JOHNSON COUNTY RURAL ELEC MEM CORP: Form 990, tax year 2025
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- Organization
- JOHNSON COUNTY RURAL ELEC MEM CORP (EIN 35-0424700)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-07-14
- IRS object ID
- 202611959349300526
- Schema version
- 2025v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-07-14T09:13:22-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 350424700 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Johnson County Rural Electric Membership Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % John Sturm | InCareOfNm |
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 3177366174 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 International Drive | AddressLine1Txt |
| City | Franklin | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46131 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN STURM | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3177366174 | PhoneNum |
| Signature | 2026-07-14 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JCREMC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | John Sturm | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 International Dr | AddressLine1Txt |
| City | Franklin | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $77,390,463 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.jcremc.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | To safely and efficiently provide reliable electric services for the community | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 81 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $74,033,350 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $75,690,034 | CYProgramServiceRevenueAmt |
| PY Investment Income | $558,970 | PYInvestmentIncomeAmt |
| CY Investment Income | $661,203 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,061,619 | PYOtherRevenueAmt |
| CY Other Revenue | $872,040 | CYOtherRevenueAmt |
| PY Total Revenue | $76,653,939 | PYTotalRevenueAmt |
| CY Total Revenue | $77,223,277 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,514,882 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,229,421 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $67,321,138 | PYOtherExpensesAmt |
| CY Other Expenses | $67,790,593 | CYOtherExpensesAmt |
| PY Total Expenses | $73,836,020 | PYTotalExpensesAmt |
| CY Total Expenses | $75,020,014 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,817,919 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,203,263 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $202,674,247 | TotalAssetsBOYAmt |
| Total Assets EOY | $243,996,791 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $103,643,938 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $143,897,621 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $99,030,309 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $100,099,170 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To safely and efficiently provide reliable electric services for the community. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $75,020,014 | ExpenseAmt |
| Revenue | $76,048,654 | RevenueAmt |
| Desc | Distribution of electricity | Desc |
| Total Program Service Expenses | $75,020,014 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 48 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 81 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $75,690,034 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,533,243 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JCREMC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3177366174 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 International Drive | AddressLine1Txt |
| City | Franklin | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46131 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| JOHN STURM | ||||||||
| CEO | 42.50 | 3.00 | Yes (X) | $422,855 | $0 | $113,596 | ||
| TERRY MILLER | ||||||||
| VP of Finance | 43.40 | 3.00 | Yes (X) | $211,353 | $0 | $122,676 | ||
| KEVIN SHELLEY | ||||||||
| VP of Engineering | 41.10 | 0.00 | $188,143 | $0 | $79,154 | Yes (X) | ||
| NICK STAINBROOK | ||||||||
| VP of Operations | 41.90 | 4.00 | $171,378 | $0 | $77,995 | Yes (X) | ||
| SHAWN FRYE | ||||||||
| VP of Technology | 41.90 | 2.00 | $163,755 | $0 | $67,189 | Yes (X) | ||
| STEVEN STOUT | ||||||||
| Journeyman Lineman | 50.70 | 0.00 | $148,902 | $0 | $37,908 | Yes (X) | ||
| DANIEL WOOD | ||||||||
| Mgr Electric Operation | 44.10 | 0.00 | $138,315 | $0 | $44,343 | Yes (X) | ||
| JAMIE MEREDITH | ||||||||
| Vice President | 4.10 | 0.30 | $26,200 | $8,750 | $0 | Yes (X) | ||
| STEPHEN WATSON | ||||||||
| President | 4.40 | 0.30 | $25,925 | $8,750 | $0 | Yes (X) | ||
| RONALD BARNETT | ||||||||
| SecretaryTreasurer | 6.60 | 0.30 | $25,150 | $8,750 | $0 | Yes (X) | ||
| DENNIS STEWART | ||||||||
| Board of Director | 4.00 | 0.20 | $23,250 | $8,400 | $0 | Yes (X) | ||
| GLENN MCALPIN | ||||||||
| Board of Director | 5.90 | 0.30 | $22,550 | $8,750 | $0 | Yes (X) | ||
| SETH BROWN | ||||||||
| Board of Director | 5.90 | 0.30 | $22,200 | $8,750 | $0 | Yes (X) | ||
| LEE ANN WILBUR | ||||||||
| Board of Director | 4.90 | 0.30 | $21,750 | $8,750 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,611,726 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $60,900 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $542,861 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 30 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Stella Energy Solutions | |||||
| 9595 Six Pines Dr Ste 3200 | The Woodlands | TX | 77380 | Distributed Energy | $19,956,351 |
| Hoosier Edison Line Co | |||||
| 4301 N 800 W | Sharpsville | IN | 46068 | Utility line construction | $3,732,873 |
| G&G Underground Const | |||||
