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Filing year 2024

JAY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Portland, Indiana·EIN 35-0420975·501(c)(12)
Total revenue
$24M
Total assets
$37.4M
Total expenses
$21.8M
Reported officers
15
Mission

THE MOST SIGNIFICANT ACTIVITY OF THE ELECTRIC COOPERATIVE IS THE DISTRIBUTION OF ELECTRICITY.

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.

CEO
75th to 90th percentile
$252k
$271k
Base
$202k
Bonus
Other
Benefits
$50k
Engineering
Highest Compensated Employee
25th percentile to median
$157k
$169k
Base
$124k
Bonus
Other
Benefits
$33k
Working Fore
Highest Compensated Employee
25th percentile to median
$151k
$162k
Base
$134k
Bonus
Other
Benefits
$17k
Journeyman L
Highest Compensated Employee
25th percentile to median
$147k
$158k
Journeyman L
Highest Compensated Employee
25th percentile to median
$136k
$146k
Journeyman L
Highest Compensated Employee
10th to 25th percentile
$128k
$138k
Director
Board Member
Median to 75th percentile
$22k
$24k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$20k
$21k
Director
Board Member
25th percentile to median
$13k
$14k
Chairman
Board Chair
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k

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 46%
from 2023

From $173k in 2023 to $252k in 2024.

$173k
2023
$252k
2024
In today's dollarsEst.
Up 42% in real terms$191k to $271k

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 46% from 2023 to 2024, while revenue rose 3%.

$173k in 2023 to $252k in 2024.
  • Highest Compensated Employee pay rose 4% from 2023 to 2024.
  • Board Member pay fell 3% 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

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

RevenueExpenses
$23.2M
$21.5M
2023
$24M
$21.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about JAY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

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

In 2024, the Chief Executive Officer of JAY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION received $251,863 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at JAY 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 JAY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION falls between the 75th and 90th percentiles.

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

In 2024, JAY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION reported $24M in total revenue and $21.8M in total expenses on its IRS Form 990.

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