2025-05-28T12:11:11-05:00 2024-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2024-01-01 351902531 WHITEWATER VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION WHIT 7654585171 PO BOX 349 LIBERTY IN 47353 MARY JO THOMAS PRESIDENT AND CEO 7654585171 2025-05-21 1 0 EARL L RIDLEN P00987829 3176344747 2024 2025-03-06 01:10:19Z MARY JO THOMAS PO BOX 349 LIBERTY IN 47353 36095762 0 X WWVREMC.COM X 1994 IN DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS 9 7 31 0 -3900 0 0 0 33530621 34953710 124768 94596 876235 1047456 34531624 36095762 0 0 0 0 819901 865705 0 0 0 31567921 32753611 32387822 33619316 2143802 2476446 83556715 100536961 44742866 60030298 38813849 40506663 DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS. 0 0 33619318 34953709 DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS 33619318 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 31 1 1 1 0 0 0 0 0 0 34953709 1145837 0 0 0 X 9 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X KYLE JOBE 7654585171 1201 S SR 101 LIBERTY IN 47353 ROD WEST CHAIRMAN 6.94 X X 9815 0 0 RYAN DRAKE VICE CHAIRMAN 3.74 X X 8100 0 0 JODIE CREEK SECRETARY/TREASURER 9.42 X X 9815 0 0 NATE CANTRELL ASST. SECRETARY/TREASURE 2.31 X X 6875 0 0 JOE NOCTON DIRECTOR 2.51 X 7350 0 0 MARK SINGER DIRECTOR 5.12 X 10350 0 0 GARRY SAYNE DIRECTOR 7.82 X 8475 0 0 TERRY HILLMAN DIRECTOR 6.23 X 9600 0 0 MARK MILLER DIRECTOR 4.24 X 7475 0 0 MARY JO THOMAS PRESIDENT & CEO 46.95 X 227746 0 42397 MELODY LYNCH CHIEF OPERATING OFFICER 47.86 X 133381 0 56988 CLAY SMITH LINE FOREMAN 48.79 X 140712 0 36014 BRIAN CHEATHAM LINE FOREMAN 46.63 X 128631 0 40206 GRANT CORRELL LINEMAN 45.97 X 127042 0 29493 DERRICK MULLINS OPERATIONS MANAGER 44.22 X 126872 0 50523 NOAH WILLIAMS LINEMAN 47.69 X 125830 0 26248 1088069 0 281869 13 0 1 0 AMPP CONSTRUCTION PO BOX 65 WINCHESTER IN 47394 OVERHEAD LINE CONTRACTOR 2605579 SYNERGISTIC SOLUTIONS 1943 SKYLINE DR GREENWOOD IN 46143 RIGHT OF WAY MANAGEMENT 1753984 ELECTRICOM LLC PO BOX 319 PAOLI IN 47454 OVERHEAD LINE CONTRACTOR 1534773 NISC PO BOX 1147 MANDAN ND 58554 INFORMATION TECHNOLOGY 385600 ALPHA ENGINEERING OF IND LLC 7760 W NEW YORK ST INDIANAPOLIS IN 46214 ENGINEERING CONTRACTOR 370337 7 RESIDENTIAL SALES- FARM 221000 22237843 22237843 COMMERCIAL AND INDUSTRIAL SALES 221000 8106451 8106451 RESIDENTIAL SALES- SEASONAL 221000 3373726 3373726 SALES TO PUBLIC UTILITIES 211100 498195 498195 SALES TO PUBLIC BUILDINGS 211100 441301 441301 296194 296194 34953710 94596 94596 CAPITAL CREDITS AND PATRONAGE 900001 812770 812770 RENTAL INCOME 211100 209930 209930 MERCHANDISING REVENUE 211100 7455 7455 0 17301 -11355 28656 1047456 36095762 34953710 -3900 1145952 512566 286167 30400 36572 1478097 2604333 PURCHASED POWER 22461518 MAINTENANCE EXPENSE 3212735 GENERAL AND ADMINISTRAT 1303503 CUSTOMER ACCOUNTS EXPEN 726519 966906 33619316 1664151 1790000 7196624 8220846 1703678 1761374 502744 521602 93359663 17943991 59869831 75415672 0 0 12612715 12820495 6972 6972 83556715 100536961 3210018 4260891 40195525 54500141 1337323 1269266 44742866 60030298 X 174998 174998 0 0 38638851 40331665 38813849 40506663 83556715 100536961 X 2476446 -783632 X 0 0 0 2000 2000 1 INDIANA ELECTRIC COOPERATIVES STATE PAC 11805 N PENNSYLVANIA ST CARMEL IN 46032 351998089 2000 PART I-A, LINE 1: MONETARY DONATIONS 589596 589596 16701468 760196 15941272 4729129 943325 3785804 71339470 16240470 55099000 75415672 PATRONAGE CAPITAL INVESTMENT 11844186 F INVESTMENTS IN CAPITAL TERM CERTIFI 720576 F OTHER INVESTMENTS IN ASSOCIASTED CO 255733 F 12820495 