Civic Intelligence

Southern Indiana Rec Inc

EIN 35-0672654 • 501(c)12 • Tell City, IN

Profile

To provide safe, reliable, and affordable power while improving the quality of life for our members

PO Box 219Tell City, IN 47586

www.sinpwr.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.41x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.74x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Source year 2024

Net Margin

42nd percentile

0.0%

Higher net margin than 42% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$327,738

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)12 • $50M-$100M nonprofits • Source year 2024

Asset Growth

13th percentile

0.3%

Faster asset growth than 13% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

3.6%

Faster revenue growth than 52% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$84,439,254

Up $235,662 (+0.3%) from 2023

Liabilities

Down

$34,271,081

Down $1,464,999 (-4.1%) from 2023

Net Assets

Up

$50,168,173

Up $1,700,661 (+3.5%) from 2023

Operations
Liabilities / Revenue21st percentileNet Margin42nd percentile

Revenue

Up

$46,037,615

Up $1,595,609 (+3.6%) from 2023

Expenses

Up

$46,037,615

Up $1,595,609 (+3.6%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2018: $60,785,325Liabilities 2018: $20,180,003Net Assets 2018: $40,605,3222018Assets 2019: $61,193,730Liabilities 2019: $18,775,845Net Assets 2019: $42,417,8852019Assets 2020: $64,779,410Liabilities 2020: $21,217,346Net Assets 2020: $43,562,0642020Assets 2021: $70,453,737Liabilities 2021: $24,823,605Net Assets 2021: $45,630,1322021Assets 2022: $76,919,602Liabilities 2022: $30,686,357Net Assets 2022: $46,233,2452022Assets 2023: $84,203,592Liabilities 2023: $35,736,080Net Assets 2023: $48,467,5122023Assets 2024: $84,439,254Liabilities 2024: $34,271,081Net Assets 2024: $50,168,1732024

Highlighted filing

2024

Assets$84,439,254
Liabilities$34,271,081
Net Assets$50,168,173
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0Revenue 2018: $40,643,623Expenses 2018: $40,643,623Net Income 2018: $02018Revenue 2019: $37,972,209Expenses 2019: $37,972,209Net Income 2019: $02019Revenue 2020: $35,101,049Expenses 2020: $35,101,049Net Income 2020: $02020Revenue 2021: $39,497,094Expenses 2021: $39,497,094Net Income 2021: $02021Revenue 2022: $46,685,801Expenses 2022: $46,685,801Net Income 2022: $02022Revenue 2023: $44,442,006Expenses 2023: $44,442,006Net Income 2023: $02023Revenue 2024: $46,037,615Expenses 2024: $46,037,615Net Income 2024: $02024

Highlighted filing

2024

Revenue$46,037,615
Expenses$46,037,615
Net Income$0
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$84,439,254
Liabilities
$34,271,081
Net assets
$50,168,173
Revenue
$46,037,615
Expenses
$46,037,615
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.4$34.3$50.2$46.0$46.0$0.00
2023Detailed filing. Detailed filing data is available for this year.$84.2$35.7$48.5$44.4$44.4$0.00
2022Detailed filing. Detailed filing data is available for this year.$76.9$30.7$46.2$46.7$46.7$0.00
2021Detailed filing. Detailed filing data is available for this year.$70.5$24.8$45.6$39.5$39.5$0.00
2020Detailed filing. Detailed filing data is available for this year.$64.8$21.2$43.6$35.1$35.1$0.00
2019Detailed filing. Detailed filing data is available for this year.$61.2$18.8$42.4$38.0$38.0$0.00
2018Detailed filing. Detailed filing data is available for this year.$60.8$20.2$40.6$40.6$40.6$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$46,079,288
Mission and Program Overview

Mission

To provide safe, reliable, and affordable power while improving the quality of life for our members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$52,050,026$55,364,170▲ $3,314,144
Rtn Earn Endowment Incm Other Fnds$46,465,600$48,099,988▲ $1,634,388
Investments Program Related$20,490,859$20,736,444▲ $245,585
Accounts Receivable$4,497,936$4,412,830▼ $85,106
Savings and Temporary Cash Investments$4,814,479$2,500,000▼ $2,314,479
Pd in Cap Srpls Land Bldg Eqp Fund$2,001,912$2,068,185▲ $66,273
Inventories for Sale or Use$604,784$635,515▲ $30,731
Cash and Non-Interest-Bearing Accounts$1,262,505$578,357▼ $684,148
Prepaid Expenses and Deferred Charges$218,477$106,184▼ $112,293
Other Notes and Loans Receivable, Net$264,526$105,754▼ $158,772
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$84,203,592$84,439,254▲ $235,662
Liabilities
Mortgage Notes Payable Secured by Investment Property$29,907,139$27,889,620▼ $2,017,519
Accounts Payable and Accrued Expenses$5,092,897$5,581,835▲ $488,938
Other Liabilities$736,044$799,626▲ $63,582
Total Liabilities$35,736,080$34,271,081▼ $1,464,999
Net Assets / Fund Balance
Total Net Assets Fund Balance$48,467,512$50,168,173▲ $1,700,661
Total Liabilities and Net Assets / Fund Balance$84,203,592$84,439,254▲ $235,662