| 1150 Graham St | Franklin | IN | 46131 | Utility line construction | $1,151,516 |
| Mark It Right LLC | |||||
| PO Box 309 | Danville | IN | 46122 | Utility locating | $755,020 |
| Asplundh Tree Expert LLC | |||||
| PO Box 532729 | Atlanta | GA | 30353 | Tree trimming | $618,360 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Electricity distribution | 221000 | $75,387,820 | $75,387,820 |
| Penaltiesservice charges | 221000 | $302,214 | $302,214 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $75,690,034 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $643,923 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $643,923 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $189,497 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $189,497 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $189,497 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $30,301 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $13,021 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $17,280 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,280 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $153,118 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $154,165 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,047 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Patronage capital | 900001 | $159,046 | $159,046 |
| Patronage capital assoc | 900001 | $199,574 | $199,574 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $324,970 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $324,970 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $683,590 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,223,277 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,017,547 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $801,233 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,796,777 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $754,104 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $388,704 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $488,603 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,725 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,940 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,433 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $266,947 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,135 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $478,691 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $310,221 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,767 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,589 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,004,634 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,847 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,012,072 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,025 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| purchased power | $49,636,317 |
| line operation & maint | $4,388,162 |
| taxes | $548,667 |
| meter reading | $30,484 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,937 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,020,014 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,836 | BOYAmt |
| EOY | $10,354 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,423,522 | BOYAmt |
| EOY | $1,331,051 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,733,952 | BOYAmt |
| EOY | $14,609,666 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,704,466 | BOYAmt |
| EOY | $18,756,573 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,558,921 | BOYAmt |
| EOY | $9,801,341 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,441 | BOYAmt |
| EOY | $143,826 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $210,114,550 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $39,910,245 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,915,083 | BOYAmt |
| EOY | $170,204,305 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,828,195 | BOYAmt |
| EOY | $29,133,583 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,362,831 | BOYAmt |
| EOY | $6,092 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,674,247 | BOYAmt |
| EOY | $243,996,791 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,205,999 | BOYAmt |
| EOY | $34,606,677 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,067,530 | BOYAmt |
| EOY | $104,351,909 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,370,409 | BOYAmt |
| EOY | $4,939,035 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,643,938 | BOYAmt |
| EOY | $143,897,621 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,030,309 | BOYAmt |
| EOY | $100,099,170 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,030,309 | BOYAmt |
| EOY | $100,099,170 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,674,247 | BOYAmt |
| EOY | $243,996,791 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,203,263 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,134,402 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $8,433 | PoliticalExpendituresAmt |
| Form1120 POL Filed | Yes (true) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Paid Internal FundsPaidInternalFundsAmt |
|---|---|---|---|---|
| Indiana Electric Cooperati | ||||
| 11805 Pennsylvania St | Carmel | IN | 46032 | $6,433 |
| Indiana Fore | ||||
| 11805 Pennsylvania St | Carmel | IN | 46032 | $2,000 |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $497,724 | InvestmentCostOrOtherBasisAmt |
| Book Value | $497,724 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $207,706,226 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $39,910,245 | DepreciationAmt |
| Book Value | $167,795,981 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,910,600 | InvestmentCostOrOtherBasisAmt |
