2021-10-15T11:16:30-05:00 2020-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2020-01-01 351902531 WHITEWATER VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION WHIT 7654585171 PO BOX 349 LIBERTY IN 47353 MARY JO THOMAS PRESIDENT AND CEO 7654585171 2021-10-07 1 MARY JO THOMAS 999009999 EARL L RIDLEN P00987829 3176344747 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARY JO THOMAS PO BOX 349 LIBERTY IN 47353 29791331 0 X WWVREMC.COM X 1994 IN DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS 9 8 28 0 3767 2767 0 0 29192951 28877335 251508 152981 755301 761015 30199760 29791331 0 0 0 0 938886 835161 0 0 0 27082134 26750816 28021020 27585977 2178740 2205354 62871836 66172922 27841558 29716910 35030278 36456012 DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS. 0 0 28144245 28877335 DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS 28144245 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 21 0 1 28 1 1 1 0 0 0 0 0 0 28877336 915257 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 KYLE JOBE 7654585171 PO BOX 349 LIBERTY IN 47353 MARK SINGER ASSISTANT SEC/TREASURER 4.46 X X 9200 0 0 JODIE CREEK SECRETARY/TREASURER 8.24 X X 10755 0 0 JOE NOCTON VICE CHAIRMAN 6.25 X X 7575 0 0 TERRY HILLMAN DIRECTOR 4.29 X 10200 0 0 ROD WEST CHAIRMAN 5.97 X X 9460 0 0 GARRY SAYNE DIRECTOR 6.50 X 8600 0 0 MARK MILLER DIRECTOR 3.83 X 7950 0 0 RYAN DRAKE DIRECTOR 3.77 X 8200 0 0 NATE CANTRELL DIRECTOR 4.62 X 7825 0 0 MARY JO THOMAS CHIEF EXECUTIVE OFFICER 45.63 X 206247 0 86199 J MICHAEL WALTZ CHIEF OPERATING OFFICER 44.00 X 121667 0 69061 CLAY SMITH LINE FOREMAN 47.39 X 117668 0 31339 BRIAN CHEATHAM LINE FOREMAN 45.70 X 110419 0 42591 GRANT CORRELL LINEMAN 45.43 X 110201 0 22266 BRAD WILDMAN LINEMAN 46.68 X 110241 0 30844 MARK BELL LINEMAN 46.29 X 107866 0 43410 964074 0 325710 11 0 1 0 SYNERGISTIC SOLUTIONS 1943 SKYLINE DR GREENWOOD IN 46143 RIGHT OF WAY MANAGEMENT 1741339 AMPP CONSTRUCTION INC PO BOX 65 WINCHESTER IN 47394 OVERHEAD LINE CONTRACTOR 920838 ELECTRICOM LLC PO BOX 319 PAOLI IN 47454 OVERHEAD LINE CONTRACTOR 617389 5 STAR ELECTRIC LLC 14021 CALIBR DR SUITE 300 OKLAHOMA CITY OK 73134 OVERHEAD LINE CONTRACTOR 497774 SUB-SURFACE OF INDIANA INC 7225 W 700 S MORGONTOWN IN 46160 EXCAVATING AND TRENCH WORK 291542 8 RESIDENTIAL SALES- FARM 221000 19527728 19527728 COMMERCIAL AND INDUSTRIAL SALES 221000 5528090 5528090 RESIDENTIAL SALES- SEASONAL 221000 2770694 2770694 SALES TO PUBLIC UTILITIES 221000 463328 463328 SALES TO PUBLIC BUILDINGS 221000 371733 371733 215762 215762 28877335 152981 152981 CAPITAL CREDITS AND PATRONAGE 900000 649688 649688 RENTAL INCOME 221000 93985 93985 MERCHANDISING REVENUE 221000 9394 9394 7948 -5627 13575 761015 29791331 28877335 3767 911492 558268 237491 31434 7968 932172 2046536 PURCHASED POWER 18421717 MAINTENANCE EXPENSE 2496307 GENERAL AND ADMINISTRAT 895520 CUSTOMER ACCOUNTS EXPEN 704679 1253885 27585977 1736594 2486455 3527848 3184005 748796 661905 803014 726911 63810701 17458994 43380733 46351707 12667879 12754967 6972 6972 62871836 66172922 2673402 2607870 24069356 25984415 1098800 1124625 27841558 29716910 X 174998 174998 0 0 34855280 36281014 35030278 36456012 62871836 66172922 X 2205354 -779620 X 0 0 0 FRIENDS OF RURAL ELECTRIFICATION 8888 KEYSTONE CROSSING SUITE 1600 INDIANAPOLIS IN 46240 351998087 2000 PART I-A, LINE 1: MONETARY DONATIONS 40361 40361 767135 635470 131665 3110470 389269 2721201 59892735 16434255 43458480 46351707 PATRONAGE CAPITAL INVESTMENT 11799307 F INVESTMENTS IN CAPITAL TERM CERTIFI 730112 F OTHER INVESTMENTS IN ASSOCIASTED CO 225548 F 12754967 CUSTOMER DEPOSITS 212282 CONSUMER DEPOSITS- CREDIT RISK 3780 CAPITAL CREDITS PAYABLE 908563 1124625 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 CHIEF EXECUTIVE OFFICER 206247 0 0 0 0 0 81876 0 4323 0 292446 0 0 0 J MICHAEL WALTZ CHIEF OPERATING OFFICER 121667 0 0 0 0 0 41757 0 27304 0 190728 0 0 0 BRIAN CHEATHAM LINE FOREMAN 110419 0 0 0 0 0 15948 0 26643 0 153010 0 0 0 MARK BELL LINEMAN 107866 0 0 0 0 0 16845 0 26565 0 151276 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 18712653 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 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 -774,338. CHANGE IN MEMBERSHIPS -5,282.