HENDRICKS POWER COOPERATIVE EXISTS TO DISTRIBUTE HIGH QUALITY, RELIABLE, AND COMPETITIVELY VALUED ELECTRIC ENERGY TO ITS MEMBER OWNERS IN AN ENVIRONMENTALLY RESPONSIBLE MANNER.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $370k
- Bonus
- $600
- Other
- $45k
- Benefits
- $29k
- Base
- $168k
- Bonus
- $600
- Other
- $11k
- Benefits
- $28k
- Base
- $171k
- Bonus
- $600
- Other
- $9k
- Benefits
- $23k
- Base
- $173k
- Bonus
- $5k
- Other
- $5k
- Benefits
- $28k
- Base
- $171k
- Bonus
- $5k
- Other
- $8k
- Benefits
- $2k
- Base
- $170k
- Bonus
- $5k
- Other
- $7k
- Benefits
- $14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $370k | $600 | $45k | $29k | $678k $729k |
Director of Finance & Memb 75th to 90th percentile | $168k | $600 | $11k | $28k | $259k $279k |
Director of Engineering Highest Compensated Employee 75th to 90th percentile | $171k | $600 | $9k | $23k | $246k $265k |
Director of Operations & B 75th to 90th percentile | $173k | $5k | $5k | $28k | $235k $253k |
Director of Technology Highest Compensated Employee Median to 75th percentile | $171k | $5k | $8k | $2k | $226k $243k |
Director of Human Resource Highest Compensated Employee Median to 75th percentile | $170k | $5k | $7k | $14k | $226k $243k |
Vice President Board Vice President 25th percentile to median | — | — | — | — | $27k $29k |
Director Board Member Median to 75th percentile | — | — | — | — | $26k $27k |
President 10th to 25th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $20k $22k |
Director Board Member Median to 75th percentile | — | — | — | — | $20k $22k |
Secretary (start 07/24) Officer (Unspecified) | — | — | — | — | $19k $20k |
Director Board Member Median to 75th percentile | — | — | — | — | $19k $20k |
Treasurer Board Treasurer 75th to 90th percentile | — | — | — | — | $17k $18k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $9k |
Secretary (thru 07/24) Officer (Unspecified) | — | — | — | — | $8k $9k |
Director (thru 07/24) Board Member 25th percentile to median | — | — | — | — | $8k $9k |
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 11%
from 2023
From $609k in 2023 to $678k in 2024.
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.
Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 7%.
- Chief Financial Officer pay rose 2% from 2023 to 2024.
- Highest Compensated Employee pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.
Common questions about HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION
What does the Chief Executive Officer of HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION earn?
In 2024, the Chief Executive Officer of HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION received $677,765 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 HENDRICKS 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 HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.
What are HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?
In 2024, HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION reported $115.9M in total revenue and $115.9M in total expenses on its IRS Form 990.
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