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Filing year 2024

BATTERY INNOVATION CENTER INC

Newberry, Indiana·EIN 45-4110850·NTEE S30 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$4.8M
Total assets
$9.6M
Total expenses
$4.7M
Reported officers
4
Mission

TO ENHANCE AWARENESS AND INCREASE RESOURCES FOR INDIANA BASED RESEARCH AND DEVELOPMENT IN THE ADVANCED ENERGY STORAGE INDUSTRY IN ORDER TO FOSTER ECONOMIC DEVELOPMENT AND POSITION INDIANA AS A GLOBAL LEADER IN THE ADVANCED ENERGY STORAGE INDUSTRY AND TO ENCOURAGE AND PROMOTE THE BUSINESS INTERESTS OF INDIANA'S ADVANCED ENERGY STORAGE INDUSTRY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Secretary/bo
Board Secretary
Above 90th percentile
$521k
$560k
Base
$521k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BATTERY INNOVATION CENTER INC equaled 11% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
11%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2023

From $450k in 2023 to $521k in 2024.

$450k
2023
$521k
2024
In today's dollarsEst.
Up 13% in real terms$497k to $560k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Secretary pay rose 16% from 2023 to 2024, while revenue rose 16%.

$450k in 2023 to $521k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BATTERY INNOVATION CENTER INC

What does the Board Secretary of BATTERY INNOVATION CENTER INC earn?

In 2024, the Board Secretary of BATTERY INNOVATION CENTER INC received $520,625 in total compensation. This pay is in the top 10% for Board Secretary roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Secretary pay at BATTERY INNOVATION CENTER INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Board Secretary at BATTERY INNOVATION CENTER INC falls in the top 10%. In 2024, the highest total compensation at BATTERY INNOVATION CENTER INC equaled 11% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are BATTERY INNOVATION CENTER INC's revenue and expenses?

In 2024, BATTERY INNOVATION CENTER INC reported $4.8M in total revenue and $4.7M in total expenses on its IRS Form 990.

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