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Filing year 2024

WESTERN INDIANA ENERGY REMC

Vincennes, Indiana·EIN 35-2025174·501(c)(12)
Total revenue
$77M
Total assets
$159.1M
Total expenses
$77M
Reported officers
14
Mission

TO PROVIDE SAFE AND RELIABLE ELECTRIC SERVICE AT THE BEST VALUE TO OUR MEMBER-CONSUMERS WHILE SUPPORTING THE COMMUNITIES WE SERVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

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

Chief Executive Officer
Above 90th percentile
$364k
$392k
Base
$265k
Bonus
Other
Benefits
$100k
Chief Executive Officer
Above 90th percentile
$314k
$338k
Base
$289k
Bonus
Other
Benefits
$25k
Director of Finance
Above 90th percentile
$309k
$332k
Base
$166k
Bonus
Other
Benefits
$143k
Director of Operations & S
75th to 90th percentile
$235k
$253k
Base
$164k
Bonus
Other
Benefits
$71k
Line Specialist
Highest Compensated Employee
Median to 75th percentile
$178k
$192k
Base
$148k
Bonus
Other
Benefits
$30k
Employee
Highest Compensated Employee
Median to 75th percentile
$177k
$190k
Base
$148k
Bonus
Other
Benefits
$29k
Employee
Highest Compensated Employee
Median to 75th percentile
$172k
$185k
Base
$144k
Bonus
Other
Benefits
$28k
Chairman
Board Chair
25th percentile to median
$17k
$18k
Vice-chairman
Officer (Unspecified)
$17k
$18k
Director
Board Member
25th percentile to median
$14k
$15k
Secretary
Officer (Unspecified)
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Treasurer
Officer (Unspecified)
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k

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.

Down 23%
from 2023

From $475k in 2023 to $364k in 2024.

$475k
2023
$364k
2024
In today's dollarsEst.
Down 25% in real terms$525k to $392k

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 fell 23% from 2023 to 2024, while revenue rose 1%.

$475k in 2023 to $364k in 2024.
  • Chief Financial Officer pay rose 11% from 2023 to 2024.
  • Chief Operating Officer pay rose 21% 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

WESTERN INDIANA ENERGY REMC reported revenue and expenses across 2 filing years.

RevenueExpenses
$76M
$76M
2023
$77M
$77M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WESTERN INDIANA ENERGY REMC

What does the Chief Executive Officer of WESTERN INDIANA ENERGY REMC earn?

In 2024, the Chief Executive Officer of WESTERN INDIANA ENERGY REMC received $364,368 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 WESTERN INDIANA ENERGY REMC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WESTERN INDIANA ENERGY REMC falls in the top 10%.

What are WESTERN INDIANA ENERGY REMC's revenue and expenses?

In 2024, WESTERN INDIANA ENERGY REMC reported $77M in total revenue and $77M in total expenses on its IRS Form 990.

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