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Filing year 2024

MORGAN COUNTY RURAL WATER CORPORATION

Martinsville, Indiana·EIN 35-1105987·501(c)(12)
Total revenue
$2.6M
Total assets
$21.3M
Total expenses
$2.4M
Reported officers
9
Mission

PROVIDE POTABLE WATER TO ITS MEMBERS

Executive compensation

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Member
Board Member
10th to 25th percentile
$3k
$3k
Member
Board Member
10th to 25th percentile
$3k
$3k
Vice President
10th to 25th percentile
$3k
$3k
Member
Board Member
10th to 25th percentile
$3k
$3k
Member
Board Member
10th to 25th percentile
$2k
$3k
Treasurer
Below 10th percentile
$2k
$3k
Member
Board Member
10th to 25th percentile
$2k
$2k
President
Below 10th percentile
$2k
$2k
Member
Board Member
Below 10th percentile
$600
$645

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.

Pay for the position

Board Member pay rose 36% from 2023 to 2024, while revenue rose 3%.

$2k in 2023 to $3k in 2024.
  • Vice President pay rose 29% from 2023 to 2024.
  • Chief Financial Officer pay rose 23% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

MORGAN COUNTY RURAL WATER CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.6M
$2.2M
2023
$2.6M
$2.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MORGAN COUNTY RURAL WATER CORPORATION

What does the Board Member of MORGAN COUNTY RURAL WATER CORPORATION earn?

In 2024, the Board Member of MORGAN COUNTY RURAL WATER CORPORATION received $2,850 in total compensation. This pay is in the bottom quarter for Board Member roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MORGAN COUNTY RURAL WATER CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at MORGAN COUNTY RURAL WATER CORPORATION falls between the 10th and 25th percentiles.

What are MORGAN COUNTY RURAL WATER CORPORATION's revenue and expenses?

In 2024, MORGAN COUNTY RURAL WATER CORPORATION reported $2.6M in total revenue and $2.4M in total expenses on its IRS Form 990.

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