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Filing year 2024

WABASH VALLEY POWER ASSOCIATION INC

Indianapolis, Indiana·EIN 35-1274565·501(c)(12)
Total revenue
$805.6M
Total assets
$1.7B
Total expenses
$771.6M
Reported officers
36
Mission

WABASH VALLEY POWER ASSOCIATION, INC. IS AN ELECTRIC GENERATION AND TRANSMISSION COOPERATIVE WHICH EXISTS TO MEET THE COLLECTIVE NEEDS OF OUR MEMBER-OWNERS AND PROVIDE RELIABLE, STABLE, AND RESPONSIBLE ENERGY SOLUTIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 35 reported individuals · Filing year 2024

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

President and CEO
Above 90th percentile
$892k
$960k
Base
$727k
Bonus
Other
$51k
Benefits
$30k
COO
Above 90th percentile
$383k
$412k
Base
$304k
Bonus
$1k
Other
$43k
Benefits
$28k
Exec. Vp, Power Supply
Board Vice President
Above 90th percentile
$381k
$410k
Base
$323k
Bonus
$9k
Other
$9k
Benefits
$34k
Exec. Vp, Technology Services
Board Vice President
Above 90th percentile
$341k
$367k
Base
$244k
Bonus
$9k
Other
$54k
Benefits
$28k
Vp, Strat. Elec. & Mem. Relations
Board Vice President
Above 90th percentile
$339k
$365k
Base
$282k
Bonus
$9k
Other
$15k
Benefits
$28k
Director, Field Operations
75th to 90th percentile
$254k
$273k
Base
$201k
Bonus
$2k
Other
$16k
Benefits
$32k
Director of System Operations
75th to 90th percentile
$240k
$259k
Base
$196k
Bonus
$1k
Other
$3k
Benefits
$36k
Vp, Marketing, Comm., & Advocacy
Board Vice President
75th to 90th percentile
$239k
$257k
Base
$183k
Bonus
$9k
Other
$10k
Benefits
$34k
Vp, Generation
Board Vice President
75th to 90th percentile
$238k
$256k
Base
$213k
Bonus
$1k
Other
$5k
Benefits
$14k
Director, Risk Mgmt. & Reg. Affairs
Highest Compensated Employee
Median to 75th percentile
$222k
$239k
Base
$184k
Bonus
$1k
Other
$3k
Benefits
$31k
Exec. Director of Engineering
Highest Compensated Employee
Median to 75th percentile
$222k
$239k
Base
$183k
Bonus
$1k
Other
$536
Benefits
$34k
Sr. Mgr., Finance & Lender Relations
Finance Manager
Above 90th percentile
$212k
$228k
Base
$170k
Bonus
$2k
Other
$2k
Benefits
$35k
Director/chairman
Officer (Unspecified)
$34k
$36k
Director/secretary & Treasurer
Officer (Unspecified)
$31k
$33k
Director
Board Member
Median to 75th percentile
$27k
$29k
Director/vice Chairman
Board Chair
25th percentile to median
$25k
$27k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$21k
$23k
Director
Board Member
Median to 75th percentile
$19k
$21k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
Median to 75th percentile
$16k
$18k
Director
Board Member
25th percentile to median
$15k
$17k
Director
Board Member
25th percentile to median
$15k
$17k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$13k
$13k
Director (beg 1/24)
Board Member
25th percentile to median
$11k
$11k
Director
Board Member
25th percentile to median
$11k
$11k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$9k
Director
Board Member
25th percentile to median
$5k
$5k

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.

Plus 1 unpaid individual.

Up 14%
from 2023

From $783k in 2023 to $892k in 2024.

$783k
2023
$892k
2024
In today's dollarsEst.
Up 11% in real terms$865k to $960k

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 14% from 2023 to 2024, while revenue rose 2%.

$783k in 2023 to $892k in 2024.
  • Chief Operating Officer pay rose 3% from 2023 to 2024.
  • Board Vice President pay rose 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

WABASH VALLEY POWER ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$787.7M
$757.7M
2023
$805.6M
$771.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WABASH VALLEY POWER ASSOCIATION INC

What does the Chief Executive Officer of WABASH VALLEY POWER ASSOCIATION INC earn?

In 2024, the Chief Executive Officer of WABASH VALLEY POWER ASSOCIATION INC received $892,054 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 WABASH VALLEY POWER ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WABASH VALLEY POWER ASSOCIATION INC falls in the top 10%.

What are WABASH VALLEY POWER ASSOCIATION INC's revenue and expenses?

In 2024, WABASH VALLEY POWER ASSOCIATION INC reported $805.6M in total revenue and $771.6M in total expenses on its IRS Form 990.

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