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$42,905,551$16,721,417$59,626,968
Equipment$11,326,396$4,262,618$15,589,014
Buildings$1,087,219$1,606,761$2,693,980
Land$45,004-$45,004
Investment Program Related Org$14,598,230--
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven SeibertPresident/CEOFT$250,824$76,914$327,738
Stephen FortwendelManager of OperationsFT$123,669$46,820$170,489
Travis GoffinetJourneyman LinemanFT$125,352$41,845$167,197
Todd HammondManager of EngineeringFT$114,051$49,351$163,402
Clint HeekeJourneyman LinemanFT$116,254$31,018$147,272
Jarrett HawheeJourneyman LinemanFT$109,050$20,758$129,808
Randall KleavingDirector-$13,200-$13,200
David LynchDirector-$11,800-$11,800
Jeff VogelChairman-$10,800-$10,800
Kyle KnieriemDirector-$10,400-$10,400
Chris BurroughsDirector-$10,050-$10,050
Dirk SteinSecretary/treasurer-$9,800-$9,800
Gary WaningerVice Chairman-$9,000-$9,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Hoffman Tree Service LLCTree Trimming2880 S 125 E, Washington, IN 47501$1,777,685
Electricom LLCElectric Construction1660 W HOSPITAL RD, Paoli, IN 47454$1,077,081
NiscSoftware ProviderPO BOX 1147, Mandan, ND 58554$258,093
Terry Electrical ServicesFiber Construction8721 STATE RD 37, Tell City, IN 47586$236,205
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$43,492,893
Investment Income
$965,370
Other Revenue
$1,579,352
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$46,037,615
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$46,037,615
Total Revenue per Form 990
$46,037,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,399,176
Salaries, Compensation, and Employee Benefits$3,160,360
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,757,572--$2,757,572
Depreciation Depletion$2,514,346--$2,514,346
Benefits to Members$2,478,079--$2,478,079
Interest$1,122,833--$1,122,833
All Other Expenses$766,592--$766,592
Current Officers, Directors, Trustees, and Key Employees$402,788--$402,788
Other Expenses$319,912--$319,912
Office Expenses$96,414--$96,414
Insurance$71,762--$71,762
Advertising$21,607--$21,607
Fees for Services Accounting-$14,140-$14,140
Fees for Services Legal-$8,492-$8,492
Fees for Services Other-$4,313-$4,313
Total Functional Expenses$46,010,670$26,945$0$46,037,615

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$46,037,615
Expenses per Audited Statements$43,559,536
Total Expenses per Audited Statements$43,559,536
Expenses Not Reported on Financial Statements$2,478,079
Other Expense Adjustments$2,478,079
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$2,000

Section 527 Organizations

OrganizationLocationAmount
35-1998087Carmel, IN$2,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accum Provision for Medical Leave$665,555
Consumer Deposits$103,598
Customer Advances-construction$30,473
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Southern indiana power is a cooperative owned by approximately 7,500 members.”

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

“The members elect the board of directors at an annual meeting depending on the district they live in.”

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

“Certain decisions to be made by the board of directors must be approved by members.”

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

“The form 990 was distributed to the rec board prior to filing for review and comments”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is monitored by the president/ceo.”

Form 990, Part VI, Section B, Line 15A

“The board of directors has a wage and salary committee that sets the president/ceo's salary based on an annual perforrmance review and the nreca annual compensation survey”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy, and annual financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Southern Indiana Rec Inc
EIN
35-0672654
Phone
8125472316
Address
PO BOX 219, TELL CITY, IN 47586
Doing Business As
Southern Indiana Power

Signing Officer

Name
Steve Seibert
Title
CEO
Phone
8125472316
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Seibert
Formed
1939
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
32
Volunteers
0

Preparer

Firm
Lwg Cpas & Advisors
Address
101 W OHIO ST STE 1401, INDIANAPOLIS, IN 46204
Preparer
Brian D Cherry
Phone
3176344747
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 7-10

“As an electric cooperative that follows rus accounting, we either capitalize or expense the cost of payroll (payroll, taxes, and employee benefits). Therefore, the amount cannot be broken down line by line on the statement of functional expenses. The amount of payroll that has been capitalized also includes payroll taxes and employee benefits, which is included in the balance sheet. In addition, the amount from year to year to be capitalized vs expensed varies based on the work being performed.”

FORM 990, PART XI, LINE 9:

“Patronage capital assignable margins 2,478,079. Patronage refunds -843,691. Unclaimed capital checks 66,273.”

Form 990, Part XII, Line 2C

“There has been no change in the process regarding oversight of the audit from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The rec follows "accounting for uncertainty in income taxes." the generally accepted accounting principle provides detailed guidance for the financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in an enterprise's financial statements. The accounting principle requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. The adoption of this accounting principle does not have a material effect on its financial position, results of operations, or cash flows as the rec does not believe they are taking any uncertain tax positions.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“2024 margins allocated to members 2,478,079.”

