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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Monroe County Electric Cooperative Inc

Monroe County Electric Cooperative Inc

Fiscal year ending 2023. Filed on October 22, 2024.

PO Box 128
Waterloo, Illinois 62298

Monroe County Electric Cooperative Inc (EIN: 37-0425335) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Monroe County Electric Cooperative Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 27 total employees. Among the employees shown here, the average compensation is $203,119. The highest compensated employee at Monroe County Electric Cooperative Inc is Alan Wattles with fiscal year 2023 compensation of $342,938.

Revenue, expenses, and employee compensation

Revenue

$18,872,783

Expenses

$18,872,783

Employee compensation

$1,468,876
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alan Wattles
President and Chief Executive Officer
$342,938
$215,292 No related comp$127,646
Christopher Scott
Operations Supervisor
$210,861
$152,020 No related comp$58,841
Ronald Rusteberg
Foreman
$206,958
$137,007 No related comp$69,951
Robert Gross
Foreman
$183,416
$132,671 No related comp$50,745
Christopher Deterding
Foreman
$175,072
$127,331 No related comp$47,741
Tracy Patton
Chief Financial Officer
$152,377
$106,400 No related comp$45,977
Andrew Gotto
Journeyman
$150,214
$128,560 No related comp$21,654

Benchmark Employee Compensation

Non-Employee Board Members

Larry Kraft
Director
$8,250
$8,250 No related compNo other comp
George Obernagel
Director
$6,750
$6,750 No related compNo other comp
Richard Neff
Director
$5,250
$5,250 No related compNo other comp
Amy Hoffman-Rohlfing
Diarector
$5,200
$5,200 No related compNo other comp
Greg Gregson
Director
$4,900
$4,900 No related compNo other comp
Quent Stenzel
Director
$4,800
$4,800 No related compNo other comp
Jeff Hoffmann
Director
$4,300
$4,300 No related compNo other comp
Rich Hollis
Director
$3,950
$3,950 No related compNo other comp
Joel Harres
Director
$3,350
$3,350 No related compNo other comp

Contractors

Osmose Utilities Services Inc.
Pole Inspections
$225,571
National Information Solutions
Computer Support
$164,688

Mission Statement

As a member owned organization, Monroe County Electric Cooperatives mission is to provide and maintain quality electric and related services for the benefit and well-being of its members.

Revisions to this organization profile

November 13, 2025:
2024 Monroe County Electric Cooperative Inc 990 filed
October 22, 2024:
2023 Monroe County Electric Cooperative Inc 990 filed
August 28, 2023:
2022 Monroe County Electric Cooperative Inc 990 filed

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