Civic Intelligence

Marshall County Rural Electric Membership Corp

990 • Fiscal year 2017 • EIN 35-0491815

Jan 01, 2017 to Dec 31, 2017 • Filed on May 03, 2018

Organization ProfileWWW.MARSHALLREMC.COM
11299 12th Road PO Box 250Plymouth, IN 46563-0250

(574) 936-3161

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.38x

Higher debt load relative to assets than 24% of similar nonprofits.

2017 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

24th percentile

0.99x

Higher debt load relative to revenue than 24% of similar nonprofits.

2017 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2017

Net Margin

81st percentile

9.7%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$201,360

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2017 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2017

Asset Growth

42nd percentile

1.4%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-1.1%

Faster revenue growth than 21% of similar nonprofits.

2017 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$39,977,278

Up $1,656,126 (+4.3%) from 2015

Net Assets

Up

$24,861,472

Up $3,078,892 (+14%) from 2015

Liabilities

Down

$15,115,806

Down $1,422,766 (-8.6%) from 2015

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin81st percentile

Revenue

Up

$15,247,753

Up $237,783 (+1.6%) from 2015

Expenses

Up

$13,766,592

Up $442,445 (+3.3%) from 2015

Net Income

Down

$1,481,161

Down $204,662 (-12%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $27,739,887Liabilities 2010: $15,020,386Net Assets 2010: $12,719,5012010Assets 2011: $28,972,683Liabilities 2011: $14,936,129Net Assets 2011: $14,036,5542011Assets 2012: $30,905,827Liabilities 2012: $14,722,223Net Assets 2012: $16,183,6042012Assets 2013: $35,658,655Liabilities 2013: $17,568,514Net Assets 2013: $18,090,1412013Assets 2014: $37,011,552Liabilities 2014: $16,915,281Net Assets 2014: $20,096,2712014Assets 2015: $38,321,152Liabilities 2015: $16,538,572Net Assets 2015: $21,782,5802015Assets 2017: $39,977,278Liabilities 2017: $15,115,806Net Assets 2017: $24,861,4722017Assets 2018: $47,066,073Liabilities 2018: $20,392,400Net Assets 2018: $26,673,6732018Assets 2019: $48,952,868Liabilities 2019: $21,266,651Net Assets 2019: $27,686,2172019Assets 2022: $60,789,421Liabilities 2022: $29,356,894Net Assets 2022: $31,432,5272022

Highlighted filing

2017

Assets$39,977,278
Liabilities$15,115,806
Net Assets$24,861,472
Open 2017 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $12,879,6872010Expenses 2011: $12,812,5002011Expenses 2012: $13,085,2132012Revenue 2013: $15,404,158Expenses 2013: $13,499,056Net Income 2013: $1,905,1022013Revenue 2014: $15,583,396Expenses 2014: $13,577,266Net Income 2014: $2,006,1302014Revenue 2015: $15,009,970Expenses 2015: $13,324,147Net Income 2015: $1,685,8232015Revenue 2017: $15,247,753Expenses 2017: $13,766,592Net Income 2017: $1,481,1612017Revenue 2018: $15,899,959Expenses 2018: $14,088,426Net Income 2018: $1,811,5332018Revenue 2019: $15,500,321Expenses 2019: $14,487,743Net Income 2019: $1,012,5782019Revenue 2022: $17,692,706Expenses 2022: $15,445,745Net Income 2022: $2,246,9612022

Highlighted filing

2017

Revenue$15,247,753
Expenses$13,766,592
Net Income$1,481,161
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 3, 2018
Return Version
2017v2.2
Gross Receipts
$15,288,685
Mission and Program Overview

Mission

The purpose of marshall county rural electric membership corporation is to make electric energy available to its members at the lowest cost consistent with sound economy and good management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$28,957,579$30,520,552▲ $1,562,973
Rtn Earn Endowment Incm Other Fnds$23,156,632$24,642,035▲ $1,485,403
Savings and Temporary Cash Investments$3,272,416$2,277,720▼ $994,696
Accounts Receivable$1,265,792$1,293,617▲ $27,825
Prepaid Expenses and Deferred Charges$1,564,878$1,265,867▼ $299,011
Cash and Non-Interest-Bearing Accounts$395,653$404,971▲ $9,318
Inventories for Sale or Use$275,940$331,196▲ $55,256
Cap Stk Tr Prin Current Funds$109,788$109,788→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$109,649$109,649→ $0
Total Assets$39,412,923$39,977,278▲ $564,355
Other Assets Total$3,680,665$3,883,355▲ $202,690
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,376,707$13,786,944▼ $589,763
Accounts Payable and Accrued Expenses$1,652,860$1,318,720▼ $334,140
Other Liabilities$7,287$10,142▲ $2,855
Total Liabilities$16,036,854$15,115,806▼ $921,048
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,376,069$24,861,472▲ $1,485,403
Total Liabilities and Net Assets / Fund Balance$39,412,923$39,977,278▲ $564,355

