Mission
PROVIDE RELIABLE, SAFE AND COST-COMPETITIVE ELECTRIC SERVICE TO ENHANCE THE LIVES OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.
Executive compensation, broken down
Form 990 · Schedule J · 17 reported individuals · Filing year 2024
$300k
$323k
- Base
- $222k
- Bonus
- —
- Other
- —
- Benefits
- $78k
Chief Operations Officer
highest compensated employee
$218k
$235k
- Base
- $167k
- Bonus
- —
- Other
- —
- Benefits
- $51k
Employee
highest compensated employee
$209k
$225k
- Base
- $145k
- Bonus
- —
- Other
- —
- Benefits
- $64k
Employee
highest compensated employee
$180k
$193k
- Base
- $133k
- Bonus
- —
- Other
- —
- Benefits
- $47k
Employee
highest compensated employee
$179k
$192k
- Base
- $139k
- Bonus
- —
- Other
- —
- Benefits
- $39k
Employee
highest compensated employee
$169k
$181k
- Base
- $132k
- Bonus
- —
- Other
- —
- Benefits
- $37k
Vice President
vice president
$11k
$12k
Secretary
board secretary
$11k
$12k
Director
board member
$10k
$10k
Treasurer
board treasurer
$9k
$10k
President
board president
$8k
$9k
Director
board member
$7k
$7k
Director
board member
$4k
$5k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $222k | — | — | $78k | $300k $323k |
Chief Operations Officer highest compensated employee | $167k | — | — | $51k | $218k $235k |
Employee highest compensated employee | $145k | — | — | $64k | $209k $225k |
Employee highest compensated employee | $133k | — | — | $47k | $180k $193k |
Employee highest compensated employee | $139k | — | — | $39k | $179k $192k |
Employee highest compensated employee | $132k | — | — | $37k | $169k $181k |
Vice President vice president | — | — | — | — | $11k $12k |
Secretary board secretary | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $10k $10k |
Treasurer board treasurer | — | — | — | — | $9k $10k |
President board president | — | — | — | — | $8k $9k |
Director board member | — | — | — | — | $7k $7k |
Director board member | — | — | — | — | $4k $5k |
Director board member | — | — | — | — | $4k $4k |
Director board member | — | — | — | — | $4k $4k |
Director board member | — | — | — | — | $4k $4k |
Director board member | — | — | — | — | $4k $4k |
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 12%
from 2023
From $267k in 2023 to $300k in 2024.
$267k
2023
$300k
2024
$267k
2023
$300k
2024
In today's dollarsEst.
Up 9% in real terms$295k to $323k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
HENRY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.
RevenueExpenses
$30.7M
$30.7M
2023
$32.6M
$32.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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