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Filing year 2024

LAGRANGE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

LaGrange, Indiana·EIN 35-0457973·501(c)(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 · Part VII & Schedule J · 13 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
$197k
$212k
Base
$193k
Bonus
Other
Benefits
$4k
Employee
Highest Compensated Employee
10th to 25th percentile
$115k
$124k
Employee
Highest Compensated Employee
10th to 25th percentile
$112k
$120k
Employee
Highest Compensated Employee
10th to 25th percentile
$109k
$117k
Employee
Highest Compensated Employee
10th to 25th percentile
$108k
$116k
Employee
Highest Compensated Employee
10th to 25th percentile
$105k
$113k
Vice Preside
Vice President
25th percentile to median
$15k
$16k
President
10th to 25th percentile
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Secretary/tr
Officer (Unspecified)
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$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.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 15%.

$193k in 2023 to $197k in 2024.
  • Highest Compensated Employee pay fell 12% from 2023 to 2024.
  • Vice President 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

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.
FAQ

Common questions about LAGRANGE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

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

In 2024, the Chief Executive Officer of LAGRANGE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION received $197,176 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 LAGRANGE 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 LAGRANGE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION falls between the 75th and 90th percentiles.

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

In 2024, LAGRANGE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION reported $18.4M in total revenue and $18.2M in total expenses on its IRS Form 990.

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