Compensation 990

Central Electric Power Cooperative

Fiscal year ending 2024. Filed on September 3, 2025.

PO Box 269
Jefferson City, Missouri 65102

Central Electric Power Cooperative (EIN: 44-0542660) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Central Electric Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 14 out of 127 total employees. Among the employees shown here, the average compensation is $295,042. The highest compensated employee at Central Electric Power Cooperative is Christopher M Turner with fiscal year 2024 compensation of $890,719.

Revenue, expenses, and employee compensation

Revenue

$269,590,281

Expenses

$269,590,281

Employee compensation

$4,213,831
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－1.7%vs 2023
Christopher M Turner
Ceogeneral Manager
$890,719
$762,948 from orgNo related comp$127,771 other
＋5.3%vs 2023
Mark Newbold
Vice President of Admin Services
$349,705
$246,029 from orgNo related comp$103,676 other
＋4.0%vs 2023
Michael B Bax
Vice President, Engineering
$317,178
$253,554 from orgNo related comp$63,624 other
＋3.8%vs 2023
Adam M Weber
Vice President of Transmission Services
$316,278
$253,708 from orgNo related comp$62,570 other
＋7.6%vs 2023
Daniel Wortmann
Vice President, Information Technology
$306,157
$213,064 from orgNo related comp$93,093 other
＋5.8%vs 2023
Christopher Duncan
Vice President of Telecommunications
$282,554
$203,309 from orgNo related comp$79,245 other
＋6.9%vs 2023
Randall Bock
Mgr of Network&Software Development
$227,452
$156,865 from orgNo related comp$70,587 other
＋7.5%vs 2023
Nancy Gibler
Vice President, Business Development
$226,699
$170,536 from orgNo related comp$56,163 other
New in 2024
Gretchen Bame
Cfpvp of Finance
$224,320
$198,360 from orgNo related comp$25,960 other
－8.2%vs 2023
Kirby Ernst
Manager of Accounting
$213,492
$145,619 from orgNo related comp$67,873 other
＋5.7%vs 2023
Adam Seaver
General Superintendent
$207,194
$161,604 from orgNo related comp$45,590 other
＋4.4%vs 2023
Jeff Kremer
Mgr of Safety and HR
$204,038
$147,564 from orgNo related comp$56,474 other

Non-Employee Board Members

±0%vs 2023
Garnett Garrett
Director
$11,250
$11,250 from orgNo related compNo other comp
±0%vs 2023
Dale Kriby
Director
$11,250
$11,250 from orgNo related compNo other comp
±0%vs 2023
Tom Loehner
Director
$11,250
$11,250 from orgNo related compNo other comp
－12.5%vs 2023
Joel Bullard
Director
$10,500
$10,500 from orgNo related compNo other comp
New in 2024
Mike Vanmaanen
Director
$9,750
$9,750 from orgNo related compNo other comp
－13.3%vs 2023
Robert Leftwich
Director
$9,750
$9,750 from orgNo related compNo other comp
±0%vs 2023
Diane Saale
Director
$9,750
$9,750 from orgNo related compNo other comp
－53.3%vs 2023
Rodney Schad
Director
$5,250
$5,250 from orgNo related compNo other comp
New in 2024
Rick Purdon
Director
$4,500
$4,500 from orgNo related compNo other comp
Lynn Thompson
Secretary and Treasurer
No compensation reported
Emery Geisendorfer Jr
Director
No compensation reported
New in 2024
Doug Tracy
Director
No compensation reported

Mission Statement

Central Electric Power is a generation and transmission cooperative providing energy to distribution cooperatives in central Missouri.

Other organizations also named Central Electric Power Cooperative

Central Electric Power Cooperative Inc.
Columbia, South Carolina

Revisions to this organization profile

September 3, 2025:
2024 Central Electric Power Cooperative 990 filed
August 29, 2024:
2023 Central Electric Power Cooperative 990 filed
October 25, 2023:
2022 Central Electric Power Cooperative 990 filed

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