brown SECRETARY $10K $0 2016–2024 0.1x
Dan Van Beek DIRECTOR $9K $0 2023–2024 0.1x
Dale Ullrich - Asst St (UNTIL 3/24)/VP(AS OF 4/24) $9K $0 2024–2024 0.1x
Dale Ullrich ASST SECRETARY/TREASURER $9K $0 2018–2023 0.1x
Dan Hoffman DIRECTOR $9K $0 2018–2024 0.1x
Steve Abma DIRECTOR $9K $0 2016–2024 0.1x
Douglas Becker VICE PRESIDENT $9K $0 2016–2023 0.1x
Tom Wagner TREASURER $8K $0 2016–2024 0.1x
Shirley Schroeder DIRECTOR $7K $0 2022–2023 0.1x
Scott Feuerhelm DIRECTOR $7K $0 2016–2024 0.1x
Douglas Becker - Vp Until 3/24)/DIRECTOR(AS OF 4/24) $7K $0 2024–2024 0.1x
Delbert Beyer DIRECTOR (LEFT 3/19) $7K $0 2016–2019 0.1x
Chad Dau DIRECTOR - END 03/2023 $6K $0 2016–2023 0.1x
Raymond Drey DIRECTOR $6K $0 2016–2016 0.1x
Virdene Otto DIRECTOR (LEFT 3/18) $5K $0 2016–2018 0.1x
Dale Ullrich - Joined 42017 DIRECTOR $5K $0 2017–2017 0.1x
Gaylen Tapper DIRECTOR UNTIL 03/2016 $2K $0 2016–2016 0x
Raymond Drey - Left 32017 DIRECTOR $1K $0 2017–2017 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 14 $230K $230K $230K
2017 14 $238K $238K $238K
2018 15 $246K $246K $246K
2019 15 $254K $254K $254K
2020 18 $266K $266K $266K
2021 18 $275K $275K $275K
2022 18 $284K $284K $284K
2023 19 $189K $312K $943K
2024 18 $197K $335K $983K
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