2023-10-09T18:45:52-05:00 2022-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2022-01-01 350188040 BOONE REMC BOON 7654822390 PO BOX 563 LEBANON IN IN 46052 BENJAMIN DUKE ACTING VP OF CORPORATE SERVICES/CFO 7654822390 2023-09-20 1 BENJAMIN DUKE 999009999 0 BRIAN D CHERRY P01355823 3176344747 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BENJAMIN DUKE PO BOX 563 LEBANON IN IN 46052 63236415 0 X WWW.BREMC.COM X 1936 IN PROVIDING OUR MEMBERS ENERGY-RELATED SERVICES IN A SAFE, DEPENDABLE, AND REASONABLY PRICED MANNER. 9 8 52 0 0 0 0 0 58154786 62007017 14719 -3302 2061133 1131680 60230638 63135395 0 0 0 0 2560272 2849003 0 0 0 51951211 55709109 54511483 58558112 5719155 4577283 132784446 159678788 75707213 98225048 57077233 61453740 PROVIDING OUR MEMBERS ENERGY-RELATED SERVICES IN A SAFE, DEPENDABLE, AND REASONABLY PRICED MANNER. 0 0 58558112 62007017 DISTRIBUTION OF ELECTRICITY 58558112 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 42 0 52 1 0 0 0 0 0 0 0 62007017 1107035 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X BENJAMIN DUKE 7654822390 PO 563 LEBANON IN 46052 NOEL KENDALL CHAIRMAN 5.77 X X 24560 0 0 THOMAS DULL VICE-CHAIRMAN 2.44 X X 15360 0 0 DANNY LAWSON DIRECTOR 2.03 X X 14510 0 0 ALAN CRAGUN DIRECTOR 2.48 X 16560 0 0 MARK GRUNINGER SECRETARY/TREASESURER 3.57 X 19560 0 0 BRUCE GUERNSEY DIRECTOR 3.78 X 15360 0 0 MARK STARKEY DIRECTOR 2.66 X 13560 0 0 JON STEVENS DIRECTOR 3.69 X 18960 0 0 G TOM TAYLOR DIRECTOR 2.33 X 15360 0 0 WILLIAM CONLEY CEO/PRESIDENT 40.00 X 303417 0 169056 BENJAMIN DUKE ACTING CFO/VP OF CORPORATE SERVICES 40.00 X 150064 0 47988 COREY WILLIS VP OF CORPORATE DEVELOPMENT & TECHNOLOGY 40.00 X 160408 0 74846 JEFFREY DICKERSON VP OF OPERATIONS 40.00 X 159373 0 106616 ALLEN JONES VP OF ENGINEERING SERVICES 40.00 X 150766 0 108396 PAM WARMOTH EXECUTIVE ASSISTANT & HR COORDINATOR 40.00 X 121793 0 94008 ROBERT HAWKINS LINE SUPERINTENDENT 40.00 X 118812 0 65088 1318423 0 665998 16 0 1 0 ELECTRICOM LLC 1660 WEST HOSPITAL ROAD PAOLI IN 47454 CONTRACTOR 2116946 CO-ALLIANCE COOPERATIVE INC 770 N HIGH SCHOOL RD INDIANAPOLIS IN 46214 FUEL 146780 2 PROG.SERV.REVENUE-RELATED-990 221000 62007017 62007017 62007017 70641 70641 73943 -73943 -73943 -73943 26817 27077 -260 -260 PATRONAGE REVENUE 900001 1131940 1131940 1131940 63135395 63138697 0 -3302 1318423 1318423 1530580 1530580 21351 21351 16750 16750 2820265 2820265 4756932 4756932 PURCHASED POWER 39596852 39596852 GENERAL & ADMINISTRATIV 4055118 4055118 OPERATION AND MAINTENAN 3489642 3489642 TAXES 952199 952199 58558112 58558112 0 0 1030698 3943349 1250628 11730904 3330637 4597825 2548285 3449015 127218 188261 145364138 30396217 105310925 114967921 15225777 15995098 3960278 4806415 132784446 159678788 6228040 7462732 51470741 79065392 6650000 0 11358432 11696924 75707213 98225048 X 0 0 0 0 57077233 61453740 