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BLUESTEM ELECTRIC COOPERATIVE INC

KS · Mutual Benefit · EIN 481206132

34
Executives Disclosed
$19.0M
Annual Revenue
$64.7M
Total Assets
1.7:1
Internal Pay Ratio

BLUESTEM ELECTRIC COOPERATIVE INC has 34 executives with disclosed compensation. The highest-paid executive, Michael M Morton (GENERAL MANAGER), received peak total compensation of $411,595. The sector average for Mutual Benefit executives is $194K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Michael M Morton GENERAL MANAGER $412K $298K 2018–2024 5.5x
Kenneth Maginley GENERAL MANAGER/CEO $309K $277K 2016–2017 4.1x
Tim Diederich MANAGER OF LINE OPERATIONS $200K $201K 2018–2021 2.7x
Mike Morton ASSISTANT MANAGER $198K $199K 2016–2017 2.6x
John Bettencourt MANAGER OF AMI AND IT $191K $159K 2020–2022 2.5x
Marla Marshall-Until Nov 2020 OFFICE MANAGER/ACCOUNTANT $188K $189K 2020–2020 2.5x
Jason Moore ASSISTANT GENERAL MANAGER $187K $189K 2018–2022 2.5x
Marla Marshall OFFICE MANAGER/ACCOUNTANT $178K $179K 2018–2019 2.4x
Jerod Chaffee MANAGER OF LINE OPERATIONS $172K $173K 2023–2024 2.3x
Aaron Massie OPERATIONS FOREMAN $162K $163K 2024–2024 2.2x
Thad Donnelly ASSISTANT MANAGER OF LINE OPERATIONS $161K $163K 2023–2023 2.2x
Trisha Bradley MANAGER OF ACCOUNTING & FINANCE $160K $161K 2022–2024 2.1x
Tim Wolf JOURNEYMAN LINEMAN $156K $157K 2024–2024 2.1x
Shelton Allen JOURNEYMAN LINEMAN $147K $0 2024–2024 2x
Baylee Easterberg JOURNEYMAN LINEMAN $134K $0 2023–2024 1.8x
Gary Buss TRUSTEE $28K $0 2016–2024 0.4x
Mark Diederich PRESIDENT $28K $0 2019–2024 0.4x
Bruce Meyer SECRETARY $22K $0 2016–2024 0.3x
Donald Classen VICE PRESIDENT $18K $0 2016–2024 0.2x
Patricia Bloomdahl TRUSTEE $17K $0 2020–2024 0.2x
Richard Ridder TRUSTEE $17K $0 2016–2024 0.2x
Amanda Gnadt TREASURER $15K $0 2021–2024 0.2x
Robert M Ohlde TRUSTEE - RESIGNED 12/18 $12K $0 2016–2018 0.2x
Steve Ohlde TRUSTEE $11K $0 2019–2024 0.1x
Stephen O'Shea TRUSTEE $11K $0 2021–2024 0.1x
Dan Pollock TRUSTEE (AS OF 02/2024) $11K $0 2016–2024 0.1x
Michael Leitch TRUSTEE $10K $0 2022–2023 0.1x
Dean Blanka TRUSTEE $10K $0 2016–2021 0.1x
Matthew Rezac TRUSTEE $10K $0 2023–2024 0.1x
Ervin Gnadt TRUSTEE $9K $0 2016–2020 0.1x
Harold McCarter TRUSTEE $7K $0 2016–2020 0.1x
Bill Pannbacker VICE PRESIDENT - RESIGNED 12/18 $6K $0 2017–2018 0.1x
William Pannbacker TRUSTEE $6K $0 2016–2016 0.1x
Don Sutter TRUSTEE $4K $0 2016–2019 0.1x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 13 $249K $311K $498K
2017 13 $238K $277K $476K
2018 15 $202K $272K $607K
2019 15 $226K $382K $906K
2020 16 $232K $414K $1.2M
2021 15 $210K $262K $839K
2022 15 $210K $283K $631K
2023 16 $204K $293K $611K
2024 18 $191K $298K $953K
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