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Organizations Jay County Rural Electric Membership Corporation

Jay County Rural Electric Membership Corporation

Fiscal year ending 2024. Filed on June 30, 2025.

484 S 200 W
Portland, Indiana 47371

Jay County Rural Electric Membership Corporation (EIN: 35-0420975) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Jay County Rural Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 26 total employees. Among the employees shown here, the average compensation is $161,749. The highest compensated employee at Jay County Rural Electric Membership Corporation is Neil Draper with fiscal year 2024 compensation of $251,863.

Revenue, expenses, and employee compensation

Revenue

$23,993,270

Expenses

$21,763,188

Employee compensation

$2,225,717
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Neil Draper
Chief Executive Officer
$251,863
$201,928 No related comp$49,935
Jeffery Myers
Engineering
$157,105
$124,440 No related comp$32,665
Duane Monroe
Working FORE
$150,652
$133,977 No related comp$16,675
Mason Quickery
Journeyman L
$146,626
$130,559 No related comp$16,067
Daniel Paxson
Journeyman L
$135,977
$119,910 No related comp$16,067
Ricky Thompson
Journeyman L
$128,269
$113,214 No related comp$15,055

Benchmark Employee Compensation

Non-Employee Board Members

Drury E Hall
Director
$22,011
$22,011 No related compNo other comp
Klint R Moser
Director
$21,711
$21,711 No related compNo other comp
Kent K Homan
Director
$21,652
$21,652 No related compNo other comp
Rick A Dues
Director
$19,569
$19,569 No related compNo other comp
Philip J Laux
Director
$12,739
$12,739 No related compNo other comp
Kenneth D Denton
Chair
$9,033
$9,033 No related compNo other comp
Bethany G Edwards
Director
$7,410
$7,410 No related compNo other comp
Angela S Lutes
Director
$4,005
$4,005 No related compNo other comp
Ronald Smithson
Director
$3,126
$3,126 No related compNo other comp

Mission Statement

THE MOST SIGNIFICANT ACTIVITY OF THE ELECTRIC COOPERATIVE IS THE DISTRIBUTION OF ELECTRICITY.

Revisions to this organization profile

June 30, 2025:
2024 Jay County Rural Electric Membership Corporation 990 filed
September 26, 2024:
2023 Jay County Rural Electric Membership Corporation 990 filed
May 15, 2023:
2022 Jay County Rural Electric Membership Corporation 990 filed

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