NonprofitsWabash Valley Power Association Inc

Wabash Valley Power Association Inc

INDIANAPOLIS, IN

Total revenue

$805.6M

Total expenses

$771.6M

Net assets

$334.3M

Grants received

EIN

351274565

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$799.5M
Investment income$6.1M
Other revenue$10K
Total revenue$805.6M

Expenses

Grants paid
Salaries & benefits$12.8M
Fundraising
Other expenses$758.8M
Total expenses$771.6M
Total assets$1.7B
Net assets$334.3M

People

36 listed

NameRoleCompensation

JEFF CONRAD

PRESIDENT AND CEO

Board

$778K

40 hrs/wk

THERESA YOUNG

COO

Board

$348K

40 hrs/wk

DENNIS BURTON

DIRECTOR/CHAIRMAN

Board

$34K

6 hrs/wk

DOUGLAS H BURNWORTH

DIRECTOR/SECRETARY & TREASURER

Board

$31K

7 hrs/wk

KENNETH D DENTON

DIRECTOR

Board

$27K

6 hrs/wk

BART NESIUS

DIRECTOR/VICE CHAIRMAN

Board

$25K

4 hrs/wk

TINA DAVIS

DIRECTOR

Board

$22K

3 hrs/wk

DAVID JANNEY

DIRECTOR

Board

$21K

6 hrs/wk

PHILIP M HAYES

DIRECTOR

Board

$19K

3 hrs/wk

SHANE RASLER

DIRECTOR

Board

$19K

5 hrs/wk

NOEL KENDALL

DIRECTOR

Board

$17K

3 hrs/wk

ANTHONY FLEMING

DIRECTOR

Board

$17K

3 hrs/wk

FRANK KOBILSEK

DIRECTOR

Board

$16K

5 hrs/wk

LARRY JACK

DIRECTOR

Board

$15K

6 hrs/wk

ALAN SCHLAGENHAUF

DIRECTOR

Board

$15K

4 hrs/wk

CHARLES HUEBENER

DIRECTOR

Board

$15K

4 hrs/wk

RICK RISLEY

DIRECTOR

Board

$14K

3 hrs/wk

JON RETTINGER

DIRECTOR

Board

$14K

4 hrs/wk

MATT HESSION

DIRECTOR

Board

$13K

3 hrs/wk

JEFFREY W CLEM

DIRECTOR (BEG 1/24)

Board

$11K

2 hrs/wk

JIM SAVAGE

DIRECTOR

Board

$11K

2 hrs/wk

CLAYTON DANIEL GARD JR

DIRECTOR

Board

$10K

1 hrs/wk

RODNEY SCHERER

DIRECTOR

Board

$9K

2 hrs/wk

KEVIN COX

DIRECTOR

Board

$9K

1 hrs/wk

KIRK ALTER

DIRECTOR

Board

$5K

1 hrs/wk

MICHAEL P CONNER

DIRECTOR (THRU 1/24)

Board

2 hrs/wk

MATTHEW MOORE

EXEC. VP, POWER SUPPLY

Staff

$340K

40 hrs/wk

CURTIS TAYLOR

EXEC. VP, TECHNOLOGY SERVICES

Staff

$307K

40 hrs/wk

JEFF HUME

VP, STRAT. ELEC. & MEM. RELATIONS

Staff

$306K

40 hrs/wk

ALBERT TAYLOR

VP, GENERATION

Staff

$220K

40 hrs/wk

RICHARD MULLEN

DIRECTOR, FIELD OPERATIONS

Staff

$218K

40 hrs/wk

VICKI GARDNER

VP, MARKETING, COMM., & ADVOCACY

Staff

$202K

40 hrs/wk

SPENCER HOUSE

DIRECTOR OF SYSTEM OPERATIONS

Staff

$200K

40 hrs/wk

JOAN SOLLER

DIRECTOR, RISK MGMT. & REG. AFFAIRS

Staff

$188K

40 hrs/wk

CHRIS DANIELS

EXEC. DIRECTOR OF ENGINEERING

Staff

$185K

40 hrs/wk

NISHA HARKE

SR. MGR., FINANCE & LENDER RELATIONS

Staff

$174K

40 hrs/wk

Independent contractors

BURNS MCDONNELL ENGINEERING COMPANY

CONSTRUCTION SERVICES

$19.6M

DUKE ENERGY INDIANA LLC

MANAGEMENT FEES

$14.4M

ANIXTER INC

MANAGEMENT FEES

$7.6M

EDWARDS-RIGDON CONSTRUCTION

CONSTRUCTION SERVICES

$4.1M

LINETEC SERVICES LLC

CONSTRUCTION SERVICES

$4.1M

Details

EIN351274565
Subsection12
Ruling date1973-12
Formed1963
Employees125
Volunteers0
WABASH VALLEY POWER ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo