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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Henry County Rural Electric Membership Corporation

Henry County Rural Electric Membership Corporation

Fiscal year ending 2024. Filed on July 28, 2025.

3400 S State Road 3
New Castle, Indiana 47362

Henry County Rural Electric Membership Corporation (EIN: 35-0377085), also known as Henry County REMC, has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Henry County Rural Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 37 total employees. Among the employees shown here, the average compensation is $208,996. The highest compensated employee at Henry County Rural Electric Membership Corporation is Melissa True with fiscal year 2024 compensation of $300,097.

Revenue, expenses, and employee compensation

Revenue

$32,627,865

Expenses

$32,627,865

Employee compensation

$3,993,173
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Melissa True
Chief Executive Officer
$300,097
$222,068 No related comp$78,029
Adam Warwas
Chief Operating Officer
$218,037
$167,264 No related comp$50,773
Richard Bryer
Employee
$208,958
$144,701 No related comp$64,257
Chad Hinesley
Employee
$179,635
$132,789 No related comp$46,846
Wesly Jones
Employee
$178,532
$139,390 No related comp$39,142
Cody Walker
Employee
$168,714
$132,039 No related comp$36,675

Benchmark Employee Compensation

Non-Employee Board Members

Jamey Marcum
Vice President
$11,301
$11,301 No related compNo other comp
Jay Carr
Secretary
$10,962
$10,962 No related compNo other comp
Mike Reynolds
Director
$9,536
$9,536 No related compNo other comp
Curtis Poore
Treasurer
$8,897
$8,897 No related compNo other comp
M Shane Young
President
$8,426
$8,426 No related compNo other comp
Kerry Glisson
Director
$6,957
$6,957 No related compNo other comp
Brian Becker
Director
$4,219
$4,219 No related compNo other comp
Scott Houser
Director
$3,977
$3,977 No related compNo other comp
Joyce Jester
Director
$3,859
$3,859 No related compNo other comp
Robert Craig
Director
$3,777
$3,777 No related compNo other comp
Savanah Gibson
Director
$3,696
$3,696 No related compNo other comp

Contractors

Ampp Construction
Line Construction
$1,104,742
Maroska Inc.
Directional Boring
$654,958
Townsend Tree Service Company LLC
Tree Trimming
$654,152

Mission Statement

PROVIDE RELIABLE, SAFE AND COST-COMPETITIVE ELECTRIC SERVICE TO ENHANCE THE LIVES OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.

Revisions to this organization profile

July 28, 2025:
2024 Henry County Rural Electric Membership Corporation 990 filed
October 29, 2024:
2023 Henry County Rural Electric Membership Corporation 990 filed
November 3, 2023:
2022 Henry County Rural Electric Membership Corporation 990 filed

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