Civic Intelligence

Warren County Remc

990 • Fiscal year 2023 • EIN 35-0739817

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 26, 2024

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

46th percentile

0.46x

Higher debt load relative to assets than 46% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

30th percentile

0.98x

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

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Net Margin

63rd percentile

7.1%

Higher net margin than 63% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$258,489

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Asset Growth

54th percentile

3.3%

Faster asset growth than 54% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

5.9%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$35,319,588

Up $1,137,474 (+3.3%) from 2022

Net Assets

Up

$19,108,645

Up $759,067 (+4.1%) from 2022

Liabilities

Up

$16,210,943

Up $378,407 (+2.4%) from 2022

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin63rd percentile

Revenue

Up

$16,474,777

Up $915,721 (+5.9%) from 2022

Expenses

Up

$15,299,331

Up $391,839 (+2.6%) from 2022

Net Income

Up

$1,175,446

Up $523,882 (+80%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth54th 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

2023

Assets$35,319,588
Liabilities$16,210,943
Net Assets$19,108,645
Open 2023 Filing

Operations Trend

Revenue Growth65th 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

2023

Revenue$16,474,777
Expenses$15,299,331
Net Income$1,175,446
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 26, 2024
Return Version
2023v5.1
Gross Receipts
$16,512,604
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$25,774,477$26,160,002▲ $385,525
Rtn Earn Endowment Incm Other Fnds$18,349,578$19,108,645▲ $759,067
Investments Other Securities$5,342,811$5,841,358▲ $498,547
Accounts Receivable$1,517,355$1,777,109▲ $259,754
Cash and Non-Interest-Bearing Accounts$1,199,219$1,119,195▼ $80,024
Inventories for Sale or Use$325,216$397,993▲ $72,777
Prepaid Expenses and Deferred Charges$23,036$23,931▲ $895
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$34,182,114$35,319,588▲ $1,137,474
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,537,345$15,022,726▲ $485,381
Accounts Payable and Accrued Expenses$1,295,191$1,188,217▼ $106,974
Total Liabilities$15,832,536$16,210,943▲ $378,407
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,349,578$19,108,645▲ $759,067
Total Liabilities and Net Assets / Fund Balance$34,182,114$35,319,588▲ $1,137,474

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,184,868$13,126,061$38,310,929
Buildings$954,124$1,011,557$1,965,681
Land$21,010-$21,010
Other Securities$25,000--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
C Charlie DunnCEOFT$198,850$59,639$258,489
Cory ReynoldsEng & Operations ManagerFT$139,211$41,302$180,513
Vance StwalleyLine ForemanFT$124,890$49,513$174,403
Kayle HutsonJourneyman LinemanFT$117,438$48,469$165,907
Chad BurtonJourneyman LinemanFT$115,971$48,106$164,077
Adam HouserJourneyman LinemanFT$111,998$48,469$160,467
Rich PotterAssistant Secretary/treasurer-$1,800$16,191$17,991
Jeffery W ClemVice President-$1,650$16,191$17,841
Bruce a BuchananDirector-$1,650$16,191$17,841
Dwain AkersDirector-$1,800$15,541$17,341
David LawlyesDirector-$1,200$14,074$15,274
Troy LeakDirector-$750$6,490$7,240
Michael R ConnerPresident-$1,950-$1,950
Don E MckinninsSecretary/treasurer Assist-$1,800-$1,800
Kevin T McneilDirector-$1,350-$1,350
Thomas J LeakDirector-$900-$900

Highest Paid Contractors

ContractorServicesLocationCompensation
Wa Kendall And Company LLCRow ClearingPO BOX 831, Lawrenceville, GA 30046$413,921
Electricom LLCDistribution Line RebuildingPO BOX 319, Paoli, IN 47454$292,701
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,674,375
Investment Income
$226,554
Other Revenue
$573,848
Change in Net Assets
$1,175,446

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,474,777
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$16,474,777
Total Revenue per Form 990
$16,474,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,493,105
Salaries, Compensation, and Employee Benefits$806,226
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$1,306,592
Interest---$722,787
Other Salaries and Wages---$679,023
All Other Expenses---$380,339
Other Expenses---$283,365
Other Employee Benefits---$127,203
Fees for Services Legal---$52,591
Fees for Services Accounting---$18,370
Total Functional Expenses$0$0$0$15,299,331

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,299,331
Total Expenses per Audited Statements$15,299,331
Total Expenses per Form 990$15,299,331
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$9,548,731
Dwain AkersBoard MemberSee BelowNo$181,210
Thomas LeakBoard MemberSee BelowNo$181,210
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
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
2024-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C Charles Dunn Jr
Formed
1936
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
17
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 -2,190. Retirement of capital credits -414,189.”

