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HEARTLAND RURAL ELECTRIC MEMBERSHIP CORPORATION
HEARTLAND RURAL ELECTRIC MEMBERSHIP CORPORATION
IN · Mutual Benefit · EIN 471911282
31
Executives Disclosed
$89.9M
Annual Revenue
$203.9M
Total Assets
1.9:1
Internal Pay Ratio
HEARTLAND RURAL ELECTRIC MEMBERSHIP CORPORATION has 31 executives with disclosed compensation. The highest-paid executive, Robert Pearson (FORMER CEO), received peak total compensation of $353,348. The sector average for Mutual Benefit executives is $194K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Robert Pearson | FORMER CEO | $353K | $199K | 2020–2023 | 4.7x |
| Colt Burnau | CEO | $343K | $343K | 2020–2024 | 4.6x |
| Eric Laymon | MANAGER ENG & OPER | $213K | $213K | 2023–2024 | 2.8x |
| Tim Muellenberg | ENGINEER | $206K | $206K | 2020–2021 | 2.7x |
| William Dye | CFO | $192K | $192K | 2023–2024 | 2.6x |
| Mike Kelsey | OPERATIONS SUPERVISOR | $186K | $186K | 2020–2024 | 2.5x |
| Nick Caley | CORPORATE COMM & MBR SRV MGR | $185K | $185K | 2024–2024 | 2.5x |
| Gene Lahr | FINANCE MANAGER | $182K | $182K | 2020–2022 | 2.4x |
| Nicholas Caley | CORPORATE COMM & MBR SRV MGR | $182K | $182K | 2023–2023 | 2.4x |
| Brad Couch | SERVICEMAN | $180K | $180K | 2022–2024 | 2.4x |
| Michael Kelsey | OPERATIONS MANAGER | $177K | $177K | 2023–2023 | 2.4x |
| Alec Wells | JOURNEYMAN LINEMAN | $169K | $169K | 2023–2023 | 2.2x |
| Brady Miller | FOREMAN | $165K | $165K | 2020–2024 | 2.2x |
| Donald Bauer | 1ST CLASS LINEMAN | $162K | $162K | 2022–2022 | 2.2x |
| Jeremy Sweet | 1ST CLASS LINEMAN | $154K | $154K | 2020–2020 | 2.1x |
| John Scheiber | OPERATIONS IT | $149K | $149K | 2021–2021 | 2x |
| D'ann Stouffer | DIRECTOR | $21K | $0 | 2020–2024 | 0.3x |
| Doug Wilcox | PRESIDENT | $21K | $0 | 2020–2024 | 0.3x |
| Mathew Quickery | VICE PRESIDENT OF BOARD | $20K | $0 | 2020–2022 | 0.3x |
| Laura Cole | ASSISTANT SECR/TREASAS | $19K | $0 | 2020–2024 | 0.3x |
| Matthew Quickery | VICE PRESIDENT | $19K | $0 | 2023–2024 | 0.3x |
| Adam Fusselman | DIRECTOR | $19K | $0 | 2020–2024 | 0.2x |
| Ralph Keefer | DIRECTOR | $18K | $0 | 2020–2024 | 0.2x |
| Jason Dawes | SECRETARY/TREASURER | $18K | $0 | 2020–2024 | 0.2x |
| Joh Smith | DIRECTOR | $18K | $0 | 2020–2024 | 0.2x |
| Robert Hippensteel | DIRECTOR | $17K | $0 | 2020–2024 | 0.2x |
| Alan Schlagenfauf | DIRECTOR | $17K | $0 | 2020–2020 | 0.2x |
| Ted Martz | DIRECTOR | $17K | $0 | 2020–2024 | 0.2x |
| Alan Amick | DIRECTOR | $17K | $0 | 2020–2023 | 0.2x |
| Alan Schlagenhauf | DIRECTOR | $17K | $0 | 2021–2024 | 0.2x |
| Steven Byerly | DIRECTOR | $8K | $0 | 2020–2020 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2020 | 20 | $199K | $334K | $1.2M |
| 2021 | 19 | $199K | $340K | $1.4M |
| 2022 | 19 | $204K | $353K | $1.4M |
| 2023 | 20 | $190K | $292K | $1.5M |
| 2024 | 18 | $209K | $343K | $1.5M |
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