Civic Intelligence

Warren County Remc

990 • Fiscal year 2022 • EIN 35-0739817

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 07, 2023

Organization ProfileN/A
PO Box 37Williamsport, IN 47993

(765) 762-6114

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.46x

Higher debt load relative to assets than 43% of similar nonprofits.

2022 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

30th percentile

1.02x

Higher debt load relative to revenue than 30% of similar nonprofits.

2022 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2022

Net Margin

59th percentile

4.2%

Higher net margin than 59% of similar nonprofits.

2022 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$287,324

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2022 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2022

Asset Growth

29th percentile

1.1%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

9.9%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$34,182,114

Up $369,786 (+1.1%) from 2021

Net Assets

Up

$18,349,578

Up $177,401 (+1.0%) from 2021

Liabilities

Up

$15,832,536

Up $192,385 (+1.2%) from 2021

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin59th percentile

Revenue

Up

$15,559,056

Up $1,396,668 (+9.9%) from 2021

Expenses

Up

$14,907,492

Up $1,102,003 (+8.0%) from 2021

Net Income

Up

$651,564

Up $294,665 (+83%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$40M$30M$20M$10M$0Assets 2010: $21,630,518Liabilities 2010: $8,994,691Net Assets 2010: $12,635,8272010Assets 2019: $32,318,209Liabilities 2019: $14,673,552Net Assets 2019: $17,644,6572019Assets 2020: $33,235,920Liabilities 2020: $14,977,888Net Assets 2020: $18,258,0322020Assets 2021: $33,812,328Liabilities 2021: $15,640,151Net Assets 2021: $18,172,1772021Assets 2022: $34,182,114Liabilities 2022: $15,832,536Net Assets 2022: $18,349,5782022Assets 2023: $35,319,588Liabilities 2023: $16,210,943Net Assets 2023: $19,108,6452023Assets 2024: $36,441,431Liabilities 2024: $17,463,816Net Assets 2024: $18,977,6152024

Highlighted filing

2022

Assets$34,182,114
Liabilities$15,832,536
Net Assets$18,349,578
Open 2022 Filing

Operations Trend

Revenue Growth72nd percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $10,327,1372010Revenue 2019: $14,161,905Expenses 2019: $13,545,166Net Income 2019: $616,7392019Revenue 2020: $14,417,669Expenses 2020: $13,304,221Net Income 2020: $1,113,4482020Revenue 2021: $14,162,388Expenses 2021: $13,805,489Net Income 2021: $356,8992021Revenue 2022: $15,559,056Expenses 2022: $14,907,492Net Income 2022: $651,5642022Revenue 2023: $16,474,777Expenses 2023: $15,299,331Net Income 2023: $1,175,4462023Revenue 2024: $15,578,250Expenses 2024: $15,293,573Net Income 2024: $284,6772024

Highlighted filing

2022

Revenue$15,559,056
Expenses$14,907,492
Net Income$651,564
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 7, 2023
Return Version
2022v5.0
Gross Receipts
$15,562,569
Mission and Program Overview

Mission

To distribute electricity to its members

Distribution of electricity to its members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,758,276$25,774,477▲ $16,201
Rtn Earn Endowment Incm Other Fnds$18,172,177$18,349,578▲ $177,401
Investments Other Securities$5,145,965$5,342,811▲ $196,846
Accounts Receivable$1,362,849$1,517,355▲ $154,506
Cash and Non-Interest-Bearing Accounts$1,280,229$1,199,219▼ $81,010
Inventories for Sale or Use$235,782$325,216▲ $89,434
Prepaid Expenses and Deferred Charges$29,227$23,036▼ $6,191
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$33,812,328$34,182,114▲ $369,786
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,378,524$14,537,345▲ $158,821
Accounts Payable and Accrued Expenses$1,261,627$1,295,191▲ $33,564
Total Liabilities$15,640,151$15,832,536▲ $192,385
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,172,177$18,349,578▲ $177,401
Total Liabilities and Net Assets / Fund Balance$33,812,328$34,182,114▲ $369,786

