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Filing year 2024

HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Corydon, Indiana·EIN 35-0367872·501(c)(12)
Total revenue
$69.6M
Total assets
$146.4M
Total expenses
$69.6M
Reported officers
15
Mission

THE MISSION OF HARRISON REMC IS TO PROVIDE A WELL-INFORMED MEMBERSHIP WITH SUPERIOR, COMPETITIVELY PRICED, ELECTRIC AND RELATED CUSTOMER SERVICE(S), ACCOMPLISHED BY HIGHLY TRAINED, COMMITTED EMPLOYEES. IT IS FURTHER THE MISSION TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS BY PROMOTING COMMUNITY, ECONOMIC DEVELOPEMENT AND ENERGY EFFICIENCY ACTIVITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
Above 90th percentile
$524k
$564k
Base
$326k
Bonus
Other
Benefits
$198k
Business Manager
75th to 90th percentile
$232k
$250k
Base
$173k
Bonus
Other
Benefits
$59k
Engineering Operations Man
Highest Compensated Employee
Median to 75th percentile
$197k
$212k
Base
$158k
Bonus
Other
Benefits
$39k
Employee
Highest Compensated Employee
25th percentile to median
$156k
$167k
Base
$138k
Bonus
Other
Benefits
$17k
Employee
Highest Compensated Employee
25th percentile to median
$155k
$167k
Base
$150k
Bonus
Other
Benefits
$5k
Employee
Highest Compensated Employee
25th percentile to median
$149k
$161k
President
Board President
Median to 75th percentile
$22k
$24k
Secretary/treasurer
Board Treasurer
75th to 90th percentile
$20k
$21k
Director
Board Member
Median to 75th percentile
$19k
$21k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$17k
$19k
Director
Board Member
25th percentile to median
$15k
$17k
Director
Board Member
25th percentile to median
$14k
$15k
Vice President
Board Vice President
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k

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.

Up 8%
from 2023

From $486k in 2023 to $524k in 2024.

$486k
2023
$524k
2024
In today's dollarsEst.
Up 5% in real terms$537k to $564k

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

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 6%.

$486k in 2023 to $524k in 2024.
  • Business Manager pay rose 7% from 2023 to 2024.
  • Highest Compensated Employee pay rose 5% from 2023 to 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.
Financial trend

Revenue and expenses over time

HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$65.5M
$65.5M
2023
$69.6M
$69.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

What does the Chief Executive Officer of HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION earn?

In 2024, the Chief Executive Officer of HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION received $524,164 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.

What are HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?

In 2024, HARRISON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION reported $69.6M in total revenue and $69.6M in total expenses on its IRS Form 990.

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