CLARK COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CLARK COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION (EIN 35-0230915)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-07
- IRS object ID
- 202401289349301130
- Schema version
- 2023v5.0
- 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 | 2024-05-07T07:29:25-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 350230915 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARK COUNTY REMC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLAR | BusinessNameControlTxt |
| Phone | 8122463316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7810 STATE ROAD 60 | AddressLine1Txt |
| City | SELLERSBURG | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47172 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEREMY R MILLER | PersonNm |
| Person Title | ASSISTANT TREASURER | PersonTitleTxt |
| Phone | 8122463316 | PhoneNum |
| Signature | 2024-05-07 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JEREMY | PersonFirstNm |
| Person Last | MILLER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JASON S CLEMMONS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7810 STATE ROAD 60 | AddressLine1Txt |
| City | SELLERSBURG | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47172 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $71,639,504 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.CLARKREMC.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | TO EFFICIENTLY DELIVER SAFE, RELIABLE ELECTRIC SERVICE TO OUR MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 64 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $66,499,866 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $68,902,950 | CYProgramServiceRevenueAmt |
| PY Investment Income | $71,386 | PYInvestmentIncomeAmt |
| CY Investment Income | $72,809 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,008,019 | PYOtherRevenueAmt |
| CY Other Revenue | $2,655,567 | CYOtherRevenueAmt |
| PY Total Revenue | $68,579,271 | PYTotalRevenueAmt |
| CY Total Revenue | $71,631,326 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,493,012 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,449,050 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $56,811,086 | PYOtherExpensesAmt |
| CY Other Expenses | $60,640,460 | CYOtherExpensesAmt |
| PY Total Expenses | $62,304,098 | PYTotalExpensesAmt |
| CY Total Expenses | $66,089,510 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,275,173 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,541,816 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $158,055,649 | TotalAssetsBOYAmt |
| Total Assets EOY | $160,246,324 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $78,530,941 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $78,016,779 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,524,708 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $82,229,545 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO EFFICIENTLY DELIVER SAFE, RELIABLE ELECTRIC SERVICE TO OUR MEMBERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $66,089,510 | ExpenseAmt |
| Revenue | $71,631,326 | RevenueAmt |
| Desc | DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS. | Desc |
| Total Program Service Expenses | $66,089,510 | 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 | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | 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 |
| 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 | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 64 | 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 |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Members And Shr Gross Income | $70,234,985 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,665,738 | 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 | Yes (true) | 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 | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLARK COUNTY REMC | PersonNm |
| Phone | 8122463316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7810 STATE ROAD 60 | AddressLine1Txt |
| City | SELLERSBURG | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47172 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| PAUL A GRAF | ||||||||
| PRESIDENT | 6.29 | Yes (X) | Yes (X) | $15,219 | $0 | $0 | ||
| JOHN R BIESEL | ||||||||
| VICE PRESIDENT | 4.97 | Yes (X) | Yes (X) | $15,045 | $0 | $0 | ||
| JEFFREY A MYERS | ||||||||
| SECRETARY-TREASURER | 5.35 | Yes (X) | Yes (X) | $14,470 | $0 | $0 | ||
| JOSEPH W BASHAM | ||||||||
| DIRECTOR | 5.54 | Yes (X) | $14,968 | $0 | $0 | |||
| STEVEN G DIETERLEN | ||||||||
| DIRECTOR | 7.15 | Yes (X) | $11,162 | $0 | $0 | |||
| JAMES GREGORY HOSTETTLER | ||||||||
| DIRECTOR | 4.75 | Yes (X) | $5,565 | $0 | $0 | |||
| MARK A HUBER | ||||||||
| DIRECTOR | 4.28 | Yes (X) | $14,609 | $0 | $0 | |||
| AMBERLEY KENDALL | ||||||||
| DIRECTOR | 3.46 | Yes (X) | $2,105 | $0 | $0 | |||
| JASON CLEMMONS | ||||||||
| CHIEF EXECUTIVE OFFICER | 50.00 | Yes (X) | $232,143 | $0 | $130,081 | Yes (X) | ||
| THERA DESMOND | ||||||||
| ADMIN. ASST./ASST. SECRETARY | 40.00 | Yes (X) | $97,211 | $0 | $34,711 | |||
| JEREMY R MILLER | ||||||||
| MGR. OF FINANCE & ADMIN./ASST. TREASURER | 50.00 | Yes (X) | $185,762 | $0 | $80,520 | |||
| NASH SUMMERS | ||||||||
| MGR. OF OPERATIONS & ENGINEERING | 50.00 | $149,614 | $0 | $51,095 | Yes (X) | |||
| JERRY APPLEGATE | ||||||||
| WORKING FOREMAN | 50.00 | $145,997 | $0 | $50,044 | Yes (X) | |||
