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 · Schedule J · 35 reported individuals · Filing year 2024
President and CEO
$892k
$960k
- Base
- $727k
- Bonus
- —
- Other
- $51k
- Benefits
- $30k
$383k
$412k
- Base
- $304k
- Bonus
- $1k
- Other
- $43k
- Benefits
- $28k
Exec. Vp, Power Supply
vice president
$381k
$410k
- Base
- $323k
- Bonus
- $9k
- Other
- $9k
- Benefits
- $34k
Exec. Vp, Technology Services
vice president
$341k
$367k
- Base
- $244k
- Bonus
- $9k
- Other
- $54k
- Benefits
- $28k
Vp, Strat. Elec. & Mem. Relations
vice president
$339k
$365k
- Base
- $282k
- Bonus
- $9k
- Other
- $15k
- Benefits
- $28k
Director, Field Operations
$254k
$273k
- Base
- $201k
- Bonus
- $2k
- Other
- $16k
- Benefits
- $32k
Director of System Operations
$240k
$259k
- Base
- $196k
- Bonus
- $1k
- Other
- $3k
- Benefits
- $36k
Vp, Marketing, Comm., & Advocacy
vice president
$239k
$257k
- Base
- $183k
- Bonus
- $9k
- Other
- $10k
- Benefits
- $34k
Vp, Generation
vice president
$238k
$256k
- Base
- $213k
- Bonus
- $1k
- Other
- $5k
- Benefits
- $14k
Director, Risk Mgmt. & Reg. Affairs
highest compensated employee
$222k
$239k
- Base
- $184k
- Bonus
- $1k
- Other
- $3k
- Benefits
- $31k
Exec. Director of Engineering
highest compensated employee
$222k
$239k
- Base
- $183k
- Bonus
- $1k
- Other
- $536
- Benefits
- $34k
Sr. Mgr., Finance & Lender Relations
highest compensated employee
$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
$27k
$29k
Director/vice Chairman
board chair
$25k
$27k
Director
board member
$22k
$23k
Director
board member
$21k
$23k
Director
board member
$19k
$21k
Director
board member
$19k
$20k
Director
board member
$17k
$18k
Director
board member
$17k
$18k
Director
board member
$16k
$18k
Director
board member
$15k
$17k
Director
board member
$15k
$17k
Director
board member
$15k
$16k
Director
board member
$14k
$15k
Director
board member
$14k
$15k
Director
board member
$13k
$13k
Director (beg 1/24)
board member
$11k
$11k
Director
board member
$11k
$11k
Director
board member
$10k
$11k
Director
board member
$9k
$10k
Director
board member
$9k
$9k
Director
board member
$5k
$5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and CEO | $727k | — | $51k | $30k | $892k $960k |
COO | $304k | $1k | $43k | $28k | $383k $412k |
Exec. Vp, Power Supply vice president | $323k | $9k | $9k | $34k | $381k $410k |
Exec. Vp, Technology Services vice president | $244k | $9k | $54k | $28k | $341k $367k |
Vp, Strat. Elec. & Mem. Relations vice president | $282k | $9k | $15k | $28k | $339k $365k |
Director, Field Operations | $201k | $2k | $16k | $32k | $254k $273k |
Director of System Operations | $196k | $1k | $3k | $36k | $240k $259k |
Vp, Marketing, Comm., & Advocacy vice president | $183k | $9k | $10k | $34k | $239k $257k |
Vp, Generation vice president | $213k | $1k | $5k | $14k | $238k $256k |
Director, Risk Mgmt. & Reg. Affairs highest compensated employee | $184k | $1k | $3k | $31k | $222k $239k |
Exec. Director of Engineering highest compensated employee | $183k | $1k | $536 | $34k | $222k $239k |
Sr. Mgr., Finance & Lender Relations highest compensated employee | $170k | $2k | $2k | $35k | $212k $228k |
Director/chairman officer (unspecified) | — | — | — | — | $34k $36k |
Director/secretary & Treasurer officer (unspecified) | — | — | — | — | $31k $33k |
Director board member | — | — | — | — | $27k $29k |
Director/vice Chairman board chair | — | — | — | — | $25k $27k |
Director board member | — | — | — | — | $22k $23k |
Director board member | — | — | — | — | $21k $23k |
Director board member | — | — | — | — | $19k $21k |
Director board member | — | — | — | — | $19k $20k |
Director board member | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $16k $18k |
Director board member | — | — | — | — | $15k $17k |
Director board member | — | — | — | — | $15k $17k |
Director board member | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $13k $13k |
Director (beg 1/24) board member | — | — | — | — | $11k $11k |
Director board member | — | — | — | — | $11k $11k |
Director board member | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $9k $10k |
Director board member | — | — | — | — | $9k $9k |
Director board member | — | — | — | — | $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
$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.
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.
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