2022-11-11T12:27:24-06:00 2021-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2021-01-01 352068789 RUSHSHELBY ENERGY RURAL ELECTRIC MEMBERSHIP CORPORATION RUSH 7655442600 2777 S 840 W MANILLA IN 46150 CHRIS CHASTAIN PRESIDENT & CEO 7655442600 2022-11-09 1 CHRIS CHASTAIN 999009999 EARL L RIDLEN P00987829 3176344747 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LINDA HOOD 2777 S 840 W MANILLA IN 46150 47621696 0 X RSE.COOP X 1999 IN RUSHSHELBY ENERGY IS A DISTRIBUTION ELECTRIC COOPERATIVE PROVIDING SALES OF ELECTRICITY AND RELATED EQUIPMENT AND SERVICES TO MEMBERS OF OUR RURAL ELECTRIC MEMBERSHIP COOPERATIVE. 9 0 48 0 0 0 0 0 46326201 45731080 -370337 -330232 1117783 1727290 47073647 47128138 0 0 1248279 1299716 6407884 6979553 0 0 0 38781929 37578459 46438092 45857728 635555 1270410 100353321 101755271 54093512 53682926 46259809 48072345 RUSHSHELBY ENERGY IS A DISTRIBUTION ELECTRIC COOPERATIVE PROVIDING ELECTRICITY AND SERVICES TO THE MEMBERS OF OUR RURAL ELECTRIC MEMBERSHIP COOPERATIVE 0 0 DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 46 0 1 48 1 0 0 0 0 0 0 0 45731080 1397060 0 0 0 X 9 0 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 IN X LINDA HOOD - VP FINANCE 7655442600 2777 S 840 W MANILLA IN 46150 KEITH THEOBALD DIRECTOR 5.14 X 10850 0 0 DEAN BACON VICE PRESIDENT 2.53 X X 9950 0 0 CHARLES SMITH PRESIDENT 4.18 X X 11200 0 0 JILL KOCH SECRETARY 7.49 X X 10900 0 0 BRUCE EVERHART TREASURER 3.83 X X 13100 0 0 MARK NIGH DIRECTOR 4.17 X 13150 0 0 ANN SIPES DIRECTOR 4.08 X 11850 0 0 FRED SMITH DIRECTOR 5.99 X 10800 0 0 ROBERT STROUP DIRECTOR 12.70 X 11200 0 0 TERRY JOBE CEO 47.23 X 283709 0 127426 LINDA HOOD VP FINANCE 42.99 X 133777 0 85364 CHRIS CHASTAIN VP ENGINEERING 44.82 X 155924 0 88237 BRADLEY MEANS VP OPERATIONS 47.63 X 133195 0 81187 DAVID TOLL VP CONSUMER SERVICES 40.98 X 127294 0 81156 JASON CLEMMONS VP MEMBER SERVICES 45.58 X 127968 0 78881 TONY ADKINS SERVICEMAN 56.15 X 145572 0 64218 GREG FILE FOREMAN B 48.98 X 121676 0 69544 MATT BUSALD JOURNEYMAN LINEMAN 48.64 X 120167 0 63414 TIM SMITH SERVICEMAN 47.39 X 122554 0 56433 MICHAEL SPARKS JOURNEYMAN LINEMAN 49.91 X 119616 0 66085 1694452 0 861945 11 0 1 0 ANIXTER POWER SOLUTIONS LLC PO BOX 4851 ORLANDO FL 32802 INVENTORY AND MATERIALS 1662470 TOWNSEND TREE SERVICE INC PO BOX 7015 MUNCIE IN 47308 LINE CLEARANCE 948968 CANNON TECHNOLOGIES INC 600 TRAVIS ST STE 5400 HOUSTON TX 77002 ELECTRICAL EQUIPMENT 849920 UNITED UTILITY SUPPLY PO BOX 32170 LOUISVILLE KY 40232 INVENTORY AND MATERIALS 482718 MILLDRILL LLC 708 W 2ND ST RUSHVILLE IN 46173 TRENCHING 397728 5 ELECTRIC SALES 221000 45600563 45600563 PENALTIES AND MISC REVENUE 221000 130517 130517 45731080 79340 79340 126648 6453 120195 120195 120195 409572 -409572 -409572 -409572 76744 77533 -789 -789 G&T CAPITAL CREDIT ALLOCATIONS 900000 1110477 1110477 POET DEMAND CREDIT 221000 290937 290937 OTHER CAPITAL CREDIT ALLOCATIONS 900000 206470 206470 1607884 47128138 47128138 0 0 1299716 1299716 1611856 1611856 3191568 3191568 561810 561810 1281854 1281854 332465 332465 77548 77548 34075 34075 150996 150996 56983 56983 104595 104595 533005 533005 318273 318273 4810 4810 1861523 1861523 260138 260138 3567454 3567454 113983 113983 PURCHASED POWER 29468889 29468889 TAXES 891843 891843 OPERATION, MAINT, AND C 134344 134344 45857728 45857728 0 0 3663230 3458140 3883472 3857716 193431 161193 713105 1385754 -42595 -42851 89880645 21002311 67813170 68878334 23434324 23477748 695184 579237 100353321 101755271 4604009 4522409 49430490 49084470 59013 76047 54093512 53682926 X 80811 76693 2786875 3196645 43392123 44799007 46259809 48072345 100353321 101755271 