| KEVIN CROUSE SR | ||||||||
| WORKING FOREMAN | 49.00 | $145,193 | $0 | $75,338 | Yes (X) | |||
| KEVIN KASTENSMIDT | ||||||||
| MGR. OF INFORMATION TECHNOLOGY | 50.00 | $144,516 | $0 | $58,029 | Yes (X) | |||
| CHRISTOPHER WOODS | ||||||||
| WORKING FOREMAN | 50.00 | $140,452 | $0 | $50,723 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,334,031 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $530,541 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | 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 |
|---|---|---|---|---|---|
| ELECTRICOM LLC | |||||
| PO BOX 319 | PAOLI | IN | 47454 | CONSTRUCTION | $1,773,368 |
| TOWNSEND TREE SERVICE | |||||
| PO BOX 7015 | MUNCIE | IN | 47308 | RIGHT-OF-WAY MAINTENANCE | $1,436,876 |
| SALTSGAVER CONSTRUCTION CO | |||||
| 1805 CORYDON PIKE | NEW ALBANY | IN | 47151 | CONSTRUCTION | $889,297 |
| D J WINDELL INC | |||||
| 3094 OLD HEINZ ROAD NE | CORYDON | IN | 47112 | STAKING/INSPECTION | $225,550 |
| ON THE SPOT RESOURCES INC | |||||
| 5035 CHARLOTTE AVE | EVANSVILLE | IN | 47720 | LOCATING SERVICES | $212,866 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SALES OF ELECTRICITY | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $68,902,950 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $68,902,950 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,809 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $53,809 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $19,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $19,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $6,812 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $8,178 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,366 | TotalRevenueColumnAmt |
| Exclusion | -$1,366 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| PATRONAGE REVENUE | 221000 | $1,890,334 | $1,890,334 | $0 | $0 |
| POLE ATTACHMENT RENTALS | 221000 | $324,964 | $0 | $0 | $324,964 |
| MISCELLANEOUS NON-OPERATING | 221000 | $441,635 | $441,635 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,656,933 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $71,631,326 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $71,253,919 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $377,407 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $853,571 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,595,479 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,291 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,950 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,139 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,332 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,711 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $763,042 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,195 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,578,507 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,238,273 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,063 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASED POWER | $45,820,988 | $0 | $0 | $0 |
| OPERATING EXPENSES | $1,064,853 | $0 | $0 | $0 |
| MAINTENANCE EXPENSES | $3,122,528 | $0 | $0 | $0 |
| CUSTOMER ACCOUNT EXPENSES | $669,078 | $0 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $707,510 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,089,510 | 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 | $1,470,212 | BOYAmt |
| EOY | $1,539,423 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,609,820 | BOYAmt |
| EOY | $8,719,168 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $752,509 | BOYAmt |
| EOY | $865,778 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,209,918 | BOYAmt |
| EOY | $1,376,562 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $154,758,219 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $36,664,987 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,130,399 | BOYAmt |
| EOY | $118,093,232 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,882,791 | BOYAmt |
| EOY | $29,652,161 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,055,649 | BOYAmt |
| EOY | $160,246,324 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,680,841 | BOYAmt |
| EOY | $9,225,144 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,677,930 | BOYAmt |
| EOY | $65,349,047 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,172,170 | BOYAmt |
| EOY | $3,442,588 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,530,941 | BOYAmt |
| EOY | $78,016,779 | 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 | $79,524,708 | BOYAmt |
| EOY | $82,229,545 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,524,708 | BOYAmt |
| EOY | $82,229,545 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,055,649 | BOYAmt |
| EOY | $160,246,324 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,541,816 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$2,836,979 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $2,000 | PoliticalExpendituresAmt |
| Volunteer Hours | 0 | VolunteerHoursCnt |
| Expended527 Activities | $0 | Expended527ActivitiesAmt |
| Internal Funds Contributed | $2,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $2,000 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (true) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANA FRIENDS OF RURAL ELECTRIFICATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8888 KEYSTONE CROSSING SUITE 1600 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351998087 | EIN |
