JOHNSON COUNTY RURAL ELEC MEM CORP: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JOHNSON COUNTY RURAL ELEC MEM CORP (EIN 35-0424700)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-01
- IRS object ID
- 202411839349301081
- Schema version
- 2023v5.1
- 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 | 2024-07-01T14:10:27-05:00 | 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 | 350424700 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Johnson County Rural Electric Membership Corporation | BusinessNameLine1Txt |
| Business Name Line2 | JCREMC | BusinessNameLine2Txt |
| 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 | 2024-07-01 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | STURM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | 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 | $74,135,246 | 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 | 6 | VotingMembersIndependentCnt |
| Total Employee | 82 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $66,851,354 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $71,079,321 | CYProgramServiceRevenueAmt |
| PY Investment Income | $304,744 | PYInvestmentIncomeAmt |
| CY Investment Income | $575,534 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,365,770 | PYOtherRevenueAmt |
| CY Other Revenue | $1,724,298 | CYOtherRevenueAmt |
| PY Total Revenue | $70,521,868 | PYTotalRevenueAmt |
| CY Total Revenue | $73,379,153 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,225,290 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,625,003 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $61,772,482 | PYOtherExpensesAmt |
| CY Other Expenses | $63,643,554 | CYOtherExpensesAmt |
| PY Total Expenses | $67,997,772 | PYTotalExpensesAmt |
| CY Total Expenses | $70,268,557 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,524,096 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,110,596 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $166,688,644 | TotalAssetsBOYAmt |
| Total Assets EOY | $179,762,305 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $71,594,255 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $81,408,918 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $95,094,389 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $98,353,387 | 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 | $70,268,557 | ExpenseAmt |
| Revenue | $72,535,505 | RevenueAmt |
| Desc | Distribution of electricity | Desc |
| Total Program Service Expenses | $70,268,557 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| 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 | 44 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 82 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| 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 | $71,079,321 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $2,299,832 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | 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 (15 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 | 45.00 | 5.000 | Yes (X) | $363,320 | $0 | $59,869 | ||
| TERRY MILLER | ||||||||
| VP of Finance | 44.00 | 5.000 | Yes (X) | $174,168 | $0 | $57,704 | ||
| KEVIN SHELLEY | ||||||||
| VP of Engineering | 43.00 | Yes (X) | $166,164 | $0 | $32,688 | |||
| NICK STAINBROOK | ||||||||
| Director of Operations | 45.00 | $153,627 | $0 | $28,997 | Yes (X) | |||
| SHAWN FRYE | ||||||||
| Director of Technology | 42.00 | $133,552 | $0 | $26,973 | Yes (X) | |||
| DANIEL CORTHELL | ||||||||
| Journeyman Lineman | 48.00 | $133,061 | $0 | $18,325 | Yes (X) | |||
| DANIEL WOOD | ||||||||
| Line Superintendent | 46.00 | $131,943 | $0 | $23,247 | Yes (X) | |||
| STEVEN STOUT | ||||||||
| Journeyman Lineman | 48.00 | $130,074 | $0 | $11,081 | Yes (X) | |||
| SETH BROWN | ||||||||
| SecretaryTreasurer | 7.400 | 0.200 | $25,750 | $7,700 | $0 | Yes (X) | ||
| LEE ANN WILBUR | ||||||||
| President | 5.600 | 0.200 | $25,650 | $7,700 | $0 | Yes (X) | ||
| STEPHEN WATSON | ||||||||
| Vice President | 4.700 | 0.200 | $25,600 | $7,700 | $0 | Yes (X) | ||
| RONALD BARNETT | ||||||||
| Board of Director | 6.900 | 0.200 | $25,400 | $7,700 | $0 | Yes (X) | ||
| JAMIE MEREDITH | ||||||||
| Board of Director | 6.600 | 0.200 | $21,550 | $7,700 | $0 | Yes (X) | ||
| DENNIS STEWART | ||||||||
| Board of Director | 3.600 | 0.200 | $18,700 | $5,550 | $0 | Yes (X) | ||
| GLENN MCALPIN | ||||||||
| Board of Director | 4.500 | 0.200 | $17,350 | $5,900 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,545,909 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $49,950 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $258,884 | 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 Pindes Dr Ste 8210 | The Woodlands | TX | 77380 | Distrib Energy Resources | $3,513,305 |
| Hoosier Edison Line Co | |||||
| 4301 N 800 W | Sharpsville | IN | 46068 | Utility line construction | $2,535,340 |
| Asplundh Tree Expert LLC | |||||
| 708 Blair Mill Rd | Willow Grove | PA | 19090 | Tree Trimming | $1,281,344 |
| G&G Underground Const | |||||
| 1150 Graham St | Franklin | IN | 46131 | Utility line construction | $1,058,965 |
| Mark It Right LLC | |||||
| PO Box 309 | Danville | IN | 46122 | Utility locating | $701,730 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Electricity distribution | 221000 | $70,836,626 | $70,836,626 |
