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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 Public & Societal Benefit Southern Indiana Rec Inc.

Southern Indiana Rec Inc.

Fiscal year ending 2024. Filed on November 6, 2025.

PO Box 219
Tell City, Indiana 47586

Southern Indiana Rec Inc. (EIN: 35-0672654), also known as Southern Indiana Power, has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Southern Indiana Rec Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 32 total employees. Among the employees shown here, the average compensation is $184,318. The highest compensated employee at Southern Indiana Rec Inc. is Steven Seibert with fiscal year 2024 compensation of $327,738.

Revenue, expenses, and employee compensation

Revenue

$46,037,615

Expenses

$46,037,615

Employee compensation

$3,160,360
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven Seibert
President and Chief Executive Officer
$327,738
$250,824 No related comp$76,914
Stephen Fortwendel
Operations Manager
$170,489
$123,669 No related comp$46,820
Travis Goffinet
Journeyman Lineman
$167,197
$125,352 No related comp$41,845
Todd Hammond
Engineering Manager
$163,402
$114,051 No related comp$49,351
Clint Heeke
Journeyman Lineman
$147,272
$116,254 No related comp$31,018
Jarrett Hawhee
Journeyman Lineman
$129,808
$109,050 No related comp$20,758

Benchmark Employee Compensation

Non-Employee Board Members

Randall Kleaving
Director
$13,200
$13,200 No related compNo other comp
David Lynch
Director
$11,800
$11,800 No related compNo other comp
Jeff Vogel
Chair
$10,800
$10,800 No related compNo other comp
Kyle Knieriem
Director
$10,400
$10,400 No related compNo other comp
Chris Burroughs
Director
$10,050
$10,050 No related compNo other comp
Dirk Stein
Secretary and Treasurer
$9,800
$9,800 No related compNo other comp
Gary Waninger
Vice Chair
$9,000
$9,000 No related compNo other comp

Contractors

Hoffman Tree Service LLC
Tree Trimming
$1,777,685
Electricom
Electric Construction
$1,077,081
Nisc
Software Provider
$258,093
Terry Electrical Services
Fiber Construction
$236,205

Mission Statement

TO PROVIDE SAFE, RELIABLE, AND AFFORDABLE POWER WHILE IMPROVING THE QUALITY OF LIFE FOR OUR MEMBERS

Revisions to this organization profile

November 6, 2025:
2024 Southern Indiana Rec Inc. 990 filed
November 4, 2024:
2023 Southern Indiana Rec Inc. 990 filed
November 3, 2023:
2022 Southern Indiana Rec Inc. 990 filed

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