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,244,470$1,614,213-
Land$76,620--
Equipment$21,199,462$4,231,256-
Other Assets Org$3,883,355--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark BatmanCEOFT$138,335$63,025$201,360
Tod BremsLinemanFT$110,290$36,131$146,421
Douglas MaclainLinemanFT$106,683$32,430$139,113
Kenneth EgglestonLinemenFT$107,510$30,310$137,820
Joshua VanvactorLinemanFT$103,345$33,220$136,565
John YatesLinemanFT$103,186$29,210$132,396
Richard LeeperVice PresidentPT$3,206$29,460$32,666
John RettingerSecretary/treasurer-$206$29,460$29,666
Stephen RingerDirectorPT$114$29,460$29,574
Steven RobertsDirector-$114$29,460$29,574
Mikel LargeDirector-$14,860-$14,860
Andy LemierDirector-$14,850-$14,850
Robert BroekerPresidentPT$14,736-$14,736

Highest Paid Contractors

ContractorServicesLocationCompensation
Electricom LLCConstruction CrewsPO BOX 319, Paoli, IN 46454$728,659
Mint City Tree ServiceTree Management Services506 E NORTH ST, Bremen, IN 46506$575,256
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,774,404
Investment Income
$20,095
Other Revenue
$453,254
Change in Net Assets
$1,481,161

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,247,753
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,247,753
Total Revenue per Form 990
$15,247,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,044,867
Salaries, Compensation, and Employee Benefits$721,725
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$915,583--$915,583
Current Officers, Directors, Trustees, and Key Employees$721,725--$721,725
Other Expenses$572,864--$572,864
Interest$508,465--$508,465
All Other Expenses$201,274--$201,274
Total Functional Expenses$13,766,592$0$0$13,766,592

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,766,592
Total Expenses per Audited Statements$13,766,592
Total Expenses per Form 990$13,766,592
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jon C RettingerSee BelowSee BelowNo$8,081,265
Richard LeeperSee BelowSee BelowNo$177,409
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Credits$10,142
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The members of the remc consist of those who recieve electricity from the co-op.”

Form 990, Part VI, Section A, Line 7A

“Members meet annually to vote on board of directorys in accordance with bylaws of the cooperative.”

Form 990, Part VI, Section B, Line 11B

“Form 990 will be reviewed by the office manager and ceo of the cooperative.”

Form 990, Part VI, Section B, Line 12

“The board reviews the policies regularlty and employees are kept up-to-date.”

Form 990, Part VI, Section C, Line 19

“The members handbook and bylaws are mailed to new members and are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Marshall County Rural Electric
EIN
35-0491815
Phone
5749363161
Address
11299 12TH ROAD PO BOX 250, PLYMOUTH, IN 46563-0250

Signing Officer

Name
Mark Batman
Title
CEO
Phone
5749363161
Signed
2018-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Batman
Formed
1936
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
22
Volunteers
0

Preparer

Firm
London Witte Group LLC
Address
1776 N MERIDIAN STREET SUITE 500, INDIANAPOLIS, IN 46202
Preparer
Earl L Ridlen
Phone
3176344747
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in memberships 535. Donated capital 3,707.”

Form 990, Part XIII, Line 2C

“The board of directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent audit firm.”

Financial Statement Notes

PART X, LINE 2:

“The remc believes it is taking no uncertain tax positions.”