| Penaltiesservice charges | 221000 | $242,695 | $242,695 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $71,079,321 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $440,929 | TotalRevenueColumnAmt |
| Exclusion | $440,929 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $178,972 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $178,972 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $178,972 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $328,971 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $194,366 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $134,605 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $134,605 | 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 | $647,407 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $561,727 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $85,680 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Patronage capital | 900001 | $1,690,380 | $1,690,380 |
| Patronage capital assoc. | 900001 | -$454,481 | -$454,481 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $223,747 | TotalRevenueColumnAmt |
| Exclusion | $223,747 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,459,646 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $73,379,153 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $72,315,220 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $664,676 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $697,488 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,353,068 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $872,373 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,759 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,315 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,809 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,800 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,620 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,026 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,989 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,540 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,081 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,123 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,333 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,393,655 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $239,914 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,614,460 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,768 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| purchased power | $50,140,746 |
| line operation & maint | $3,947,355 |
| taxes | $465,136 |
| meter reading | $33,199 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,268,557 | 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 | $132,269 | BOYAmt |
| EOY | $8,040 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,510,842 | BOYAmt |
| EOY | $1,848,449 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,145,159 | BOYAmt |
| EOY | $10,735,260 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,415,208 | BOYAmt |
| EOY | $13,525,893 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,009,441 | BOYAmt |
| EOY | $10,583,500 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,921 | BOYAmt |
| EOY | $103,677 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $146,638,257 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $32,955,648 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,533,142 | BOYAmt |
| EOY | $113,682,609 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,168,520 | BOYAmt |
| EOY | $29,274,877 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,685,142 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,688,644 | BOYAmt |
| EOY | $179,762,305 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,326,110 | BOYAmt |
| EOY | $13,210,348 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,581,418 | BOYAmt |
| EOY | $63,405,889 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,686,727 | BOYAmt |
| EOY | $4,792,681 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,594,255 | BOYAmt |
| EOY | $81,408,918 | 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 | $95,094,389 | BOYAmt |
| EOY | $98,353,387 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,094,389 | BOYAmt |
| EOY | $98,353,387 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,688,644 | BOYAmt |
| EOY | $179,762,305 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,110,596 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $148,402 | 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 | $7,620 | PoliticalExpendituresAmt |
| Form1120 POL Filed | false | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Paid Internal FundsPaidInternalFundsAmt |
|---|---|---|---|---|
| Indiana Electric Cooperati | ||||
| 8888 Keystone Crossing Ste 1600 | Indianapolis | IN | 46240 | $5,620 |
| Indiana FORE | ||||
| 8888 Keystone Crossing Ste 1600 | Indianapolis | IN | 46240 | $2,000 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Org Leg Ctrl | false | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | false | DisclosedForCharitablePrpsInd |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
