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Filing year 2024

SOUTHEASTERN INDIANA RURAL ELECTRIC MEMBERSHIP CORPORATION

Osgood, Indiana·EIN 35-0672337·12
Total revenue
$37.9M
Total assets
$328.8M
Total expenses
$37.9M
Reported officers
16
Mission

THE CORPORATE PURPOSE OF SOUTHEASTERN INDIANA REMC SHALL BE TO RENDER SERVICE(S) TO ITS MEMBERS. NO PERSON SHALL BECOME OR REMAIN A MEMBER OF THE COOPERATIVE UNLESS SUCH PERSON SHALL PURCHASE ELECTRIC SUPPLIED BY THE COOPERATIVE AND SHALL HAVE COMPLIED WITH THE TERMS AND CONDITIONS OF MEMBERSHIP CONTAINED IN THE BYLAWS.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Chief Executive Officer (ceo)
$465k
$500k
Base
$303k
Bonus
Other
Benefits
$33k
Vice President of Comm & Creative Srvcs
vice president
$243k
$261k
Base
$136k
Bonus
Other
Benefits
$28k
Vice President of Operations
vice president
$218k
$234k
Base
$149k
Bonus
Other
Benefits
$31k
Chief Financial Officer (cf0)
$212k
$228k
Base
$140k
Bonus
Other
Benefits
$34k
Vice President of I.t. and Diversified Srvc
vice president
$209k
$225k
Base
$143k
Bonus
Other
Benefits
$30k
Vice President of Design and Engineering
vice president
$197k
$212k
Base
$150k
Bonus
Other
Benefits
$17k
Vice President of Office Services
vice president
$180k
$193k
Base
$138k
Bonus
Other
Benefits
$24k
Director
board member
$20k
$21k
Director
board member
$19k
$20k
Director, Vice President
vice president
$19k
$20k
Director
board member
$16k
$17k
Director
board member
$16k
$17k
Director
board member
$15k
$16k
Director, Secretary
officer (unspecified)
$15k
$16k
Director, President
$15k
$16k
Director, Treasurer
officer (unspecified)
$14k
$15k

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 18%
from 2023

From $393k in 2023 to $465k in 2024.

$393k
2023
$465k
2024
In today's dollarsEst.
Up 15% in real terms$434k to $500k

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

SOUTHEASTERN INDIANA RURAL ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$36M
$36M
2023
$37.9M
$37.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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