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Organizations Wabash Valley Power Association Inc.

Wabash Valley Power Association Inc.

Fiscal year ending 2020. Filed on November 9, 2021.

6702 Intech Blvd
Indianapolis, Indiana 46278

Wabash Valley Power Association Inc. (EIN: 35-1274565), also known as Wabash Valley Power Alliance, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Wabash Valley Power Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 14 out of 111 total employees. Among the employees shown here, the average compensation is $323,517. The highest compensated employee at Wabash Valley Power Association Inc. is Jay Bartlett with fiscal year 2020 compensation of $824,020.

Revenue, expenses, and employee compensation

Revenue

$650,313,792

Expenses

$625,516,927

Employee compensation

$10,396,705
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jay Bartlett
President and Chief Executive Officer
$824,020
$769,723 No related comp$54,297
Gregory Wagoner
Executive Vice President, Stkhldr/Gov AFF (Thru 10/2/20)
$359,909
$318,500 No related comp$41,409
Jeff Conrad
Chief Operating Officer
$341,910
$284,648 No related comp$57,262
Lee Wilmes
Executive Vice President, RISK and Resource PORT
$336,289
$286,457 No related comp$49,832
Kathy Schembs Joyce
Vice President, Marketing and Communications
$331,735
$280,576 No related comp$51,159
Brian Fitzgerald
Executive Vice President, ENG and Operations
$331,649
$280,099 No related comp$51,550
Jason Marshall
Executive Vice President, Trans and REG Affairs
$326,964
$277,440 No related comp$49,524
Curtis Taylor
Executive Vice President, Technology Services
$317,876
$262,883 No related comp$54,993
Theresa Young
Chief Financial Officer
$282,428
$233,796 No related comp$48,632
Kari Wetter
Manager, Portfolio and RISK
$230,306
$173,789 No related comp$56,517
Spencer House
Manager, System Operations
$216,152
$171,697 No related comp$44,455
Rick Hensley
Director, Planning and Delivery
$215,753
$176,248 No related comp$39,505

Benchmark Employee Compensation

Non-Employee Board Members

Kenneth D Denton
Chair
$23,100
$23,100 No related compNo other comp
Shane Rasler
Director
$17,400
$17,400 No related compNo other comp
Dennis Burton
Secretary and Treasurer
$16,200
$16,200 No related compNo other comp
Robert Lehmann
Director
$15,600
$15,600 No related compNo other comp
Wayne Gingerich
Executive Committeemen
$15,000
$15,000 No related compNo other comp
Philip M Hayes
Vice Chair
$12,900
$12,900 No related compNo other comp
David Janney
Director
$12,300
$12,300 No related compNo other comp
Alan Schlagenhauf
Director
$12,300
$12,300 No related compNo other comp
Robert Angus
Director
$12,000
$12,000 No related compNo other comp
Rick Risley
Director
$11,700
$11,700 No related compNo other comp
Bart Nesius
Director
$11,400
$11,400 No related compNo other comp
Jon Rettinger
Director
$11,400
$11,400 No related compNo other comp

Contractors

Duke Energy Indiana LLC
Management Fees
$6,565,296
Linetec Services LLC
Construction
$6,391,966
New Nello Operating CO LLC
Construction
$6,175,374
Waste Management of Indiana LLC
Management Fees
$5,257,656
Vaughn Industries LLC
Construction
$3,304,779

Mission Statement

WABASH VALLEY POWER ASSOCIATION, INC. IS AN ELECTRIC GENERATION AND TRANSMISSION COOPERATIVE WHICH EXISTS TO MEET THE COLLECTIVE NEEDS OF OUR MEMBER-OWNERS AND PROVIDE RELIABLE, STABLE, AND RESPONSIBLE ENERGY SOLUTIONS.

Revisions to this organization profile

October 10, 2025:
2024 Wabash Valley Power Association Inc. 990 filed
November 8, 2024:
2023 Wabash Valley Power Association Inc. 990 filed
October 13, 2023:
2022 Wabash Valley Power Association Inc. 990 filed

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