Raw XML AppendixShowing 400 of 573 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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt411800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt510050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt610400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7250824
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8123669
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9114051
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10125352
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11116254
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12109050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8MANAGER OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt9MANAGER OF ENGINEERING
IRS990/Form990PartVIISectionAGrp/TitleTxt10JOURNEYMAN LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11JOURNEYMAN LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12JOURNEYMAN LINEMAN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt08129
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt049802
IRS990/GrossReceiptsAmt046079288
IRS990/GrossRentsGrp/PersonalAmt0734246
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt014
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt071762
IRS990/InsuranceGrp/TotalAmt071762
IRS990/InterestGrp/ProgramServicesAmt01122833
IRS990/InterestGrp/TotalAmt01122833
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0604784
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0635515
IRS990/InvestmentIncomeGrp/ExclusionAmt0957241
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0957241
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt020490859
IRS990/InvestmentsProgramRelatedGrp/EOYAmt020736444
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022590796
IRS990/LandBldgEquipBasisNetGrp/BOYAmt052050026
IRS990/LandBldgEquipBasisNetGrp/EOYAmt055364170
IRS990/LandBldgEquipCostOrOtherBssAmt077954966
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt041673
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt045067310
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE SAFE, RELIABLE, AND AFFORDABLE POWER WHILE IMPROVING THE QUALITY OF LIFE FOR OUR MEMBERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt029907139
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt027889620
IRS990/NetAssetsOrFundBalancesBOYAmt048467512
IRS990/NetAssetsOrFundBalancesEOYAmt050168173
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08129
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08129
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0734246
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0734246
IRS990/NetUnrelatedBusTxblIncmAmt0461
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt096414
IRS990/OfficeExpensesGrp/TotalAmt096414
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt01700661
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1MAINTENANCE EXPENSE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE & GENERA
IRS990/OtherExpensesGrp/Desc3OPERATIONS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt033026683
IRS990/OtherExpensesGrp/ProgramServicesAmt11972605
IRS990/OtherExpensesGrp/ProgramServicesAmt2459477
IRS990/OtherExpensesGrp/ProgramServicesAmt3319912
IRS990/OtherExpensesGrp/TotalAmt033026683
IRS990/OtherExpensesGrp/TotalAmt11972605
IRS990/OtherExpensesGrp/TotalAmt2459477
IRS990/OtherExpensesGrp/TotalAmt3319912
IRS990/OtherLiabilitiesGrp/BOYAmt0736044
IRS990/OtherLiabilitiesGrp/EOYAmt0799626
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/BusinessCd2221000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE CAPITAL
IRS990/OtherRevenueMiscGrp/Desc1MISC
IRS990/OtherRevenueMiscGrp/Desc2MISC. INCOME/LOSS CO-OP ONE
IRS990/OtherRevenueMiscGrp/ExclusionAmt03474
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0840171
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0840171
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13474
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21461
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt01461
IRS990/OtherRevenueTotalAmt0845106
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02757572
IRS990/OtherSalariesAndWagesGrp/TotalAmt02757572
IRS990/OtherSourcesGrossIncomeAmt0970305
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0264526
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0105754
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02001912
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt02068185
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0218477
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0106184
IRS990/PrincipalOfficerNm0STEVE SEIBERT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0REVENUE-ELECTRIC SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043492893
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043492893
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt02661540
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0800728
IRS990/PYOtherExpensesAmt038835760
IRS990/PYOtherRevenueAmt01520635
IRS990/PYProgramServiceRevenueAmt042120643
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt02944706
IRS990/PYTotalExpensesAmt044442006
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt044442006
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt0734246
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt043492893
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt046465600
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt048099988
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04814479
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02500000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/PoliticalExpendituresAmt02000
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0351998087
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0INDIANA ELECTRIC COOPERATIVES STATE PAC
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt02000
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt011805 N PENNSYLVANIA ST
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0CARMEL
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd046032
IRS990ScheduleD/BuildingsGrp/BookValueAmt01087219
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01606761
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02693980
IRS990ScheduleD/EquipmentGrp/BookValueAmt011326396
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04262618
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015589014
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02478079
IRS990ScheduleD/ExpensesSubtotalAmt043559536
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt06138214
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt114598230
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL - OTHER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PATRONAGE CAPITAL - HOOSIER ENERGY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt045004
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045004
IRS990ScheduleD/OtherExpensesNotIncludedAmt02478079
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042905551
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016721417
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059626968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0103598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1665555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt230473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCUM PROVISION FOR MEDICAL LEAVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CUSTOMER ADVANCES-CONSTRUCTION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt046037615
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE REC FOLLOWS "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." THE GENERALLY ACCEPTED ACCOUNTING PRINCIPLE PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE ACCOUNTING PRINCIPLE REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS ACCOUNTING PRINCIPLE DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS AS THE REC DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt12024 MARGINS ALLOCATED TO MEMBERS 2,478,079.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt055364170
IRS990ScheduleD/TotalBookValueProgramRltdAmt020736444
IRS990ScheduleD/TotalExpensesPerForm990Amt046037615
IRS990ScheduleD/TotalLiabilityAmt0799626

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