57077233 61453740 132784446 159678788 X 4577283 -200776 X X 0 1 X 1 0 2000 2000 2000 1 INDIANA FORE 8888 KEYSTONE CROSSING STE 1600 INDIANAPOLIS IN 46204 351998087 2000 447123 447123 5354198 2051639 3302559 139562817 28344578 111218239 114967921 WVPA 13466216 C COBANK 1079386 C CFC 748705 C NISC 140213 C UUS 147894 C FEDERATED 136672 C ERMCO 115257 C IEC 87496 C ALL OTHER 73259 C 15995098 ACCUM. POST-RETIREMENT OBLIGATION 9307424 MEMBER DEPOSITS 1511549 DEFERRED CREDIT 877951 11696924 X 63135395 0 63135395 0 63135395 58558112 0 58558112 0 58558112 PART X, LINE 2: THE REMC BELIEVES IT IS NOT TAKING ANY UNCERTAIN TAX POSITIONS. X 1 1 0 0 0 WILLIAM CONLEY CEO/PRESIDENT 303417 0 0 0 0 0 129141 0 39915 0 472473 0 0 0 JEFFREY DICKERSON VP OF OPERATIONS 159373 0 0 0 0 0 83997 0 22619 0 265989 0 0 0 ALLEN JONES VP OF ENGINEERING SERVICES 150766 0 0 0 0 0 79479 0 28917 0 259162 0 0 0 COREY WILLIS VP OF CORPORATE DEVELOPMENT & TECHNO 160408 0 0 0 0 0 45031 0 29815 0 235254 0 0 0 PAM WARMOTH EXECUTIVE ASSISTANT & HR COORDINATOR 121793 0 0 0 0 0 67132 0 26876 0 215801 0 0 0 BENJAMIN DUKE ACTING CFO/VP OF CORPORATE SERVICES 150064 0 0 0 0 0 19623 0 28365 0 198052 0 0 0 ROBERT HAWKINS LINE SUPERINTENDENT 118812 0 0 0 0 0 38068 0 27020 0 183900 0 0 0 NOEL KENDALL DIRECTOR 40097187 PURCHASED POWER 0 THOMAS DULL DIRECTOR 184812 DUES 0 PART IV, LINE 1 NOEL KENDALL: DIRECTOR OF BOTH BOONE REMC AND WABASH VALLEY POWER ASSOCIATION. REMC PUCHASES POWER FROM WABASH VALLEY POWER ASSOCIATION. PART IV, LINE 2 THOMAS DULL: DIRECTOR OF BOTH BOONE REMC AND INDIANA ELECTRIC COOPERATIVES. REMC PAYS DUES TO THE STATEWIDE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE REMC IS OWNED BY ITS MEMBERSHIP/CUSTOMER BASE FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS THE BOARD MEMEBERS FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS MUST BE APPROVED BY THE MEMBERSHIP FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE 990 UNDER DIRECTION FROM MANAGEMENT FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE DISCUSSED REGULARLY AT BOARD MEETINGS AND DOCUMENTED WITH SPECIFICS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD USING COMPARABILITY DATA OBTAINED FROM INDEPENDENT CONSULTANTS FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS MADE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: PATONAGE CAPITAL REFUNDED -200,776. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR IN REGARDS TO THE OVERSIGHT PROCESS OR SELECTION PROCESS. BOONE COOPERATIVE ADVANTAGE 1207 INDIANAPOLIS AVE LEBANON IN 46052 NON-EXEMPT ACTIVITIES IN 0 20666 BOONE REMC BOONE REMC COMMUNITY FUND INC 1207 INDIANAPOLIS AVE LEBANON IN 46052 EXEMPT ACTIVITIES IN BOONE REMC 0 CIRCLE CITY GROUP 1207 INDIANAPOLIS AVE LEBANON IN 46052 SHARED SERVICES IN EQUAL RELATED 4958 0 0 0.30000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0