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MIDWEST ELECTRIC COOPERATIVE CORPORATION
MIDWEST ELECTRIC COOPERATIVE CORPORATION
NE · EIN 470348438
26
Executives Disclosed
$33.6M
Annual Revenue
$87.5M
Total Assets
1.7:1
Internal Pay Ratio
MIDWEST ELECTRIC COOPERATIVE CORPORATION has 26 executives with disclosed compensation. The highest-paid executive, Jayson Bishop (GENERAL MANAGER), received peak total compensation of $299,807.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Jayson Bishop | GENERAL MANAGER | $300K | $300K | 2018–2024 | 4x |
| Larry Umberger | GENERAL MANAGER | $242K | $242K | 2017–2019 | 3.2x |
| Kraig Wykert | OPERATIONS MANAGER | $192K | $192K | 2022–2024 | 2.6x |
| Seth Cockerill | GRANT FOREMAN | $191K | $191K | 2024–2024 | 2.5x |
| Tim Johnson | APPARATUS TECHNICIAN | $189K | $189K | 2022–2024 | 2.5x |
| Karl Lake | ENGINEERING MANAGER | $183K | $183K | 2022–2024 | 2.4x |
| Kyle R Deeds | FOREMAN | $179K | $179K | 2022–2024 | 2.4x |
| Riley D Kennedy | FINANCIAL MANAGER | $168K | $168K | 2018–2024 | 2.2x |
| Bruce A Geisert | METER TECHNICIAN | $163K | $163K | 2021–2021 | 2.2x |
| Karl D Lake | ENGINEERING MANAGER | $161K | $161K | 2021–2021 | 2.1x |
| Kirk Heimes | METER TECHNICIAN | $159K | $159K | 2023–2023 | 2.1x |
| Kelly McCloskey | STAKING ENGINEER | $156K | $156K | 2022–2022 | 2.1x |
| Chris Schrotberger | OPERATIONS MANAGER | $151K | $151K | 2020–2020 | 2x |
| Vance McCoy | TREASURER | $9K | $0 | 2017–2024 | 0.1x |
| Brad Harms | DIRECTOR | $7K | $0 | 2019–2024 | 0.1x |
| Dennis Hutt | DIRECTOR | $7K | $0 | 2017–2024 | 0.1x |
| Chris Cornelius | DIRECTOR | $6K | $0 | 2017–2024 | 0.1x |
| Mark McConnell | DIRECTOR | $6K | $0 | 2018–2024 | 0.1x |
| Gavin McClintock | SECRETARY | $6K | $0 | 2017–2024 | 0.1x |
| Shawn Turner | PRESIDENT | $6K | $0 | 2017–2024 | 0.1x |
| Brent Nelson | DIRECTOR MARCH-DECEMBER | $5K | $0 | 2024–2024 | 0.1x |
| Dale Schroeder | DIRECTOR JANUARY-FEBRUARY | $5K | $0 | 2018–2024 | 0.1x |
| Nick Hanson | VICE PRESIDENT | $5K | $0 | 2017–2024 | 0.1x |
| Ron Ivers | DIRECTOR | $4K | $0 | 2017–2019 | 0.1x |
| Nathan Geisert | PAST SECRETARY | $4K | $0 | 2017–2018 | 0.1x |
| Greg Fleecs | Past Secretary | $825 | $0 | 2017–2017 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2017 | 10 | $225K | $225K | $225K |
| 2018 | 13 | $192K | $227K | $384K |
| 2019 | 13 | $210K | $242K | $421K |
| 2020 | 12 | $174K | $198K | $349K |
| 2021 | 13 | $190K | $246K | $571K |
| 2022 | 16 | $178K | $254K | $1.1M |
| 2023 | 16 | $185K | $277K | $1.3M |
| 2024 | 17 | $200K | $300K | $1.4M |
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