X 1270410 542125 X X 1 X 1 X 1 0 FRIENDS OF RURAL ELECTRIFICATION 8888 KEYSTONE CROSSING SUITE 1600 INDIANAPOLIS IN 46240 351998087 PART I-A, LINE 1: MONETARY DONATIONS 130162 130162 3907877 1143357 2764520 85842606 19858954 65983652 68878334 CAPITAL CERTIFICATES - CFC 1307242 C INVESTMENT - CFC 1650585 C INVESTMENT - HOOSIER ENERGY 19153327 C INVESTMENT - IEC 110939 C INVESTMENT - NISC 129816 C INVESTMENT - NRTC 470108 C FEDERATED INVESTMENT 165899 C UNITED UTILITY INVESTMENT 109907 C ALL OTHER INVESTEMENTS 379925 C 23477748 PREPAID CONSTRUCTION ADVANCE 69230 MYSOLAR INVESTMENT 6817 76047 X 47128138 0 47128138 0 47128138 45857728 0 45857728 0 45857728 PART X, LINE 2: RUSHSHELBY HAS ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE COOPERATIVE'S FORMS 990 FOR 2017 - 2019 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE INDIANA DEPARTMENT OF REVENUE. THE COOPERATIVE IS NOT CURRENTLY BEING EXAMINED BY THESE JURISDICTIONS AND MANAGEMENT BELIEVES ITS TAX-EXEMPT STATUS WOULD BE UPHELD UNDER EXAMINATION. NO PROVISION FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED AT DECEMBER 31, 2021 AND 2020. X X X 0 0 0 TERRY JOBE CEO 283709 0 0 0 0 0 0 0 0 0 283709 0 0 0 CHRIS CHASTAIN VP ENGINEERING 155924 0 0 0 0 0 0 0 0 0 155924 0 0 0 MARK NIGH SEE BELOW 185845 SEE BELOW 0 BOB STROUP SEE BELOW 29468889 SEE BELOW 0 SCHEDULE L, PART IV, LINE 1 INDIVIDUAL SITS AS A BOARD DIRECTOR FOR THE COOPERATIVE AND AS A BOARD DIRECTOR FOR INDIANA ELECTRIC COOPERATIVES. THE COOPERATIVE MAKES PAYMENTS TO INDIANA ELECTRIC COOPERATIVES FOR DUES FEES, TRAINING AND OTHER SERVICES. SCHEDULE L, PART IV, LINE 2 INDIVIDUAL SITS AS A BOARD DIRECTOR FOR THE COOPERATIVE AND AS A BOARD DIRECTOR FOR HOOSIER ENERGY RURAL ELECTRIC COOPERATIVE. RUSHSHELBY ENERGY PURCHASES POWER FROM HOOSIER ENERGY RURAL ELECTRIC COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE REMC CONSIST OF THOSE WHO RECEIVE ELECTRICITY FROM THE CO-OP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING BASED ON THE DISTRICT THEY LIVE IN. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS TO BE MADE BY THE BOARD OF DIRECTORS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW AT THE APPROPRIATE BOARD MEETING. PRIOR TO SUBMISSION THE CFO AND CEO REVIEW THE REPORT IN ITS ENTIRETY WITH THE BOARD CHARIMAN FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE POLICIES REGULARLY AND EMPLOYEES ARE KEPT UP-TO-DATE. FORM 990, PART VI, SECTION B, LINE 15 RUSHSHELBY ENERGY USES THE NRECA COMPENSATION SURVEY AND INDIANA STATEWIDE SURVEY AS AN INDUSTRY GUIDE FOR DETERMINING COMPENSATION FOR CEO, KEY STAFF, AND ALL OTHER POSITIONS WITHIN THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 CERTAIN FINANCIAL DOCUMENTS ARE POSTED ON OUR WEBSITE. AUDITED YEAR-END FINANCIAL STATEMENTS ARE PUBLISHED AND COMMUNICATED VIA OUR MONTHLY MEMBER NEWSLETTER OR AVAILABLE AT OUR ANNUAL MEETING. OTHER FINANCIAL DOCUMENTS MAY BE REQUESTED THROUGH THE MEMBER ACCESS POLICY. GOVERNANCE DOCUMENTS ARE AVAILABLE VIA THE MEMBER ACCESS POLICY. FORM 990, PART XI, LINE 9: CHANGE IN MEMBERSHIPS -4,118. CHANGE IN INVESTMENTS-PRORGAM RELATED PATRONAGE CAPITAL ADJUSTMENTS PATRONAGE CAPITAL CREDITS RETIRED ESTATES/GENERAL -772,682. CURRENT YEAR NET MARGINS ALLOCATED TO MEMBERS 1,299,716. UNRECOGNIZED POSTRETIREMENT BENEFIT COST 19,209. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR IN REGARDS TO THE OVERSIGHT PROCESS OR SELECTION PROCESS. RSE PROPANE 2777 S 840 W PO BOX 55 MANILLA IN 46150 352074729 IN 21461 310499 0 0 0.50000 RSE SERVICES 2777 S 840 W PO BOX 55 MANILLA IN 46150 352072382 IN 38911 208916 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0