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 · Schedule J · 14 reported individuals · Filing year 2024
Chief Executive Officer
$364k
$392k
- Base
- $265k
- Bonus
- —
- Other
- —
- Benefits
- $100k
Chief Executive Officer
$314k
$338k
- Base
- $289k
- Bonus
- —
- Other
- —
- Benefits
- $25k
Director of Finance
$309k
$332k
- Base
- $166k
- Bonus
- —
- Other
- —
- Benefits
- $143k
Director of Operations & S
$235k
$253k
- Base
- $164k
- Bonus
- —
- Other
- —
- Benefits
- $71k
Line Specialist
highest compensated employee
$178k
$192k
- Base
- $148k
- Bonus
- —
- Other
- —
- Benefits
- $30k
Employee
highest compensated employee
$177k
$190k
- Base
- $148k
- Bonus
- —
- Other
- —
- Benefits
- $29k
Employee
highest compensated employee
$172k
$185k
- Base
- $144k
- Bonus
- —
- Other
- —
- Benefits
- $28k
Chairman
board chair
$17k
$18k
Vice-chairman
officer (unspecified)
$17k
$18k
Director
board member
$14k
$15k
Secretary
officer (unspecified)
$13k
$14k
Director
board member
$13k
$14k
Treasurer
officer (unspecified)
$13k
$14k
Director
board member
$13k
$14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer | $265k | — | — | $100k | $364k $392k |
Chief Executive Officer | $289k | — | — | $25k | $314k $338k |
Director of Finance | $166k | — | — | $143k | $309k $332k |
Director of Operations & S | $164k | — | — | $71k | $235k $253k |
Line Specialist highest compensated employee | $148k | — | — | $30k | $178k $192k |
Employee highest compensated employee | $148k | — | — | $29k | $177k $190k |
Employee highest compensated employee | $144k | — | — | $28k | $172k $185k |
Chairman board chair | — | — | — | — | $17k $18k |
Vice-chairman officer (unspecified) | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $14k $15k |
Secretary officer (unspecified) | — | — | — | — | $13k $14k |
Director board member | — | — | — | — | $13k $14k |
Treasurer officer (unspecified) | — | — | — | — | $13k $14k |
Director board member | — | — | — | — | $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
$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.
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.
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