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,746,606$12,431,104$37,177,710
Buildings$1,006,861$941,970$1,948,831
Land$21,010-$21,010
Other Securities$12,500--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Philip H High JrGeneral ManagerFT$227,734$59,590$287,324
Cory ReynoldsEng & Operations ManagerFT$126,348$50,740$177,088
Vance StwalleyLine ForemanFT$118,424$49,666$168,090
Chad BurtonJourneyman LinemanFT$110,573$55,457$166,030
Kayle HutsonJourneyman LinemanFT$110,217$54,008$164,225
Adam HouserJourneyman LinemanFT$102,411$55,819$158,230
Jeffery W ClemDirector-$2,100$17,492$19,592
Rich PotterDirector-$1,950$17,492$19,442
Dwain AkersDirector-$2,100$16,176$18,276
David LawlyesDirector-$1,800$15,245$17,045
Kevin T McneilDirector-$2,250$4,291$6,541
Michael R ConnerPresident-$2,400-$2,400
Don E MckinninsSecretary/treasurer Assist-$2,250-$2,250
Thomas J LeakVice President-$1,950-$1,950
Bruce a BuchananSecretary/treasurer-$600-$600

Highest Paid Contractors

ContractorServicesLocationCompensation
Electricom LLCLine Construction/right Of Way1660 W HOSPITAL RD, Paoli, IN 47454$415,267
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,192,513
Investment Income
$50,639
Other Revenue
$315,904
Change in Net Assets
$651,564

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,559,056
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,559,056
Total Revenue per Form 990
$15,559,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,114,045
Salaries, Compensation, and Employee Benefits$793,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$1,266,864
Interest---$712,501
Other Salaries and Wages---$579,920
All Other Expenses---$495,818
Other Expenses---$345,446
Other Employee Benefits---$213,527
Fees for Services Legal---$44,434
Fees for Services Accounting---$17,725
Total Functional Expenses$0$0$0$14,907,492

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,907,492
Total Expenses per Audited Statements$14,907,492
Total Expenses per Form 990$14,907,492
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$2,000

Section 527 Organizations

OrganizationLocationAmount
35-1998087Indianapolis, IN$2,000
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mike ConnerBoard MemberSee BelowNo$9,240,469
Thomas LeakBoard MemberSee BelowNo$171,983
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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

“The organization is a rural electric membership cooperative. The cooperative requires a fee for membership prior to receiving electric services.”

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

“Members elect the board of directors annually at the organization's annual meeting. Each year a certain number of directors are elected by the members to a three year term.”

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

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

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

“The board of the organization reviews all business matters prior to final submission.”

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

“The organization maintains a written conflict of interest policy and periodically monitors potential changes to these conflicts.”

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

“The board of directors determines the manager's salary based on budgeted amounts for compensation for the upcoming year. This is discussed without the manager being present.”

Form 990, Part VI, Section C, Line 19

“The organization makes all public forms available for inspection, including forms 990 and 990-t at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Warren County Remc
EIN
35-0739817
Phone
7657626114
Address
PO BOX 37, WILLIAMSPORT, IN 47993

Signing Officer

Name
C Charles Dunn Jr
Title
General Manager
Phone
7657626114
Signed
2023-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C Charles Dunn Jr
Formed
1936
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
18
Volunteers
0

Preparer

Firm
London Witte Group LLC
Address
1776 N MERIDIAN STSTE500, INDIANAPOLIS, IN 46202
Preparer
Brian D Cherry
Phone
3176344747
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in memberships -2,550. Retirement of capital credits -471,613.”

Form 990, Part XII, Line 2C

“The responsibility of the committee for oversight of the audit, review, compilation of financial statements and selection of independent auditor has not changed for years.”

Financial Statement Notes

PART X, LINE 2:

“The remc does not believe they are taking any uncertain tax positions.”

