Compensation 990

Pioneer Rural Electric Cooperative Inc.

Fiscal year ending 2024. Filed on May 12, 2025.

344 West Us Route 36
Piqua, Ohio 45356

Pioneer Rural Electric Cooperative Inc. (EIN: 31-0407700) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Pioneer Rural Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 62 total employees. Among the employees shown here, the average compensation is $221,757. The highest compensated employee at Pioneer Rural Electric Cooperative Inc. is Ronald P Salyer with fiscal year 2024 compensation of $338,016.

Revenue, expenses, and employee compensation

Revenue

$83,454,628

Expenses

$83,454,628

Employee compensation

$6,553,356
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－17.6%vs 2023
Ronald P Salyer
President and Chief Executive Officer
$338,016
$223,503 from orgNo related comp$114,513 other
＋6.2%vs 2023
Susan M Knore
Vice President and Chief Financial Officer
$268,544
$199,230 from orgNo related comp$69,314 other
＋8.1%vs 2023
F Lynn Maniaci
Director of Tech Services and Engring
$267,828
$180,380 from orgNo related comp$87,448 other
＋7.9%vs 2023
Steven A McClay
Director of Operations and Safety
$257,948
$161,073 from orgNo related comp$96,875 other
＋10.4%vs 2023
Jeff Dietz
Engineering Manager
$234,120
$174,298 from orgNo related comp$59,822 other
New in 2024
Thomas Musick
President and Chief Executive Officer
$227,734
$109,396 from orgNo related comp$118,338 other
＋7.8%vs 2023
Todd D Garrett
Manager of Community and Gov'T Relations
$220,828
$154,553 from orgNo related comp$66,275 other
＋5.6%vs 2021
Randy Carnahan
Leader Lineman
$176,041
$135,378 from orgNo related comp$40,663 other
New in 2024
Terry Householder
Board Member Emeritus
$4,755
$4,755 from orgNo related compNo other comp

Non-Employee Board Members

＋29.5%vs 2023
Mark A Bailey
Chair
$17,765
$17,765 from orgNo related compNo other comp
＋12.2%vs 2023
John Goettemoeller
Secretary
$17,345
$17,345 from orgNo related compNo other comp
－1.0%vs 2023
Colleen R Eidemiller
First Vice Chair
$15,740
$15,740 from orgNo related compNo other comp
＋16.9%vs 2023
Wade Wilhelm
Board Member
$14,930
$14,930 from orgNo related compNo other comp
＋8.2%vs 2023
John Vulgamore
Treasurer
$14,408
$14,408 from orgNo related compNo other comp
＋19.4%vs 2023
Ted Black
Board Member
$14,255
$14,255 from orgNo related compNo other comp
＋1.9%vs 2023
Roger Bertke
Second Vice Chair
$14,255
$14,255 from orgNo related compNo other comp
－4.7%vs 2023
Robert Billings
Board Member
$13,040
$13,040 from orgNo related compNo other comp
New in 2024
Bill Clark
Board Member
$9,835
$9,835 from orgNo related compNo other comp

Mission Statement

Committed to exceeding the energy needs and expectations of our consumer-members by providing safe, high quality and responsive service at fair prices.

Revisions to this organization profile

May 12, 2025:
2024 Pioneer Rural Electric Cooperative Inc. 990 filed
April 11, 2024:
2023 Pioneer Rural Electric Cooperative Inc. 990 filed
May 11, 2023:
2022 Pioneer Rural Electric Cooperative Inc. 990 filed

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