| Paid Internal Funds | $2,000 | PaidInternalFundsAmt |
| Contributions Rcvd Dlvr | $0 | ContributionsRcvdDlvrAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I-A Line 1 | FormAndLineReferenceDesc |
| Explanation | THE REMC MAKES A DIRECT CONTRIBUTION TO INDIANA FRIENDS OF RURAL ELECTRIFICATION, WHICH IS A POLITICAL ACTION COMMITTEE. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $430,282 | OtherCostOrOtherBasisAmt |
| Book Value | $430,282 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,782,528 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,668,484 | DepreciationAmt |
| Book Value | $1,114,044 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $148,545,409 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,996,503 | DepreciationAmt |
| Book Value | $116,548,906 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $118,093,232 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PATRONAGE CAPITAL - HOOSIER ENERGY | $25,379,355 | C |
| PATRONAGE CAPITAL - CFC | $1,722,142 | C |
| CAPITAL TERM CERTIFICATES - CFC | $1,007,537 | C |
| MEMBER CAPITAL SECURITIES - CFC | $500,000 | C |
| PATRONAGE CAPITAL - FEDERATED | $220,408 | C |
| MEMBERSHIP - HOOSIER ENERGY | $98,332 | C |
| PATRONAGE CAPITAL - UNITED UTILITY SUPPLY | $363,267 | C |
| ALL OTHER INVESTMENTS | $361,120 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $29,652,161 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| CUSTOMER DEPOSITS | $479,539 |
| CUSTOMER ADVANCES FOR CONSTRUCTION | $2,603,857 |
| POST RETIREMENT BENEFIT OTHER THAN PENSION | $135,009 |
| ALL OTHER LIABILITIES | $224,183 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,442,588 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $71,631,326 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $71,631,326 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $71,631,326 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $66,089,510 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $66,089,510 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $66,089,510 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt X, Line 2 | FormAndLineReferenceDesc |
| Explanation | ACCOUNTING FOR UNCERTAIN TAX POSITIONS - IN JUNE 2006, THE FASB ISSUED "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". THE GENERALLY ACCEPTED ACCOUNTING PRINCIPAL PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE ACCOUNTING PRINCIPAL REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS ACCOUNTING PRINCIPAL DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS AS THE REMC DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| 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)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JASON CLEMMONS | |||||||||||||
| $221,468 | $0 | $0 | $0 | $10,675 | $0 | $103,062 | $0 | $27,019 | $0 | $362,224 | $0 | $0 | $0 |
| JEREMY R MILLER | |||||||||||||
| $175,179 | $0 | $0 | $0 | $10,583 | $0 | $53,721 | $0 | $26,799 | $0 | $266,282 | $0 | $0 | $0 |
| NASH SUMMERS | |||||||||||||
| $132,319 | $0 | $0 | $0 | $17,295 | $0 | $24,455 | $0 | $26,640 | $0 | $200,709 | $0 | $0 | $0 |
| JERRY APPLEGATE | |||||||||||||
| $142,881 | $0 | $0 | $0 | $3,116 | $0 | $23,455 | $0 | $26,589 | $0 | $196,041 | $0 | $0 | $0 |
| KEVIN CROUSE SR | |||||||||||||
| $137,557 | $0 | $0 | $0 | $7,636 | $0 | $46,769 | $0 | $28,569 | $0 | $220,531 | $0 | $0 | $0 |
| KEVIN KASTENSMIDT | |||||||||||||
| $143,452 | $0 | $0 | $0 | $1,064 | $0 | $31,378 | $0 | $26,651 | $0 | $202,545 | $0 | $0 | $0 |
| CHRISTOPHER WOODS | |||||||||||||
| $137,259 | $0 | $0 | $0 | $3,193 | $0 | $24,318 | $0 | $26,405 | $0 | $191,175 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 6 | CONSUMERS OF THE REMC'S ELECTRIC SERVICE ARE CONSIDERED MEMBERS OF THE COOPERATIVE. |
| Pt VI, Line 7a | MEMBERS OF THE REMC ELECT THE BOARD OF DIRECTORS. |
| Pt VI, Line 7b | A MEMBER VOTE IS REQUIRED TO CHANGE THE ARTICLES OF INCORPORATION OF THE REMC. |
| Pt VI, Line 11b | THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS AND MANAGEMENT BEFORE MAILING TO THE GOVERNMENT. |
| Pt VI, Line 12c | ONLY THE CHIEF EXECUTIVE OFFICER AND DIRECTORS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS CONFIRMING THEY HAVE NO CONFLICTS OF INTEREST OR DISCLOSING ANY THEY MAY HAVE. ALL OTHER EMPLOYEES ARE REQUIRED BY THE CORPORATION'S CODE OF BUSINESS ETHICS AND CONDUCT POLICY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ON AN ONGOING BASIS. |
| Pt VI, Line 15a | THE REMC EMPLOYS AN OUTSIDE, INDEPENDENT FIRM TO PREPARE A COMPENSATION STUDY FOR ALL EMPLOYEES. STUDY INCLUDES DATA FROM NATIONAL, REGIONAL, AND LOCAL LEVEL COMPARISON. DIRECTOR COMPENSATION WAS BASED ON A SIMILAR STUDY. |
| Pt VI, Line 15b | THE REMC EMPLOYS AN OUTSIDE, INDEPENDENT FIRM TO PREPARE A COMPENSATION STUDY FOR ALL EMPLOYEES. STUDY INCLUDES DATA FROM NATIONAL, REGIONAL, AND LOCAL LEVEL COMPARISON. DIRECTOR COMPENSATION WAS BASED ON A SIMILAR STUDY. |
| Pt VI, Line 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| Other | Pt IX, Line 4: PATRONAGE CAPITAL RETURNED TO MEMBERS TOTALING $2,857,895 HAS BEEN INCLUDED IN THE RECONCILIATION OF NET ASSETS ON PART XI, LINE 9. |
| Pt XI | OTHER CHANGES IN NET ASSETS OR FUND BALANCES: |
| Pt XI | PATRONAGE CAPITAL RETURNED TO MEMBERS -$2,857,895 |
| Pt XI | INCREASE IN OTHER COMPREHENSIVE INCOME $20,916 |
| Pt XII, Line 2c | ENTIRE BOARD HAS OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT AUDITORS. |