CUSTOMER DEPOSITS 218771 CONSUMER DEPOSITS- CREDIT RISK 3780 CAPITAL CREDITS PAYABLE 1002577 DEFERRED CREDIT- ANNEXATION 44138 1269266 X PART X, LINE 2: 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. X 1 1 X 0 0 0 MARY JO THOMAS PRESIDENT & CEO 227746 0 0 0 0 0 39534 0 2863 0 270143 0 0 0 MELODY LYNCH CHIEF OPERATING OFFICER 133381 0 0 0 0 0 34049 0 22939 0 190369 0 0 0 DERRICK MULLINS OPERATIONS MANAGER 126872 0 0 0 0 0 23012 0 27511 0 177395 0 0 0 CLAY SMITH LINE FOREMAN 140712 0 0 0 0 0 8717 0 27297 0 176726 0 0 0 BRIAN CHEATHAM LINE FOREMAN 128631 0 0 0 0 0 12909 0 27297 0 168837 0 0 0 GRANT CORRELL LINEMAN 127042 0 0 0 0 0 6874 0 22619 0 156535 0 0 0 NOAH WILLIAMS LINEMAN 125830 0 0 0 0 0 4074 0 22174 0 152078 0 0 0 PART I, LINE 1A TRAVEL TO AND FROM ANNUAL REGIONAL MEETINGS MAY BE PAID BY THE REMC. TRAVEL FOR COMPANIONS IS REIMBURSED BY THE DIRECTOR, IF PAID FOR BY THE REMC. JODIE CREEK SECRETARY/TREASURER 22461518 PURCHASED POWER - THE REMC IS COMMITTED TO PURCHASE POWER FROM HOOSIER ENERGY, WHICH IS A TAXABLE COOPERATIVE. EACH REMC HAS A DIRECTOR SERVE ON THE BOARD OF DIRECTORS AT HOOSIER ENERGY. JODIE CREEK IS WHITEWATER VALLEY REMC'S REPRSENTATIVE ON THE HOOSIER ENERGY BOARD. 0 GARRY SAYNE DIRECTOR 167367 STATEWIDE ASSOCIATION - THE REMC IS A MEMBER OF INDIANA ELECTRIC COOPERATIVES. THE REMC MAKES PAYMENTS TO INDIANA ELECTRIC COOPERATIVES FOR MEMBERSHIP DUES, TRAINING, AND OTHER SERVICES. EACH REMC HAS A DIRECTOR SERVE ON THE BOARD OF DIRECTORS AT INDIANA ELECTRIC COOPERATIVES. GARRY SAYNE SERVES AS A DIRECTOR FOR INDIANA ELECTRIC COOPERATIVES. ASSOCIATION.;LISTTOTAL 156343;LISTTOTAL 159702 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE REMC CONSIST OF THOSE WHOM RECEIVE ELECTRICITY FROM THE REMC. THEY ARE CONSIDERED OWNERS OF THE REMC AND ARE ENTITLED TO A PORTION OF THE INCOME. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS SELECTED BY MEMBERS OF THE REMC. THE GOVERNING BOARD SERVES A SET TERM AND THEN THEIR POSITION IS UP FOR ELECTION. THE REMC TERRITORY IS DIVIDED INTO THREE DISTRICTS AND THERE ARE THREE BOARD MEMBERS THAT REPRESENT EACH OF THE THREE DISTRICTS. ANY MEMBER IS FREE TO RUN FOR THE BOARD OF DIRECTORS IF THEIR SECTION HAS AN OPEN SEAT. FORM 990, PART VI, SECTION A, LINE 7B BOARD DECISIONS ARE MONITORED BY THE REMC MEMBERS. THEY CAN REQUEST A BOARD MEMBER TO BE REMOVED. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE 990 AND 990-T ARE REVIEWED BY THE BOARD BEFORE THEY ARE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND OFFICERS OF THE REMC REGULARLY REVIEW THE CONFLICT OF INTEREST POLICY AND KEEP TRACK OF EMPLOYEE AND BOARD MEMBERS ACTIVITIES TO MAKE SURE THAT THERE IS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. EVERYONE IS AWARE OF THE POLICY AND COMMUNICATION LINES ARE OPEN SO THAT PEOPLE FEEL FREE TO REPORT IF THEY HAVE A NEW CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER'S RAISE IS BASED ON A BOARD DECISION. OTHER KEY EMPLOYEES' RAISES ARE DETERMINED BY EXAMINING THE BUDGET AND THEN DETERMINING A RAISE PERCENTAGE. THE DEPARTMENT HEADS RECOMMEND THE RAISE AMOUNT, BUT IT IS SUBJECT TO CHANGE BY THE GENERAL MANAGER. THE GENERAL MANAGER DETERMINES THE SALARIES FOR THE TOP MANAGEMENT BASED ON GUIDELINES SET BY THE BOARD IN THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE REMC'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. THE ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED IN THE REMC'S MARCH NEWSLETTER. FORM 990, PART XI, LINE 9: CAPITAL CREDIT RETIREMENTS -779,221. CHANGE IN MEMBERSHIPS -4,411.