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 625 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01295191
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01188217
IRS990/AccountsReceivableGrp/BOYAmt01517355
IRS990/AccountsReceivableGrp/EOYAmt01777109
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DISTRIBUTION OF ELECTRICITY TO ITS MEMBERS
IRS990/AllOtherExpensesGrp/TotalAmt0380339
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0C CHARLES DUNN JR
IRS990/BooksInCareOfDetail/PhoneNum07657626114
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 37
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILLIAMSPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047993
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01199219
IRS990/CashNonInterestBearingGrp/EOYAmt01119195
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0413921
IRS990/ContractorCompensationGrp/CompensationAmt1292701
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 831
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 319
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LAWRENCEVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1PAOLI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd030046
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd147454
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WA KENDALL AND COMPANY LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ELECTRICOM LLC
IRS990/ContractorCompensationGrp/ServicesDesc0ROW CLEARING
IRS990/ContractorCompensationGrp/ServicesDesc1DISTRIBUTION LINE REBUILDING
IRS990/CostOfGoodsSoldAmt01688
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0226554
IRS990/CYOtherExpensesAmt014493105
IRS990/CYOtherRevenueAmt0573848
IRS990/CYProgramServiceRevenueAmt015674375
IRS990/CYRevenuesLessExpensesAmt01175446
IRS990/CYSalariesCompEmpBnftPaidAmt0806226
IRS990/CYTotalExpensesAmt015299331
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt016474777
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01306592
IRS990/Desc0TO PROVIDE ELECTRICITY TO ITS MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt015299331
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt018370
IRS990/FeesForServicesLegalGrp/TotalAmt052591
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.13
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.63
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.74
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.39
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.85
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.69
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.06
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1244.58
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1344.82
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1444.23
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1545.05
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt116191
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt314074
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt616191
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt715541
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt816191
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt96490
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1059639
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1141302
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1249513
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1348106
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1448469
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1548469
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL R CONNER
IRS990/Form990PartVIISectionAGrp/PersonNm1BRUCE A BUCHANAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DON E MCKINNINS
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID LAWLYES
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS J LEAK
IRS990/Form990PartVIISectionAGrp/PersonNm5KEVIN T MCNEIL
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFFERY W CLEM
IRS990/Form990PartVIISectionAGrp/PersonNm7DWAIN AKERS
IRS990/Form990PartVIISectionAGrp/PersonNm8RICH POTTER
IRS990/Form990PartVIISectionAGrp/PersonNm9TROY LEAK
IRS990/Form990PartVIISectionAGrp/PersonNm10C CHARLIE DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm11CORY REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm12VANCE STWALLEY
IRS990/Form990PartVIISectionAGrp/PersonNm13CHAD BURTON
IRS990/Form990PartVIISectionAGrp/PersonNm14KAYLE HUTSON
IRS990/Form990PartVIISectionAGrp/PersonNm15ADAM HOUSER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt81800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10198850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11139211
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12124890
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13115971
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14117438
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15111998
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER ASSIST
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASSISTANT SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11ENG & OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt12LINE FOREMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13JOURNEYMAN LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt14JOURNEYMAN LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15JOURNEYMAN LINEMAN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0191361
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0227500
IRS990/GrossReceiptsAmt016512604
IRS990/GrossSalesOfInventoryAmt08797
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt0722787
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0325216
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0397993
IRS990/InvestmentIncomeGrp/ExclusionAmt035193
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035193
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05342811
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05841358
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014137618
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025774477
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026160002
IRS990/LandBldgEquipCostOrOtherBssAmt040297620
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt036139
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt015674375
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DISTRIBUTE ELECTRICITY TO ITS MEMBERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014537345
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015022726
IRS990/NetAssetsOrFundBalancesBOYAmt018349578
IRS990/NetAssetsOrFundBalancesEOYAmt019108645
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0191361
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0191361
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt07109
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt07109
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-416379
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0127203
IRS990/OtherExpensesGrp/Desc0POWER COSTS
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3OPERATIONS
IRS990/OtherExpensesGrp/TotalAmt09548731
IRS990/OtherExpensesGrp/TotalAmt11459860
IRS990/OtherExpensesGrp/TotalAmt2720470
IRS990/OtherExpensesGrp/TotalAmt3283365
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0566739
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0566739
IRS990/OtherRevenueTotalAmt0566739
IRS990/OtherSalariesAndWagesGrp/TotalAmt0679023
IRS990/OtherSourcesGrossIncomeAmt0800402
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023036
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023931
IRS990/PrincipalOfficerNm0C CHARLES DUNN JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRICITY SALES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER ELECTRIC REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015657909
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt116466
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015657909
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116466
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt050639
IRS990/PYOtherExpensesAmt014114045
IRS990/PYOtherRevenueAmt0315904
IRS990/PYProgramServiceRevenueAmt015192513
IRS990/PYRevenuesLessExpensesAmt0651564
IRS990/PYSalariesCompEmpBnftPaidAmt0793447
IRS990/PYTotalExpensesAmt014907492
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015559056
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01175446
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015665018
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt018349578
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt019108645
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/BookValueAmt0954124
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01011557
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01965681
IRS990ScheduleD/EquipmentGrp/BookValueAmt025184868
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013126061
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038310929
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt015299331
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt021010
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021010
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt09667
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1548874
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt23635
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt385666
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4101571
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt54558363
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt659937
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7847
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt8372676
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt960487
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt10150
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt111000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12985
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1312500
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1425000
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/Desc14ACCORD TELECOMMUNICATIONS
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/OtherSecuritiesGrp/MethodValuationCd14F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt016474777
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE REMC DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026160002
IRS990ScheduleD/TotalBookValueSecuritiesAmt05841358

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,319,588
Liabilities
$16,210,943
Net assets
$19,108,645
Revenue
$16,474,777
Expenses
$15,299,331
Net income
$1,175,446
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