Raw XML AppendixShowing 400 of 476 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE PURPOSE OF MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014376707
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt013786944
IRS990/NetAssetsOrFundBalancesBOYAmt023376069
IRS990/NetAssetsOrFundBalancesEOYAmt024861472
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt031195
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt031195
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt013985
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013985
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03680665
IRS990/OtherAssetsTotalGrp/EOYAmt03883355
IRS990/OtherChangesInNetAssetsAmt04242
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1OPERATIONS & MAINTENANC
IRS990/OtherExpensesGrp/Desc2CONSUMER SERVICE
IRS990/OtherExpensesGrp/Desc3GENERAL & ADMINISTRATIV
IRS990/OtherExpensesGrp/ProgramServicesAmt08310614
IRS990/OtherExpensesGrp/ProgramServicesAmt11870555
IRS990/OtherExpensesGrp/ProgramServicesAmt2665512
IRS990/OtherExpensesGrp/ProgramServicesAmt3572864
IRS990/OtherExpensesGrp/TotalAmt08310614
IRS990/OtherExpensesGrp/TotalAmt11870555
IRS990/OtherExpensesGrp/TotalAmt2665512
IRS990/OtherExpensesGrp/TotalAmt3572864
IRS990/OtherLiabilitiesGrp/BOYAmt07287
IRS990/OtherLiabilitiesGrp/EOYAmt010142
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1523000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1NON-OPERATING INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0407336
IRS990/OtherRevenueMiscGrp/ExclusionAmt1738
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0407336
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1738
IRS990/OtherRevenueTotalAmt0408074
IRS990/OtherSourcesGrossIncomeAmt0473349
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0109649
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0109649
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01564878
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01265867
IRS990/PrincipalOfficerNm0MARK BATMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014774404
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014774404
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019813
IRS990/PYOtherExpensesAmt012070791
IRS990/PYOtherRevenueAmt0375237
IRS990/PYProgramServiceRevenueAmt015022811
IRS990/PYRevenuesLessExpensesAmt01592929
IRS990/PYSalariesCompEmpBnftPaidAmt01754141
IRS990/PYTotalExpensesAmt013824932
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015417861
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01481161
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt013985
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014819584
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt023156632
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt024642035
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03272416
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02277720
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09244470
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01614213
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt010858683
IRS990ScheduleD/EquipmentGrp/BookValueAmt021199462
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04231256
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt025430718
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013766592
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt076620
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt076620
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03883355
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENTS IN ASSOCIATED ORGANIZAT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED CREDITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015247753
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE REMC BELIEVES IT IS TAKING NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030520552
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03883355
IRS990ScheduleD/TotalExpensesPerForm990Amt013766592
IRS990ScheduleD/TotalLiabilityAmt010142
IRS990ScheduleD/TotalRevenuePerForm990Amt015247753
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015247753
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013766592
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0138335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt020144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt038591
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt04290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK BATMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0201360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JON C RETTINGER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1RICHARD LEEPER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt08081265
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1177409
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1SEE BELOW
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0DIRECTOR IS A BOARD MEMBER FOR BOTH THE REMC AND WABASH VALLEY POWER ASSOCIATION. MARSHALL REMC PURCHASES POWER FROM WABASH VALLEY POWER ASSOCIATION.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt1DIRECTOR IS A BOARD MEMBER FOR BOTH THE REMC AND INDIANA ELECTRIC COOPERATIVES. MARSHALL REMC MAKE PAYMENTS TO INDIANA ELECTRIC COOPERATIVES FOR DUE FEES, TRAINING, AND OTHER SERVICES.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART IV, LINE 1
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE L, PART IV, LINE 2
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE REMC CONSIST OF THOSE WHO RECIEVE ELECTRICITY FROM THE CO-OP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS MEET ANNUALLY TO VOTE ON BOARD OF DIRECTORYS IN ACCORDANCE WITH BYLAWS OF THE COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WILL BE REVIEWED BY THE OFFICE MANAGER AND CEO OF THE COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS THE POLICIES REGULARLTY AND EMPLOYEES ARE KEPT UP-TO-DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS HANDBOOK AND BYLAWS ARE MAILED TO NEW MEMBERS AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN MEMBERSHIPS 535. DONATED CAPITAL 3,707.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDIT FIRM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XIII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,977,278
Liabilities
$15,115,806
Net assets
$24,861,472
Revenue
$15,247,753
Expenses
$13,766,592
Net income
$1,481,161
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.8$29.4$31.4$17.7$15.4$2.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.0$21.3$27.7$15.5$14.5$1.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.1$20.4$26.7$15.9$14.1$1.81
2017Detailed filing. Detailed filing data is available for this year.$40.0$15.1$24.9$15.2$13.8$1.48
2015Detailed filing. Detailed filing data is available for this year.$38.3$16.5$21.8$15.0$13.3$1.69
2014Detailed filing. Detailed filing data is available for this year.$37.0$16.9$20.1$15.6$13.6$2.01
2013Detailed filing. Detailed filing data is available for this year.$35.7$17.6$18.1$15.4$13.5$1.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$14.7$16.2$13.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.0$14.9$14.0$12.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.7$15.0$12.7$12.9