Fiscal year ending 2024. Filed on October 30, 2025.
PO Box 309
Danville, Indiana 46122
Hendricks County Rural Electric Membership Corporation (EIN: 35-0376478), also known as Hendricks Power Cooperative, has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Hendricks County Rural Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 85 total employees. Among the employees shown here, the average compensation is $311,710. The highest compensated employee at Hendricks County Rural Electric Membership Corporation is Gregory A Ternet with fiscal year 2024 compensation of $677,765. Hendricks County Rural Electric Membership Corporation changed its name from Hendricks County REMC in 2022.
Revenue
Expenses
Employee compensation
HENDRICKS POWER COOPERATIVE EXISTS TO DISTRIBUTE HIGH QUALITY, RELIABLE, AND COMPETITIVELY VALUED ELECTRIC ENERGY TO ITS MEMBER OWNERS IN AN ENVIRONMENTALLY RESPONSIBLE MANNER.
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