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Filing year 2024

LAGRANGE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

LaGrange, Indiana·EIN 35-0457973·12
Total revenue
$18.4M
Total assets
$59.6M
Total expenses
$18.2M
Reported officers
13
Mission

AS A MEMBER OWNED, NON-PROFIT SERVICE ORGANIZATION, OUR MISSION IS TO PROVIDE EFFICIENT AND RELIABLE ELECTRIC SERVICE TO OUR MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

Base
$193k
Bonus
Other
Benefits
$4k
Employee
highest compensated employee
$115k
$124k
Employee
highest compensated employee
$112k
$120k
Employee
highest compensated employee
$109k
$117k
Employee
highest compensated employee
$108k
$116k
Employee
highest compensated employee
$105k
$113k
Vice Preside
vice president
$15k
$16k
$15k
$16k
Director
board member
$14k
$15k
Director
board member
$14k
$15k
Secretary/tr
officer (unspecified)
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$13k
$14k

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 2%
from 2023

From $193k in 2023 to $197k in 2024.

$193k
2023
$197k
2024
In today's dollarsEst.
Down 1% in real terms$213k to $212k

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

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

RevenueExpenses
$16M
$16.3M
2023
$18.4M
$18.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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