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Filing year 2024

NEWTON COUNTY REMC

Goodland, Indiana·EIN 35-0547565·12
Total revenue
$7.6M
Total assets
$12.5M
Total expenses
$7.3M
Reported officers
10
Mission

TO PROVIDE ELECTRICITY TO ITS MEMBERS/CUSTOMERS

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$159k
$170k
Base
$121k
Bonus
Other
Benefits
$12k
Line Foreman
highest compensated employee
$150k
$161k
Base
$107k
Bonus
Other
Benefits
$24k
Line Superintendent
highest compensated employee
$147k
$158k
Director
board member
$7k
$8k
Director
board member
$6k
$6k
Director
board member
$6k
$6k
Secretary/treasurer
officer (unspecified)
$6k
$6k
Vice President
vice president
$5k
$6k
Director
board member
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 9%
from 2023

From $146k in 2023 to $159k in 2024.

$146k
2023
$159k
2024
In today's dollarsEst.
Up 5% in real terms$162k to $170k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, 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

NEWTON COUNTY REMC reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.4M
$7M
2023
$7.6M
$7.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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