| Book Value | $1,910,600 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $170,204,305 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| patronage cap Hoosier | $24,677,614 | F |
| patronage cap NRUCFC | $1,067,657 | F |
| capital term certificate | $455,818 | F |
| inv Bank for Cooperative | $6,655 | F |
| inv Indiana Electric Coo | $115,611 | F |
| inv NISC | $232,857 | F |
| inv assoc organizations | $2,806 | F |
| inv in subsidiaries | $2,574,565 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $29,133,583 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| accum. provision pension | $2,913,874 |
| obligation capital leases | $664,566 |
| construction advances | $310,595 |
| regulatory liability | $1,050,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,939,035 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $77,223,277 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $77,223,277 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $77,223,277 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $75,020,014 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $75,020,014 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $75,020,014 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| JOHN STURM | ||||||
| CEO | $372,255 | $50,000 | $600 | $84,961 | $28,635 | $536,451 |
| TERRY MILLER | ||||||
| VP of Finance | $192,811 | $3,000 | $15,542 | $95,280 | $27,396 | $334,029 |
| KEVIN SHELLEY | ||||||
| VP of Engineering | $180,476 | $7,667 | $51,875 | $27,279 | $267,297 | |
| NICK STAINBROOK | ||||||
| VP of Operations | $160,807 | $10,571 | $50,981 | $27,014 | $249,373 | |
| SHAWN FRYE | ||||||
| VP of Technology | $150,409 | $13,346 | $40,325 | $26,864 | $230,944 | |
| STEVEN STOUT | ||||||
| Journeyman Lineman | $148,302 | $600 | $11,510 | $26,398 | $186,810 | |
| DANIEL WOOD | ||||||
| Mgr Electric Operation | $135,215 | $2,500 | $600 | $34,725 | $9,618 | $182,658 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (26 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 6 | JCREMC has members who receive electricity from JCREMC. |
| Part VI Line 7a | JCREMC has members who have the right and responsibility to attend the |
| Part VI Line 7a | annual meeting every year and vote for candidates for the board. |
| Part VI Line 11b | Form 990 is reviewed by JCREMC's governing body during the board of |
| Part VI Line 11b | directors meeting before it is filed. |
| Part VI Line 12c | JCREMC's directors, officers and key employee's are required to sign a |
| Part VI Line 12c | conflict of interest certification annually. |
| Part VI Line 19 | JCREMC's governing documents are available to view on the website. Our |
| Part VI Line 19 | financial statements are available upon request. |
| Part XI Line 9 | The ($1,134,402), other changes in net assets consists of two items. The |
| Part XI Line 9 | first is a negative $909,562. This number consists of a retirement of |
| Part XI Line 9 | patronage capital in the amount of $1,505,121, and an increase in fund |
| Part XI Line 9 | balances of $595,559, due to unclaimed patronage capital brought back |
| Part XI Line 9 | into other fund balances. The second item consists of a $224,840 |
| Part XI Line 9 | increase in the market adjustment valuation of our post retirement |
| Part XI Line 9 | benefits. Our post retirement benefits is determined by an acturaial |
| Part XI Line 9 | study each year and we do not fund any portion of that balance. JCREMC |
| Part XI Line 9 | has shown patronage retirement to its memebers in the other changes in net |
| Part XI Line 9 | assets of fund balances section. JCREMC has not shown any amount of |
| Part XI Line 9 | patronage retirement on 990, Section IX, Statement of Functional Expenses, |
| Part XI Line 9 | line 4. The reason that Section IX, line 4 does not include any retirements |
| Part XI Line 9 | from patronage is due to the fact that none of the amounts that were |
| Part XI Line 9 | retired from the patronage of JCREMC were operating expenses, but were |
| Part XI Line 9 | rather merely a return of JCREMC's equity. The presentation shown by JCREMC |
| Part XI Line 9 | was done in order to adequately supply all necessary information to the |
| Part XI Line 9 | service as well as accuarately disclose the activity of JCREMC for the year |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Johnson County Fiber Network | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Data Communications | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | NA | PredominantIncomeTypeTxt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| General Or Managing Partner | false | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Effective Systems | |||||||||||
| 750 International Dr | Franklin | IN | 46131 | 320046607 | Holding Company | IN | JCREMC | C corp | $91,899 | $3,780,380 | 1.00000 |
| Rural Utility Economic Development Corporation | |||||||||||
| 750 International Dr | Franklin | IN | 46131 | 351989503 | Back-Up Generator | IN | Effective Systems | C corp | $80,000 | $6,282 | 1.00000 |
| Effective Systems Fiber Network | |||||||||||
| 750 International Dr | Franklin | IN | 46131 | 451619463 | Data Communications | IN | Effective Systems | C corp | $3,955,542 | $26,331,732 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | Yes (true) | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Effective Systems | ||
| Q | $44,100 | reimburse JCREMC for exp |
| Rural Utility Economic Development Corporation | ||
| B | $80,000 | grant |
| Effective Systems Fiber Network | ||
| A | $535,395 | interest |
| (no name) | ||
| D | $3,121,716 | loan |
| Franklin | ||
| G | $3,121,716 | book value of assets |
| (no name) | ||
| O | $722,105 | actual costs |
| (no name) | ||
| Q | $177,778 | actual costs |