Skip to main content
Filing year 2024

TIPMONT RURAL ELECTRIC MEMBERSHIP CORPORATION

Linden, Indiana·EIN 35-0711159·501(c)(12)
Total revenue
$91.2M
Total assets
$295.4M
Total expenses
$91.2M
Reported officers
16
Mission

DISTRIBUTION OF ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

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

President &
Above 90th percentile
$543k
$585k
Base
$448k
Bonus
Other
Benefits
$42k
CMO
Officer (Unspecified)
$323k
$347k
Base
$278k
Bonus
Other
Benefits
$32k
COO
75th to 90th percentile
$311k
$335k
Base
$278k
Bonus
Other
Benefits
$33k
Customer Exp
Highest Compensated Employee
75th to 90th percentile
$284k
$305k
Base
$270k
Bonus
Other
Benefits
$810
Vp, Finance
Board Vice President
75th to 90th percentile
$255k
$275k
Base
$224k
Bonus
Other
Benefits
$32k
Technology I
Highest Compensated Employee
75th to 90th percentile
$246k
$264k
Base
$213k
Bonus
Other
Benefits
$32k
Director of
Highest Compensated Employee
Median to 75th percentile
$217k
$234k
Base
$162k
Bonus
Other
Benefits
$32k
System Engin
Highest Compensated Employee
Median to 75th percentile
$208k
$223k
Base
$162k
Bonus
Other
Benefits
$31k
Director
Board Member
Median to 75th percentile
$49k
$53k
Director
Board Member
Median to 75th percentile
$44k
$48k
Secretary/tr
Board Treasurer
Above 90th percentile
$40k
$43k
Vice Chairma
Board Vice Chair
Median to 75th percentile
$26k
$28k
Chairman
Board Chair
25th percentile to median
$24k
$26k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Former Officer/director/trustee
10th to 25th percentile
$13k
$14k
Base
$13k
Bonus
Other
Benefits
Director
Board Member
10th to 25th percentile
$3k
$4k

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 20%
from 2023

From $453k in 2023 to $543k in 2024.

$453k
2023
$543k
2024
In today's dollarsEst.
Up 17% in real terms$500k to $585k

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 20% from 2023 to 2024, while revenue rose 6%.

$453k in 2023 to $543k in 2024.
  • Chief Operating Officer pay rose 8% from 2023 to 2024.
  • Highest Compensated Employee pay rose 24% 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

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

RevenueExpenses
$86.4M
$86.3M
2023
$91.2M
$91.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TIPMONT RURAL ELECTRIC MEMBERSHIP CORPORATION

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

In 2024, the Chief Executive Officer of TIPMONT RURAL ELECTRIC MEMBERSHIP CORPORATION received $543,378 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TIPMONT 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 TIPMONT RURAL ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.

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

In 2024, TIPMONT RURAL ELECTRIC MEMBERSHIP CORPORATION reported $91.2M in total revenue and $91.2M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.