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 | $144,229,933 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $32,955,648 | DepreciationAmt |
| Book Value | $111,274,285 | 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 | $113,682,609 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| patronage capital Hoosier | $24,723,540 | F |
| patronage capital NRUCFC | $712,046 | F |
| capital term certificate | $510,118 | F |
| Inv Bank for Cooperative | $3,762 | F |
| Inv Indiana Elec Coop | $113,267 | F |
| Inv NISC | $221,134 | F |
| Inv Assoc Organization | $2,806 | F |
| Inv in Subsidiaries | $2,988,204 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $29,274,877 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| accum provision pension | $2,740,650 |
| obligation capital leases | $1,128,567 |
| construction advances | $923,464 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,792,681 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $73,379,153 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $73,379,153 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $73,379,153 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $70,268,557 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $70,268,557 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $70,268,557 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 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 | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|
| JOHN STURM | ||||||||
| CEO | $326,374 | $30,000 | $6,946 | $59,869 | $25,743 | $448,932 | ||
| TERRY MILLER | ||||||||
| VP of Finance | $169,592 | $1,000 | $3,576 | $57,704 | $24,404 | $256,276 | ||
| KEVIN SHELLEY | ||||||||
| VP of Engineering | $156,854 | $6,000 | $3,310 | $32,688 | $24,280 | $223,132 | ||
| NICK STAINBROOK | ||||||||
| Director of Operations | $136,257 | $6,000 | $11,370 | $28,997 | $23,814 | $206,438 | ||
| SHAWN FRYE | ||||||||
| Director of Technology | $125,513 | $1,000 | $7,039 | $26,973 | $23,976 | $184,501 | ||
| DANIEL CORTHELL | ||||||||
| Journeyman Lineman | $131,711 | $1,000 | $350 | $18,325 | $23,587 | $174,973 | ||
| DANIEL WOOD | ||||||||
| Line Superintendent | $125,343 | $6,000 | $600 | $23,247 | $1,617 | $156,807 | ||
| STEVEN STOUT | ||||||||
| Journeyman Lineman | $128,474 | $1,000 | $600 | $11,081 | $23,587 | $164,742 | ||
| SETH BROWN | ||||||||
| SecretaryTreasurer | $25,750 | $25,750 | $7,700 | $7,700 | ||||
| LEE ANN WILBUR | ||||||||
| President | $25,650 | $25,650 | $7,700 | $7,700 | ||||
| STEPHEN WATSON | ||||||||
| Vice President | $25,600 | $25,600 | $7,700 | $7,700 | ||||
| RONALD BARNETT | ||||||||
| Board of Director | $25,400 | $25,400 | $7,700 | $7,700 | ||||
| JAMIE MEREDITH | ||||||||
| Board of Director | $21,550 | $21,550 | $7,700 | $7,700 | ||||
| DENNIS STEWART | ||||||||
| Board of Director | $18,700 | $18,700 | $5,550 | $5,550 | ||||
| GLENN MCALPIN | ||||||||
| Board of Director | $17,350 | $17,350 | $5,900 | $5,900 | ||||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (27 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 our website. Our |
| Part VI Line 19 | financial statements are available upon request. |
| Part XI Line 9 | The $148,402, other changes in net assets consists of two items. The |
| Part XI Line 9 | first is a negative $1,229,402. This numbers consists of a retirement of |
| Part XI Line 9 | patronage capital in the amount of $2,041,492, an increase in fund balances |
| Part XI Line 9 | of $816,461, due to unclaimed patronage capital brought back into other |
| Part XI Line 9 | fund balances and a payout of $4,371 in unclaimed patroange capital that |
| Part XI Line 9 | decreased other fund balances during the year. The second item consists of |
| Part XI Line 9 | a $1,377,804 decrease in the market adjustments valuation of our post |
| Part XI Line 9 | retirement benefits. Our post retirmenet benefits is determined by an |
| Part XI Line 9 | actuarial study each year and we do not fund any portion of that balance. |
| Part XI Line 9 | JCREMC has shown patronage retirement to its members in the other changes |
| Part XI Line 9 | in net assets or 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 | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Effective Systems | ||||||||||||
| 750 International Dr | Franklin | IN | 46131 | 320046607 | Holding Company | IN | JCREMC | C corp | $59,000 | $3,965,846 | 1.00000 | false |
| Rural Utility Econcomic Development Corporation | ||||||||||||
| 750 International Dr | Franklin | IN | 46131 | 351989503 | BackUp Generator | IN | Effective Systems | C corp | $60,000 | $13,447 | 1.00000 | false |
| Effective Systems Fiber Network | ||||||||||||
| 750 International Dr | Franklin | IN | 46131 | 451619463 | Data Communications | IN | Effective Systems | C corp | $2,603,143 | $18,787,570 | 1.00000 | false |
| 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 (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Effective Systems | ||
| Q | $40,335 | reimburse JCREMC for exp |
| Rural Utility Econcomic Development Corporation | ||
| B | $60,000 | grant |
| Effective Systems Fiber Network | ||
| A | $248,289 | interest |
| (no name) | ||
| D | $3,761,764 | loan |
| Franklin | ||
| G | $3,761,764 | book value of assets |
| (no name) | ||
| O | $744,865 | actual costs |