2022-05-04T09:28:24-05:00 2021-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2021-01-01 350188040 BOONE REMC BOON 7654822390 PO BOX 563 LEBANON IN IN 46052 BENJAMIN DUKE ACTING VP OF CORPORATE SERVICES/CFO 7654822390 2022-04-29 1 BENJAMIN DUKE 999009999 BRIAN D CHERRY P01355823 3176344747 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z BENJAMIN DUKE PO BOX 563 LEBANON IN IN 46052 60246084 0 X WWW.BREMC.COM X 1936 IN PROVIDING ENERGY-RELATED SERVICES IN A SAFE, DEPENDABLE AND REASONABLY PRICED MANNER, TO RURAL AREAS. 9 8 49 0 0 0 0 0 52814968 58154786 120181 14719 1756713 2061133 54691862 60230638 0 0 0 0 2531988 2560272 0 0 0 48076714 51951211 50608702 54511483 4083160 5719155 127350207 132784446 73253495 75707213 54096712 57077233 PROVIDING ENERGY-RELATED SERVICES IN A SAFE, DEPENDABLE AND REASONABLY PRICED MANNER, TO RURAL AREAS 0 0 54511483 58154786 DISTRIBUTION OF ELECTRICITY 54511483 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 39 0 49 1 0 0 0 0 0 0 0 58154786 2075852 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 5.99 X X 21360 0 0 THOMAS DULL VICE-CHAIRMAN 3.28 X X 19560 0 0 DANNY LAWSON DIRECTOR 2.38 X 16280 0 0 ALAN CRAGUN DIRECTOR 3.60 X 14330 0 0 MARK GRUNINGER SECRETARY/TREASURER 2.65 X X 19560 0 0 BRUCE GUERNSEY DIRECTOR 3.53 X 14760 0 0 MARK STARKEY DIRECTOR 3.23 X 14160 0 0 JON STEVENS DIRECTOR 4.49 X 18360 0 0 G TOM TAYLOR DIRECTOR 2.34 X 16990 0 0 WILLIAM CONLEY CEO/PRESIDENT 40.00 X 289884 0 182815 JEANETTE JOHNSON CFO/VP OF CORPORATE SERVICES 40.00 X 147321 0 70291 JEFFREY DICKERSON VP OF OPERATIONS 40.00 X 148996 0 84622 PAM WARMOTH EXECUTIVE ASSISTANT & HR COORDINATOR 40.00 X 119001 0 99099 ROBERT HAWKINS LINE SUPERINTENDENT 40.00 X 115587 0 64437 BENJAMIN DUKE ACCOUNTING SUPERVISOR 40.00 X 113557 0 65675 CHARLES LEAVITT SYSTEM ENGINEER 40.00 X 110438 0 60934 1200144 0 627873 7 0 1 0 ELECTRICOM LLC 1660 WEST HOSPITAL ROAD PAOLI IN 47454 CONTRACTOR 3415004 THERMO BOND BUILDINGS LLC 1001 W MAIN ST ELK POINT SD 57025 MATERIALS 113920 2 PROG.SERV.REVENUE-RELATED-990 221000 58154786 58154786 58154786 25328 25328 10609 -10609 -10609 -10609 6069 4837 1232 1232 PATRONAGE REVENUE 900001 2059901 2059901 2059901 60230638 58156018 0 2074620 1200144 1200144 1360128 1360128 51249 51249 15330 15330 2093250 2093250 4327339 4327339 PURCHASED POWER 37383762 37383762 GENERAL & ADMINISTRATIV 3938249 3938249 OPERATION AND MAINTENAN 2990961 2990961 TAXES 1151071 1151071 54511483 54511483 0 0 4092581 1030698 6817001 1250628 2127070 3330637 1872961 2548285 248407 127218 131776304 26465379 95080712 105310925 13536423 15225777 3575052 3960278 127350207 132784446 5961398 6228040 54249139 51470741 3625000 6650000 9417958 11358432 73253495 75707213 X 0 0 0 0 54096712 57077233 54096712 57077233 127350207 132784446 X 5719155 -2738636 X 0 1 X 1 0 2000 2000 2000 1 INDIANA FORE 8888 KEYSTONE CROSSING STE 1600 INDIANAPOLIS IN 46204 351998087 2000 455758 455758 5357255 1940558 3416697 125963291 24524821 101438470 105310925 WVPA 12811836 C COBANK 1052117 C CFC 700684 C NISC 144631 C UUS 128117 C FEDERATED 122518 C ERMCO 103632 C IEC 89620 C ALL OTHER 72622 C 15225777 ACCUM. POST-RETIREMENT OBLIGATION 8577884 MEMBER DEPOSITS 2617140 DEFERRED CREDIT 163408 11358432 X 60230639 0 60230639 0 60230639 54511482 0 54511482 0 54511482 PART X, LINE 2: THE REMC BELEIVES IT IS NOT TAKING ANY UNCERTAIN TAX POSITIONS. X 1 1 0 0 0 WILLIAM CONLEY CEO/PRESIDENT 289884 0 0 0 0 0 145258 0 37557 0 472699 0 0 0 JEFFREY DICKERSON VP OF OPERATIONS 148996 0 0 0 0 0 63450 0 21172 0 233618 0 0 0 PAM WARMOTH EXECUTIVE ASSISTANT & HR COORDINATOR 119001 0 0 0 0 0 73358 0 25741 0 218100 0 0 0 JEANETTE JOHNSON CFO/VP OF CORPORATE SERVICES 147321 0 0 0 0 0 44840 0 25451 0 217612 0 0 0 ROBERT HAWKINS LINE SUPERINTENDENT 115587 0 0 0 0 0 38707 0 25730 0 180024 0 0 0 BENJAMIN DUKE ACCOUNTING SUPERVISOR 113557 0 0 0 0 0 39945 0 25730 0 179232 0 0 0 CHARLES LEAVITT SYSTEM ENGINEER 110438 0 0 0 0 0 39215 0 21719 0 171372 0 0 0 NOEL KENDALL DIRECTOR 35961729 PURCHASED POWER 0 THOMAS DULL DIRECTOR 177300 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 -158,364. OTHER COMPREHENSIVE INCOME -2,580,272. BOONE COOPERATIVE ADVANTAGE 1207 INDIANAPOLIS AVE LEBANON IN 46052 NON-EXEMPT ACTIVITIES IN -32 22837 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