Raw XML AppendixShowing 400 of 607 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/TitleTxt1SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER ASSIST
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt10ENG & OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt11LINE FOREMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12JOURNEYMAN LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13JOURNEYMAN LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt14JOURNEYMAN LINEMAN
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt025758276
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025774477
IRS990/LandBldgEquipCostOrOtherBssAmt039147551
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt015192513
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DISTRIBUTE ELECTRICITY TO ITS MEMBERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014378524
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014537345
IRS990/NetAssetsOrFundBalancesBOYAmt018172177
IRS990/NetAssetsOrFundBalancesEOYAmt018349578
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt029900
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt029900
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt014813
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt014813
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-474163
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0213527
IRS990/OtherExpensesGrp/Desc0POWER COSTS
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3OPERATIONS
IRS990/OtherExpensesGrp/TotalAmt09240469
IRS990/OtherExpensesGrp/TotalAmt11338871
IRS990/OtherExpensesGrp/TotalAmt2651917
IRS990/OtherExpensesGrp/TotalAmt3345446
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0301091
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0301091
IRS990/OtherRevenueTotalAmt0301091
IRS990/OtherSalariesAndWagesGrp/TotalAmt0579920
IRS990/OtherSourcesGrossIncomeAmt0366543
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029227
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023036
IRS990/PrincipalOfficerNm0C CHARLES DUNN JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRICITY SALES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER ELECTRIC REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015176847
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015176847
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115666
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt057025
IRS990/PYOtherExpensesAmt013220366
IRS990/PYOtherRevenueAmt0293093
IRS990/PYProgramServiceRevenueAmt013812270
IRS990/PYRevenuesLessExpensesAmt0356899
IRS990/PYSalariesCompEmpBnftPaidAmt0585123
IRS990/PYTotalExpensesAmt013805489
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014162388
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0651564
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015207326
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt018172177
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018349578
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/PoliticalExpendituresAmt02000
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0351998087
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0INDIANA FRIENDS OF RURAL ELECTRIFICATION
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt02000
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt0PO BOX 24517
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd046224
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0MONETARY DONATIONS
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleD/BuildingsGrp/BookValueAmt01006861
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0941970
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01948831
IRS990ScheduleD/EquipmentGrp/BookValueAmt024746606
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012431104
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037177710
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014907492
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt021010
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021010
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt011202
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1527251
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt23635
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt369614
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt497723
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt54120691
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt661720
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7847
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt8375190
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt960303
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt10150
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt111000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12985
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1312500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER INVEST-CFC
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PATRONAGE CAPITAL-CFC
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PATRONAGE CAPITAL-FARM BUREAU
IRS990ScheduleD/OtherSecuritiesGrp/Desc3PATRONAGE CAPITAL-UNITED UTILITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc4PATRONAGE CAPITAL-FEDERATED
IRS990ScheduleD/OtherSecuritiesGrp/Desc5PATRONAGE CAPITAL-WVPA
IRS990ScheduleD/OtherSecuritiesGrp/Desc6PATRONAGE CAPITAL-CADP
IRS990ScheduleD/OtherSecuritiesGrp/Desc7PATRONAGE CAPITAL-INDIANA STATEWIDE
IRS990ScheduleD/OtherSecuritiesGrp/Desc8SUBS TO CAP TERM CERTIFICATES
IRS990ScheduleD/OtherSecuritiesGrp/Desc9INVEST IN STATEWIDE
IRS990ScheduleD/OtherSecuritiesGrp/Desc10OTHER INVEST-GREAT LAKES
IRS990ScheduleD/OtherSecuritiesGrp/Desc11OTHER INVEST-NRTC MEM
IRS990ScheduleD/OtherSecuritiesGrp/Desc12OTHER INVEST-WARREN COMM
IRS990ScheduleD/OtherSecuritiesGrp/Desc13INVESTMENT IN CRC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd11F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd12F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd13F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015559056
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE REMC DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025774477
IRS990ScheduleD/TotalBookValueSecuritiesAmt05342811
IRS990ScheduleD/TotalExpensesPerForm990Amt014907492
IRS990ScheduleD/TotalRevenuePerForm990Amt015559056
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015559056
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014907492
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0227734
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1126348
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2118424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3110573
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4110217
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5102411
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,182,114
Liabilities
$15,832,536
Net assets
$18,349,578
Revenue
$15,559,056
Expenses
$14,907,492
Net income
$651,564
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.4$17.5$19.0$15.6$15.3$0.28
2023Detailed filing. Detailed filing data is available for this year.$35.3$16.2$19.1$16.5$15.3$1.18
2022Detailed filing. Detailed filing data is available for this year.$34.2$15.8$18.3$15.6$14.9$0.65
2021Detailed filing. Detailed filing data is available for this year.$33.8$15.6$18.2$14.2$13.8$0.36
2020Detailed filing. Detailed filing data is available for this year.$33.2$15.0$18.3$14.4$13.3$1.11
2019Detailed filing. Detailed filing data is available for this year.$32.3$14.7$17.6$14.2$13.5$0.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$8.99$12.6$10.3